Archive – Banking & Fintech

Holcim eyes Australian market in Cemex deal

This content was published on Jun 15, 2009 The world number two in the cement sector announced on Monday it had agreed to a sale price of A$2.02 billion (SFr1.76 billion) in a deal funded entirely with equity. “This important strategic acquisition enables the group to move into the aggregates and concrete business in an attractive mature market,” said a Holcim statement. The…

Mineral water industry has thirst for fight

This content was published on Jun 13, 2009 A powerful new lobby aims to prevent a global wave of adverse public opinion to bottled water crashing onto Swiss shores. The industry has suffered from a “back to tap water” environmentalist campaign. Green groups have managed to influence public sentiment in the US, Canada, Britain and France by highlighting the double pollution peril of…

“Made in Switzerland” brand retains its appeal

This content was published on Jun 12, 2009 Switzerland’s exports are down, in line with other countries, but manufacturers will prosper in the long run if they market traditional qualities of reliability and value, a Swiss Brands conference heard. Swiss companies should not change their strategy of producing expensive, well-made goods because some consumers have become more price conscious, according to Stephan Feige…

Top banker asks Germans to “bury hatchet”

This content was published on Jun 11, 2009 Pierre Mirabaud said investors had nowhere else to place their money since all countries were expected to comply with new banking standards set out by the Organisation for Economic Co-operation and Development (OECD). Speaking before journalists in the German financial capital, Frankfurt, on Thursday, Mirabaud also called for more objectivity in the debate over tax…

Mugabe holds tricky hand in clean diamond trade

This content was published on Jun 11, 2009 Partnership Africa Canada (Pac) and Global Witness have published a report saying Mugabe’s seizure of the country’s mines has compromised the Kimberley Process, a system Switzerland helped create in order to decouple diamonds from war. A harsh report called, “Zimbabwe, Diamonds and the Wrong Side of History” claims that Zimbabwe’s diamond trade has fuelled corruption…

Looking for change

This content was published on Jun 11, 2009 Young Iranians have been at the forefront of protests since the disputed re-election of Iranian President Mahmoud Ahmadinejad in June 2009. Photographer Kai Wiedenhöfer documented the lives of Iranian teenagers and young adults during the late 1990s and early 2000s. (All pictures: Kai Wiedenhöfer)

Globalised marketing

This content was published on Jun 11, 2009 Switzerland exports products all over the world. We take you on a quick journey around the planet to uncover Swiss Made advertising.

Watch jobs go as luxury loses its sparkle

This content was published on Jun 10, 2009 Zenith has slashed 70 jobs out of 250, following 24 job losses in January. The brand has since 1999 belonged to the French luxury group LVMH. Metalor, which specialises in precious metals, is to cut 50 out of its current 457 jobs in its division that supplies the watchmaking industry. Both companies are based in…

Stimulus package worries business lobby group

This content was published on Jun 9, 2009 The government will decide next week whether to pump more spending into the Swiss economy to fight the recession. However, economiesuisse has urged restraint and proper targeting of additional funds. Parliament endorsed a SFr710 million ($648 million) package in March aimed at transport infrastructure projects, the environment, research and tourism. This followed a SFr980 million…

Swiss help tackle oil and mining corruption

This content was published on Jun 9, 2009 The news has been welcomed by non-governmental organisations and those working in the field, currently meeting for an international conference on the issue in Zurich. The Swiss State Secretariat for Economic Affairs (Seco) will support the Extractive Industries Transparency Initiative (EITI) with a $3 million (SFr3.27 million) contribution. “Switzerland therefore wishes to boost its involvement…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Holcim eyes Australian market in Cemex deal

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Mineral water industry has thirst for fight

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“Made in Switzerland” brand retains its appeal

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Top banker asks Germans to “bury hatchet”

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Mugabe holds tricky hand in clean diamond trade

More

Looking for change

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Globalised marketing

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Watch jobs go as luxury loses its sparkle

More

Stimulus package worries business lobby group

More

Swiss help tackle oil and mining corruption

Popular Stories

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