Archive – Banking & Fintech

Experts debate role of agriculture in aid

This content was published on Nov 9, 2007 The authors of a report into the issue said that more investment in agriculture in developing countries was needed if the international community was to achieve its goal of halving the number of the world’s poor by 2015. This target has been set out by the United Nations as the first of its Millennium Development…

Oil prices not yet at Swiss pain threshold

This content was published on Nov 9, 2007 US crude for December delivery stood at $96.23 a barrel on Friday morning, reversing the previous day’s 91-cent drop but down on its record high of $98.62 earlier in the week. Abdullah al-Badri, the secretary-general of Opec, the group of oil-producing countries, has called for tighter regulation of the oil markets to counter the speculative…

Swiss bank staff implicated in Brazil fraud

This content was published on Nov 7, 2007 The two employees are currently in jail in São Paulo. The sum involved in the fraud is reported to be around $500 million (SFr665 million). Brazilian police arrested 19 people on Tuesday on suspicion of money laundering and making illegal currency remittances. “We have taken note of the fact that an employee from UBS Switzerland…

Swiss Life to sell Banca del Gottardo

This content was published on Nov 7, 2007 BSI and Gottardo will be merged to become one of the leading Swiss private banking institutions with SFr100 billion in assets under management. The transaction is expected to be completed by the end of the first quarter of 2008, Swiss Life said in a statement on Wednesday. The headquarters of the new entity will remain…

Callebaut targets growth of chocolate market

This content was published on Nov 6, 2007 The group said on Tuesday that it was raising its mid-term goals despite high commodity prices. Patrick De Maeseneire, Barry Callebaut’s chief executive, said the company grew “more than twice as fast as the global chocolate market”, and will continue to do so. Because of a write-down on the sale of its United States Brach’s…

Piccard unveils Solar Impulse prototype

This content was published on Nov 5, 2007 Speaking at Dübendorf military airport just outside Zurich, Piccard said the aim of the project was to demonstrate the role of renewable energy sources in sustainable development. After four years of research, calculations and simulations, the Solar Impulse project has entered a concrete phase with the construction of an initial prototype with a 61-metre wingspan…

Looking for the real taste of Switzerland

This content was published on Nov 5, 2007 swissinfo worked up an appetite and visited the taste and regions fair in the western city of Bulle to find out what really appeals to the Swiss palate. Taste, according to the scientists, is one of our five senses and refers to our ability to detect the flavour of substances such as food and poisons.…

Swiss seek to intensify ties with India

This content was published on Nov 5, 2007 Her trip follows Economics Minister Doris Leuthard’s free trade talks in New Delhi in August. Calmy-Rey will discuss broad cooperation on issues such as environment, science and economy. It is hoped the talks with Indian Prime Minister Manmohan Singh and other officials will result in the signing of a joint declaration on privileged partnership, setting…

Middle East trip aims to boost economic ties

This content was published on Nov 4, 2007 While the UAE is Switzerland’s principal trading partner in the Middle East, Oman still remains a largely undiscovered country for Swiss companies. The four-day trip, which began with the signature of an aviation accord in Oman on Saturday and was followed by talks with high-ranking ministers in both countries, is due to end on Tuesday.…

Balancing act for new business school head

This content was published on Nov 4, 2007 John Wells, who takes up the post in the spring of next year, tells swissinfo that he also sees the International Institute for Management Development strengthening its global presence while being mindful not to overreach itself. British-born Wells, currently professor of management practice at Harvard Business School, is succeeding Peter Lorange who is retiring after…

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Archive – Banking & Fintech

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Experts debate role of agriculture in aid

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Oil prices not yet at Swiss pain threshold

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Swiss bank staff implicated in Brazil fraud

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Swiss Life to sell Banca del Gottardo

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Callebaut targets growth of chocolate market

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Piccard unveils Solar Impulse prototype

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Looking for the real taste of Switzerland

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Swiss seek to intensify ties with India

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Middle East trip aims to boost economic ties

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Balancing act for new business school head

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