Banking & Fintech

New anti-landmine system developed

This content was published on Nov 18, 1999 Anti-personnel mines litter the ground in war-torn countries. Its victims are often those left behind after the tanks and armoured vehicles have pulled out. But in Switzerland, a new bomb disposal system has been developed to help rid the world of these weapons. The new system has been developed at the Swiss Ammunition Enterprise Corporation…

Head of armaments signs second Florako contract

This content was published on Nov 17, 1999 The head of Swiss armaments, Toni Wicki, has signed a second contract, worth SFr152 million, for the acquisition of the Florako air surveillance system. The deal is with the United States-French consortium Raytheon-Thomson and was adopted by the Swiss parliament in the framework of the 1999 armaments programme. Swiss companies will take part in the…

InfoSurance aims to combat computer crime

This content was published on Nov 17, 1999 White collar crime has become relative child’s play with the advent of the Internet. There are fears that computer crime will rise as our society becomes more dependent on the web. Already today, computer criminals can hack into key systems which ensure our water supplies, communication and transport networks, or national security. A private foundation,…

Teachers call for more computers in schools

This content was published on Nov 16, 1999

The Swiss machine industry waits for recovery

This content was published on Nov 16, 1999 The Swiss mechanical and electrical engineering industries (Swissmem) says recovery is sluggish, with exports increasing by only one percent during the first nine months of the year and orders down by five percent. But the branch says it is optimistic and is counting on a clear improvement over the next few months. Swissmem says it…

IMF says Swiss economy on right track

This content was published on Nov 15, 1999 The International Monetary Fund says Switzerland’s economy is on a positive track. Activity is strengthening, unemployment has declined rapidly and inflation is low. In its annual examination of the Swiss economy, the IMF says the policy task now is to provide conditions for a continued upswing with low inflation. Looking forward, improving external conditions and…

Adtranz to cut 710 jobs in Switzerland

This content was published on Nov 12, 1999 The international railway systems group Adtranz has announced it’s closing its two Swiss plants, with the loss of 710 jobs by May 2001. Unions representing the 475 workers at Pratteln near Basel and the 235 employees at Oerlikon near Zurich say the decision is unacceptable. “The unions will defend their members against closure,” said Charles…

Three Gorges project on track, Swiss firm says

This content was published on Nov 11, 1999

Swiss banks say image is improving

This content was published on Nov 10, 1999 The image of Swiss banks is improving within Switzerland after several poor years, according to a new survey. Mergers, job losses and closures led to falling popularity in past years, but the banks now appear to be on the rebound. The banks’ approval rating among the Swiss population rose to 52 percent, according to the…

Preparations begin for Basel Carnival

This content was published on Nov 10, 1999

Banking & Fintech

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Banking & Fintech

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New anti-landmine system developed

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Head of armaments signs second Florako contract

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InfoSurance aims to combat computer crime

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Teachers call for more computers in schools

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The Swiss machine industry waits for recovery

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IMF says Swiss economy on right track

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Adtranz to cut 710 jobs in Switzerland

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Three Gorges project on track, Swiss firm says

More

Swiss banks say image is improving

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Preparations begin for Basel Carnival

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