Archive - Banking & Fintech Archives - Page 1194 of 1641

More

Locarno exposes Swiss shortcomings

This content was published on Aug 9, 2002 It has two films screening at the town’s popular Piazza Grande and another two in the main international competition.But while this might on the surface appear to reflect a healthy trend in home-grown talent, Philippe Clivaz, director of the Swiss short-film agency, remains sceptical. “All four of those films are co-productions,” he says. “What we…

More

Swiss farmers stand to lose all in Zimbabwe

This content was published on Aug 9, 2002 The deadline – which expired at midnight on Thursday – is part an initiative launched by President Robert Mugabe two years ago to redistribute white-owned land to blacks. A farmer who defies an eviction order faces a fine and up to two years in prison. Farmers groups said hundreds of families had already abandoned their…

More

Confidence slips within Swiss households

This content was published on Aug 8, 2002 The latest economic indicators appear to back up the Central Bank’s forecast that growth is stalling. The Bank cut interest rates last month, after revising downwards its predictions for growth, saying it would likely fall short of one per cent this year. “This is a clear warning sign,” said Jan Poser, an economist at Bank…

More

Michel Jordi runs out of time

This content was published on Aug 7, 2002 The company, based in Nyon in canton Vaud, had produced in particular the ethno-design watches that proved popular in the 1990s. The firm’s 12 employees have lost their jobs. Company spokesman Didier Wacker told said on Wednesday that the search for a Swiss or foreign partner had proved fruitless. “No acceptable solution could be found…

More

New drug threat at Zurich street parade

This content was published on Aug 7, 2002 Alongside the usual cautions about the dangers of the party drug, ecstasy, officials have expressed concern about the arrival of PMA – a potentially lethal form of amphetamine. Often sold as ecstasy, PMA – or para-methoxy-amphetamine – triggers a similar hallucinogenic and amphetamine effect as the popular “love drug”. However, health authorities say the drug…

More

Car sharing on road to success

This content was published on Aug 7, 2002 “I have been using this scheme for the last five years,” said one man from Zurich. “It’s an excellent way – in addition to public transport – to get around cities and towns.” While this man abandoned his own car, he has not given up on personal motorised transport. He is just one of 47,000…

More

Profit rises but sales fall at Syngenta

This content was published on Aug 7, 2002 In a statement from its headquarters in Basel, Syngenta said profit rose to $448 million (SFr677.82 million), up from $400 million compared with same period last year. Sales of $3.902 billion were down by three per cent on the first half figure of $4.031 billion a year ago. Syngenta’s share price rose by more than…

More

Nestlé’s empire strikes again

This content was published on Aug 6, 2002 The number one food concern announced on Tuesday that it was continuing its aggressive expansion policy in the United States with the takeover of Chef America for $2.6 billion (SFr3.86 billion). Only last week, the company was reported to be a hot favourite to buy US chocolate maker Hershey for a price of around $12…

More

Controller confused crash pilots

This content was published on Aug 6, 2002 A transcript of radio communications between the Zurich-based air traffic controller and an ill-fated Russian Tupolev has shown that the pilot was given the wrong information. Seventy-one people – including 52 children – died in the tragedy. The transcript reveals that the controller from Switzerland’s Skyguide service wrongly informed the Russian pilot that another aircraft…

Archive – Banking & Fintech

Popular Stories

Most Discussed

Archive – Banking & Fintech

More

swissinfo – Contact – Address – Webmaster

More

Locarno exposes Swiss shortcomings

More

Swiss farmers stand to lose all in Zimbabwe

More

Confidence slips within Swiss households

More

Michel Jordi runs out of time

More

New drug threat at Zurich street parade

More

Car sharing on road to success

More

Profit rises but sales fall at Syngenta

More

Nestlé’s empire strikes again

More

Controller confused crash pilots

Popular Stories

Most Discussed