Archive – Banking & Fintech

Swatch enjoys another record year

This content was published on Mar 19, 2007 The Swiss company said in a statement that sales in its watch and jewellery division soared last year, and that it was off to an “excellent start” in 2007. The results soundly beat expectations. Swatch reported an above-average increase in operating profit to SFr973 million (previous year CHF 735 million). A poll of analysts by…

Geneva motor show hits top gear

This content was published on Mar 18, 2007 The event featured more than 80 world and European vehicle premieres, including models from Russia and for the first time China. The 730,736 visitors came from more than 100 countries and confirmed the international character of the event, according to organisers. This year’s motor show, which wrapped up on Sunday evening, was officially inaugurated by…

Bern wants more respect for humanitarian law

This content was published on Mar 16, 2007 She also told Friday’s annual conference on Swiss Humanitarian Aid in Bern that Switzerland was well prepared to offer emergency aid to victims of war and natural catastrophes. Calmy-Rey, who is this year’s Swiss president, said victims of natural disasters or conflict were increasingly dependent on international aid because of the amount of destruction. “Switzerland…

Swiss banks caught in US mortgage slump

This content was published on Mar 16, 2007 UBS and Credit Suisse are demanding repayments of $1.5 billion (SFr1.81 billion) and $1.4 billion respectively from New Century Finance. However, analysts are not linking this development with a recent fall in share prices. California-based New Century Finance announced last week that it has stopped issuing new mortgages and has suspended share trading. The firm…

Caritas helps rebuild south Sudan

This content was published on Mar 16, 2007 It is supporting projects to help restore water, food and medical services to the region, as well as to bolster civil society. “The main problem in Torit is water. We only have one pump feeding the whole water network,” said Dario Borok, infrastructure minister in Eastern Equatoria, one of the states which makes up the…

Reform plans pruned for the farming sector

This content was published on Mar 15, 2007 The government has been trying to push through reforms to make the farming sector more competitive on the world market. A narrow majority in the House of Representatives – the larger chamber – followed the Senate in voting for a new law on agriculture. But the government’s reform plans were watered down. Both houses of…

National Bank raises interest rate once more

This content was published on Mar 15, 2007 It also warned that to ensure price stability, it would probably have to continue its policy of rate rises. The bank increased the target range for its benchmark rate, the three-month Swiss franc London Interbank Offered Rate or Libor, to 1.75 – 2.75 per cent, aiming for the midpoint of 2.25 per cent. In a…

Zurich airport on the up and up

This content was published on Mar 15, 2007 Switzerland’s biggest airport said the rise was thanks to unexpectedly strong growth in traffic, with the number of people flying from Zurich rising by nearly eight per cent to more than 19 million. Total income rose by five per cent to SFr737.1 million, 60.3 per cent of which came from aviation business, airport operators Unique…

Swiss issue key climate report

This content was published on Mar 14, 2007 The report released on Wednesday by the Advisory Body on Climate Change (OcCC) details the effects rising temperatures will have on ecology, agriculture, health, tourism, water supply and infrastructure in Switzerland by 2050. OcCC president Kathy Riklin told journalists that the consequences were manageable, but a series of adaptations had to be made. “What’s new…

Chinese cars gun for European market

This content was published on Mar 13, 2007 Brilliance, based in Shenyang, is looking to use the annual event as a springboard for cracking the Swiss and European markets. But are motorists ready to buy a Chinese car? One man who has no doubts is Hans-Ulrich Sachs, chairman and managing director of HSO Motors Europe, which is responsible for setting up a distribution…

Page 842 of 1641

First … 840 841 842 843 844 … Last

Archive – Banking & Fintech

Popular Stories

Most Discussed

Sign in and personalize Swissinfo

Archive – Banking & Fintech

More

Swatch enjoys another record year

More

Geneva motor show hits top gear

More

Bern wants more respect for humanitarian law

More

Swiss banks caught in US mortgage slump

More

Caritas helps rebuild south Sudan

More

Reform plans pruned for the farming sector

More

National Bank raises interest rate once more

More

Zurich airport on the up and up

More

Swiss issue key climate report

More

Chinese cars gun for European market

Popular Stories

Most Discussed