Archive – Banking & Fintech

Art collectors flock to thriving Swiss market

This content was published on Aug 27, 2006 Claudia Steinfels places Switzerland as the fourth largest market globally, close on the heels of France, and says Art Basel is the biggest and best modern art fair in the world. The financial centre of Zurich has also profited from an art boom with several new galleries opening in recent years to cash in on…

Threat of taxi war hangs over Geneva

This content was published on Aug 25, 2006 Claiming that the move amounts to unfair competition, the Geneva Taxi Drivers Union has warned of confrontations between drivers and the possibility of strike action. On Wednesday the local government adapted the law on taxis and limousines to bring the canton into line with recent changes to labour market regulations. From now on taxi drivers…

swiss in space

This content was published on Aug 24, 2006

Cement giant to sell South African business

This content was published on Aug 24, 2006 Thursday’s news came as the world’s second-largest cement maker announced its first-half results, posting a 44 per cent jump in profit to SFr1.088 billion, in line with analysts’ expectations. The Swiss company agreed to sell 85 per cent of its stake in Holcim South African to a consortium of workers and black investors led by…

Swatch boosts bottom line by a quarter

This content was published on Aug 24, 2006 Sales at the maker of brands such as Omega and Tissot rose 13 per cent to SFr2.35 billion, against strong demand for luxury timepieces. Swatch said on Thursday sales across all segments were healthy, but particularly in the top price category. Earnings at markets of luxury goods are particularly sensitive to changes. Analysts point out…

Economic growth expected for rest of year

This content was published on Aug 23, 2006 The engineering industry also reported “gratifying” first half-year figures, but the news came on the same day the government warned about rising levels of public debt. KOF said on Wednesday that the Swiss economy had considerably picked up momentum over the first half of 2006 and would continue to stay healthy for the second six…

D’ Schwiz / La Suisse / La Svizzera / La Svizra / Switzerland

This content was published on Aug 23, 2006

Big holes appear in Emmental exports

This content was published on Aug 23, 2006 The holey cheese, known as Swiss cheese in North America, is not only suffering from the consequences of a more liberalised domestic market, but also from large-scale foreign competition. According to figures published by the Swiss Cheese Organisation earlier this month, following a small downturn in 2005, exports of Emmental dropped by 14.5 per cent…

Breeding problems may silence rare dog’s bark

This content was published on Aug 23, 2006 The indigenous Swiss animal, also known as the Appenzell Cattle or Mountain Dog, has been used in the herding of cattle in the eastern canton for 500 years. According to the Appenzell Sennenhund Club, the dog was first described in a book, “Animal Life in the Alps” in 1853: “[It’s] a loud barking, short-haired, medium…

Nestlé reports a strong start to the year

This content was published on Aug 23, 2006 The world’s largest food company said on Wednesday results were largely due to good performances in its food, beverage and nutrition businesses, which grew by six per cent over the first six months. Nestlé said that sales had risen by 11 per cent to SFr47.138 billion as a result of growth in these particular sectors.…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Art collectors flock to thriving Swiss market

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Threat of taxi war hangs over Geneva

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swiss in space

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Cement giant to sell South African business

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Swatch boosts bottom line by a quarter

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Economic growth expected for rest of year

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D’ Schwiz / La Suisse / La Svizzera / La Svizra / Switzerland

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Big holes appear in Emmental exports

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Breeding problems may silence rare dog’s bark

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Nestlé reports a strong start to the year

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