Banking & Fintech Archives - Page 1615 of 1641

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Trade unions threaten action over job lay-offs

This content was published on Dec 3, 1999

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Banking legend Edmond Safra had Swiss connection

This content was published on Dec 3, 1999 (Reuters) — Edmond Safra, killed in a fire in his Monaco home after an attack by knife-wielding assailants on Friday, was the cosmopolitan scion of a Jewish-Lebanese family that owns banks around the world. Starting in his 20s, Safra built a banking empire that made him a billionaire. It included trading businesses and financial services…

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Power supply cut at WTO headquarters in Geneva

This content was published on Dec 3, 1999 (AP) — Unidentified intruders sabotaged a power unit at the World Trade Organization’s headquarters in Geneva early Friday and cut off the building’s electricity supply. Two or three people got into the grounds of the lakeside building at around 6 a.m. (0500 GMT), WTO official Liliane Rastelo said. They tampered with the building’s electricity control…

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Transport museum launches “Internet Corner”

This content was published on Dec 2, 1999 The Transport and Communications museum in Lucerne, which is one of the country’s most popular attractions, has opened a new section: The Internet Corner. The main highlight for visitors is a glass cube inhabited by a number of robots that can be manipulated via the Internet. Using Internet commands, the robots can be directed through…

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Novartis, AstraZeneca launch new company: Syngenta

This content was published on Dec 2, 1999 Swiss chemical giant Novartis announced Thursday that it and its British-Swedish competitor AstraZeneca were spinning off their agricultural operations and merging them to create a world leading agrochemical firm. Some 3,000 jobs worldwide will be cut in the deal, a Novartis statement said – an announcement that prompted immediate protests from a trade union spokesman…

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Swiss Dairy Food restructures, cuts jobs

This content was published on Dec 2, 1999 Switzerland’s major dairy producing company, Swiss Dairy Food, said on Thursday it was restructuring its production facilities to boost its competitiveness both domestically and abroad. About 150 jobs will be cut. Dairy Food, which was created after a merger between brand names Toni and Säntis in July, said it was closing its production plants in…

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Swiss employers urged to show social responsibility

This content was published on Dec 2, 1999 Switzerland’s major employers’ organisation on Thursday expressed confidence about growth prospects for the economy but, in an unusual statement, also called on captains of industry to be aware of their social responsibilities. The Federation of Commerce and Industry, known as “Vorort,” said that restructuring measures, such as job cuts or factory closures, should be implemented…

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Novartis, AstraZeneca announce spin-off merger

This content was published on Dec 2, 1999 Swiss chemical giant Novartis announced Thursday that it and its British-Swedish competitor AstraZeneca were spinning off their agricultural operations and merging them to create a world leading agrochemical firm. Some 3,000 jobs worldwide will be cut in the deal, a Novartis statement said – an announcement that prompted immediate protests from a trade union spokesman…

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Ziff-Davis comes to Basel

This content was published on Dec 1, 1999 Basel in northern Switzerland is boosting its position as an international trade fair venue: The operators of trade shows in the city, Messe Basel, have teamed up with an American company to develop a new event dealing with information technology. The fair will build on the highly successful Orbit exhibition of information and technology, which…

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Banking & Fintech

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World trade talks in Seattle fail, to continue in Geneva

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Trade unions threaten action over job lay-offs

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Banking legend Edmond Safra had Swiss connection

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Power supply cut at WTO headquarters in Geneva

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Transport museum launches “Internet Corner”

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Novartis, AstraZeneca launch new company: Syngenta

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Swiss Dairy Food restructures, cuts jobs

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Swiss employers urged to show social responsibility

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Novartis, AstraZeneca announce spin-off merger

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Ziff-Davis comes to Basel

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