Archive – Banking & Fintech

Italy rail strike to affect Swiss connections

This content was published on Jul 20, 2011 Swiss Federal Railways said on Wednesday that southbound trains on the Gotthard and Simplon routes would only go as far as the Swiss towns of Chiasso and Brig respectively. Passengers should expect long delays if travelling within Italy or from Italy to Switzerland, the company said.

Strong franc gnaws deeper into Swiss economy

This content was published on Jul 19, 2011 The value of the dollar sank below the franc some time ago, and there are no signs of the trend reversing with the Swiss economy performing so robustly compared to debt-laden European countries and the United States. “It seems prophetic, and almost tragic, to say so now, but the Swiss economy has been the victim…

EU research programme to benefit Switzerland

This content was published on Jul 19, 2011 It was the single biggest funding package ever allocated for innovation and research by the European Commission. The funding programme is predicted to create some 174,000 jobs in the short term and 450,000 jobs and €80 billion in gross domestic product growth over 15 years, commissioner Máire Geoghegan-Quinn said in a statement. Universities, research organisations…

Glencore to acquire Peru copper miner Marcobre

This content was published on Jul 18, 2011 The $475 million (SFr388 million)cash deal is subject to regulatory approval and is expected to close in October, Glencore said in a statement. Marcobre is the sole owner of the Marcona Copper Property and the Mina Justa Project – the company’s principal copper exploration and development project. “Mina Justa would ideally complement Glencore’s existing polymetallic…

Swiss banks believed to house Greek taxes

This content was published on Jul 17, 2011 This, however, is largely the fault of Athens, according to Swiss-Greek economist Spyridon Arvanitis. Ultimately, the only people who know how much untaxed Greek money is in Switzerland are the banks. “I’ve heard every amount possible – even up to the sum of the Greek debt,” Arvanitis, from the Swiss Economic Institute (KOF) at the…

Distill of the night

This content was published on Jul 16, 2011 To be precise, it’s the Antica Distilleria Beretta, licensed in 1792, though the license was transferred from Ticino to this alpine valley just a few years ago. It’s a 100+ year-old building, the former post office and restaurant where stage coaches changed horses for the big pass to the west, and where travelers would eat.…

Too rich (or poor) to pitch?

This content was published on Jul 16, 2011 Switzerland’s 419 campsites registered a ten per cent drop in overnight stays in 2010 compared with the previous year, and, according to a straw poll of sites contacted by swissinfo.ch, 2011 is not off to a great start. A growing number of cash-strapped Britons have caught camping fever and are joining seasoned campers by investing…

Underage drinking falls at sports venues

This content was published on Jul 15, 2011 Tests found alcohol was sold to the underaged in 34.4 per cent of cases during the season 2010/2011 compared with in 61.6 per cent of cases in the season 2009/2010. Under Swiss law beer and wine cannot be sold to anyone under 16 and spirits to people under 18. The Swiss Alcohol Board also checked…

US probe targets Credit Suisse

This content was published on Jul 15, 2011 The bank said it received a letter notifying it that it was being probed by the DoJ on Thursday. “Subject to our Swiss legal obligations, we will continue to cooperate with the US authorities in an effort to resolve these matters,” Credit Suisse said in a statement released on Friday. It added that it had…

Russia: grail or graveyard for SMEs?

This content was published on Jul 14, 2011 With no way of accurately measuring how far or how fast Russia’s economic reforms will go, small and medium sized enterprises (SMEs) have to play a smart game to avoid losing their investments. There are around 150 Swiss companies with a physical base in Russia employing some 75,000 people, according to official Swiss statistics. But…

Page 540 of 1641

First … 538 539 540 541 542 … Last

Archive – Banking & Fintech

Popular Stories

Most Discussed

Archive – Banking & Fintech

More

Italy rail strike to affect Swiss connections

More

Strong franc gnaws deeper into Swiss economy

More

EU research programme to benefit Switzerland

More

Glencore to acquire Peru copper miner Marcobre

More

Swiss banks believed to house Greek taxes

More

Distill of the night

More

Too rich (or poor) to pitch?

More

Underage drinking falls at sports venues

More

US probe targets Credit Suisse

More

Russia: grail or graveyard for SMEs?

Popular Stories

Most Discussed