Archive – Banking & Fintech

Mühlemann departs empty-handed

This content was published on Dec 18, 2002 Mühlemann, who steps down at the end of the year after coming under pressure for his failed expansion strategy, will waive his contractual right to a severance payment. A statement on Wednesday from Switzerland’s second-largest financial group said that Mühlemann had notified the board of directors of his decision. However, the brief announcement added that…

Recipe for a spelt noodles dish

This content was published on Dec 18, 2002 Hanni Kleeb of the Mühle Kleeb provides a recipe for a lemon cream sauce to accompany wild garlic-flavoured spelt noodles made at her mill. The recipe is for four people and the noodles can be purchased either at the mill or the Emmental show dairy in the village of Affoltern. Recipe: Finely chop 20g of…

A sheep that stands out from the flock

This content was published on Dec 17, 2002 The Roux de Bagues, a red wool variety, black Lötschen sheep and Visp sheep are now extinct. One of the few ancient, indigenous breeds to have survived is the Roux du Valais or Walliser Landschaf. This breed was once prized for its red, rough wool. There was no need to dye it, and it was…

Saving the woolly pig

This content was published on Dec 17, 2002 But the woolly pig may yet live to grunt another day, thanks to the work of the Swiss environmental protection foundation, Pro Specie Rara. The common type was the Swallow Bellied Mangalitza, a black-bristled robust animal well adapted to cold climates. It rarely became sick, and produced high quality meat. Yet despite these useful qualities,…

Evolèner cows return to the pasture

This content was published on Dec 17, 2002 But that hasn’t stopped him from spending all his spare time rearing ten rare Evolène cattle. “The farm here – especially with these animals – is my calling. If I had to choose between making a living out of a farm or doing my normal job, it would be an easy choice,” he says. His…

Swiss farmers flocked to Argentina

This content was published on Dec 17, 2002 On August 15, 1858, 35 immigrants from canton of Valais founded the village of San Jeronimo Norte near Santa Fé. When Bettina’s grandfather was just a toddler, his aunt took him from the village of Zeneggen in Valais on the long journey to Argentina. He settled down in San Jeronimo and raised a family. When…

Slow economic recovery expected in 2003

This content was published on Dec 17, 2002 They are predicting real GDP growth of 1.1 per cent in 2003, increasing to 1.8 per cent in 2004. Inflation is predicted to stand at one per cent next year. The figures are in line with those issued last month by the State Secretariat for Economic Affairs (Seco), which cut its growth forecast for 2003…

Swiss banks play down German tax amnesty

This content was published on Dec 16, 2002 Switzerland’s banks weathered a similar amnesty for Italians after depositors repatriating funds simply transferred their money to Swiss banks’ branches in Italy. The German chancellor, Gerhard Schröder, confirmed the amnesty on Monday, saying it would be introduced next year. “We want to allow those who have not been honest a way back into the system,”…

Basel offers sweet taste of history

This content was published on Dec 16, 2002 Entitled “Chocolate: the art of enticement”, the exhibition in the city’s culture museum tells of the triumphant advance of cocoa and chocolate since they were first consumed 2,500 years ago. The world’s earliest known cocoa plantations were established by the Mayas in Central America. The beans were used by them and their successors not only…

Technology still reigns at ABB

This content was published on Dec 15, 2002 A wireless assembly line robot, the first of its kind, is the latest innovation to emerge from the Swiss-Swedish firm’s technology division. ABB is one of the first companies to apply wireless technology for industrial applications. Its assembly line robot, called Robbie, is fitted with wireless sensors which communicate with a central computer using radio…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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Mühlemann departs empty-handed

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Recipe for a spelt noodles dish

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A sheep that stands out from the flock

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Saving the woolly pig

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Evolèner cows return to the pasture

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Swiss farmers flocked to Argentina

More

Slow economic recovery expected in 2003

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Swiss banks play down German tax amnesty

More

Basel offers sweet taste of history

More

Technology still reigns at ABB

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