Archive – Banking & Fintech

Oerlikon records its best result in years

This content was published on Mar 27, 2007 The takeover of engineering company Saurer and an ongoing restructuring programme boosted results at the company, which made a net profit of SFr21 million in 2005. “Overall we are optimistic that we will be able to continue to achieve above-average growth in our markets and to realise profit margins above the average through the efficient…

Swiss Life posts record profit in 2006

This content was published on Mar 27, 2007 The company said the “good result” was largely driven by a 23 per cent rise in operations to SFr1.258 billion. Gross written premiums rose by nine per cent, exceeding market expectations, to SFr22.1 billion, while operating expenses decreased by five per cent to SFr3.2 billion. “Our strategic and operational progress is clearly reflected in the…

Swiss log on to online shopping boom

This content was published on Mar 26, 2007 A study by St Gallen University’s Institute of Marketing and Retailing, published on Monday, showed for example that 40 per cent of the country’s five million internet users now buy flights online. “There are still concerns about using credit cards and security is still a problem, but this is decreasing,” Thomas Rudolph, director of the…

Post group puts its stamp on a solid year

This content was published on Mar 23, 2007 The company, which is owned by the state, said on Friday that all business areas and units had contributed to the positive result, despite dwindling volumes of letters. The 2006 profit represents a 3.2 per cent increase or SFr26 million on the previous year. Operating income was SFr7.895 billion, an increase of five per cent…

Temple of consumerism opens doors in Zurich

This content was published on Mar 22, 2007 The 100,000-square-metre development is being billed as both a “consumer temple” and a “city within a city”, containing shops, a cinema, a health spa, apartments, a 132-room hotel, a nightclub and even a chapel. The SFr620 million ($510 million) urban regeneration project is built on the site of a former paper mill on the outskirts…

Parliament votes in favour of eco-cars

This content was published on Mar 21, 2007 During Wednesday’s five-hour-long session, which opened with sharp exchanges between left- and rightwing parties, 40 speakers in the House of Representatives presented over 70 different proposals. Environment Minister Moritz Leuenberger, who outlined the government’s new energy policy, said “far-reaching measures” were needed to combat global warming and to prevent a power shortfall in Switzerland after…

Swiss strive to live up to Bollywood image

This content was published on Mar 21, 2007 Industry officials highlight Indian cultural, shopping and culinary preferences and dislikes. Indians spent a total of 284,390 nights in Swiss hotels last year, up 14 per cent on 2005. The report from the Swiss tourist board and the hotel industry, Hotellerie Suisse, hailed India as one of the most important markets and forecast an average…

Plan for hospital reform causes headache

This content was published on Mar 20, 2007 The main players, including hospitals, health insurers, cantonal authorities and patient organisations, are concerned that they may have to foot the bigger part of the bill for the reform which has dragged on for seven years. The planned revision foresees the introduction of a classification system for hospital patients, known as Diagnosis-related Groups (DRG), in…

Lindt & Sprüngli announces sweet returns

This content was published on Mar 20, 2007 Turnover was up by 14 per cent to SFr2.58 billion, with particularly strong sales registered in North America – for the first time exceeding $500 million. In a statement on Thursday the firm said that all sectors of the group had contributed to the impressive overall growth. “Owing to many innovative products and outstanding marketing…

Minister warns of collapse of social security

This content was published on Mar 19, 2007 Couchepin, who is in charge of social security, was speaking in Bern on Monday at the launch of the government’s campaign ahead of a nationwide vote on June 17. “Debts will total SFr20 billion ($16.5 billion) by 2020 and there will be no more money available for the disability and the old age pension schemes…

Page 841 of 1641

First … 839 840 841 842 843 … Last

Archive – Banking & Fintech

Popular Stories

Most Discussed

Sign in and personalize Swissinfo

Archive – Banking & Fintech

More

Oerlikon records its best result in years

More

Swiss Life posts record profit in 2006

More

Swiss log on to online shopping boom

More

Post group puts its stamp on a solid year

More

Temple of consumerism opens doors in Zurich

More

Parliament votes in favour of eco-cars

More

Swiss strive to live up to Bollywood image

More

Plan for hospital reform causes headache

More

Lindt & Sprüngli announces sweet returns

More

Minister warns of collapse of social security

Popular Stories

Most Discussed