Archive – Banking & Fintech

eBay eyes the world from Swiss capital, Bern

This content was published on Jan 7, 2008 Bern is where eBay has its international headquarters and for local CEO Nick Stahayeff, the city is the centre of the world. “Absolutely. We’ve had our international headquarters in Bern for the eBay business since 1999… so the decisions about our strategy and our operational decisions are taken here,” he told swissinfo. “Here” means a…

Post Office rejects allegations of high fees

This content was published on Jan 6, 2008 Gygi said he expected Swiss Post, which is fully owned by the government, to make a record profit of more than SFr900 million ($812 million) in 2007. He said the company was among the top six in western Europe when it comes to sending letters for a good price. He was responding to a statement…

Inflation moves to 12-year high in December

This content was published on Jan 4, 2008 The Federal Statistics Office reported that the average inflation rate for 2007 was at 0.7 per cent compared with 1.1 per cent in 2006, the office said. In a statement, it said that the year-on-year price in December was the highest since October 1995 when the annual rate had also been two per cent. Prices…

Chair-lift accident kills one, injures three

This content was published on Jan 3, 2008 A spokeswoman for the operator, Jungfrau Railways, said the accident took place on the Kleine Scheidegg pass at about midday on Thursday on the Fallboden lift. A German man died and a German woman suffered serious injuries in the accident. The cause of the accident was not immediately known, but the official in charge of…

Swiss could save money on mobile phone charges

This content was published on Jan 3, 2008 The survey of about 5,000 people, carried out by the Comparis research group, said the potential saving was SFr2.8 billion, almost twice that of the previous year. Comparis, which is based in Zurich, explained that 90 per cent of users could save money by opting for pre-paid services, which had come down in cost, or…

BKW invests heavily in Germany

This content was published on Jan 3, 2008 It is to acquire a 33 per cent stake in a planned coal-fired power plant of Electrabel Germany at Wilhelmshaven in the north of the country. BKW, which has subsidiaries in both Germany and Italy, said in a statement on Thursday the plant would have a high efficiency level and be one of the world’s…

Texting record for New Year

This content was published on Jan 2, 2008 Between December 31, 2006 and New Year’s Day, the Swiss sent a total of 100 million messages – text, photo and video messages – using their telephones – an average of 13.3 per inhabitant. According to Sepp Huber, spokesman for Swisscom, its customers sent some 42.3 million text and photo messages – up twelve per…

New Year heralds legal changes

This content was published on Jan 1, 2008 Illegal work will also face stiffer penalties while data protection rules are tightened – just a few of the 800 changes to Swiss federal laws that are being implemented in 2008. Changes to Switzerland’s social security system – part of ongoing measures to shore up its finances – mean that it will become more difficult…

Regulator stamps Swiss Post as too expensive

This content was published on Dec 30, 2007 Martin Kaiser called for liberalisation of the market, a move also supported by Swiss Economics Minister Doris Leuthard. Kaiser said the Swiss have to pay for letters weighing up to 20 grams some of the highest prices in Europe. He told the NZZ am Sonntag newspaper that the charges affected 90 per cent of letters…

President of swissinfo promotes Russian site

This content was published on Dec 30, 2007 He says that swissinfo’s multilingual journalistic content and mission to explain Switzerland abroad is an essential mandate. The planned dismantling of swissinfo, a unit of the Swiss Broadcasting Corporation (SBC), triggered protests by the Organisation of the Swiss Abroad and met opposition in parliament. In June 2005 the Senate approved a proposal by Filippo Lombardi…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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eBay eyes the world from Swiss capital, Bern

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Post Office rejects allegations of high fees

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Inflation moves to 12-year high in December

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Chair-lift accident kills one, injures three

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Swiss could save money on mobile phone charges

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BKW invests heavily in Germany

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Texting record for New Year

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New Year heralds legal changes

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Regulator stamps Swiss Post as too expensive

More

President of swissinfo promotes Russian site

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