Archive – Banking & Fintech

Food summit to serve up old recipes warns NGO

This content was published on Jun 4, 2008 The three-day conference, which ends on Thursday, is trying to find short-term solutions to spiralling food prices as well as a more lasting strategy to deal with causes. The UN Food and Agriculture Organisation called the emergency meeting as soaring commodity prices threaten to add as many as 100 million more people to the 850…

“Dissent is good for business”

This content was published on Jun 4, 2008 The former chief executive and chairman of General Electric prophesied that a new generation of upstart employees using the internet to voice dissent would replace rigid bureaucratic models. Speaking at the International Alpine Symposium in Zurich on Tuesday, Welch told business leaders that the new phenomenon would be “fun” and advised them to embrace the…

OECD predicts slowdown in economic growth

This content was published on Jun 4, 2008 In its Economic Outlook, the Paris-based think tank said Switzerland would not escape the effects of global financial turmoil. The annual forecast says slowing job creation will drive up unemployment, but added that inflation – now at a 15-year-high of 2.9 per cent – was likely to fall as oil price effects subside. The OECD…

Euro 08 players arrive in Switzerland

This content was published on Jun 4, 2008 The French and the Swedish were the last to come, just three days ahead of the European championships. Portugal, Turkey, and the Netherlands are already settled into their accommodation in western Switzerland, while the Romanians are staying in the eastern city of St. Gallen. Access to at least one of each team’s training sessions is…

Top management rake in ever-bigger salaries

This content was published on Jun 3, 2008 According to a survey carried out by the Unia trade union, company chief executives earned on average SFr2.8 million ($2.71 million) in 2007. “As for the bank bosses, they still figure among the best paid despite the subprime crisis and their very poor management performances,” said Unia economist Hans Baumann. Top management in Swiss banks…

Inflation reaches a 15-year high

This content was published on Jun 3, 2008 The increase, which exceeded expectations, is largely attributed to high fuel prices. Heating oil, for example, cost 16 per cent more in May than in April, and consumers are now paying 60 per cent more for this basic product than this time last year. The notional upper limit for price stability of two per cent…

Milk strike ends as farmers accept price rise

This content was published on Jun 3, 2008 The Federation of Swiss Milk Producers said the price rise would come into force from July 1 and remain binding for six months. Farmers currently receive around SFr0.70 per litre from the main processors – Emmi, Cremo, Elsa and Hochdorf Swissmilk – and had been seeking a SFr0.10 increase. These four firms process 80 per…

Economy is “comfortable” despite slower growth

This content was published on Jun 2, 2008 Gross domestic product (GDP) grew by 0.3 per cent on the quarter, compared with a 0.9 per cent increase at the end of 2007, the State Secretariat for Economic Affairs (Seco) said on Monday. Despite the GDP dip, the economic outlook remains positive, according to the Swiss Economic Institute KOF. Growth data showed that domestic…

You the reporter

This content was published on Jun 1, 2008 Send us your news photos to ireport@swissinfo.ch

Beer merger to be scrutinised

This content was published on May 30, 2008 Preliminary investigations indicate that the merger could lead to the market being dominated by two groups: Heineken-Eichhof and the biggest Swiss brewery, Carlsberg/Feldschlösschen. The commission announced on Friday that its investigation would take at most four months. Heineken’s plans to buy the drinks business of Eichhof Holding were announced in April. The transaction was supposed…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Food summit to serve up old recipes warns NGO

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“Dissent is good for business”

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OECD predicts slowdown in economic growth

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Euro 08 players arrive in Switzerland

More

Top management rake in ever-bigger salaries

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Inflation reaches a 15-year high

More

Milk strike ends as farmers accept price rise

More

Economy is “comfortable” despite slower growth

More

You the reporter

More

Beer merger to be scrutinised

Popular Stories

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