Banking & Fintech

Swiss festival crowns best winegrowers

This content was published on Jul 29, 1999 Switzerland’s biggest festival, the Fête des Vignerons or Winegrowers’ Festival, was formally opened on Thursday with the crowning of the best winegrowers. The event is staged in the town of Vevey, on Lake Geneva, and is only held once per generation. It is by far the biggest and most spectacular festival and is characterised by…

Japan to revoke Credit Suisse unit license

This content was published on Jul 29, 1999 (Reuters) — Japanese financial regulators said on Thursday they will revoke the banking licence of Credit Suisse Group’s derivatives unit for obstructing official investigations and offering inappropriate products to clients. Financial regulators also ordered a partial suspension of Tokyo operations at four other CS Group units and Kokusai Asset Management Co Ltd, a unit of…

Search for missing resumes after canyoning accident

This content was published on Jul 29, 1999 Swiss police on Thursday resumed their search for two people still missing after a canyoning accident that killed 19 tourists — up to 13 of them Australians. At dawn, police started dragging the bottom of Lake Brienz and searching rocks around the Saxeten mountain stream, where a flash flood turned an adventure holiday excursion into…

At least 18 dead in worst river sports accident in Switzerland

This content was published on Jul 27, 1999 At least 18 people were killed near the tourist resort of Interlaken on Tuesday evening in the worst river sports accident seen in Switzerland to date. A local police spokesman confirmed that 18 people were confirmed dead in the “canyoning” accident, which happened in a gorge on the small Saxeten river near the village of…

IMF gold sale plans cause controversy

This content was published on Jul 26, 1999

Will Air Engiadina fall from Swiss skies soon?

This content was published on Jul 23, 1999

Swiss aid for Kosovo impacts federal budget

This content was published on Jul 23, 1999 Switzerland’s refugee and humanitarian aid for Kosovo will cost the Swiss government millions more than originally budgeted, but it remains unclear whether the forecast budget deficit of SFr3.9 million ($2.6 million) will balloon because of the unexpected humanitarian spending. The Swiss Finance Ministry said Friday that, in light of the “extraordinary events in Kosovo,” parliament…

Report: Switzerland fails to embrace information technology revolution

This content was published on Jul 22, 1999 Switzerland can boast high-quality installations for online communication but makes only modest use of the Internet. It also fails to recognize the importance of the current information technology revolution, a new report said Thursday. The report — written by a special working group of the Federal Office for Communications — gave an assessment of just…

Lucerne museum shows “Life in Space”

This content was published on Jul 22, 1999 The Swiss Transport Museum in Lucerne has launched a new space exhibition, which includes information about the Russian space station Mir and many other issues related to life and research in space. The exhibition is entitled “Life in Space” and its launch coincided with the 30th anniversary of man’s first landing on the Moon. Apart…

First electric railway line in Europe celebrates centenary

This content was published on Jul 22, 1999 Exactly 100 years ago today, an electric train track was inaugurated in Switzerland, marking a new era of rail transport in Europe. The line, travelling through the hilly Emmental region of Canton Berne, was the first electric railway line in Europe and ushered in a new era of travel and transport. The Burgdorf to Thun…

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Banking & Fintech

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Swiss festival crowns best winegrowers

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Japan to revoke Credit Suisse unit license

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Search for missing resumes after canyoning accident

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At least 18 dead in worst river sports accident in Switzerland

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IMF gold sale plans cause controversy

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Will Air Engiadina fall from Swiss skies soon?

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Swiss aid for Kosovo impacts federal budget

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Report: Switzerland fails to embrace information technology revolution

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Lucerne museum shows “Life in Space”

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First electric railway line in Europe celebrates centenary

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