Banking & Fintech

Rising energy costs fuel increase in producer/import prices

This content was published on Oct 16, 2000 The figures, released by the Federal Statistics Office on Monday, underline the rising price pressures facing the Swiss economy. The combined index was unchanged on a monthly basis in August. The Federal Statistics Office said higher heating oil and fuel prices accounted for around half of the year-on-year rise in import prices. The latest figures…

World Health Organisation seeks to stub out cigarette smoking

This content was published on Oct 16, 2000 The options being considered range from a total ban on advertising and sponsorship by tobacco companies, to measures to dissuade young people from taking up smoking. Other strategies listed in the proposed treaty include a ban on smoking in public places and tax increases to make cigarettes more expensive. Tobacco manufacturers fiercely oppose the plan,…

ABB takes plunge into new underwater venture

This content was published on Oct 16, 2000 The two companies have signed a memorandum of understanding to work together to develop new technologies and services. Goran Lindahl, president and chief executive of ABB, said the two companies were well placed to work together. “We will combine Schlumberger reservoir evaluation, development and management experience… with ABB’s sub-sea knowledge expertise. No financial details of…

Federal commission proposes reform of family allowance system

This content was published on Oct 16, 2000 The Federal Coordination Commission on Family Questions on Monday proposed a standardised programme to replace the existing system, which varies in all of Switzerland’s 26 cantons. “Each canton has its own system and there are big differences among them. It’s not very efficient,” said commission president, Jürg Krummenacher. The reform would be based on a…

The business week ahead

This content was published on Oct 15, 2000 The Swiss franc has been attracting “safe-haven” status amid turbulence on world stock markets and troubles in the Middle East. However, the US dollar has so far remained the overall winner and looks set to continue on its stronger path against both the euro and the Swiss franc. On the corporate front, Ciba Specialty Chemicals…

Deiss promises Bangladesh investment boost

This content was published on Oct 14, 2000 Deiss, who is on a tour of Asian states, arrived in Bangladesh late on Friday. It is the first ever visit by a Swiss minister to the South Asian nation. Deiss told a news conference that he had signed an agreement on promotion and reciprocal protection of investment, which would create new opportunities for both…

Week in Switzerland

This content was published on Oct 14, 2000 The first stop was Thailand, where Deiss was accorded the honour of a meeting with King Bhumibol. He also held talks with political leaders, including the prime minister, Chuan Leekpai, and discussed a joint treaty on the exchange of prisoners with his Thai counterpart, Surin Pitsuan. From Thailand, Deiss moved on to the Philippines and…

The business week in review

This content was published on Oct 14, 2000 The week began with the French-language newspaper “Le Temps” revealing how Swiss companies were some of the leading foreign contributors to the coffers of the United States presidential campaigns. Swiss firms have contributed $1.2 million (SFr2.1 million) to the Republican Party, the newspaper reported. Switzerland’s largest watchmaking group, Swatch, announced on Monday that is was…

New consulate aims to reflect more open Switzerland

This content was published on Oct 14, 2000 From the outside, the Swiss House is a plain one-storey building. But walk through its front doors and you are confronted with an open-plan, loft-style layout with wooden floors and glass walls. One side of the room is taken up by a “digital wall” and a “knowledge café” helps visitors relax. “It’s important that if…

Swiss start-ups to learn from American experience

This content was published on Oct 14, 2000 The consulate, known as the Swiss House for Advanced Research and Education (SHARE), is being billed as the first in the world devoted to science and technology. It hopes to establish fruitful links between Swiss universities and their equivalents in the Boston area, such as Harvard and MIT. But it is also interested in encouraging…

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Banking & Fintech

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Rising energy costs fuel increase in producer/import prices

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World Health Organisation seeks to stub out cigarette smoking

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ABB takes plunge into new underwater venture

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Federal commission proposes reform of family allowance system

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The business week ahead

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Deiss promises Bangladesh investment boost

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Week in Switzerland

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The business week in review

More

New consulate aims to reflect more open Switzerland

More

Swiss start-ups to learn from American experience

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