Banking & Fintech

Investigation into Swiss canyoning accident widens

This content was published on Aug 25, 1999 The Swiss authorities on Tuesday said they were expanding their probe of a whitewater accident that killed 21 people in the Bernese Oberland last month and had placed five more people under formal investigation. Martin Trapp, who is investigating what caused the tragedy at Saxetenbach creek on July 27, said his probe had widened to…

Experts want government to increase price for cigarettes

This content was published on Aug 24, 1999 A government-commissioned report recommends that the Swiss government raise the price for a packet of cigarettes and make people more aware of the health risks of smoking. The recommendations are part of a study on smoking and health policies in Switzerland. The study was commissioned by the Federal Health Office and the main findings were…

UBS announces first-half profits up 13 percent

This content was published on Aug 24, 1999 (AP) — Swiss banking giant UBS AG on Tuesday said its first-half net profit rose by 13 percent on the same period last year, to SFr3.962 billion ($2.64 billion) from SFr3.51 ($2.34 billion). UBS, formed last year from the merger of Union Bank of Switzerland and Swiss Bank Corp., said in a statement the result…

Switzerland resumes nuclear transports

This content was published on Aug 23, 1999

Human power makes wheels and propellers go round

This content was published on Aug 20, 1999

Swiss cows for Kosovo

This content was published on Aug 20, 1999 Switzerland will send up to 2,000 cows and calves to Kosovo to help replenish the stock of animals and supply fresh milk in the war-ravaged Serbian province, the authorities said Friday. “Many farmers in Kosovo are left with no livestock, and in other areas conflict has sharply reduced herds. Quick action is needed, as on-the-spot…

Switzerland finances radio production studio for Kosovo

This content was published on Aug 19, 1999 Switzerland and the United Nations signed an agreement under which Switzerland will provide and finance a radio production studio in Kosovo’s capital Pristina, the authorities said Thursday. The Swiss foreign ministry said Swiss and U.N. representatives signed the accord in New York this week, in line with an agreement reached in Kosovo in July between…

Roche: first-half profits up 15 percent after charges, gains

This content was published on Aug 19, 1999 (AP) — Swiss pharmaceutical giant Roche said Thursday its first-half net profit rose by 15 percent on the same period last year to SFr2.9 billion ($1.9 billion). The figure took into account special charges related to its involvement in a vitamins price-fixing scheme, Roche said. It also included a gain of SFr1.6 billion ($1.05 billion)…

ABB Switzerland releases six months figures

This content was published on Aug 18, 1999 Orders received by the Swiss division of the international electrical engineering concern, ABB, have fallen short of last year’s record level but revenues are up. According to figures released on Wednesday, ABB Switzerland took orders worth SFr2,922 (SFr3,620 million the previous year) in the first six months. Revenues rose to SFr2,814 million, up 16 percent…

Switzerland may cut reconstruction aid over Bosnian bank crisis

This content was published on Aug 18, 1999 Switzerland said Wednesday it may cut back reconstruction aid for Bosnia-Herzegovina unless SFr1.5 million ($1 million) of reconstruction funds blocked in a Bosnian bank are not released and the banking crisis solved soon. The spokesman for the Swiss Agency for Development and Cooperation (SDC) said it was considering legal proceedings against the Bosnia and Herzegovina…

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Investigation into Swiss canyoning accident widens

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Experts want government to increase price for cigarettes

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UBS announces first-half profits up 13 percent

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Switzerland resumes nuclear transports

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Human power makes wheels and propellers go round

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Swiss cows for Kosovo

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Switzerland finances radio production studio for Kosovo

More

Roche: first-half profits up 15 percent after charges, gains

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ABB Switzerland releases six months figures

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Switzerland may cut reconstruction aid over Bosnian bank crisis

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