Archive – Banking & Fintech

Education accord signed with Chinese leaders

This content was published on Oct 27, 2006 Calmy-Rey is at the start of a five-day visit to China to discuss Sino-Swiss relations and to open a new Swiss consulate in Guangzhou province, one of the country’s most dynamic areas. The education agreement signed during a meeting with the Chinese education minister, Zhou Ji, sets out new guidelines regulating the granting of scholarships…

Leuthard in Italy to promote SMEs

This content was published on Oct 26, 2006 Leuthard gave a speech on Thursday to 200 people attending the first edition of “Genoa 2006 – The Meeting” organised to help support small and medium-sized businesses. The ministers were meeting to help further stimulate the already flourishing trade between both countries. Italy overtook France some two years ago as Switzerland’s second largest trading partner,…

Tunnel stop

This content was published on Oct 24, 2006

New barometer shows small businesses booming

This content was published on Oct 24, 2006 Switzerland’s largest bank UBS said the barometer filled a major void in the range of economic policy instruments. The bank joined forces with the Swiss Association of Small and Medium-sized Enterprises to create the new tool. More than half of SMEs registered higher sales in the third quarter of 2006 and ten per cent raised…

Lonza expands biopharmaceutical business

This content was published on Oct 24, 2006 The deal to purchase the units, Research Bioproducts and Microbial Biopharmaceutical, will strengthen Lonza’s biopharmaceutical business. The Basel-based group said the purchase, together with the upcoming initial public offering (IPO) of its Polynt SpA polymers unit, would lead to a better financial performance in coming years. “These acquisitions and the IPO of Polynt accelerate the…

Safety remains the rule at Gotthard

This content was published on Oct 23, 2006 Swiss authorities are now hoping that with improved security, the chances of another catastrophic accident are now reduced, even if it cannot be totally ruled out. The fire on October 24, 2001, in which 11 people died, was caused by a head-on collision between two trucks and resulted in major structural damage to the tunnel.…

Nestlé backtracks on Cailler packaging fiasco

This content was published on Oct 23, 2006 Sales of Cailler confectionary plummeted after a disastrous rebranding exercise in February that fell foul of environmental groups, retailers and customers. The media speculated at the weekend that the blunder may cost the boss of Nestlé Switzerland, Nelly Wenger, her job. However, Nestlé told swissinfo they would welcome back Wenger, who is currently off work…

Swiss look to free trade after WTO failure

This content was published on Oct 22, 2006 The head of the State Secretariat for Economic Affairs (Seco), Jean-Daniel Gerber, said in a newspaper interview on Sunday that the agreements would have to be considered the “second best solution”. The Doha Round of world trade talks collapsed in July after the breakdown of negotiations in Geneva between the six leading members of the…

Climate Cent Foundation has good first year

This content was published on Oct 19, 2006 The Climate Cent Foundation is optimistic that the contractual targets set by the Swiss government will be met. In an agreement with the government, the Foundation has committed itself to achieving CO2 emissions reductions amounting to nine million tons over 2008-2012. The Foundation – made up of representatives of industry, oil and gas companies, the…

Green wine

This content was published on Oct 18, 2006

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