Archive – Banking & Fintech

Swiss hotels see business improve for third year running

This content was published on Jan 31, 2000 The Swiss hotel trade is continuing its recovery, after several lean years. Overnight stays rose by nearly one per cent last year, but the improvement was down to more Swiss people holidaying in their own country. A total of 32 million overnight stays were recorded last year, according to the federal office for statistics. The…

New Migros chief outlines his vision

This content was published on Jan 30, 2000 The incoming chief of Switzerland’s largest supermarket chain, Migros, has been outlining his vision of the company’s future. Claude Hauser said the way was clear for Migros to resume strong growth, provided it capitalised on its strengths and promoted itself better. Hauser is keen to play up the company’s strengths, reminding people that it was…

UBS head rules out involvement in further mergers

This content was published on Jan 30, 2000 The chief executive of Switzerland’s largest bank, UBS, Marcel Ospel, is convinced that more mergers in the banking world are imminent. But he rejected speculation that UBS might be involved. “I believe there is a further need for consolidation”, Ospel said in an interview with the SonntagsZeitung. But he added that a merger involving UBS…

Union leader welcomes shift in attitudes towards globalisation

This content was published on Jan 30, 2000 A top trade union leader has welcomed what he sees as a shift in attitudes on the globalisation issue at the World Economic Forum summit. But the general secretary of the Geneva-based Union Network International, Philip Jennings, said world leaders needed to recognise that the free market was increasing poverty and suffering. Jennings’ comments came…

Swiss border traffic with France to be hit by strike

This content was published on Jan 30, 2000 Strike action by French lorry drivers is likely to cause havoc on the Swiss border as it did during a similar protest three weeks ago (picture). Geneva and Basel are likely to be hardest hit. The strike, which is expected to last two days, is part of an ongoing dispute between drivers and employers over…

Switzerland and US sign trade deal

This content was published on Jan 29, 2000 Switzerland and the United States have set up a joint economic commission to boost trade links between the two countries. The agreement is being described as a new beginning in relations between Washington and Berne, which have suffered over disagreements relating to Swiss banks’ links with the Nazi regime. The deal, agreed on the periphery…

Cheese becomes first Swiss product to win AOC approval

This content was published on Jan 29, 2000 A type of cheese called Etivaz has become the first Swiss product to win approval for an AOC classification. The ruling is a prestigious endorsement of quality, and protects the brand by placing strict limits on how and where the cheese can be produced. AOC classifications are most commonly associated with French wines. By winning…

Davos debates future of free trade

This content was published on Jan 28, 2000 Delegates at the World Economic Forum’s annual meeting in Davos have been discussing the future of free trade, following the breakdown of talks at last year’s World Trade Organisation summit in Seattle. The WEF meeting is the biggest gathering of political and business leaders since the Seattle summit, which was overshadowed by violent anti-WTO demonstrations.…

European transport ministers take measures to cut congestion

This content was published on Jan 28, 2000 European transport ministers have taken measures to reduce delays due to congestion in Europe’s air space. The measures were agreed on at a meeting chaired by the Swiss transport minister, Moritz Leuenberger, in Brussels. The ministers from the 38-member European Civil Aviation Conference, ECAC, agreed to alter the new air corridors introduced in February, which…

NGOs to step up monitoring of World Economic Forum

This content was published on Jan 28, 2000 Non-governmental organisations in Switzerland have launched a new project designed to keep a watchfull eye on global economic issues. The new idea was made public at the World Economic Forum’s annual meeting in Davos. Organisations such as the Berne Declaration, Pro Natura and others launched the project “The Public Eye on Davos” at a news…

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Archive – Banking & Fintech

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Swiss hotels see business improve for third year running

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New Migros chief outlines his vision

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UBS head rules out involvement in further mergers

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Union leader welcomes shift in attitudes towards globalisation

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Swiss border traffic with France to be hit by strike

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Switzerland and US sign trade deal

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Cheese becomes first Swiss product to win AOC approval

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Davos debates future of free trade

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European transport ministers take measures to cut congestion

More

NGOs to step up monitoring of World Economic Forum

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