Archive – Banking & Fintech

Business angels to answer startups’ prayers in 2002

This content was published on Feb 26, 2002 The €30 million (SFr44.3 million) figure is an estimate of the amount to be invested in the coming year and is based on the results of a survey announced on Tuesday of 120 well-known business angels (30 percent response rate) by Brains-to-Venture, a professional services firm, specialised on supporting the business angel activity and the…

Terror attacks take toll on Swiss Re bottom line

This content was published on Feb 26, 2002 The company said it had seen record losses last year because of the attacks on the World Trade Center, natural disasters and the collapse of the Enron corporation. It added that the bottom line had also been hammered by a shortage of new capital entering the market However, Swiss Re said strong renewals of property,…

Mobility drives Geneva car show

This content was published on Feb 26, 2002 “Crossroads of Mobility” is the theme of this year’s show – the 72nd edition – and is expected to attract around 700,000 visitors to Geneva’s exhibition centre, Palexpo. Usually, nearly half of the visitors come from abroad to attend the show. Some 250 exhibitors will present about 900 makes of cars. The show is divided…

Cabin crew union saves “swiss” salaries

This content was published on Feb 26, 2002 Kapers, the cabin crew union of Switzerland’s new airline, swiss, and Crossair finally agreed on a contract after marathon talks that lasted five days and four nights. The union had been fighting for months to safeguard salaries after the financial ruin of Swissair last October. Kapers said the accord was a “historic milestone” in the…

Dairy farmer puts down new roots

This content was published on Feb 25, 2002 Dairy farmer, Walter Schindler, is anticipating a bumper crop this autumn, seven years after he first began growing the plant on his farm near Burgdorf in canton Bern. Trial and error have led to marked improvements in production since he and his family harvested the first crop of American ginseng in Autumn 2000. “We made…

Hüppi to give up Zurich Financial CEO post

This content was published on Feb 25, 2002 However, Hüppi, who announced a series of profit warnings last year, is to stay on as chairman of the board of directors. A statement from the company’s headquarters in Zurich said a successor to Hüppi as CEO would be announced “at the appropriate time”. Hüppi joined the Zurich group in 1963. He became CEO in…

Basel fair aims to nurture Swiss invention

This content was published on Feb 25, 2002 Visitors will see bookcases whose shelves are held in place magnetically, and revolutionary advances that use a rotary magnetic field to hold screws in place. New designs and products offer one feature of the show. The other is a programme of discussions and lectures given by established and budding entrepreneurs. The Innovation Schweiz exhibition opened…

Kunststuben called “Best Restaurant in Europe”

This content was published on Feb 25, 2002 Zagat, the foremost food guide in the United States, gave Kunststuben a stunning 28 out of 30 points, and pronounced it the Best in Europe. He may be a German chef, making French cuisine in a Swiss restaurant, but Petermann has won numerous awards for his Kunststuben restaurant. Guests gladly make the 15-minute pilgrimage from…

Swiss consider under-18 cigarette ban

This content was published on Feb 24, 2002 Thomas Zeltner, the Office’s director, confirmed on Sunday that his staff is studying limiting the minimum buying age to 16 or 18. The ban would be part of the 2001-2005 tobacco prevention programme. A project is expected to be submitted for consultation next year, according to Zeltner. The main obstacle to implementing such a plan…

Time to join the world?

This content was published on Feb 24, 2002 “In Switzerland, our view of the UN tends to be limited to the Security Council and its activities. But there is much more to the UN. It embraces the whole planet, with 189 member countries, and is concerned with all the problems facing the world: not only peace and security but also issues such as…

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Archive – Banking & Fintech

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Business angels to answer startups’ prayers in 2002

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Terror attacks take toll on Swiss Re bottom line

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Mobility drives Geneva car show

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Cabin crew union saves “swiss” salaries

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Dairy farmer puts down new roots

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Hüppi to give up Zurich Financial CEO post

More

Basel fair aims to nurture Swiss invention

More

Kunststuben called “Best Restaurant in Europe”

More

Swiss consider under-18 cigarette ban

More

Time to join the world?

Popular Stories

Most Discussed