Archive – Banking & Fintech

Discontent within business federation widens

This content was published on May 23, 2006 The reasons seem to be widely differing interests within the Swiss business community, Martin Spieler, editor of the weekly Handelszeitung business newspaper, tells swissinfo. The Swiss Master Builders’ Association on Tuesday followed Swissmem – the umbrella organisation of the engineering industry – in announcing it was considering leaving the federation at the end of the…

OECD bets on upbeat Swiss economy

This content was published on May 23, 2006 But the Paris-based grouping warned on Tuesday that the improved outlook should not lead the Swiss government to cease efforts to control spending and implement reforms. The OECD revised its 2006 forecast for the Swiss economy upwards on Tuesday from 1.7 per cent to 2.4 per cent. In 2007, growth is set to ease slightly…

Experts warn of higher alcohol risk for young

This content was published on May 23, 2006 The report from the Swiss Institute for the Prevention of Alcohol and Drug Problems in Lausanne warns that this figure probably represents just the tip of the iceberg. The study – released on Tuesday and covering the year 2003 – found that 1,300 adolescents and young adults between the ages of ten and 23 were…

Swiss bourse unmoved by NYSE bid for Euronext

This content was published on May 22, 2006 The Swiss stock exchange SWX repeated on Monday that it wouldn’t yield to takeover advances, a day before Euronext shareholders decide on bids from the New York Stock Exchange (NYSE) and Deutsche Börse. Hilary Cook, director of investment strategy at Barclays Stockbrokers in London, says consolidation across Europe’s bourses is only a matter of time,…

China grants licence to Zurich Financial

This content was published on May 22, 2006 The Swiss company said on Monday the business license was granted after approval from China’s insurance regulatory commission. “We are excited about the opening of our Beijing branch as it is in step with our strategy to grow profitably and serve our customers wherever they may do business,” commented Zurich’s chief executive James Schiro in…

Breaking through the corporate glass ceiling

This content was published on May 21, 2006 The number of women in top management positions and on company boards is growing, but at the current rate corporate gender equality will not be achieved until 2076. “I am proud to have been chosen by one of the flagships of the Swiss economy. I am also honoured to be the first women to be…

Swisscom privatisation given one last chance

This content was published on May 20, 2006 The committee announced its decision on Saturday, only ten days after the House of Representatives rejected any moves towards privatisation. The committee’s recommendation was far from a ringing endorsement of the cabinet’s intention to sell its 62.45 per cent stake in Swisscom, which would boost the state’s coffers by up to SFr16 billion ($13.12 billion).…

Stately Simplon celebrates centenary

This content was published on May 20, 2006 Officially inaugurated on May 19, 1906, it was for many years the longest in the world but it has never caught the spotlight as much as another major alpine tunnel – the Gotthard. “The Simplon tunnel has been in the shadow of the Gotthard tunnel for a long time, but actually it’s a very important…

“Coalition” needed to fight poverty in Africa

This content was published on May 20, 2006 Serge Chappatte, deputy director of the Swiss Agency for Development and Cooperation (SDC), also demanded renewed efforts to combat corruption, which he labelled a “significant tax” on economic development. Addressing the annual meeting of the African Development Bank (ADB) in Burkina Faso, Chappatte noted that the continent enjoyed sustained annual growth of around five per…

Celebrations crown centenary of the Simplon

This content was published on May 19, 2006 The centenary was also an occasion to reflect on the 67 workers who died building the Simplon, the longest rail tunnel in the world until 1988. The 19.8 kilometre-long tunnel begins south of the town of Brig in canton Valais and ends at Iselle on the Italian side. The railway then descends an incline before…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Discontent within business federation widens

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OECD bets on upbeat Swiss economy

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Experts warn of higher alcohol risk for young

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Swiss bourse unmoved by NYSE bid for Euronext

More

China grants licence to Zurich Financial

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Breaking through the corporate glass ceiling

More

Swisscom privatisation given one last chance

More

Stately Simplon celebrates centenary

More

“Coalition” needed to fight poverty in Africa

More

Celebrations crown centenary of the Simplon

Popular Stories

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