Archive – Banking & Fintech

Post Office takes lead in job creation

This content was published on Aug 29, 2000 The fourth survey of job-creating companies by the business publication, Bilanz, shows the American fast food chain, McDonalds, knocked off the top spot for the first time. It fell to fifth position after taking on just over 500 people in the same time period. The booming telecommunications sector took second and third position. Diax added…

Von Roll sees profits fall despite improved sales

This content was published on Aug 29, 2000 Net profit came in at SFr1 million ($580,000) compared to SFr4 million for the same period last year. Sales grew by nine per cent to SFr870 million. New orders were slightly up at SFr923 million. The company said one-off financial charges and a higher tax burden brought down net profit. It attributed the improved sales…

Threat from gene technology tops agenda at organic farming meeting

This content was published on Aug 29, 2000 The gathering, which kicked off on Monday in Basel, is the world’s largest of its kind to date, with over 500 scientists and experts attending. Experts, farmers’ representatives and consumer organisations are holding four days of talks at the 13th Scientific Conference of the International Federation of Organic Agriculture Movements (IFOAM). The meeting, sponsored by…

Dairy farmers warned to cut costs

This content was published on Aug 29, 2000 That’s the conclusion of a study by the Federal Institute of the Rural Economy, released on Tuesday. It warned that Swiss dairy producers would need to cut their prices by around 25 to 30 centimes per kilogramme of milk over the next 10 years, if they are to compete with European Union producers. The study,…

Clariant reports stable figures

This content was published on Aug 29, 2000 First-half net profit edged up to SFr281 million ($164 million) from SFr277 million for the same period last year. The Basel-based company says profit margins have been hit by the cost of its takeover of the British chemical company, BTP. However, it said it expected an improved situation for the second half of the year.…

Swisscom’s operating profit tumbles

This content was published on Aug 29, 2000 The figure of SFr1.1 billion is down a third on the corresponding numbers for the previous year. Sales, however, were up by 33.4 per cent due to the full consolidation of the German mobile operator, debitel. Net profit almost doubled to SFr2.4 billion on asset gains made through the sale of Swisscom’s one-third stake in…

Bluewin to offer on-line shopping access

This content was published on Aug 29, 2000 Primus Online’s shopping network will become available in the autumn through the address www.bluewin.ch. Primus Online has already set up a similar venture with an Austrian internet provider to establish itself as one of the leading e-commerce companies in the German-speaking world. Bluewin, owned by Switzerland’s largest telecommunications operator, Swisscom, will hold 51 per cent…

Out & About in Switzerland: Crans Montana is for early birds

This content was published on Aug 28, 2000 People willing to get up at the crack of dawn can join an outing, which the tourist office calls: “A morning on the alpine pasture of Colombire”. It all starts on the Alp at six o’clock when participants, weather permitting, will be rewarded with a view of the sunrise over some of the majestic 4,000-metre…

Nestlé pays SFr25 million to join Holocaust settlement

This content was published on Aug 28, 2000 Nestlé said it was contributing to the settlement because some of the companies, which it owns, had used slave labour during the Second World War. In a statement, the company said: “…some corporations of the Nestlé group that were active in countries controlled by the [Nazi] regime employed forced labourers.” It added that its participation…

Out & About in Switzerland: Steaming over the Brünig pass

This content was published on Aug 28, 2000 The round trip starts in Interlaken in the Bernese Oberland and chugs along to Brienz and Meiringen before climbing over the Brünig to Giswil in canton Obwalden. The Ballenberg Steam Railway was founded 15 years ago to keep on track two steam engines destined for the Ballenberg Open Air Museum. Both were built by the…

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Archive – Banking & Fintech

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Post Office takes lead in job creation

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Von Roll sees profits fall despite improved sales

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Threat from gene technology tops agenda at organic farming meeting

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Dairy farmers warned to cut costs

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Clariant reports stable figures

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Swisscom’s operating profit tumbles

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Bluewin to offer on-line shopping access

More

Out & About in Switzerland: Crans Montana is for early birds

More

Nestlé pays SFr25 million to join Holocaust settlement

More

Out & About in Switzerland: Steaming over the Brünig pass

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