Banking & Fintech

Out & About in Switzerland: Crans Montana is for early birds

This content was published on Aug 28, 2000 People willing to get up at the crack of dawn can join an outing, which the tourist office calls: “A morning on the alpine pasture of Colombire”. It all starts on the Alp at six o’clock when participants, weather permitting, will be rewarded with a view of the sunrise over some of the majestic 4,000-metre…

Nestlé pays SFr25 million to join Holocaust settlement

This content was published on Aug 28, 2000 Nestlé said it was contributing to the settlement because some of the companies, which it owns, had used slave labour during the Second World War. In a statement, the company said: “…some corporations of the Nestlé group that were active in countries controlled by the [Nazi] regime employed forced labourers.” It added that its participation…

Out & About in Switzerland: Steaming over the Brünig pass

This content was published on Aug 28, 2000 The round trip starts in Interlaken in the Bernese Oberland and chugs along to Brienz and Meiringen before climbing over the Brünig to Giswil in canton Obwalden. The Ballenberg Steam Railway was founded 15 years ago to keep on track two steam engines destined for the Ballenberg Open Air Museum. Both were built by the…

Swiss discuss strategy in face of mounting pressure over banking secrecy

This content was published on Aug 28, 2000 The commission, chaired by a Social Democrat member of parliament, Rudolf Strahm, is to hold hearings in Berne with the finance minister, Kaspar Villiger, and representatives of the Federal Banking Commission and Federal Police Office. Originally, the idea was to invite representatives of the European Union and Organisation for Economic Development and Cooperation – at…

Two killed in air crashes

This content was published on Aug 28, 2000 It is not yet known what caused the crashes, which occurred within five minutes of each other and only 20 kilometres apart. Police in canton Graubünden said the German-registered aircraft came down in the Bever valley, on the south side of the Albula pass, after catching fire. The Swiss air rescue service, Rega, said it…

Privatised Zurich airport shows six month profit

This content was published on Aug 28, 2000 On Monday the airport’s management said it was satisfied with the result even though profit margins fell compared to the same period last year. The company said the bottom line was hit by business taxes, which were not levied when the airport was in state hands. The first half of the year saw investment increase…

Swiss air traffic controllers under pressure

This content was published on Aug 28, 2000 Swisscontrol, the group responsible for controlling the country’s air space, says it needs to recruit another 40 people to bring its workforce back up to strength. It says the lack of staff may lead to long hold-ups for passengers. The lack of controllers has been a continuing problem for years but has become critical due…

Think Tools profit up

This content was published on Aug 28, 2000 Net sales for the first six months of the year at SFr10.44 million were almost equal to sales for the full year in 1999. Second quarter sales alone were SFr7.18 million. Think Tools said the stronger second quarter sales were due to deals with clients in the banking and pharmaceutical sectors. It is also preparing…

Nestlé joins Holocaust settlement with SFr25 million contribution

This content was published on Aug 28, 2000 On Monday, Nestlé said it would be contributing SFr25 million to the settlement. The company said its inclusion in the agreement would free it from the threat of future litigation from Holocaust era claimants. The announcement comes just days after a deadline expired for Swiss companies to take part in the settlement. Firms that used…

Parliamentary commission backs banking secrecy

This content was published on Aug 28, 2000 The commission rallied with the government’s position that Switzerland’s tradition of banking secrecy was non-negotiable. The commission, chaired by a Social Democrat member of parliament, Rudolf Strahm, held closed-door hearings in Berne with the finance minister, Kaspar Villiger, and representatives of the Federal Banking Commission and Federal Police Office. In line with government policy, the…

Banking & Fintech

Popular Stories

Most Discussed

Banking & Fintech

More

Out & About in Switzerland: Crans Montana is for early birds

More

Nestlé pays SFr25 million to join Holocaust settlement

More

Out & About in Switzerland: Steaming over the Brünig pass

More

Swiss discuss strategy in face of mounting pressure over banking secrecy

More

Two killed in air crashes

More

Privatised Zurich airport shows six month profit

More

Swiss air traffic controllers under pressure

More

Think Tools profit up

More

Nestlé joins Holocaust settlement with SFr25 million contribution

More

Parliamentary commission backs banking secrecy

Popular Stories

Most Discussed