Archive – Banking & Fintech

The company that puts the fun into the fair

This content was published on Aug 27, 2000 Intamin is a leader in its field in the design and manufacture of some of the biggest and most thrilling attractions at amusement parks across the world. It was founded back in 1967 in response to increasing demand for high quality rides, such as observation towers for theme parks in the United States. Its latest…

Two Swiss believed aboard crashed Costa Rican plane

This content was published on Aug 27, 2000 The nationalities of the passengers have not been released, but local police and the Red Cross said it appeared that two Swiss women were among those aboard. Red Cross rescue workers surveying the scene said it appeared at least four people had survived the crash, which occurred near the Arenal volcano, in the north of…

The business week in review

This content was published on Aug 26, 2000 The positive forecast for the economy came in a survey by Swiss Institute for Business Cycle Research (KOF). The Zurich-based body said the economy had continued to expand strongly in the second quarter of the year, with exports doing particularly well. However, it suggested that while prospects were good, demand might be falling. The forecast…

US firm drills for gas in Switzerland

This content was published on Aug 26, 2000 The consortium between Forest Oil International of Houston, Texas, and Switzerland’s SEAG, is confident that the project in the village of Weiach on the German border has a strong commercial future. Forest Oil has begun an exploratory drilling operation at the site, which is thought to contain natural gas deposits at a depth of 1,300…

Deadline passes for joining Holocaust settlement

This content was published on Aug 25, 2000 Swiss companies and banks had until Friday to join up. Those that did, will be protected from any future legal action but will, in turn, be obliged to publish bank records and provide United States court officials with historical information needed to process claims. The 1998 settlement between Swiss banking giants, UBS and Credit Suisse,…

Out & About in Switzerland: Murten gets breath of fresh air

This content was published on Aug 25, 2000 About 25 kilometres of roads will be given over to hikers, cyclists, inline skaters and kickboarders. The car-free stretch of road begins at the medieval town of Murten and circles the lake, passing below the vineyards on Mont Vully and on to the village of Avenches, with its remains of the Roman town, Aventicum. Around…

Zurich professor honoured with top science prize

This content was published on Aug 25, 2000 Seebach has been honoured with the Marcel Benoist Prize for his work on the synthesis of organic substances. Born in 1937 in Karlsruhe, Germany, Seebach spent most of his early career in his homeland. He also spent some time in the laboratory of Harvard Nobel prize-winner E.J. Corey. Seebach’s association with the Federal Institute of…

Swisscom dismantles hierarchy in bid to become more flexible

This content was published on Aug 25, 2000 A statement on Friday said the executive board, which currently manages the entire company, would be replaced by largely autonomous management structures in the operational units, leaving the board free to concentrate on financial and strategic matters. It added that the restructuring would allow for clear allocation of responsibility for results, and would allow the…

Mitsubishi moots joint venture with UBS

This content was published on Aug 25, 2000 A Mitsubishi spokesman on Friday said the two firms were considering establishing an investment advisory firm in November. He added that the firm aimed to raise about 100 billion yen ($954 million) in funds to invest in commercial real estate such as shopping centres. Mitsubishi would take a 51 per cent stake in the venture,…

National bank boss rules out interest rate rise

This content was published on Aug 25, 2000 In an interview with Zurich’s Tages Anzeiger newspaper, Meyer said he saw no economic reason to lead a more restrictive monetary policy. “The economic situation in Switzerland is excellent… We have an adequate, durable growth with price stability and full employment,” he said. He added that inflation this year would probably be higher than the…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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The company that puts the fun into the fair

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Two Swiss believed aboard crashed Costa Rican plane

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The business week in review

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US firm drills for gas in Switzerland

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Deadline passes for joining Holocaust settlement

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Out & About in Switzerland: Murten gets breath of fresh air

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Zurich professor honoured with top science prize

More

Swisscom dismantles hierarchy in bid to become more flexible

More

Mitsubishi moots joint venture with UBS

More

National bank boss rules out interest rate rise

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