Archive – Banking & Fintech

Swiss civil aviation crash history

This content was published on Feb 3, 2004 The plane, which was flying from Berlin to Zurich, crashed into woodland just short of the runway, killing 24 of the 33 people on board. As investigators publish their final report into the cause of the crash, swissinfo takes a look back at some of the major accidents in the history of Swiss civil aviation.…

Watch exports slip on global uncertainties

This content was published on Feb 3, 2004 The total export value of watches and watch movements was SFr10.177 billion ($8.15 billion) or SFr462.9 million less than in 2002. According to the Federation of the Swiss Watch Industry in Biel, this year is likely to see a return to “moderate” export growth. Commenting on the figures published on Tuesday, the Federation said in…

Krokus: Fire And Gasoline (Sponteanously Combustible). Live!

This content was published on Feb 3, 2004

Crossair crash caused by pilot error

This content was published on Feb 3, 2004 Switzerland’s Aircraft Accident Investigation Bureau also criticised shortcomings of the aircraft operator, Crossair. The Federal Prosecutor’s Office said on Tuesday that it had opened a criminal investigation into possible negligent homicide and grievous bodily harm by negligence. The accident report confirmed that the pilot of the Jumbolino Avro RJ-100 jet dropped below the minimum descent…

Start-up launches easy-to-use mobile phone

This content was published on Feb 3, 2004 The product line emerging from the canton Zug-based start-up primarily targets older people, the blind and children. To make a call or set off an alarm, the user has to press just one button to connect to a pre-programmed telephone number, for instance emergency services. The manufacturer expects the new technology to be used for…

Sales and profits down at Ciba

This content was published on Feb 3, 2004 The Basel-based company said in a statement on Tuesday that its sales had also declined by six per cent to SFr6.65 billion. The firm – which makes products ranging from dyes in compact discs to the pigments that make Ferraris red – said it did not foresee any sustainable improvement in global business conditions. “There…

Rebif sales drive record Serono profit

This content was published on Feb 2, 2004 Net income was up 22 per cent on the previous year, boosted by sales of its multiple sclerosis drug, Rebif, and a weak dollar. Turnover rose by almost a third, up to $2.02 billion. “2003 has been a record year for Serono,” said the company’s chief executive, Ernesto Bertarelli. Serono forecast 2004 earnings growth of…

Swiss rank among the world’s leading investors

This content was published on Feb 2, 2004 A new study shows Switzerland made net overseas investments of almost $180 billion (SFr227 billion) in 2002, putting it behind only Britain, Japan and France. Measured as a percentage of its GDP, Switzerland’s foreign investments put it only behind Hong Kong as the world’s leading investor abroad. The country’s importance as a net foreign investor…

Young drinkers unimpressed by alcopops tax

This content was published on Feb 2, 2004 But it is not yet clear whether the tax will work, as many young drinkers say they will continue to buy the beverages despite the price hike. Last year, the Swiss parliament decided to quadruple the current tax on a bottle of alcopop – a mixture of spirits with soft drinks or fruit juices –…

“Ultra high-tech” investor back Swiss quantum firm

This content was published on Feb 2, 2004 The financing gives the company capital to develop its new quantum cryptography product and two new board members, both from i2i. Founded in 2002, the company is commercialising a breakthrough in quantum physics to develop secure communications systems based on quantum cryptography. One of its first trial customers is a Geneva bank, using the system…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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Swiss civil aviation crash history

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Watch exports slip on global uncertainties

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Krokus: Fire And Gasoline (Sponteanously Combustible). Live!

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Crossair crash caused by pilot error

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Start-up launches easy-to-use mobile phone

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Sales and profits down at Ciba

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Rebif sales drive record Serono profit

More

Swiss rank among the world’s leading investors

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Young drinkers unimpressed by alcopops tax

More

“Ultra high-tech” investor back Swiss quantum firm

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