Archive – Banking & Fintech

Geneva looks east to diversify tourist sector

This content was published on Aug 15, 2011 Some 1.8 million people attended the Fêtes de Genève festival that ended on Sunday, but the figures were down from two million last year, most likely due to a clash with the Muslim holy month of Ramadan. Visitors from the Middle East were conspicuous by their absence at this year’s festival, said Paul Muller, president…

Transocean bids for Aker Drilling

This content was published on Aug 15, 2011 The offer price of 26.50 Norwegian crowns (SFr3.87) per share represents a 98.5 per cent premium over Friday’s close of 13.35 crowns for the company, which was spun off from Aker Solutions earlier this year. Aker Drilling operates two harsh-environment, ultra-deep-water semi-submersible rigs and is expected to take delivery in 2013 of two drill ships…

Supermarket cuts goods range over high prices

This content was published on Aug 14, 2011 The move, revealed in newspaper announcements on Sunday, comes shortly after an appeal by Economics Minister Johann Schneider-Ammann to businesses, supervisory bodies and consumers to help lower the prices of imported goods. The minister made the comments after presiding over a round table on August 10 to discuss how best the economy could deal with…

Tax deal “could cost SFr500 million”

This content was published on Aug 14, 2011 Patrick Odier, speaking in the SonntagsZeitung newspaper on Sunday, added that a separate tax agreement with Britain was expected over the coming weeks. Odier said that banks favoured further deals with Italy, France and the United States, while the association’s CEO, Claude-Alain Margelisch, told the Der Sonntag newspaper that the German accord, which was announced…

Stock market continues recovery

This content was published on Aug 12, 2011 The positive result continued Thursday’s trend, when it closed 5.02 per cent up. The broader-based Swiss Performance Index (SPI) was up by 4.32 per cent on Friday. Companies making the greatest gains were those which had previously fallen furthest. They included Clariant (up 9.4 per cent), Logitech (up nine per cent) and SGS (up 7.7…

Vom Verschwinden des Geldes

This content was published on Aug 12, 2011 Der Fotograf Daniel Schwartz verfolgt den Weg und die Ströme des Gegenstands, der die Welt in ihrem Kern zusammenhält, von der Ressource über die Handelsplätze der Geschichte an die Orte des monetären Funktionalismus bis an den Schlund der Virtualität, wo sich das Geld dem Blick und dem Zugriff des Menschen entzieht und sich auch nicht…

Shares rise, franc falls

This content was published on Aug 11, 2011 The Swiss Performance Index (SPI) also booked a solid gain of 4.60 per cent, closing at 4597.72 points. The rebound from Wednesday’s 3.84 per cent tumble was led by Zurich Financial Services, which saw its stock rise 10.5 per cent. UBS was just behind on 10.07 per cent, with fellow banks Credit Suisse and Julius…

Calls for action over pricey imports

This content was published on Aug 11, 2011 He said he was considering a set of measures, including legal amendments, to be discussed by the cabinet next week, but refused to give further details. “It is really important that a sign be given,” said Schneider-Ammann following Wednesday’s meeting with representatives of Swiss producers, importers and retailers as well as consumer groups and federal…

Share prices tumble again

This content was published on Aug 10, 2011 The blue chip SMI ended trading at 4,792 points, with the Swiss Performance Index (SPI) faring little better, finishing 3.84 per cent lower at 4,395 points. Human resources company Adecco was among the hardest hit, losing 10.8 per cent while the share prices of chemical concern Lonza and cement company Holcim also experienced significant losses…

Last ditch defence of franc intensifies

This content was published on Aug 10, 2011 The SNB said on Wednesday it would inject a further SFr40 billion ($55 billion) of liquidity as the franc approaches parity with the euro. Against the dollar on Tuesday, the franc saw its biggest one-day gain against the dollar in 30 years, hitting a record level of SFr0.7085. The SNB move is being viewed as…

Page 535 of 1641

First … 533 534 535 536 537 … Last

Archive – Banking & Fintech

Popular Stories

Most Discussed

Archive – Banking & Fintech

More

Geneva looks east to diversify tourist sector

More

Transocean bids for Aker Drilling

More

Supermarket cuts goods range over high prices

More

Tax deal “could cost SFr500 million”

More

Stock market continues recovery

More

Vom Verschwinden des Geldes

More

Shares rise, franc falls

More

Calls for action over pricey imports

More

Share prices tumble again

More

Last ditch defence of franc intensifies

Popular Stories

Most Discussed