Archive – Banking & Fintech

Young drivers face tough new rules

This content was published on Nov 30, 2005 The government wants young people to undergo a mandatory two days of extra training during this time as a way of cutting the high number of road accidents caused by new drivers. The new rules affect all those who apply for their first provisional licence for cars and motorcycles after December 1. Officials say the…

Swisscom confirms talks with government

This content was published on Nov 30, 2005 But European telecoms analyst Elie Cohen believes the company faces disaster unless an emphatic decision on full privatisation is taken soon. Swisscom’s announcement comes after Swiss Communications Minister Moritz Leuenberger revealed that the decision to privatise Swisscom was only taken after hefty debate in cabinet. On Wednesday Swisscom ended days of speculation about the state…

OECD forecasts healthy growth for Swiss economy

This content was published on Nov 29, 2005 In its autumn report for the world economy, the OECD said on Tuesday that exports and investment would boost Swiss output without fuelling inflation. The organisation, which represents the world’s 30 leading industrialised nations, said on Tuesday that the improved economic situation would also improve the Swiss job market and encourage consumption. “Whereas higher oil…

Richest Swiss get richer still

This content was published on Nov 29, 2005 Bilanz’s annual survey of the country’s richest citizens found that the majority had benefited from a stock-market upturn and strong performance in the luxury-goods sector. Magazine editor Stefan Lüscher told swissinfo that the top 300 Swiss – including foreign residents who have made their home in Switzerland – were collectively worth SFr400 billion ($306 billion).…

Budget set for rough ride in parliament

This content was published on Nov 28, 2005 Opposition to the government’s budget plan is so great that Finance Minister Hans-Rudolf Merz has warned of the consequences if it is rejected. The cabinet is proposing a budget of around SFr53 billion ($40 billion) resulting in a deficit of SFr697 million. Through a series of public-spending cuts the government has been trying to reduce…

Novartis sheds remains of food business

This content was published on Nov 28, 2005 The company said on Monday it had agreed to sell its Nutrition & Santé unit to private equity group ABN Amro Capital France for €220 million (SFr340 million). The deal is on a cash and debt-free basis and will close in the first quarter of 2006, subject to regulatory approval. The sale had long been…

Scepticism and conservatism key to vote

This content was published on Nov 28, 2005 The newspapers agree that scepticism and conservatism prevailed in the face of uncertainty about the future. A proposal for a moratorium on GMOs (genetically modified organisms) in Swiss agriculture was accepted by 55.7 per cent of voters, while a narrow majority – 50.6 per cent – approved easing restrictions on Sunday shopping at major railway…

Swiss consumers side with GM opponents

This content was published on Nov 27, 2005 Final results show almost 56 per cent of voters and all the country’s 26 cantons backed a people’s initiative for a temporary moratorium on GMOs. While those who had campaigned for a moratorium were jubilant, opponents said they would work to ensure the issues were properly explained to the Swiss people. “Of course we are…

Swiss back GM moratorium and Sunday shopping

This content was published on Nov 27, 2005 By a wafer-thin majority the electorate also endorsed plans to ease restrictions on Sunday shopping, which had been challenged by trade unions. Final results show 55.7 per cent of voters approved a people’s initiative put forward by environmentalists and consumers groups for a temporary ban on GMOs in agriculture. All 26 cantons came out in…

Swiss back GMO moratorium and labour law

This content was published on Nov 27, 2005 The electorate also narrowly approved a plan to ease restrictions on Sunday shopping, which was challenged by trade unions. Near-final results show almost 56 per cent of voters approving a people’s initiative for a temporary ban on GMOs. All the country’s 26 cantons backed the proposals by environmentalists and consumer groups. The ballot on the…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Young drivers face tough new rules

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Swisscom confirms talks with government

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OECD forecasts healthy growth for Swiss economy

More

Richest Swiss get richer still

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Budget set for rough ride in parliament

More

Novartis sheds remains of food business

More

Scepticism and conservatism key to vote

More

Swiss consumers side with GM opponents

More

Swiss back GM moratorium and Sunday shopping

More

Swiss back GMO moratorium and labour law

Popular Stories

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