Archive – Banking & Fintech

Spreading the Swiss word in China

This content was published on Oct 19, 2009 In the run-up to the 60th anniversary of diplomatic relations between Beijing and Bern in 2010, Switzerland is keen to build on its positive image in China, but wants to show the Chinese something they are less familiar with: its achievements in education and science. Presence Switzerland is the part of the Swiss foreign ministry…

“Nuclear cent” could finance renewable energy

This content was published on Oct 18, 2009 Moritz Leuenberger told the German-language SonntagsZeitung that since the regulation setting the lifetime of nuclear power stations at 40 years had been lifted, operators can keep them in service as long as they meet safety regulations. Operators now believe stations could have a lifetime of up to 55 years. Leuenberger called for a “nuclear cent”…

UBS in “better shape” than a year ago

This content was published on Oct 16, 2009 On October 16, 2008, the government pumped SFr6 billion ($5.88 billion) into the ailing bank and allowed it to dump some SFr40 billion of toxic assets into a special central bank fund. Eugen Haltiner, president of regulatory body Finma (the Swiss Financial Market Supervisory Authority), told Swiss radio on Friday that the measures had successfully…

Harrods offers Swiss gold “off the shelf”

This content was published on Oct 16, 2009 The central London retailer announced on Thursday it had joined with Swiss refiner Produits Artistiques Metaux Precieux to offer gold bars weighing 27.5 pounds (12.5kg). Harrods, established in 1834, is the first London shop to offer gold in-store. The bars are being kept in a miniature vault on the lower ground floor. The move comes…

US tax amnesty nets thousands of cheats

This content was published on Oct 15, 2009 An investigation into UBS, that found that the Swiss bank had helped US citizens evade tax, helped fuel a crusade to weed out cheats who were using offshore accounts to hide undeclared assets. The amnesty, that ended on October 15, offered reduced punishments for those who voluntarily declared their guilt. Culprits will pay a fine…

Swiss Unesco sites join forces

This content was published on Oct 14, 2009 They have founded the Unesco Destination Switzerland association which will support sustainable and high quality tourism both within the country and abroad. For this purpose, the new association is planning to work with Switzerland Tourism and the Swiss Unesco Commission. A first campaign is planned for 2010. “The Unesco label incarnates the values which we…

Clariant to cut 800 more jobs

This content was published on Oct 13, 2009 Mark Hengel, a company spokesman, said about 450 of the 800 jobs would come from European offices. Germany would be particularly hit, with 180 layoffs. Most of the Swiss jobs would go at the company’s headquarters in Muttenz, near Basel. The chemical company struck a total of 2,000 jobs from its payroll in February and…

Smartphones take hold in mobile market

This content was published on Oct 12, 2009 Sales of the do-it-all smartphones have defied the global economic crisis, rising steadily and expected to grow 25 per cent in 2009. Compare that with sales of conventional phones, which are set to drop by ten per cent. Apple’s iPhone, launched in 2007, quickly became an expression of how far technology has come over the…

Post in comeback after losing bread and butter

This content was published on Oct 9, 2009 On World Post Day on Friday, the UPU celebrated its founding and the 100th anniversary of the installation in Bern of a major statue created to symbolise the worldwide postal service. Founded in Bern 135 years ago to promote universal postal access, the UPU is now trying to help postal services meet 21st century digital…

Switzerland fined for blocking WEF journalist

This content was published on Oct 8, 2009 The freelance journalist wanted to cover the effects of the protests on the local restaurant and hotel trade for the Gastro News publication. The 51-year-old was travelling from Klosters to Davos on a public bus on January 27, 2001 – a day when an unauthorised demonstration was due to take place. The bus was boarded…

Page 667 of 1641

First … 665 666 667 668 669 … Last

Archive – Banking & Fintech

Popular Stories

Most Discussed

Archive – Banking & Fintech

More

Spreading the Swiss word in China

More

“Nuclear cent” could finance renewable energy

More

UBS in “better shape” than a year ago

More

Harrods offers Swiss gold “off the shelf”

More

US tax amnesty nets thousands of cheats

More

Swiss Unesco sites join forces

More

Clariant to cut 800 more jobs

More

Smartphones take hold in mobile market

More

Post in comeback after losing bread and butter

More

Switzerland fined for blocking WEF journalist

Popular Stories

Most Discussed