Archive – Banking & Fintech

Head of Swiss-Canadian Alcan group resigns

This content was published on Jan 11, 2001 The group’s president, Jacques Bougie, announced on Thursday that he was stepping down with immediate effect from the group’s board in order to spend more time with his family. Bougie said “personal reasons” were behind his surprise decision. “There is never an opportune moment to take such a decision,” Bougie said in a statement. Bill…

ABB shifts focus from technology to customers

This content was published on Jan 11, 2001 The company also announced it was transforming its worldwide enterprise around customer groups, rather than technologies. The realignment was announced on Thursday by Jörgen Centerman, who took over as president and chief executive officer on January 1. An ABB statement said the aim was to boost growth by helping its customers become more successful in…

Construction of trans-alpine tunnel delayed in Italy

This content was published on Jan 11, 2001 The tunnel was scheduled to be finished by January 1, but is now not expected to be completed before June 10. Max Friedli, director of Switzerland’s Transport ministry, told the Swiss Broadcasting Corporation that he would send specialists to Italy to evaluate the situation. Italy’s railway company blamed bad weather last autumn for the delay.…

Oldest insole found in Zug

This content was published on Jan 11, 2001 The archaeology unit of Canton Zug said the insole was found last year during excavations of a Neolithic settlement in the town of Zug, adding that it took months to identify and date the object. Twenty-five centimetres long, the archaeologists said it was made for a leather shoe which today would be size 38 (US…

NGOs challenge neo-liberal policies at Davos

This content was published on Jan 11, 2001 The alternative conference is part of an international campaign, “The Public Eye on Davos”. It coincides with this year’s WEF meeting in Davos, which takes place from January 25 to 30. Organisers of the alternative events said 20 guests from all over the world would speak at the conference and point out the negative impact…

Tobacco firms accused of undermining Swiss health policy

This content was published on Jan 11, 2001 The report, published on Thursday, said the tobacco industry used underhand methods to resist efforts to tighten laws against smoking. It said tobacco firms exploited Swiss traditions of discretion and consensus politics – and lobbied hard to stymie new measures against smoking. “The tobacco companies have used a multiple array of methods to slow, distort…

Swiss exports booming on back of global upswing

This content was published on Jan 10, 2001 A government report on Wednesday said exports should continue to expand this year, albeit at a lower rate. Gross Domestic Product increased by 3.3 per cent in real terms, the highest rate for 10 years. Exports to Switzerland’s most important markets grew by eight per cent. However, there was a cautionary note to the report…

Final list of Holocaust accounts to be made public

This content was published on Jan 10, 2001 This third and final list of names is to be published on the Internet. A New York federal court will decide on January 19 how the list will be distributed as well as how claims should be handled. At stake is a share of the $800 million (SFr1.3 billion) available to the holders of these…

Government boosts farmers’ income

This content was published on Jan 10, 2001 The cabinet announced the move on Wednesday, along with other measures to support organic farming. It also said the price of milk would not be reduced despite falling costs in the dairy industry. The measures were welcomed by farmers’ associations. Swiss milk producers said the government had met its most important demands and that “any…

Swiss Re sees claims fall

This content was published on Jan 10, 2001 In a preliminary report released on Wednesday, the company said it had had to pay out SFr17.7billion ($11 billion) last year. That is significantly less than in 1999, which was a record year for claims and Swiss Re had to pay out almost SFr50 billion ($31 billion). The company said that 17,000 people lost their…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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Head of Swiss-Canadian Alcan group resigns

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ABB shifts focus from technology to customers

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Construction of trans-alpine tunnel delayed in Italy

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Oldest insole found in Zug

More

NGOs challenge neo-liberal policies at Davos

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Tobacco firms accused of undermining Swiss health policy

More

Swiss exports booming on back of global upswing

More

Final list of Holocaust accounts to be made public

More

Government boosts farmers’ income

More

Swiss Re sees claims fall

Popular Stories

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