Archive – Banking & Fintech

Dark chocolate “good for the heart”

This content was published on Dec 21, 2005 But chocolate lovers should be aware that only small daily quantities of high cocoa dark chocolate score health points. Milk and white chocolate don’t offer much more than calories. “Only a small daily treat of dark chocolate may substantially increase the amount of antioxidant intake and beneficially affect vascular health,” the report’s authors said. Researchers…

Gaydoul is voted top entrepreneur of 2005

This content was published on Dec 21, 2005 Second was Peter Sauber, head of the Sauber Formula 1 racing team, with the CEO of chocolate maker Lindt & Sprüngli, Ernst Tanner, taking third place. The 33-year-old Gaydoul was cited by economics journalists for his successful growth strategy in a poll conducted by the Handelszeitung weekly newspaper. By taking over the Pick Pay chain…

Nestlé says “no room for mediocrity in China”

This content was published on Dec 21, 2005 Josef Müller, head of Nestlé China, says that although the country has the single largest customer base, companies doing business there have to cope with the rapid speed of change. “China is a cluster of many, many markets in itself,” he told swissinfo on the sidelines of a conference in Zurich on the opportunities and…

Swiss struggle to keep up with research demand

This content was published on Dec 20, 2005 A survey shows that one in four research and development (R&D) graduate posts in Switzerland is filled by a foreigner while a third of all jobs in the sector go to non-Swiss. The results of the joint report by the Federal Statistics Office and Swiss Business Federation, economiesuisse, were released in Zurich on Tuesday. Andrea…

Natural disasters cost Swiss Re dear

This content was published on Dec 20, 2005 The reinsurance giant estimates total damage at about $225 billion (SFr290.4 billion), but says only $80 billion of this amount was insured. Hurricane Katrina, which struck the United States in August, is alone expected to engender claims of $45 billion, making it the costliest insured single event. “The ongoing warm phase that has been measurable…

BSE almost eradicated in Switzerland

This content was published on Dec 20, 2005 Switzerland has been cited as a good role model in the fight against Bovine Spongiform Encephalopathy and Swiss expertise has been deployed abroad. The latest figures confirm the steady fall in the numbers of new BSE cases in the national herd since 2001. Marcel Falk of the Federal Veterinary Office told swissinfo that it was…

Novartis gives Berna Biotech a boost

This content was published on Dec 19, 2005 It had appeared that the sale of Berna Biotech to Novartis’s smaller Dutch rival Crucell was already a done deal. Berna Biotech’s stock was up 12.5 per cent at SFr15.30 ($11.80) at close of trade on Monday after Novartis said it was looking at Berna’s books with a view to bidding for the firm and…

Deiss says Switzerland can live with WTO accord

This content was published on Dec 19, 2005 The WTO conference ended on Sunday with member countries agreeing to eliminate all forms of agricultural export subsidies by 2013. A declaration guarantees the continuation of the so-called Doha Round of liberalisation negotiations, which the WTO wants to complete by the end of 2006. The round takes its name from the capital of Qatar where…

Samih Sawiris’s alpine resort

This content was published on Dec 19, 2005 Sawiris is head of the Hotels and Development division of his family’s Orascom Group. Sawiris has yet to draw up a plan for his first alpine resort, but says it will include an 18-hole golf course and swimming pool complex with a sandy beach. Its hotels and holiday apartments will have at least 800 rooms.…

High salaries not matched by purchasing power

This content was published on Dec 19, 2005 However, when purchasing power was taken into account, the Germans emerged as the real winners among the six countries surveyed. The poll, published on Monday by internet job portals, jobpilot.ch and monster.ch, found that Swiss employees earned around 20 per cent more than their German neighbours. But it noted that the cost of living is…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Dark chocolate “good for the heart”

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Gaydoul is voted top entrepreneur of 2005

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Nestlé says “no room for mediocrity in China”

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Swiss struggle to keep up with research demand

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Natural disasters cost Swiss Re dear

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BSE almost eradicated in Switzerland

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Novartis gives Berna Biotech a boost

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Deiss says Switzerland can live with WTO accord

More

Samih Sawiris’s alpine resort

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High salaries not matched by purchasing power

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