Archive – Banking & Fintech

The fine art of making fondue

This content was published on Mar 30, 2002 French-speaking farmers first ate cheese fondue in the 1930s, after developing a tasty and thrifty way of eating stale bread and mature cheese. These days, it is an après-ski staple: hungry snowboarders and skiers dip pieces of bread stuck on the end of a long fork into a pot of melted cheese. Fondue is a…

Echostar takeover promises bonanza for Kudelski

This content was published on Mar 30, 2002 If the merger of the United States-based satellite operators comes off, Kudelski predicts that demand for its digital technology software will rocket. In an exclusive interview with swissinfo, CEO André Kudelski, said his firm’s net profit was likely to jump by as much as 50 per cent. “Today Echostar is our first client worldwide, but…

Ticino fury at minister’s comments

This content was published on Mar 29, 2002 In an interview with the Swiss news magazine “Facts”, Leuenberger voiced his concern about the traffic situation over the Easter holidays. “Those heading south over Easter should know exactly what they let themselves in for. Those who are still going might learn from their mistake,” he said in the interview. Ticino hoteliers have hit back…

Antarctic travellers take to the water

This content was published on Mar 29, 2002 One of the main sponsors of the project is Ernesto Bertarelli, chief executive of the Swiss biotechnology company, Serono. swissinfo reporter Vincent Landon, travelled to Antarctica to witness the clean-up. In the second part of his Antarctic diary, he boards the expedition’s yacht. Part Two: Learning the ropes Mission Antarctica’s yacht, 2041, is about 23…

Organic farmers optimistic about growing market

This content was published on Mar 29, 2002 New figures from the Association of Organic Farmers show the number of farms converting to organic agriculture grew by six per cent in the year to March. Some 6,169 farms are now totally organic, and the market accounts for about 2.5 per cent of the entire food market in Switzerland. The price premium farmers can…

Jean Frey finds new owners

This content was published on Mar 28, 2002 The swissfirst investment group said the placement of the shares had been concluded successfully just before the Easter holidays. Tettamanti gave two reasons for his interest in the publishing house. “I am a businessman but I’m also a politically interested citizen,” he said. The Ticino businessman held a seat with the Christian Democratic Party in…

myQube to raise SFr20 million for startups

This content was published on Mar 28, 2002 Two of its four Geneva-based startups are ready for first round venture financing, myQube told Swiss Venture Update. The news is significant for two reasons. First, the size of the rounds, at SFr10 million each will put them in the same league as the Java specialist software firm, Esmertec, and the process management software firm,…

Swiss get good news about economy

This content was published on Mar 28, 2002 The Swiss Institute for Business Cycle Research (KOF) reported that its monthly business barometer for February stood at -0.80, up from a revised -0.89 in January. The KOF’s leading indicator is considered a barometer of the economy and it signals turning points in GDP growth six to nine months ahead. “We see a trend change…

Partners Group acquires Swiss hedge funds boutique

This content was published on Mar 28, 2002 Partners Group wants to do for hedge fund investment what it has done for private equity, which is to make it less risky, the company says. The acquisition of saisGroup enables Partners to add a range of hedge fund products to its portfolio. saisGroup was founded by three partners who left Credit Suisse Asset Management…

Final curtain for Swissair

This content was published on Mar 27, 2002 More than 4,000 Swissair employees gathered at Kloten airport to mark the end of Swissair’s 71-year-long history when the last flight to Cape Town left the tarmac on Wednesday night. The South African city was also Swissair’s very first destination as a national carrier. The airline, founded in 1931, has since transported more than 260…

Archive – Banking & Fintech

Popular Stories

Most Discussed

Sign in and personalize Swissinfo