Archive – Banking & Fintech

Activists fear WTO investment accord

This content was published on Aug 13, 2003 Swiss NGOs have demanded that the accord be discussed in the United Nations and not the World Trade Organization. Trade ministers from all 146 WTO member countries are due to gather in Cancun, Mexico, on September 10 for a four-day summit. The meeting is a crucial staging post in talks to create a global treaty…

UBS sails further into profit

This content was published on Aug 13, 2003 UBS said in a statement on Wednesday that positive market developments had boosted revenues and profitability in all its businesses. It reported second-quarter income of SFr1.639 billion, up by 29 per cent over the first. It added that the second quarter saw “near perfect” fixed income trading conditions and a relatively rapid rise in equity…

Swiss “gratified” at speed of job cuts

This content was published on Aug 12, 2003 The carrier has also denied widely publicised claims that it is considering the possibility of bankruptcy protection. Swiss is in the middle of a restructuring plan that includes the sacking of a third of its 9,000-strong workforce as well as a drastic reduction in its fleet. “The implementation of the measures which Swiss announced on…

Swiss software helps clear landmines

This content was published on Aug 11, 2003 The product, developed by scientists at the Federal Institute of Technology, helps demining experts use their resources to maximum benefit. It also leads to the rapid printing of maps, which inform civilians which areas they should avoid. The Information Management System for Mine Action (IMSMA) is approved by the United Nations and has been adopted…

Venture-backed start-ups in Switzerland ripe for the picking

This content was published on Aug 11, 2003 According to Peter Ohnemus of The eFirm, a Zug-based consultancy that works with emerging high tech firms and investors, the value of these firms has gone “straight through the bottom”. Typical of the trend is the recent sale of key assets of the start-up company, Fastcom Technology, a venture-backed spin-off of the Swiss Federal Institute…

Swiss tourism industry resists economic blues

This content was published on Aug 11, 2003 But Peter Keller, the Swiss head of tourism at the Organisation for Economic Cooperation and Development, says Switzerland’s saving grace may be its excellence in top-of-the-range tourism. Political instability, the war in Iraq, the Sars virus and the weak economy have put a strain on global tourism, which has seen a drop in demand ever…

Swiss pilots agree to redundancy plan

This content was published on Aug 9, 2003 Nearly two-thirds of the members of the Swiss Pilots Association accepted the plan, as news emerged that Swiss has allegedly been seeking protection from creditors. On Friday, Swiss announced that 396 pilots voted in favour of firing 526 former Crossair pilots, while 140 were against the proposal. Swiss said in a statement that the agreement…

Jura horse show celebrates 100th event

This content was published on Aug 8, 2003 As part of the celebrations, special events will aim to raise the profile of a local breed of horse that is fast becoming the star of the show. A long-standing tradition, the event has grown from humble beginnings as a small agricultural show to a sell-out bonanza of performances, competitions and races. Last year, the…

Swiss aim to bridge digital and poverty divide

This content was published on Aug 8, 2003 Switzerland is hosting the first phase of the international summit in December and hopes that it will result in concrete measures to narrow the information gap. The event will run from December 10-12 in Geneva and is slated to move on to Tunisia in 2005. According to Marc Furrer, director of the Federal Communications Office…

Job market worsens in July

This content was published on Aug 8, 2003 But the economics ministry said the unemployment rate held steady at 3.6 per cent, amid increasing concern over job security. Jean-Luc Nordmann, head of employment at the State Secretariat for Economic Affairs (Seco), said although there was a rise in the number of jobless in July, the results were still largely positive. “The increase is…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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Activists fear WTO investment accord

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UBS sails further into profit

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Swiss “gratified” at speed of job cuts

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Swiss software helps clear landmines

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Venture-backed start-ups in Switzerland ripe for the picking

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Swiss tourism industry resists economic blues

More

Swiss pilots agree to redundancy plan

More

Jura horse show celebrates 100th event

More

Swiss aim to bridge digital and poverty divide

More

Job market worsens in July

Popular Stories

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