Archive – Banking & Fintech

Airline executives hope to keep Qualiflyer alliance alive

This content was published on Feb 9, 2001 The announcement comes as SAirGroup faces tough decisions over its relationships with its partner airlines worldwide. Following a meeting in Zurich on Friday, executives from the Qualiflyer member airlines, said they “recognised the group’s value for their clients, as well as for the carriers themselves”. The group also announced that its members plan to “reinforce…

Business Outlook

This content was published on Feb 9, 2001 The life sciences giant, Novartis, is due on Thursday to release its results for 2000. Analysts are forecasting net profit of SFr6.9 billion ($4.1 billion). Novartis remains the subject of discussions about possible mergers and acquisitions. Its chief executive, Daniel Vasella, said recently that he wanted the company to be bigger. He said power in…

Boston bridge links engineering with art

This content was published on Feb 9, 2001 Designer Christian Menn conceived the bridge as a symbolic landmark linking Boston’s future with its historic past. His intention was that it should reflect, with its inverted Y-shaped towers, the shape of the Bunker Hill monument in nearby Charlestown. Scheduled for completion in 2004, it will be open to traffic before then as each stage…

The business week in Switzerland

This content was published on Feb 9, 2001 Sabena’s future still hangs in the balance after SAirGroup and the carrier’s other shareholder, the Belgian government, postponed a decision on a rescue plan for the ailing company. Sabena’s co-owners will meet again in two weeks to decide the carrier’s fate. Meanwhile, Sabena will continue to operate normally and talks between unions and management will…

Campaign seeks to stop use of St Bernards for meat in China

This content was published on Feb 9, 2001 Eleonore Moser, a Geneva-based animal rights campaigner, collected 11,000 signatures from St Bernard breeders and owners all over the world to raise awareness of the treatment of these quintessentially Swiss animals. Moser wants Bern to put pressure on the Chinese government to shed light on the practices in breeding centres that intensively rear St Bernards…

Lausanne firm pushes back boundaries of virtual architecture

This content was published on Feb 9, 2001 The award-winning company was formed in 1997 by two architects, Christophe Guignard and Patrick Keller, and a telecom engineer, Stéphane Carion. “Alternet Fabric is a confluence between architecture, art and technology. We try to use these difference approaches to the same object in our projects,” says Guignard. The architects, engineers, graphic designers and computer graphics…

Switzerland launches free trade talks with Singapore

This content was published on Feb 9, 2001 Couchepin and Singapore’s trade and industry minister, George Yeo, formally announced the beginning of “exploratory talks” at a meeting on Friday. Singapore is seeking an accord to boost exchanges with Europe and to reduce its dependence on the United States, which still takes most of its exports. The downturn in the US economy is likely…

Swiss bank loses role as Russian government adviser

This content was published on Feb 9, 2001 Russia’s Federal Property Fund appointed CSFB last year to advise on the sale of a six per cent stake in Lukoil. The sale would leave the government with a residual eight per cent stake in the company. But Dmitry Mazepin, the Fund’s deputy head, said the Russian government had decided to sack CSFB because it…

Slackening export growth for chemicals and pharmaceuticals

This content was published on Feb 9, 2001 The Swiss Society of Chemical Industries in Zurich said on Friday that exports last year had risen by 5.6 per cent to reach SFr35.9 billion (21.76 billion). In a statement, the Society said the slowdown meant that the share of the chemical and pharmaceutical industries in total Swiss exports had fallen to 26.4 per cent…

Mettler-Toledo’s profits rise by half

This content was published on Feb 9, 2001 Mettler-Toledo’s profits rise by half¶ The Mettler-Toledo company, a world leader in the production of precision instruments, boosted profits in 2000 to over $70 million (SFr115.7 million), a rise of 45.8 per cent. However, in a statement from its headquarters in Greifensee in canton Zurich, the company said turnover had risen only slightly, by 2.9…

Archive – Banking & Fintech

Popular Stories

Most Discussed

Archive – Banking & Fintech

More

Airline executives hope to keep Qualiflyer alliance alive

More

Business Outlook

More

Boston bridge links engineering with art

More

The business week in Switzerland

More

Campaign seeks to stop use of St Bernards for meat in China

More

Lausanne firm pushes back boundaries of virtual architecture

More

Switzerland launches free trade talks with Singapore

More

Swiss bank loses role as Russian government adviser

More

Slackening export growth for chemicals and pharmaceuticals

More

Mettler-Toledo’s profits rise by half

Popular Stories

Most Discussed