Archive – Banking & Fintech

Uncertainty dogs Switzerland’s first UN summit

This content was published on Sep 26, 2003 But Switzerland, which is to host the event in December, is confident that delegates will eventually agree on a common declaration on the “information society”. “I’m neither disappointed nor discouraged by the outcome,” the director of the Swiss Federal Office for Communication, Marc Furrer, told swissinfo. “These are very difficult topics, such as freedom of…

Switzerland’s largest IT fair shifts focus

This content was published on Sep 25, 2003 This year Orbit/Comdex has shifted its focus onto the high-tech needs of small and medium-sized enterprises (SMEs). But the fair appears to be a mere shadow of its former self; in its heyday, it attracted an impressive 110,000 visitors. Management then decided the event had grown too big and chose to target the business sector…

Mediator to tackle airport noise row

This content was published on Sep 25, 2003 Transport Minister Moritz Leuenberger announced the decision after meeting representatives of the airport, the affected cantons and the national airline, Swiss. Leuenberger insisted that a new approach was necessary to end the current stand-off and to improve an atmosphere that the minister described as “spiteful”. “At the moment all parties are feeling aggrieved and ignored,”…

Appenzell parades its bovine beauties

This content was published on Sep 24, 2003 For the first time, tourism chiefs are promoting bovine beauty shows where prize specimens can walk off with awards for udder beauty or lifetime achievement. The most important seasons in rural Appenzell are not Christmas or Easter, but the times when the cows are moved up to mountain pastures or brought home, and when they…

Press sceptical about airline alliance

This content was published on Sep 24, 2003 Swiss had ultimately been left with little choice, they wrote, and its severe financial woes were far from over. The loss-making airline announced on Tuesday it would join British Airways’ nine-strong alliance, in preference to linking up with the German carrier, Lufthansa, which would have amounted to a takeover. Membership is expected to bring benefits…

Oneworld entry gives Swiss room to manoeuvre

This content was published on Sep 23, 2003 But questions remain over whether Swiss is still too big or has the financial strength to survive in an overcrowded, highly competitive industry. Swiss announced on Tuesday that it had opted to join Oneworld. The other alternative was a link-up with the German carrier, Lufthansa, which would have amounted to a takeover of Swiss. Membership…

Swiss joins Oneworld alliance

This content was published on Sep 23, 2003 Membership of the nine-strong club is expected to bring benefits of around SFr100 million ($74 million) a year to cash-strapped Swiss. Swiss chose to join Oneworld in preference to linking up with the German carrier, Lufthansa, which would have amounted to a takeover. The national carrier also struck a separate deal with British Airways, paving…

Flying on empty

This content was published on Sep 23, 2003 Swiss has spent most of its short history gradually scaling back its operations. October, 2, 2001 All Swissair flights are grounded, spelling the end for the national carrier. The fall-out from the September 11 attacks was the last straw for the 70-year-old airline, which was on the verge of collapse because of a failed expansion…

Decision day dawns for Swiss

This content was published on Sep 23, 2003 The Swiss management board is expected to announce the decision at a press conference at 10am on Tuesday. Media reports suggest that the crisis-ridden national airline has already decided in favour of Oneworld, which counts British Airways and American Airlines among its members. The Financial Times said a deal with Oneworld would see the British…

IMF gathers in Dubai under Swiss chairmanship

This content was published on Sep 22, 2003 Switzerland’s finance minister, Kaspar Villiger, became the first Swiss to chair a meeting of the institution’s 184 member states. Alexander Karrer, ambassador for international relations at the Swiss finance ministry, told swissinfo that the two-day summit in Dubai was an opportunity to refocus world attention on economic problems. “The kind of signal Dubai can send…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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Uncertainty dogs Switzerland’s first UN summit

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Switzerland’s largest IT fair shifts focus

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Mediator to tackle airport noise row

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Appenzell parades its bovine beauties

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Press sceptical about airline alliance

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Oneworld entry gives Swiss room to manoeuvre

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Swiss joins Oneworld alliance

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Flying on empty

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Decision day dawns for Swiss

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IMF gathers in Dubai under Swiss chairmanship

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