Archive – Banking & Fintech

US judge to rule on distribution plan for Holocaust survivors

This content was published on Nov 20, 2000 US district judge, Edward Korman, is considering a proposed distribution plan drawn up by a court-appointed mediator, Judah Gribetz. Holders of dormant Holocaust era accounts in Swiss banks stand to benefit most. Gribetz’s plan has earmarked $800 million for claimants who can prove that their families deposited money in Swiss banks during the Nazi era,…

Companies offer more apprenticeships, but divisions remain

This content was published on Nov 19, 2000 But divisions remain between the kind of opportunities available to different social groups. The economics ministry said it expected 74,500 apprenticeship contracts to be concluded by the end of the year, a rise of three per cent compared to last year. It said the main increase was in industry, the retail trade and the health…

The outlook for the week

This content was published on Nov 19, 2000 Disetronic, founded in 1984, is a leading manufacturer of insulin pump products and other disposable medical goods. The Burgdorf-based company has consistently posted net profit and sales increases of 25 to 30 per cent and analysts expect the same kind of numbers when first half figures are released on Tuesday. The stock is expensive but…

The Week in Review

This content was published on Nov 18, 2000 It was to have brought billions into the government’s coffers but the decision to postpone came on Monday, shortly before the auction was due to begin on the Internet. The reason for the move was a merger agreement late on Sunday between two of the companies involved, Sunrise and diAx. That would have left only…

“McHotels” to open in Switzerland next year

This content was published on Nov 18, 2000 The corporation said it is aiming to create four-star accommodation, with rooms for about SFr178 per night. It plans to cater to business professionals during the week and families and young adults on weekends. The first of the hotels is slated to open in the spring near Zurich airport. It is designed to have 211…

Crossair to hire male cabin attendants

This content was published on Nov 17, 2000 Crossair, which belongs to the SAirGroup, is planning to hire between 40 and 80 men to add to its existing crew of 1,300 female cabin attendants. The airline decided to hire the men because it was experiencing difficulties in recruiting women. The male attendants will serve aboard flights on which their female counterparts often experience…

Art world comes to Zurich

This content was published on Nov 17, 2000 About 80 mostly European galleries will be showing original works for four days from November 24. Editors of original prints and limited editions and of art books will also be among the exhibitors. The selected galleries were chosen for their high-quality collections and for their reputation as supporters of up-and-coming artists. The fair is being…

The men behind the maps

This content was published on Nov 17, 2000 Martin Gurtner revs up the engine and tries to take his jeep up a steep muddy track through a forest near Bern. He’s a topographer – one of the frontline warriors at the Federal Office of Topography. “It could mean walking 12 hours in the mountains where there aren’t any roads. It could mean 10…

GMO foods make organic food quality guarantees costly

This content was published on Nov 17, 2000 The threat of contamination by genetically modified organisms (GMO) has long worried consumers. In a project commissioned by the Swiss government, the Research Institute of Organic Agriculture has now found that it is indeed impossible to protect organic food from contamination – unless the two are separated not only during cultivation, but also during food…

SAir group shares take off amid sale rumours

This content was published on Nov 16, 2000 SAir has refused to comment on the reports which appeared in Thursday’s tabloid “Blick” newspaper. However, the group’s share price rocketed, at one stage rising by 11 per cent over Wednesday’s closing price. The share price closed 9.5 per cent up at the end of Thursday’s trading. “Blick” reported that an increasing number of SAir…

Archive – Banking & Fintech

Popular Stories

Most Discussed

Archive – Banking & Fintech

More

US judge to rule on distribution plan for Holocaust survivors

More

Companies offer more apprenticeships, but divisions remain

More

The outlook for the week

More

The Week in Review

More

“McHotels” to open in Switzerland next year

More

Crossair to hire male cabin attendants

More

Art world comes to Zurich

More

The men behind the maps

More

GMO foods make organic food quality guarantees costly

More

SAir group shares take off amid sale rumours

Popular Stories

Most Discussed