Archive – Banking & Fintech

Adecco sets date to come clean

This content was published on Mar 5, 2004 The company hopes to repair its image and boost its share value, which both took a battering when it disclosed accounting problems in January. In a statement, Adecco’s board of directors reiterated that to date there was no evidence demonstrating “major misappropriations or irregularities” that would be financially significant to the company as a whole.…

MPs cry foul as new investors move into football

This content was published on Mar 4, 2004 A Swiss parliamentarian has tabled a motion in the Council of Europe calling for stricter checks on the background of investors and into the origin of their money. In July, Ukrainian investors bailed out the ailing Swiss team, FC Wil, acquiring a 51 per stake in the club for SFr1.1 million. In the same month,…

Unique reports slim 2003 profit

This content was published on Mar 4, 2004 On Thursday the firm said earnings before interest and taxes rose to SFr84 million, up from SFr69 million in 2002, beating market expectations. René Zahner, an analyst at Aargau Cantonal Bank, said the result “looked good” but was influenced by an extraordinary gain of SFr43 million from the early redemption of company bonds. Zahner said…

Business angels seek new investments in Zurich

This content was published on Mar 3, 2004 They hope to attract capital and coaching from some of the region’s experienced entrepreneurs who are actively investing in young companies as members of the angel network. There has been no diminishment of interest by the wealthy individuals who participate at similar events across the region. BrainsToVentures, which hosts such events three times a year,…

Carmakers have women in their sights in Geneva

This content was published on Mar 3, 2004 Organisers of the event’s 74th edition say this year’s show reflects the rapidly growing buying power of women, as well as their influence on design. The show, which was opened by the Swiss president, Joseph Deiss, has 56 concept cars on display and 17 prototypes. “One of the stars among the world premieres being unveiled…

“Splash” car turns James Bond fantasy into reality

This content was published on Mar 3, 2004 The frog-like concept car, called “Splash”, can reach speeds of up to 80 kilometres per hour above water and was designed by the Zurich-based firm, Rinspeed. “When I was a kid, I played in the bathtub with my toy cars; in my dreams, cars could do whatever I wanted them to,” said the 48-year-old founder…

Sulzer profit takes a tumble

This content was published on Mar 3, 2004 Sulzer, which produces machines and production systems for the aerospace, water and energy industries, said the drop in profit had been expected. In a statement, Sulzer commented that its 2002 results had been boosted by significant contributions from real estate sales. It said last year’s figure was dented by one-off exceptional expenses of SFr23 million…

Swiss imaging software boosts lab productivity

This content was published on Mar 2, 2004 Semasopht says the deal with EVA, which is funded by two Basel banks and a number of private investors, gives it breathing room and takes it one step closer to raising the SFr 1.5 million funding it will require to commercialize its software, used for analysis in research laboratories. “The capital will be used to…

E-government fails to connect with the Swiss

This content was published on Mar 2, 2004 Only one in ten Swiss makes use of online services provided by the local, cantonal and federal authorities despite much publicity promoting e-government. The study published on Tuesday by the Bern University of Applied Sciences and the information technology company, Unisys, is the first of its kind. Researchers found that only twelve per cent of…

Givaudan emits sweet smell of success

This content was published on Mar 2, 2004 It is home to two giants of the flavours and fragrances industry which together account for around 30 per cent of the global market. One is the family-owned Firmenich company, but the world leader is Givaudan, whose aim is to be the dominant industry force both in sales and profitability. Peter Wullschleger, Givaudan’s head of…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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Adecco sets date to come clean

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MPs cry foul as new investors move into football

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Unique reports slim 2003 profit

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Business angels seek new investments in Zurich

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Carmakers have women in their sights in Geneva

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“Splash” car turns James Bond fantasy into reality

More

Sulzer profit takes a tumble

More

Swiss imaging software boosts lab productivity

More

E-government fails to connect with the Swiss

More

Givaudan emits sweet smell of success

Popular Stories

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