Banking & Fintech

Holocaust insurers, including Switzerland, under pressure to pay up

This content was published on Jul 22, 1999 Lawrence Eagleburger (above), chairman of the International Commission on Holocaust Era Insurance Claims, is putting pressure on World War II-era insurance companies in Europe to swiftly release allegedly withheld payments from Holocaust survivors. Ex-U.S. secretary of state Eagleburger was reported to have set a one-week deadline for the international panel to agree on a formula…

Swiss trade association cautiously optimistic about economic growth

This content was published on Jul 21, 1999 Switzerland’s major employer organisation is cautiously optimistic about prospects for the Swiss economy but does not expect rapid growth in the coming months because of global economic developments. Presenting its economic assessment on Wednesday, the Swiss Trade and Industry Association (Vorort) said the global economic situation appeared to become more stable — particularly in light…

ABB announces first-half profit up 32 percent

This content was published on Jul 21, 1999 (AP) — Swiss-Swedish electrical company Asea Brown Boveri on Wednesday announced a net profit of $839 million for the first half of this year, up 32 percent on the same period last year. Higher revenues and gains from the formation of a power generation joint venture, ABB Alstom Power, were among the reasons for the…

Nestlé first-half sales stagnate

This content was published on Jul 20, 1999 (AP) — Swiss-based food and drinks group Nestle on Tuesday announced first-half sales of SFr35.3 billion ($22 billion), unchanged from the same period last year. Nestle said unfavorable foreign exchange rates had a negative impact of around 4.4 percent on the sales figure. It said it “expects again an improvement in sales and profits” over…

Zurich stock market offers more aggressive investment opportunities

This content was published on Jul 20, 1999

Radical Party calls for curb on health care costs

This content was published on Jul 16, 1999 The conservative Radical Party, one of the four parties represented in the Swiss government, on Friday called for more competition in the health care sector in order to curb spiralling costs. The party made the call as it presented its platform on health care policies ahead of parliamentary elections in October. Spiralling health care costs…

A Matter of Taste in Gstaad

This content was published on Jul 16, 1999 Something offering hope to many a jaded palate has become an annual event in the Swiss mountain resort of Gstaad, where a seminar entitled “Taste” is going ahead this weekend. The four-day seminar is the brain-child of Claudia and Thomas Frei, who run the Hotel Bernerhof in the village. “We started it last year,” said…

Novartis sales increase marginally in first six months

This content was published on Jul 15, 1999 Sales by the Swiss-based Novartis Group increased by 1 percent in the first half of the year to total SFr16.3 billion ($10.8 billion), the company announced Thursday. The pharmaceuticals giant said that the increase in local currencies also amounted to 1 percent, adding that prospects were not much better for the second half of the…

Couchepin optimistic about boosting relations with U.S.

This content was published on Jul 14, 1999 Swiss Economics Minister Pascal Couchepin on Wednesday wrapped up his official visit to Washington and said he was optimistic about building even closer economic relations with the United States. After holding talks with senior trade and business representatives of the American government and Congress, Couchepin underlined the importance of the U.S. as a trading partner…

Couchepin to outline Swiss-U.S. economic relations

This content was published on Jul 13, 1999 Swiss Economics Minister Pascal Couchepin, currently paying an official visit to the United States, was expected to outline Swiss economic policy in an address to the European Institute in Washington on Tuesday. Couchepin, a proponent of deregulation and free market policies, was expected to outline the economic priorities of the Swiss government and possible developments…

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Banking & Fintech

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Holocaust insurers, including Switzerland, under pressure to pay up

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Swiss trade association cautiously optimistic about economic growth

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ABB announces first-half profit up 32 percent

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Nestlé first-half sales stagnate

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Zurich stock market offers more aggressive investment opportunities

More

Radical Party calls for curb on health care costs

More

A Matter of Taste in Gstaad

More

Novartis sales increase marginally in first six months

More

Couchepin optimistic about boosting relations with U.S.

More

Couchepin to outline Swiss-U.S. economic relations

Popular Stories

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