Archive – Banking & Fintech

Parties set agendas for upcoming session

This content was published on Feb 20, 2010 The centre-right Radical Democratic Party said revising the country’s old-age and survivors insurance scheme remains a top priority. Reforming unemployment insurance programmes are also high on the agenda. The centre-left Social Democratic Party have vowed to oppose any such revisions. The group also wants the government to come up with a plan for attracting “white…

Les Suisses sont gourmands

This content was published on Feb 19, 2010 Voici des images de quelques plats de chez Philippe Rochat, possédant 3 étoiles, à Crissier dans le canton de Vaud et de chez Rasoi by Vineet, restaurant indien à Genève qui a reçu sa première étoile.

Nestlé battles the crisis with strong figures

This content was published on Feb 19, 2010 Nestlé, whose brands include Nescafé coffee, Gerber baby food, Purina pet food and Perrier mineral water, announced sales of SFr107.6 billion, which represents organic growth of 4.1 per cent. Organic growth is the growth rate that a company can achieve by increasing output and enhancing sales, but it excludes mergers and acquisitions. Strong demand for…

Nestlé battles the crisis with strong figures

This content was published on Feb 19, 2010 Nestlé, whose brands include Nescafé coffee, Gerber baby food, Purina pet food and Perrier mineral water, announced sales of SFr107.6 billion ($99.2 billion), which represents organic growth of 4.1 per cent. Organic growth is the growth rate that a company can achieve by increasing output and enhancing sales, but it excludes mergers and acquisitions. Operating…

Water everywhere, but not enough to drink

This content was published on Feb 19, 2010 Big business has raised eyebrows by wading into the water issue with efforts to improve the situation, in a field that has traditionally been the preserve of non-governmental organisations (NGOs). The pressing issues surrounding water can broadly be divided into two main areas: access to clean drinking water and sanitation and the inefficient use of…

Number of companies going down on the rise

This content was published on Feb 19, 2010 Switzerland’s industry-heavy central plateau suffered the most, credit ratings agency Dun & Bradstreet said on Thursday evening. Bankruptcies in the region, which includes cantons Zurich, Thurgau and Bern, almost doubled. Of the 92 bankruptcies there last year, 67 of those were “real” insolvencies. A small part were categorised as bankruptcies due to changes in legislation.…

Swiss aid focuses on hunger

This content was published on Feb 18, 2010 Switzerland supports small-scale farmers by introducing them to modern farming methods, providing drought-resistant seeds, improving access to credit and developing local markets, SDC officials said at their annual media conference. It not only supports research institutes in developing countries but also promotes direct cooperation between researchers in Switzerland and abroad. The SDC said Swiss aid…

Swisscom feels the heat of competition

This content was published on Feb 18, 2010 The company made a net profit of SFr1.925 billion ($1.78 billion) in 2009 when lower depreciation charges helped to offset weaker domestic demand. The former state monopoly said in a statement that its key Swiss business would continue to decline this year as a result of ongoing competition, unbundling and a levelling-off of growth in…

Swiss Re reports Q4 net profit

This content was published on Feb 18, 2010 The Zurich-based company said earnings per share were SFr1.18 compared with a loss of SFr5.34 per share in the last three months of 2008. Full-year net profit for 2009 reached SFr506 million compared with a loss of SFr864 million the previous year. The quarterly results fell short of analysts’ expectations. Chief Executive Stefan Lippe said…

Outlook remains uncertain for ABB

This content was published on Feb 18, 2010 However, the company, which makes power grids and robots, reported a fourth-quarter net profit of $540 million, 154 per cent higher than in the comparable period last year. For the year as a whole, ABB posted net profit of $2.9 billion, seven per cent lower than 2008. “By acting quickly and decisively, we delivered a…

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Archive – Banking & Fintech

Popular Stories

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Archive – Banking & Fintech

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Parties set agendas for upcoming session

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Les Suisses sont gourmands

More

Nestlé battles the crisis with strong figures

More

Nestlé battles the crisis with strong figures

More

Water everywhere, but not enough to drink

More

Number of companies going down on the rise

More

Swiss aid focuses on hunger

More

Swisscom feels the heat of competition

More

Swiss Re reports Q4 net profit

More

Outlook remains uncertain for ABB

Popular Stories

Most Discussed