Banking & Fintech

Swiss underwear maker, Triumph, accused of dirty tactics

This content was published on Aug 29, 2000 According to the Clean Clothes Campaign, which fights for fairer working conditions around the world, the unionised workers lost their jobs following a strike in February. It says the workers walked out after the management turned down their demand for a daily wage of SFr20 ($12). When Triumph said it was prepared to pay SFr14…

Tourism industry sets out to sell Autumn in Switzerland

This content was published on Aug 29, 2000 Overnight stays are up more than six per cent since the beginning of the year and Switzerland Tourism hopes to keep up the momentum through the traditionally slow months of September and October. On Tuesday at Zurich’s main station, the director of Switzerland Tourism, Jürg Schmid, symbolically launched the campaign by unveiling a train engine…

Bidders named for UMTS licences

This content was published on Aug 29, 2000 Announcing the list of bidders on Tuesday, the Federal Office for Communications said the auction of the four UMTS licences should last between two and four weeks. The 10 companies permitted to bid are Swisscom, Diax (through its affiliate, dSpeed), Orange, Sunrise, Cablecom Management, Hutchison 3G Europe, Team 3G, Teldotcom, Telenor Mobile Communications and T-Mobile…

Post Office takes lead in job creation

This content was published on Aug 29, 2000 The fourth survey of job-creating companies by the business publication, Bilanz, shows the American fast food chain, McDonalds, knocked off the top spot for the first time. It fell to fifth position after taking on just over 500 people in the same time period. The booming telecommunications sector took second and third position. Diax added…

Von Roll sees profits fall despite improved sales

This content was published on Aug 29, 2000 Net profit came in at SFr1 million ($580,000) compared to SFr4 million for the same period last year. Sales grew by nine per cent to SFr870 million. New orders were slightly up at SFr923 million. The company said one-off financial charges and a higher tax burden brought down net profit. It attributed the improved sales…

Threat from gene technology tops agenda at organic farming meeting

This content was published on Aug 29, 2000 The gathering, which kicked off on Monday in Basel, is the world’s largest of its kind to date, with over 500 scientists and experts attending. Experts, farmers’ representatives and consumer organisations are holding four days of talks at the 13th Scientific Conference of the International Federation of Organic Agriculture Movements (IFOAM). The meeting, sponsored by…

Dairy farmers warned to cut costs

This content was published on Aug 29, 2000 That’s the conclusion of a study by the Federal Institute of the Rural Economy, released on Tuesday. It warned that Swiss dairy producers would need to cut their prices by around 25 to 30 centimes per kilogramme of milk over the next 10 years, if they are to compete with European Union producers. The study,…

Clariant reports stable figures

This content was published on Aug 29, 2000 First-half net profit edged up to SFr281 million ($164 million) from SFr277 million for the same period last year. The Basel-based company says profit margins have been hit by the cost of its takeover of the British chemical company, BTP. However, it said it expected an improved situation for the second half of the year.…

Swisscom’s operating profit tumbles

This content was published on Aug 29, 2000 The figure of SFr1.1 billion is down a third on the corresponding numbers for the previous year. Sales, however, were up by 33.4 per cent due to the full consolidation of the German mobile operator, debitel. Net profit almost doubled to SFr2.4 billion on asset gains made through the sale of Swisscom’s one-third stake in…

Bluewin to offer on-line shopping access

This content was published on Aug 29, 2000 Primus Online’s shopping network will become available in the autumn through the address www.bluewin.ch. Primus Online has already set up a similar venture with an Austrian internet provider to establish itself as one of the leading e-commerce companies in the German-speaking world. Bluewin, owned by Switzerland’s largest telecommunications operator, Swisscom, will hold 51 per cent…

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Banking & Fintech

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Swiss underwear maker, Triumph, accused of dirty tactics

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Tourism industry sets out to sell Autumn in Switzerland

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Bidders named for UMTS licences

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Post Office takes lead in job creation

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Von Roll sees profits fall despite improved sales

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Threat from gene technology tops agenda at organic farming meeting

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Dairy farmers warned to cut costs

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Clariant reports stable figures

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Swisscom’s operating profit tumbles

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Bluewin to offer on-line shopping access

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