Banking & Fintech

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This content was published on Apr 18, 2000 The specialty chemicals group, Clariant, reported sales of SFr2.7 billion for the first three months of the year, an increase of 20 per cent compared with the same period last year. The increase was driven by the growing momentum of key markets and by the acquisition of the British fine chemicals company, BTP, in March.…

Switzerland could soon give US run for its money

This content was published on Apr 18, 2000 Switzerland has entered the top five of the world’s most competitive countries for business, according to a new study by the International Institute for Management Development (IMD) in Lausanne. The league table of 47 countries, led by the United States, was based on the analysis of each country’s annual performance against 290 criteria. Last year…

Controversial waste dump focus of high-level meeting

This content was published on Apr 17, 2000 France’s environment minister, Dominique Voynet (pictured), has been visiting Berne for talks with her Swiss counterpart, Moritz Leuenberger. Discussions focused on the Bonfol toxic waste dump in canton Jura. In January the cantonal authorities in Jura said they planned to close the site, which was filled with 114,000 tonnes of toxic waste between 1961 and…

Making a Meal of History

This content was published on Apr 17, 2000 A new exhibition has opened in Vevey looking at the food that was eaten in the year 1000, and what it can tell us about early medieval society. Historians at the Alimentarium museum are using recent finds from two very different archaeological sites – at Lausen-Bettenach, near Basel, and Charavines, near the French city of…

ABB posts 26 per cent profit upswing

This content was published on Apr 17, 2000 The Swiss-Swedish electro-engineering concern, ABB, has posted a 26 per cent increase in profits in the first quarter of this year compared to the same period in 1999. Profit was put at SFr619 million. The level of orders was up by five per cent, but turnover was down by six per cent in the first…

Government says EU accords will improve social insurance

This content was published on Apr 17, 2000 The government says Swiss people working in European Union member states, and EU citizens working in Switzerland will benefit from better social insurance cover, if the bilateral accords with the EU are approved on May 21. The measure would cost the Swiss government tens of millions of francs. Officials in Berne said there would be…

Spring session of IMF overshadowed by protests

This content was published on Apr 16, 2000 The Swiss finance minister, Kaspar Villiger, says the concerns of anti-globalisation demonstrators have to be taken seriously. Villiger is heading the Swiss delegation at the spring meeting in Washington of the International Monetary Fund and World Bank. Although thousands of protestors managed to delay the arrival of some financial leaders, the meeting went ahead as…

Switzerland sets out its agenda for World Bank-IMF meeting

This content was published on Apr 15, 2000 The issue of debt relief is set to dominate the spring summit of the International Monetary Fund and the World Bank in Washington this weekend. Switzerland is calling for a rethink of the way donor countries hand out loans to poorer nations and is also urging a restructuring of the Bretton Woods institutions. The economics…

THE WEEK IN REVIEW

This content was published on Apr 14, 2000 The collapse of a huge merger proposal, calls for tax cuts and banking secrecy topped the business news this week. The aluminium industry was rocked by the collapse of the merger between French company, Péchiney, Canadian firm Alcan and Switzerland’s Algroup. Pechiney withdrew after it became clear Alcan was unwilling to sell its stake in…

Swisscom considers flotation to keep head above water

This content was published on Apr 13, 2000 The country’s largest telecommunications operator, Swisscom, is considering a flotation of its mobile network to finance future growth. The move, announced at a news conference in Zurich, appears to be a U-turn forced on the company by spiralling costs for the third generation of mobile phone networks or UMTS. Bids for such licences in Britain…

Banking & Fintech

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Banking & Fintech

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Other company results

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Switzerland could soon give US run for its money

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Controversial waste dump focus of high-level meeting

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Making a Meal of History

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ABB posts 26 per cent profit upswing

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Government says EU accords will improve social insurance

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Spring session of IMF overshadowed by protests

More

Switzerland sets out its agenda for World Bank-IMF meeting

More

THE WEEK IN REVIEW

More

Swisscom considers flotation to keep head above water

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