Archive – Banking & Fintech

Mouse company roars on

This content was published on Apr 15, 2004 Net profit in the fiscal year 2003/2004 increased to $132 million (SFr171.75 million), up by 34 per cent over the previous year. The world’s largest maker of mice also announced on Thursday that it was on track for increased sales and profit this year. “I think we delivered past our goals and I’m very proud…

Bottlenecks strangle Swiss traffic

This content was published on Apr 15, 2004 But while the authorities and engineers say they are aware of the problem, they have yet to come up with solutions. Road traffic is expected to come to a standstill in many parts of Switzerland this weekend as the Easter holidays come to an end. Drivers could find themselves stuck in long tailbacks because of…

Austrian chip firm chooses Swiss exchange

This content was published on Apr 15, 2004 The move follows the successful initial public offering (IPO) of the biotechnology company Basilea Pharmaceutica, which floated its shares last month on the exchange. The Unterpremstätten-based firm is planning an €85 million (SFr122 million) public offering of primary and secondary shares in Switzerland, along with private placement for investors abroad. austriamicrosystems is majority owned by…

Basel looks to drive luxury goods market

This content was published on Apr 15, 2004 As the largest trade show of its kind in the world, Baselworld is aiming to banish a host of problems that have dented consumer confidence over the past few years. These include the economic downturn, the war in Iraq and the ongoing threat of global terrorism. The fair will also be trying to repair the…

Switzerland and EU seek accord on re-export tax

This content was published on Apr 14, 2004 Swiss officials met their EU counterparts on Wednesday in a bid to persuade Brussels not to impose the tax as planned in June. “Our discussions were open and constructive…and different options were examined,” said EU spokesman Jonathan Todd. “We are confident that we will have a solution by the beginning of May. And this solution…

Swiss watch fairs broaden their horizons

This content was published on Apr 14, 2004 But this year’s Baselworld proves that the northern Swiss city still has the edge over its southern rival. The fierce competition between the two cities – which marked the boom years of the watch industry – has tempered, notably because the sector has suffered from the economic downturn. Despite a rise in watch exports in…

Smaller watch brands find their niche

This content was published on Apr 14, 2004 Before Basel opens its doors on Thursday, swissinfo took a look behind the scenes of the mid-price Certina brand, a member of the Swatch group. If there is anything that is characteristic of the watch world it is enthusiasm and emotion, and that is also true at the house of Certina. Founded in 1888 in…

Music industry calls time on illegal downloading

This content was published on Apr 13, 2004 Individuals who exchange music samples and collections on the web are being warned that they could face prison sentences and fines of up to SFr100,000 ($77,000). The Swiss branch of the International Federation of the Phonographic Industry (IFPI) – which represents the interests of 90 per cent of record labels in Switzerland – says it…

Products line up for seal of approval

This content was published on Apr 12, 2004 Initial reactions have been positive, not least because the new classifications have led to an increase in sales and offer protection against foreign imitators. After wine, Protected Designation of Origin (PDO) status – similar to the French “appellation d’origine contrôlée” (AOC) quality label – is being extended to other Swiss agricultural and food products. PDO…

Swiss publisher makes inroads in China

This content was published on Apr 8, 2004 The sector is still under state control, but there is increasing freedom. And there has been an explosion in advertising. On the streets, a thousand new titles have blossomed. Magazines are piled on pavement stalls, or laid out more or less neatly on the ubiquitous newsstands. It is a long time since the Chinese read…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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Mouse company roars on

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Bottlenecks strangle Swiss traffic

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Austrian chip firm chooses Swiss exchange

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Basel looks to drive luxury goods market

More

Switzerland and EU seek accord on re-export tax

More

Swiss watch fairs broaden their horizons

More

Smaller watch brands find their niche

More

Music industry calls time on illegal downloading

More

Products line up for seal of approval

More

Swiss publisher makes inroads in China

Popular Stories

Most Discussed