Archive – Banking & Fintech

Economic news keeps Swiss market alert

This content was published on Jun 3, 2000 Among the major stories: – Switzerland’s largest internet provider, Blue Window, continued to boom, with its customer base surging this year from 300,000 to 500,000.– Construction in the Swiss housing sector rose seven per cent over the first quarter of 2000. The Federal Statistics Office reported that these figures show that the construction sector is…

Swiss workers shine in global productivity survey

This content was published on Jun 2, 2000 The annual report, which looks at worker productivity, gives Switzerland 75 points, ten less than top ranking Singapore. Switzerland was found to be an excellent location for producing high precision products. However the report also found that Switzerland is too expensive in the medium and long term for less complex production. The institute compiles its…

Scenic cycling through Swiss history

This content was published on Jun 2, 2000 The 370-kilometre route is one of nine national cycling trails that run for more than 3,000 kilometresb across the length and breadth of the country. Because it’s such an important thoroughfare, decisive battles have been fought along its length and it is certainly no coincidence that the founding myths of the Swiss Confederation were born…

Crossair given safety all-clear

This content was published on Jun 2, 2000 Crossair hit the headlines in January after a plane crashed minutes after taking off from Zurich airport killing all ten people on board. The two independent auditors, charged with investigating the airline after the disaster, concluded Crossair could not keep up with a strong growth in demand. Organisational difficulties and limited resources exacerbated the group’s…

Crossair pilots reach deal with management

This content was published on Jun 2, 2000 Majority owned by the SAir Group, Crossair and the pilots trade union have agreed to extend their current contract until the end of August. From July, co-pilots will get a pay increase of five per cent, while captains will get a pay rise of up to 18 per cent. The pilots union agreed to negotiate…

Aid agencies step up pressure ahead of poverty summit

This content was published on Jun 1, 2000 Five years after the UN social summit in Copenhagen, member governments are to meet in Geneva later this month to consider how close they have come to meeting that summit’s goals of reducing poverty and increasing employment and social equality. The statistics are not encouraging. Even the most vociferous advocates of free trade and open…

Swiss tourist industry woos grey market

This content was published on Jun 1, 2000 The international symposium was organised by the International School for Tourism in Zurich and concentrated on the theme “50 plus – the Power Generation”. The over 50s account for 29 per cent of the Swiss population and the trend towards an older population is set to continue as more of the country’s baby boomers move…

Algroup and Alcan announce new merger plans

This content was published on Jun 1, 2000 The two aluminium companies have been in negotiations since efforts to form a three-way merger with France’s Pechiney fell foul of the European Commission’s competition authority in April. With the support of the Swiss financier Martin Ebner’s BZ Group, which has a 34 per cent stake in Algroup, Alcan Aluminium has now announced an agreed…

Zurich researchers solve picture piracy problem on the Internet

This content was published on Jun 1, 2000 “Our market analysis has shown that 40 to 50 per cent of all material that is offered on the commercial market is in many cases misused and to some extent stolen,” says Alexander Herrigel, the director of Digital Copyright Technologies, a company launched to build on the research conducted by the Federal Institutes of Technology…

Credit Suisse steps up investment in Internet

This content was published on Jun 1, 2000 CS Group chairman Lukas Mühlemann told the Swiss economics magazine Bilan, that he was not talking about an Internet strategy ‘per se’. “However, it is an invaluable tool which we have integrated into all our areas of business. It allows us to reduce the costs of transactions on the market, and to better communicate and…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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Economic news keeps Swiss market alert

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Swiss workers shine in global productivity survey

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Scenic cycling through Swiss history

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Crossair given safety all-clear

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Crossair pilots reach deal with management

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Aid agencies step up pressure ahead of poverty summit

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Swiss tourist industry woos grey market

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Algroup and Alcan announce new merger plans

More

Zurich researchers solve picture piracy problem on the Internet

More

Credit Suisse steps up investment in Internet

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