Banking & Fintech

Nestlé seeks larger share of ice-cream market

This content was published on Dec 27, 2000 Nestlé confirmed that it was seeking to buy the stake in Ice Cream Partners, a joint venture set up with the United States firm, Pillsbury, last year. If the bid is successful, it is expected to cost the Swiss firm about $650 million (SFr1.1 billion). Under the deal, Nestlé would acquire Pillsbury’s 50 per cent…

Festive drinkers given safe rides home

This content was published on Dec 26, 2000 As many as 3,766 people have been delivered safely to their front doors by volunteers of the “Red Nose” service – or “Nez Rouge”, as it is known locally. Anyone who feels incapable of driving, whether because of too much alcohol or drugs or simply because they feel too tired to get behind the wheel,…

Swiss bosses bow out in favour of younger managers

This content was published on Dec 26, 2000 High-level departures are commonplace in the United States, and now it seems the trend is taking hold in Switzerland, following a year of resignations at some of the country’s top firms. In Switzerland, such departures are usually presented as amicable partings by all concerned, but the scale of this year’s resignations suggests that companies are…

Swiss turn to Internet for books

This content was published on Dec 26, 2000 Online book retailers reported their best months yet in November and December – traditionally the strongest period of the year. The retailer “www.buch.ch” said sales for December had doubled compared to the same period last year. Others, such as “www.lesen.ch”, “www.bol.ch”, and “www.books.ch”, also reported strong sales, and said they expected the market to continue…

Luxury hotel offers the high life

This content was published on Dec 26, 2000 Nearly 40 years after the Riffelalp Grand Hotel was destroyed by fire, a five-star resort has risen from the ashes, perched on a plateau 2,222 metres above sea level. Building a hotel at this altitude poses all sorts of logistical problems. “Securing the foundations took more than two months,” explains architect and project manager, Roman…

Swiss shoppers go on holiday spending-spree

This content was published on Dec 25, 2000 According to a survey conducted by the Swiss Public Opinion Institute, the Swiss spent SFr 2.5 billion ($1.5 billion) during the holiday gift-buying season this year. That works out to roughly SFr 420 ($253) per person. Almost 60 per cent of those surveyed said they spent more money this Christmas than during the past five…

A pioneering entrepreneur in Lausanne

This content was published on Dec 25, 2000 For the past 18 months, she has been head of CREATE, the Institute’s new Chair of Entrepreneurship and Innovation, a unique position in Switzerland. She says that courses offer a realistic taste of entrepreneurship to those actively engaged in hi-tech ventures or seriously considering starting a business. The advice on offer is aimed at encouraging…

Cash card crash marks last day of Christmas shopping

This content was published on Dec 24, 2000 Sunday’s disruption only affected those trying to use Credit Suisse automatic teller machines with EC-direct cards. The Credit Suisse hotline said they were trying to figure out the cause of the breakdown and repair the system. Clients whose card was swallowed by the machines would be returned by post. Telekurs AG, which manages electronic payments…

Economics minister calls for Internet access for all schools

This content was published on Dec 24, 2000 In an interview with the French-speaking “Le Matin” newspaper, Couchepin restated the government’s goal of wiring all schools to the world wide web and outlined measures that have been taken so far to achieve this. “There will be a partnership between the cantons, heads of primary schools and the government. The Swiss authorities will contribute…

Christmas dinners from Geneva to St Gallen

This content was published on Dec 24, 2000 Unlike the British, who always eat turkey, the Swedes who opt for ham, and the Germans who insist on carp, the Swiss have never settled on a single Christmas dinner meal. Most people work until mid-afternoon on December 24, even though their biggest Christmas celebration takes place that evening. In most households, the tree –…

Banking & Fintech

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Banking & Fintech

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Nestlé seeks larger share of ice-cream market

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Festive drinkers given safe rides home

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Swiss bosses bow out in favour of younger managers

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Swiss turn to Internet for books

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Luxury hotel offers the high life

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Swiss shoppers go on holiday spending-spree

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A pioneering entrepreneur in Lausanne

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Cash card crash marks last day of Christmas shopping

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Economics minister calls for Internet access for all schools

More

Christmas dinners from Geneva to St Gallen

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