Banking & Fintech

Battle in Swiss telecom market continues unabated

This content was published on Sep 30, 1999 Switzerland’s largest telecommunications operator, Swisscom, announced a new service for its mobile phone customers Thursday. But market rival Diax continued to angrily point the finger at the former state-owned company. Swisscom said customers of the Natel Easy category will now be able to make international phone calls with their prepaid cards. The new service will…

Bertelsmann online bookstore targets Swiss customers

This content was published on Sep 30, 1999

Two prominent leaders of controversial Expo.01 not in new management team

This content was published on Sep 29, 1999 Two prominent leaders of the board of the controversial Expo.01 national exhibition announced Wednesday they wanted no position in a proposed new management team for the troubled project. At the same time, organisers called on the government to approve an additional SFr230 million ($153 million) to help make up for a financial shortfall. The two…

Only 80 claims on list of pooled Holocaust-era assets, Swiss say

This content was published on Sep 29, 1999 (AP) — A government search for the owners of Holocaust-era assets in Swiss banks that were pooled for charity has led to some 80 claims, an official said Wednesday. The campaign, smaller than a long-running quest organised by the banks, will probably result in total payments of less than SFr5 million ($3.3 million), said Urs…

Experts say: Don’t fear Y2K

This content was published on Sep 29, 1999 The Millennium Bugbusters in Switzerland have done their job. The government’s delegate dealing with the Y2K problem, Ulrich Grete, says that the chances of a major disruption in essential services over the New Year holiday are virtually nil. Special Y2K teams in various branches of the public and private sector have dealt effectively with the…

Read more: Experts say: Don’t fear Y2K

Parliament clears main differences over accords with EU

This content was published on Sep 28, 1999 The Swiss parliament Tuesday overcame the last major obstacles in the transport and labour sections of Switzerland’s bilateral accords with the European Union. The first breakthrough came when both chambers agreed on how much money the government would pay to subsidise freight haulage by train. The second major obstacle was cleared after the House of…

Pro-environment groups want vote on nuclear energy phase-out

This content was published on Sep 28, 1999 Pro-environment groups have presented Switzerland’s federal administration with two people’s initiatives aimed at phasing out nuclear energy. Organisers of the “Electricity without Nuclear Plants” and “Moratorium Plus” initiatives presented the federal chancellery with a total of more than 240,000 signatures to pave the way for a national vote on the controversial issue. The two initiatives…

Air pollution causes 3,800 premature deaths

This content was published on Sep 28, 1999 The government says that stricter legislation has succeeded in significantly reducing air pollution in Switzerland, but that greater efforts are needed to avoid the deaths of 3,800 people who die each year from respiratory diseases. Anti-pollution legislation introduced in 1983 is now showing results in a number of sectors, the government said in a report…

Parliament overcomes key obstacle in transport accord with EU

This content was published on Sep 28, 1999 The Swiss parliament overcame the last major obstacle in a transport agreement with the European Union on Tuesday when both chambers agreed on how much money the government would pay to boost freight haulage by train. The agreement seems to have eased the threat of a referendum by environmentalists on the bilateral accords, which include…

U.N.: Investments surge in industrialised nations

This content was published on Sep 28, 1999 Investment overseas by the world’s business giants surged 39 percent to a record $640 billion last year and will probably set another high this year, according to a United Nations report released on Tuesday. Overall, global investment flows “will exceed easily $700 billion” and could top $800 billion in 1999, said the U.N. Conference on…

Banking & Fintech

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Banking & Fintech

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Battle in Swiss telecom market continues unabated

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Bertelsmann online bookstore targets Swiss customers

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Two prominent leaders of controversial Expo.01 not in new management team

More

Only 80 claims on list of pooled Holocaust-era assets, Swiss say

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Experts say: Don’t fear Y2K

More

Parliament clears main differences over accords with EU

More

Pro-environment groups want vote on nuclear energy phase-out

More

Air pollution causes 3,800 premature deaths

More

Parliament overcomes key obstacle in transport accord with EU

More

U.N.: Investments surge in industrialised nations

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