Archive – Banking & Fintech

Bern backs out of tank deal with Chile

This content was published on Nov 20, 2005 The defence ministry also said it intended to redefine its policy on selling used war material. In a statement on Sunday, the ministry confirmed that it was pulling out of the sale of the Leopard II tanks after taking a close look at the costs and benefits. It commented that the offer made to Chile…

Couchepin says investing in knowledge essential

This content was published on Nov 19, 2005 He was speaking at the end of celebrations marking 150 years of the Federal Institute of Technology in Zurich (ETH). He said that the historic partnership between the institute and the business community was vital for Switzerland’s success. It therefore had to be continued and widened. During the anniversary speech, Couchepin commented that investment was…

Stop The Shoppers: Mambogimp

This content was published on Nov 19, 2005

Swiss Re to become world number one

This content was published on Nov 18, 2005 The firm said on Friday that it would purchase American group GE Insurance Solutions for $6.8 billion (SFr9.01 billion). The GE insurance division is the fifth largest reinsurer worldwide, with total assets of $41.5 billion. This does not include the United States company’s life and health business, which are not part of the deal. In…

NGOs disappointed with internet accord

This content was published on Nov 17, 2005 Under a compromise reached on the eve of the World Summit on the Information Society (WSIS), a California-based organisation will remain in charge of the web. Icann, the non-profit Internet Corporation for Assigned Names and Numbers, was set up by the US Department of Commerce in 1998 to take over a number of internet-related tasks…

Farmers man the barricades

This content was published on Nov 17, 2005 They are opposed to a government reform programme designed to increase competitiveness and liberalise the sector. “There are 400,000 Swiss affected by the 2011 reforms [known as AP 2011],” Jacques Bourgeois, head of the Swiss Farmers’ Association, told swissinfo. He added that not only farmers would be hurt, but everyone working in the food sector.…

Consumers develop taste for bottled water

This content was published on Nov 16, 2005 But while local brands are doing well at home, they are struggling to gain a toehold on the thriving international market for bottled waters. Switzerland is known for its abundance of water resources. Its rivers, lakes and mountain streams feature on practically every tourist brochure and contribute to the country’s image. A wealth of statistics…

Farmers divided over GM technology

This content was published on Nov 16, 2005 While some are enthusiastic about GMOs, others say more research has to be done into their effects on farming and produce. The government has recommended rejecting the moratorium, saying that it is not necessary given the country’s already strict legislation on gene technology. This position has been backed up by a slim majority in parliament,…

Liquidator works away to wind up Swissair

This content was published on Nov 16, 2005 Wüthrich warns that it could take up to another decade before all the issues relating to the bankruptcy can be finally laid to rest. These include lawsuits against former board members of the SAirGroup regarding payments made to other companies shortly before the spectacular grounding of Swissair on October 2, 2002 over a lack of…

Tunisian authorities scuffle with foreign media

This content was published on Nov 15, 2005 On the eve of the summit in Tunis, such coercion has increased but the Swiss said they hoped that the proceedings, which open on Wednesday, would not be a step backwards. “Welcome to the country of tolerance, solidarity, openness and dialogue”, proclaimed the banner fluttering between two palm trees just outside the airport. On Friday…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Bern backs out of tank deal with Chile

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Couchepin says investing in knowledge essential

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Stop The Shoppers: Mambogimp

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Swiss Re to become world number one

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NGOs disappointed with internet accord

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Farmers man the barricades

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Consumers develop taste for bottled water

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Farmers divided over GM technology

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Liquidator works away to wind up Swissair

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Tunisian authorities scuffle with foreign media

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