Archive – Banking & Fintech

Nobel Biocare makes Swiss stock exchange debut

This content was published on Jun 24, 2002 On Monday, the company’s shares were launched simultaneously on both the Zurich and Stockholm bourses. The company share price, which stood at SFr100 when the SWX opened for business on Monday, rose to SFr102 within the first half hour of trading. Nobel Biocare, whose core business is focused on the manufacture of dental implants and…

Creditors wait for new information on Swissair collapse

This content was published on Jun 24, 2002 In an interview with the German-speaking newspaper, “Finanz und Wirtschaft”, the Swissair administrator, Karl Wüthrich, said details of possible management culpability in the collapse of the airline would be announced at a meeting of shareholders on Wednesday. The new information is part of an initial report on Wüthrich’s investigations into the Swissair collapse, which he…

Medieval troupes take up gauntlet for Gruyères

This content was published on Jun 24, 2002 Jugglers, artisans, musicians and food and drink vendors of all medieval stripes greeted those who entered the gates of the old town of Gruyères last Saturday. Flies buzzed around the head and fur of a freshly killed wild boar laid out for all to see on the cobblestones. At a table behind, a butcher chopped…

Swiss ETF Group spawns grid computing startup and raises €3mn

This content was published on Jun 24, 2002 After meeting with technology transfer unit in May of 2001, he quickly became convinced that grid computing would be the next important and disruptive phase of information technology. Grid computing is based on distributed data processing over networks to exploit computing power in a much cheaper way than traditional centralized computing systems. It also known…

Swiss clock on to selling watches in China

This content was published on Jun 23, 2002 During a recent fact-finding mission to Hong Kong and Shanghai, François Habersaat, the president of the Swiss Federation of Watchmakers, said the Chinese market was ripe for investment. “China’s joining the World Trade Organization [WTO] has had a considerable influence on our relationship [with the country],” says Habersaat. His comments come a week after a…

Swiss foundation rewards young entrepreneurs

This content was published on Jun 23, 2002 At a ceremony in Solothurn, three innovators keen to turn their prototypes into reality were each handed a cheque for SFr100,000 by the W A De Vigier Foundation. The foundation, set up by and named in honour of a Swiss businessman who made his fortune in London, rewards entrepreneurs it believes have both an innovative…

Osec spreads its wings

This content was published on Jun 22, 2002 Over the past year, Osec – which receives almost two-thirds of its funding from the government – has changed its strategy, organisational structure and even its name in a bid to provide a full range of services to help Switzerland’s small- and medium-sized enterprises (SMEs) enter foreign markets. Osec, founded in 1927 as the country’s…

NZZ hit by slump in advertising

This content was published on Jun 22, 2002 In its Saturday edition the NZZ said it would have to cut costs, as the current situation on the advertising market was unlikely to change in the near future. They compared the sharp fall in advertising revenues with the general downturn following the oil crisis in the 70s. In the article the management explained that…

New Zurich investor scores “early-seed” technology deals in universities and labs

This content was published on Jun 21, 2002 ETeCH is a Swiss investment and development company based in Zurich. It was formed by Generics AG, the Swiss operating company of the international technology consulting firm, Generics Group AG, and Venture Partners AG, Zug, a Swiss-oriented venture capital investor. The company was established late last year and it describes its stage of investment participation…

Swiss franc lures global investors

This content was published on Jun 21, 2002 On Friday, the franc closed at SFr1.5204 against the US dollar, close to its two-and-a-half-year high. In February, a dollar cost around SFr1.70. “The Swiss franc is regarded as a major safe haven instrument and what we have seen, especially after September 11, is that a lot of risk-averse investors went into the Swiss franc…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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Nobel Biocare makes Swiss stock exchange debut

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Creditors wait for new information on Swissair collapse

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Medieval troupes take up gauntlet for Gruyères

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Swiss ETF Group spawns grid computing startup and raises €3mn

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Swiss clock on to selling watches in China

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Swiss foundation rewards young entrepreneurs

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Osec spreads its wings

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NZZ hit by slump in advertising

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New Zurich investor scores “early-seed” technology deals in universities and labs

More

Swiss franc lures global investors

Popular Stories

Most Discussed