Archive – Banking & Fintech

Ernst & Young awards Swiss entrepreneurs

This content was published on Oct 15, 2002 The industry/high tech award went to Peter A. Schifferle, CEO and member of the board SIA Abrasives Holding AG in Frauenfeld. This is the fifth time that the awards have taken place in Switzerland. The three were chosen for their ingenuity and perseverance, the marks of a successful entrepreneur, according to E&Y. Schifferle took lead…

Ebner steps back from ABB

This content was published on Oct 15, 2002 A statement from ABB headquarters in Zurich said Ebner had stepped down for “personal reasons”. Ebner, who joined the ABB board in 1999, is the largest single shareholder in the company, owning a nearly ten per cent stake through his BZ Group. The group refused to comment on what Ebner might do with his shares…

Women farmers work 70 hours a week

This content was published on Oct 15, 2002 A survey of 880 Swiss female farmers said most were pessimistic about the future of the agricultural sector in Switzerland. The study by GfS, one of the leading social research organisations in Switzerland, found that 75 per cent of participants had a week or less holiday per year – due mainly to a shortage of…

Basel researchers forecast economic stagnation

This content was published on Oct 15, 2002 BAK Basel Economics said on Tuesday that it expected the economy to stagnate this year and grow by 1.6 per cent in 2003. In its spring forecast in July, the research group had predicted growth of 1.5 per cent for the year. At a presentation in Basel, BAK researchers said their expectations for a global…

Swiss optics investment firm bought by German DEWB

This content was published on Oct 14, 2002 Zurich-based optic has seen its share price has fall below the company’s net asset value. Optic went public on the Swiss Stock Exchange in May 2000. It has been struggling for months with its share price lower than its Net Asset Value and poor liquidity. Now it is to be acquired by DEWB (Deutsche Effecten-…

Swiss industrial recovery falters

This content was published on Oct 14, 2002 The poll, carried out by financial group UBS, indicates that the economy will remain sluggish. In its outlook for the fourth quarter, UBS said that after suffering a “severe setback” in the third quarter, industry saw some light at the end of the tunnel. However, the group said that an early end to “adjustments in…

Gourmets’ answer to fast food wins converts in Switzerland

This content was published on Oct 13, 2002 The movement, founded in Paris in 1989, aims to reinforce the idea that good food needs time to prepare and time to savour. In 1986, the US fast food chain McDonald’s tried to open its first restaurant in Rome. The chosen location was within spitting distance of the world famous “Spanish Steps” on the Piazza…

Lugano to host Nepad permanent headquarters

This content was published on Oct 12, 2002 The announcement came during a one-day summit in Lugano attended by African heads of state and European business leaders. Security was tight around the city’s main conference hall, where delegates from a total of 16 African countries – including Zambia, Nigeria, Senegal, Kenya, Mali and South Africa – held talks with around 400 members of…

Investment for Africa takes shape in Lugano

This content was published on Oct 11, 2002 Among those expected to attend Saturday’s summit are the presidents of Kenya, Senegal and Mozambique. The summit is organised by the New Partnership for Africa’s Development (Nepad). One of Nepad’s main goals is to make the continent attractive to international investors. Meanwhile, Lugano is hoping to become the site of the organisation’s headquarters. Achieving the…

Digital Logic tries homegrown fund raising

This content was published on Oct 11, 2002 The ten-year old firm’s latest product is a waterproof tablet-style computer that is gaining some attention in the press. If you’ve ever looked up a phone number or sent an SMS using one of those heavy duty computers in Swiss telephone booths or bought a train ticket using the touch screen operated machines on the…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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Ernst & Young awards Swiss entrepreneurs

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Ebner steps back from ABB

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Women farmers work 70 hours a week

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Basel researchers forecast economic stagnation

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Swiss optics investment firm bought by German DEWB

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Swiss industrial recovery falters

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Gourmets’ answer to fast food wins converts in Switzerland

More

Lugano to host Nepad permanent headquarters

More

Investment for Africa takes shape in Lugano

More

Digital Logic tries homegrown fund raising

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