Archive – Banking & Fintech

Banks urged to bail out of controversial oil pipeline

This content was published on Feb 22, 2017 According to research from pressure group Food & Water Watch, Credit Suisse has financed three firms involved in the project to the tune of $340 million (CHF342 million). The NGO also believes Swiss rival UBS is involved to a similar extent, according to the 10 vor 10 news programme. US President Donald Trump has given…

Big data and you: research projects begin

This content was published on Feb 21, 2017 The Swiss National Science Foundation launched 36 projectsExternal link on Tuesday focusing on big data, the large volume of data that can be analysed computationally to reveal patterns and trends, especially when it comes to human behaviour and interactions. A large-scale survey of big data methods in Swiss companies will be done in one project…

Swiss supermarkets enjoy big margins

This content was published on Feb 21, 2017 In 2015, both grossed well above their international counterparts. For Migros, the gross margin was 40.2%; for rival Coop, 29.8%. In 2016, the two grocery giants each had about CHF28 billion ($27.7 billion) in turnover, dwarfing their local competition. Price watchdogs are keeping an eye on the retailers. Patrick Ducrey, vice director of the Swiss…

Swiss bicycles no longer required to have bells

This content was published on Feb 18, 2017 Law? What law? Switzerland has struck down a bicycle law requiring the use of a bell – a regulation that few people knew about in the first place.

Public procurement reform angers data ombudsman

This content was published on Feb 17, 2017 The Federal Data Protection and Information Commissioner said the bill, to be discussed by parliament at a later stage, would weaken current transparency rules. “By undermining the principle of public access the stated aim in the amended law on transparency in administration would be turned upside down,” said Adrian Lobsiger. Under the bill, it would…

Swiss satellite in record-breaking Indian space launch

This content was published on Feb 15, 2017 SpacePharma, a Swiss company based in Courgenay in canton Jura, had entrusted a five-kilogram (11-pound) nano-satellite to the Indian space agency, which successfully launched it into space today at 09:28 local time (04:58 Swiss time). Never have so many satellites been launched in a single attempt. In total, the Indian space launch vehicle PSLV-C37 carried…

Higher rates remove need for cash comfort blanket

This content was published on Feb 15, 2017 The propensity of many wealthy private investors to hold cash in bank accounts rather than in riskier assets might be about to change.

Air China to resume service to Zurich

This content was published on Feb 14, 2017 The Chinese national company will ensure four connections per week between Zurich and Beijing, according to Zurich airport spokesperson Raffaela Stelzer in an interview Tuesday with travel magazine “Travelinside”. The last trip made by Air China between the Swiss city and Beijing was in October 1999. The announcement means more competition for Swiss International Airlines,…

Defending the interests of tax dodgers

This content was published on Feb 14, 2017 A Swiss lawyer's Youtube "tax loophole" ads raises the question of how far intermediaries can go in defending their clients’ assets.

A discreet crossroads for the world’s gold

This content was published on Feb 10, 2017 In 2016, gold refined in Switzerland made up more than a quarter of its total exports, outpacing even the pharmaceutical industries.

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Banks urged to bail out of controversial oil pipeline

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Big data and you: research projects begin

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Swiss supermarkets enjoy big margins

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Swiss bicycles no longer required to have bells

More

Public procurement reform angers data ombudsman

More

Swiss satellite in record-breaking Indian space launch

More

Higher rates remove need for cash comfort blanket

More

Air China to resume service to Zurich

More

Defending the interests of tax dodgers

More

A discreet crossroads for the world’s gold

Popular Stories

Most Discussed