Archive – Banking & Fintech

A matter of taste

This content was published on Mar 2, 2001 Switzerland’s first-ever Semaine du Goût, or Taste Week, is an opportunity to revive interest in traditional local dishes and also to experiment with more exotic flavours. “We have lost many traditional recipes. This is a battle against the standardisation of our food,” says parliamentarian Joseph Zisyadis, one of the organisers of the week, which runs…

Leuenberger opens Geneva motor show with call to cut pollution

This content was published on Mar 1, 2001 In his address on Thursday, Leuenberger – who is also transport and environment minister – said the technology was available for a much cleaner hybrid vehicle, which runs on fuel cells, to be introduced on to the market. He added that it was up to the automobile industry to push ahead with the vehicles because…

Swiss stocks end at year-low

This content was published on Mar 1, 2001 Receding prospects for a quick cut in US interest rates continued to depress Swiss stocks through the session. Early losses on the New York Stock Exchange also encouraged the negative tone seen across European bourses. The US Federal Reserve Chairman Alan Greenspan’s comments on Wednesday suggested to markets that the central bank would probably wait…

Piccard-Jones trophy launched in Chateau-d’Oex

This content was published on Mar 1, 2001 The Piccard-Jones trophy will involve more traditional balloons than the space-age style craft that carried the Swiss psychologist and his British co-pilot from their Chateau-d’Oex take-off point and into the record books, and the eventual winners are not expected to fly for more than a day. But the rules of the new competition have been…

Swiss Tilsit cheese returns to its roots

This content was published on Mar 1, 2001 The hard cheese, which is one of Switzerland’s top 10 brands along with Swatch and Rivella, is being marketed to Russians in Moscow and St Petersburg. But unlike in Switzerland, where Tilsit is an everyday affordable cheese, in Russia it is a veritable luxury. Lukas Eichenseher, the man who imports Tilsit to Russia, told swissinfo…

Watch exports continue to clock up growth

This content was published on Mar 1, 2001 There had been fears that the watch industry would be hit by the economic slowdown in the United States, but those fears have so far proved unfounded. Exports to the US grew by 28.5 per cent to SFr129 million, while those to Hong Kong were up 26.3 per cent to SFr116 million. Some sectors showed…

Markets disappointed with Synthes-Stratec numbers

This content was published on Mar 1, 2001 Synthes-Stratec reported a 32 per cent increase in operating earnings on Thursday on sales growth of 26 per cent. The company said sales stood at SFr1.33 billion ($797 million) compared to SFr1.05 billion in 1999. Net profit before extraordinary costs rose by 38 per cent to SFr298.3 million which was slightly below analysts’ expectations. But…

Geneva hosts first exhibition on gateway to Rome

This content was published on Mar 1, 2001 Ostia, which sits at the mouth of the Tiber (it’s name means mouth of a river), was the lifeline for the million-strong population of Rome. Through its busy harbours came grain from North Africa, marble for buildings, exotic animals for the Colosseum, and new ideas and religions. “Ostia was the gateway to the most important…

Roche profits take a leap but drugs sales remain weak

This content was published on Mar 1, 2001 Among those deals was the sale of the company’s stake in US biotech firm, Genentech, which earned the group a hefty profit of SFr2.5 billion. Net profit on an adjusted basis from continuing businesses rose 14 per cent to SFr5.01 billion. This was in line with analysts’ expectations. Extraordinary income helped to mask a rather…

Swiss moot new fiscal measures to defuse EU pressure over tax evasion

This content was published on Feb 28, 2001 Experts have proposed a new tax on the interest accrued on foreign assets held in Swiss bank accounts. This would mean that any EU national holding an account in Switzerland would have to pay tax on the interest generated by their assets. The money generated by this new tax would be kept in a Swiss…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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A matter of taste

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Leuenberger opens Geneva motor show with call to cut pollution

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Swiss stocks end at year-low

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Piccard-Jones trophy launched in Chateau-d’Oex

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Swiss Tilsit cheese returns to its roots

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Watch exports continue to clock up growth

More

Markets disappointed with Synthes-Stratec numbers

More

Geneva hosts first exhibition on gateway to Rome

More

Roche profits take a leap but drugs sales remain weak

More

Swiss moot new fiscal measures to defuse EU pressure over tax evasion

Popular Stories

Most Discussed