Archive – Banking & Fintech

UBS rejects Corti’s Swissair accusations

This content was published on Feb 1, 2007 In a 19-page document published on Thursday out of court, Switzerland’s largest bank criticises the SAirGroup – Swissair’s parent group – for the delay of “several months” in restructuring the struggling national carrier. On Tuesday, Corti, who was chief executive of the SAirGroup during its last months of existence in 2001, told a Zurich court…

Austrian resort takes “soft” approach

This content was published on Feb 1, 2007 swissinfo journalist Dale Bechtel travelled by train to the village near Salzburg, and instead of having his mobility restricted, found the sustainable tourism offer was the key to greater freedom of movement. A shuttle bus picked me up at the nearest railway station, making the ride along the final 12km stretch as pleasant as the…

Tissot boss explains watch sector record

This content was published on Feb 1, 2007 François Thiébaud – president of the Tissot watch company – tells swissinfo that a Swiss watch is a trademark both for quality and respectability. The total value of watch exports last year was SFr13.7 billion, described by the Federation of the Swiss Watch Industry as a “remarkable result”. The federation, which is based in Biel,…

What drives skiers to the slopes?

This content was published on Feb 1, 2007 Even though Switzerland has one of the densest public transport networks in the world, it is fighting a losing battle convincing residents to leave their cars at home to reduce harmful carbon dioxide emissions. While the world envies the Swiss public transport system, the Swiss railways and bus line operators are in fierce competition with…

Foreign trade booms in 2006

This content was published on Feb 1, 2007 Exports increased by levels not seen for 30 years, while the value of imports also took off on the back of higher energy and raw material costs. Last year, exports grew by 12.9 per cent – or just over nine per cent in real terms – reaching a total of SFr177.2 billion ($142.6 billion) and…

Butter prices head for meltdown

This content was published on Jan 31, 2007 Earlier this week, the country’s largest retailer, Migros, announced that it was cutting prices by ten centimes, following the lead of rival Coop that has introduced its own brand and dropped prices. The supermarkets’ stance has gained consumer support, but the dairy industry – an important sector of Swiss agriculture – remains sceptical. Butter prices…

Syngenta seeks to overturn GM farm seizure

This content was published on Jan 31, 2007 The state government of Parana confiscated the 143-hectare property near the famous Iguaçu waterfalls last November after the governor decided the property would become an educational centre for environment-friendly agriculture. Syngenta has asked a state court in Parana for an injunction to stop the expropriation, saying it wants to continue research at the site and…

Switzerland enjoys new company boom

This content was published on Jan 31, 2007 According to figures released on Wednesday by debt collection agency Creditreform, the number of new firms opening for business in 2006 rose by over a third to 10,700. The construction sector, which includes architecture, engineering and construction material firms as well as estate agencies, registered the strongest growth, soaring by 75.6 per cent to 2,190…

Syngenta seeks to overturn GM farm seizure

This content was published on Jan 31, 2007 The state government of Parana confiscated the 123-hectare property near the famous Iguaçu waterfalls last November after officials claimed the firm’s research into genetically modified (GM) soya bean and corn was illegal. In a statement, Syngenta said the local authorities wanted to transform the property into an educational center for environment-friendly agriculture. The company asked…

Call to cut unhealthy hidden fats in food

This content was published on Jan 30, 2007 Researchers from Zurich’s Federal Institute of Technology met representatives of the Swiss food industry and health authorities on Tuesday to demand that something be done to reduce the levels of these harmful “hidden” fats. Trans fats, also called trans fatty acids, occur naturally in small amounts in dairy products and meat, but are also formed…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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UBS rejects Corti’s Swissair accusations

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Austrian resort takes “soft” approach

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Tissot boss explains watch sector record

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What drives skiers to the slopes?

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Foreign trade booms in 2006

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Butter prices head for meltdown

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Syngenta seeks to overturn GM farm seizure

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Switzerland enjoys new company boom

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Syngenta seeks to overturn GM farm seizure

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Call to cut unhealthy hidden fats in food

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