Archive – Banking & Fintech

EMS Chemie bids half a billion francs for Axantis

This content was published on Dec 4, 2000 The bid, which offers shareholders SFr330 ($190.75) per share, beats an existing SFr310 per share offer by Model Gruppe. At a news conference in Zurich, the head of EMS-Chemie, the billionaire right-wing politician and businessman, Christoph Blocher, said the takeover move represented a welcome expansion of his firm’s products. EMS paved the way for its…

Switzerland to push for global ban on dangerous chemicals

This content was published on Dec 4, 2000 The meeting, which ends on Friday, brings together 120 countries with the aim of approving a global agreement on the reduction and eventual elimination of Persistent Organic Pollutants (POPs). These are blamed for causing fatalities, birth defects and serious diseases, and are used in an array of industrial and farming activities, from paint additives to…

Novartis buys BASF’s generic drugs business

This content was published on Dec 4, 2000 Novartis Generics announced on Monday that the acquisition includes companies in six European countries and, subject to regulatory approvals, will be effective from January 2001. Oswald Sellemond, Head of Novartis Generics, said: “This acquisition will give us rapid entry into new markets in addition to enhancing our presence in areas that are attractive for the…

Sports leaders assess growing impact of Internet

This content was published on Dec 4, 2000 The International Olympic Committee, which organised the meeting, said the 600 people taking part in the conference would “discuss their vision for the future of the business of sport and how you can take advantage of the new media revolution”. Officials will also be debating the impact of increasingly popular online sports sites. A Swiss…

Sulzer takes lead in fuel cell technology

This content was published on Dec 4, 2000 Roland Diethelm, head of the Sulzer Hexis division, told the German language Swiss newspaper, the Tages-Anzeiger, that the group plans to have an initial production series up and running by 2003. He added that mass production was scheduled to start in 2004. One project highlighted in the report centres on household energy. Diethelm said Sulzer’s…

IOC told to separate web and TV rights

This content was published on Dec 4, 2000 At the beginning of a two-day conference in Lausanne, web executives on Monday criticized the IOC for restricting video rights to broadcasters, rather than allowing wider Internet distribution. Organised by the IOC, the meeting brings together 600 people from the worlds of international business, sport and the Internet, with a view to assessing how the…

Investigators to disclose more details on fatal air crash

This content was published on Dec 4, 2000 Officials investigating the accident are scheduled to hold a news conference in Halifax, at which they will publish a series of fire safety recommendations, according to press reports. The cause of the crash of the Swissair MD-11 close to Halifax has never been established. Canadian investigators have been painstakingly piecing together and examining the wreckage…

The home of the future

This content was published on Dec 3, 2000 Imagine having an oven that downloads recipes, a refrigerator that orders your food, a guest book that posts your photo on the Internet. The Steiner family- Ursi, Daniel, and their two children, Carlo and Grace – is getting a taste of high-tech life, after moving into the “Haus der Zukunft” in sleepy Hünenberg, just outside…

Expo 2000 causes financial worries at Expo.02

This content was published on Dec 3, 2000 Banks have become more reluctant to agree to loans with the steering committee while the lack of sponsor interest has resulted in the need for more capital. The management is currently negotiating a loan of SFr140 million, but the steering committee has admitted that they actually need SFr200 million. One Swiss Sunday newspaper suggested the…

New census draws criticism over cost

This content was published on Dec 3, 2000 Most Swiss residents are likely to find that their census forms have already been partly filled out by the federal statistics office, with information supplied by local authorities. But Werner Haug, who is organising the census, says the information is not complete and that the office is working on improving the situation. “We are investing…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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EMS Chemie bids half a billion francs for Axantis

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Switzerland to push for global ban on dangerous chemicals

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Novartis buys BASF’s generic drugs business

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Sports leaders assess growing impact of Internet

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Sulzer takes lead in fuel cell technology

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IOC told to separate web and TV rights

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Investigators to disclose more details on fatal air crash

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The home of the future

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Expo 2000 causes financial worries at Expo.02

More

New census draws criticism over cost

Popular Stories

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