Archive – Banking & Fintech

Davos agenda extends beyond business and politics

This content was published on Jan 26, 2000 Much of the debate in Davos will concentrate on business, but plenty of other issues will come under the spotlight. The first day will see presentations on key economic and geo-political issues before the summit’s formal opening in the evening. The first sessions will focus on outlining some of the main themes. Much attention will…

New technology brings advice and help to delegates at Davos

This content was published on Jan 26, 2000 Participants at this year’s annual meeting of the World Economic Forum in Davos (January 27 – February 1) have a novel means of finding their way around in the Swiss Alpine resort. A new generation of mobile phones available for hire will provide them with a “location finder” as well as news, weather forecasts and…

Working groups to look into how to spend gold reserves

This content was published on Jan 26, 2000 The government has set up three working groups to look into proposals for using 1,300 tonnes of excess gold held by Swiss National Bank. The groups will discuss ideas put forward by the cabinet itself and the cantons, and report back to the government by the end of April. Last week, the government said it…

Ascom revenues fail to keep pace with profits

This content was published on Jan 26, 2000 The telecommunications group, Ascom, says its revenues increased by ten per cent last year to SFr3 billion. Incoming orders were up seven per cent to SFr2.96 billion. Ascom has already revealed that net profit in the first half of 1999 jumped by 95 per cent to SFr39 million. First-half sales had been up seven per…

Herbal remedy takes root in US

This content was published on Jan 26, 2000 A little-known Swiss company is having success with the production of a herbal remedy based on a traditional Tibetan medicinal formula. Padma has been on the market in Europe for years, but has now been given the go-ahead to sell its main product in the United States. Padma’s US representative, Martin Wolf, told Swiss Radio…

Interactive atlas offers new way of looking at Switzerland

This content was published on Jan 25, 2000 Cartographers in Switzerland have added a new dimension to the way the country can be viewed. A new CD Rom allows the viewer to zoom into a three-dimensional landscape, where they can see how population statistics change, or inspect the lay of the land from altitudes as high as 7,000 metres. This new way of…

Luxury Luxor hotel helps Mövenpick boost bottom line

This content was published on Jan 25, 2000 The Mövenpick group has announced that sales rose 11 per cent to SFr1.26 billion last year. The company, which owns a chain of restaurants, hotels and makes premium foods, described the result as “very satisfactory”. “Hotels and resorts have been especially successful in the Middle East, where Egypt is recovering very quickly, that was fantastic…

Swisscargo split from Delta Air Cargo

This content was published on Jan 25, 2000 Swisscargo, a unit of the SAir Group, has announced that it is ending its co-operation deal with Delta Air Cargo from February 29. The move is part of the decision late last year by Delta Airlines to cancel its alliance with SAir, Swissair’s parent company. SAir Group and Delta Airlines had been working together since…

Food safety in Swiss restaurants under the spotlight

This content was published on Jan 25, 2000 An alarming number of Swiss restaurants failed food inspections last year, sparking concerns that eating out is a health risk. But the authorities are at pains to point out that – apart from the odd bad apple – the vast majority of Swiss restaurants are safe places to eat. At first sight, the statistics make…

Striking airport staff return to work

This content was published on Jan 25, 2000 Striking baggage handlers at Zurich’s international airport have returned to work after reaching a deal with the SAir Group late on Monday. The one-day walkout disrupted flight schedules and left passengers to carry their own luggage. The workers of the SAir subsidiary, Swissport, and SAir agreed to set up a special commission to look into…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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Davos agenda extends beyond business and politics

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New technology brings advice and help to delegates at Davos

More

Working groups to look into how to spend gold reserves

More

Ascom revenues fail to keep pace with profits

More

Herbal remedy takes root in US

More

Interactive atlas offers new way of looking at Switzerland

More

Luxury Luxor hotel helps Mövenpick boost bottom line

More

Swisscargo split from Delta Air Cargo

More

Food safety in Swiss restaurants under the spotlight

More

Striking airport staff return to work

Popular Stories

Most Discussed