Archive – Banking & Fintech

McDonalds forces Swiss firm to drop Mc from name

This content was published on Jul 17, 2000 The company had to change its name after McDonalds filed its complaint to the United States Tradename and Patent Office. The case is currently under appeal, but the Basel-based firm, which employs 45 people and provides up-market global health care for 1,000 Swiss and German executives, said it had been cowed into changing its name…

Gstaad was not a complete wash-out

This content was published on Jul 17, 2000 Spaniard Alex Corretja’s victory over Mariano Puerta of Argentina crowned a tournament during which weather more befitting of a week in November constantly drowned out play. Time and again organisers were forced to rearrange matches in an effort to keep the order-of-play on schedule. They tried everything; simply being patient, playing on extra courts, even…

Households bear burden of soaring health costs

This content was published on Jul 17, 2000 The study, which appeared in the statistical journal “The public health system in Switzerland”, analysed health expenditure for 1997. In that year, health costs reached a total of SFr38 billion, a rise of nearly three per cent compared to 1996. The figures suggest that the public is footing the bill for as much as 70…

Basel port sees sharp rise in river goods business

This content was published on Jul 17, 2000 The Basel docks handled an additional 750,000 tonnes of goods, according to the latest figures. A total of 4,267 million tonnes came through the port. The authorities say business is expected to increase further in the second half of the year, with more fuel products likely to be transported in the run-up to winter. Comparative…

WTO to resume talks on Chinese membership

This content was published on Jul 17, 2000 A three-day informal meeting of the working party negotiating China’s accession gets underway on Wednesday. Members will be holding intensive talks on Beijing’s draft protocol of accession laying out the membership terms. The talks will go into recess but are expected to resume after the summer break with the aim of ensuring that China becomes…

Georg Fischer posts 21 per cent rise in turnover

This content was published on Jul 17, 2000 The Schaffhausen-based company said its turnover in the first six months reached SFr1.8 billion. Earnings before interest and taxes rose by 34 per cent to SFr121 million. Profits also rose sharply. Fischer said its half-yearly profit was SFr70 million – nine per cent up on the same period of 1999. The company, which concentrates mainly…

The week ahead: A flurry of first half results

This content was published on Jul 17, 2000 However, this could lead to a more volatile situation because smaller trades tend to lead to larger fluctuations. On the corporate front, much attention will be fixed on Monday’s meeting of shareholders at the algroup which will decide whether to approve the merger with the Canadian aluminium company, Alcan. Also on Monday, first half results…

Campaign to raise Swiss public awareness of Africa rebirth

This content was published on Jul 17, 2000 Posters advertising the new website with photos of smiling Africans in brightly-coloured clothes were put up across the country on Monday. They carry slogans, such as: “Most Africans are committed to democracy” and “Most African countries live in peace”. “This campaign should turn the clichés on their heads, it should show that the world has…

UBS rules out further mega take-overs

This content was published on Jul 16, 2000 Ospel told the Sunday newspaper “Sonntagszeitung” that further big take-overs, such as the one just completed with PaineWebber would not happen in the near future. However, he did not categorically rule out the odd acquisition of smaller companies in certain financial services. Ospel explained that the take-over of PaineWebber had balanced out the Swiss bank’s…

Crossair boss plans recruitment drive to ease technical problems

This content was published on Jul 16, 2000 Crossair’s chief, Moritz Suter, told the Swiss newspaper SonntagsBlick: “We need these technicians as quickly as possible.” After a turbulent week for Crossair in which three of its planes ran into technical trouble in mid-air, Suter said: “I am very disappointed with the bad week we’ve just had in terms of technical problems.” However, Suter…

Archive – Banking & Fintech

Popular Stories

Most Discussed

Archive – Banking & Fintech

More

McDonalds forces Swiss firm to drop Mc from name

More

Gstaad was not a complete wash-out

More

Households bear burden of soaring health costs

More

Basel port sees sharp rise in river goods business

More

WTO to resume talks on Chinese membership

More

Georg Fischer posts 21 per cent rise in turnover

More

The week ahead: A flurry of first half results

More

Campaign to raise Swiss public awareness of Africa rebirth

More

UBS rules out further mega take-overs

More

Crossair boss plans recruitment drive to ease technical problems

Popular Stories

Most Discussed