Banking & Fintech Archives - Page 1236 of 1641

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Esmertec tops up its second round

This content was published on Apr 12, 2002 The figure is only an estimate because the company only publicly disclosed that the investment “extended its ongoing round of financing to a total of EUR 10 Million”. In other words, the investment by Sofinnova brings the total amount of money the young company has raised in the past six months to €10 million. Esmertec…

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Product recall hammers Sulzer Medica figures

This content was published on Apr 11, 2002 The legal problems were prompted by a recall of hip shells and knee plates, which required thousands of mainly elderly patients to undergo revision surgery. At a news conference in Zurich, the company’s management said it was confident that a settlement totalling almost $1 billion would be accepted at a final fairness hearing next month…

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Nestlé sales up ten per cent

This content was published on Apr 11, 2002 Most analysts expected the company to reach a real internal growth (RIG) – a measure that removes the effects of price changes, currency movements and acquisitions – of around four percent, rather than the actual 3.3 percent announced on Thursday. swissinfo with agencies

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Nextrom ventures into photonics automation

This content was published on Apr 11, 2002 Nextrom Photonics makes, sells, and integrates photonics automation equipment for the world’s leading optical manufacturers, all of whom are customers of its parent company. They include Nortel Networks, Lucent, Alcatel, and Corning. It is an independent company that belongs to a new breed of ambitious photonics automation companies emerging here – others include Dr Tresky…

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Banker Roth says franc’s safe haven role changed

This content was published on Apr 10, 2002 Roth told swissinfo on Wednesday that the aftermath of the terror attacks on September 11 and the current tensions in the Middle East had shown this. “Traditionally the Swiss franc has been a safe haven currency but we observed after September 11 and what we observe now in the Middle East is that probably the…

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Wine, women in Morges

This content was published on Apr 10, 2002 Wine is one of Switzerland’s best-known secrets. The Swiss cleverly keep most of it for themselves. But as in many other countries, it is still very much a male-dominated profession. There is, of course, no reason why women should not be just as talented in the cellar as men, and that is precisely what the…

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Swiss Re counts cost of September 11

This content was published on Apr 10, 2002 The figure is slightly better than the SFr200 million loss forecast by Zurich-based Swiss Re back in February, but it pales in comparison to the SFr2.96 billion profit registered in 2000. The loss includes the SFr2.95 billion cost of the September 11 attacks and a reduction in net realised investment gains of SFr1.61 billion. Swiss…

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Swiss Re counts cost of September 11

This content was published on Apr 10, 2002 The figure is slightly better than the SFr200 million loss forecast by Zurich-based Swiss Re back in February, but it pales in comparison to the SFr2.96 billion profit registered in 2000. The loss includes the SFr2.95 billion cost of the September 11 attacks and a reduction in net realised investment gains of SFr1.61 billion. Swiss…

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Use of child attention disorder drug on the rise

This content was published on Apr 9, 2002 A new study by the federal health office in canton Neuchâtel has shown a seven-fold increase in prescription of the medication over a five-year period. Between 1996 and 2000, the number of patients prescribed Ritalin rose from 76 to 433; while the yearly-prescribed dose of Ritalin went up from 224 grams to 1,769 grams. In…

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Mogid gets new CEO and new investors

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Esmertec tops up its second round

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Product recall hammers Sulzer Medica figures

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Nestlé sales up ten per cent

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Nextrom ventures into photonics automation

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Banker Roth says franc’s safe haven role changed

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Wine, women in Morges

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Swiss Re counts cost of September 11

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Swiss Re counts cost of September 11

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Use of child attention disorder drug on the rise

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