Cluster: Archive

Feldschlösschen plans shareholder payout in 2001

This content was published on Nov 28, 2000 Under the proposal, to be put to shareholders at the next annual general meeting, investors would be paid in the form of options, which give them the right to sell stock in the future at a fixed price. Feldschlösschen agreed to sell its brewing business to Carlsberg for SFr870 million earlier this month. swissinfo with…

Strong performance for UBS in third quarter

This content was published on Nov 28, 2000 Net profit in the third quarter at the world’s sixth largest financial institution came in at SFr2.1 billion ($1.2 billion), up 73 per cent on the same period in 1999, but down slightly from the SFr2.2 billion seen in the second quarter of 2000. UBS said Tuesday that it expected a quiet fourth quarter, reiterating…

Switzerland and EU head for confrontation over banking secrecy

This content was published on Nov 28, 2000 A senior Swiss official told German-language Swiss radio that the EU has made it clear it will only continue discussions on further trade accords if its demands are met. The EU wants to see Switzerland make concessions on sharing information on non-residents’ savings income – an issue which goes to the heart of Swiss banking…

Switzerland signs free trade deal with Mexico

This content was published on Nov 28, 2000 The deal, signed in Mexico City on Monday, will remove most tariffs between EFTA and Mexico by 2007, giving Switzerland the same trade privileges as the United States and the European Union. Couchepin signed the document along with the outgoing Mexican president, Ernesto Zedillo. Zedillo said the accord – one of many signed by Mexico…

The bishops chase away evil spirits

This content was published on Nov 28, 2000 Hundreds of men appear in procession, each carrying a heavy bell that is rung once with every step. They are followed silently by dozens of others wearing giant headdresses, resembling bishop hats. Candlelight shines through intricate patterns carved out of the cardboard headdresses, which bear a striking resemblance to stained glass windows found in Gothic…

Publiforum stresses transparency on transplantation issues

This content was published on Nov 28, 2000 The government is in the process of drafting new legislation on the issue. The group, made up of 30 citizens of varying ages from around the country, were brought together to debate the ethical, social, financial and legal questions surrounding transplantation in Switzerland. Principally, the panel agreed that the government should work harder to educate…

Rich get richer

This content was published on Nov 28, 2000 Bertarelli, boss of the Geneva-based biotech firm, Serono, tops the list of the country’s 300 wealthiest people, published by the business magazine, “Bilanz”, on Tuesday. He has doubled his fortune in the past year, closing the gap on the fabulously wealthy Oeri-Hoffmann family, who own the majority shareholding in the Swiss healthcare giant, Roche. The…

EU tax deal leaves Swiss vulnerable over banking secrecy

This content was published on Nov 27, 2000 The EU agreement, reached in Brussels on Monday, will compel member states to share information on non-residents’ savings income so it can be taxed in their country of origin. The deal will increase the pressure on Switzerland to lift banking secrecy because it is conditional on other financial centres applying the same rules. Until now…

Swiss urged to stop nuclear waste exports to Russia

This content was published on Nov 27, 2000 Addressing a news conference organised by Greenpeace on Monday, two prominent Russian environmentalists, Nathalie Mironova and Aleksandr Nikitin, said Russia had enough ecological problems without Switzerland contributing to them. Nikitin said: “Switzerland must not burden us with waste that it cannot dispose of itself”. Mironova added that states “must take responsibility for the negative effects…

Switzerland lifts more sanctions against Yugoslavia

This content was published on Nov 27, 2000 The Swiss government announced on Monday that the move had been taken in consultation with the European Union, which has also lifted some of its sanctions against Belgrade. Bern also lifted a freeze on 180 individual bank accounts. However, 620 remain frozen, including those belonging to associates of Milosevic. The authorities say they have found…

Cluster: Archive

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Cluster: Archive

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Feldschlösschen plans shareholder payout in 2001

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Strong performance for UBS in third quarter

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Switzerland and EU head for confrontation over banking secrecy

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Switzerland signs free trade deal with Mexico

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The bishops chase away evil spirits

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Publiforum stresses transparency on transplantation issues

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Rich get richer

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EU tax deal leaves Swiss vulnerable over banking secrecy

More

Swiss urged to stop nuclear waste exports to Russia

More

Switzerland lifts more sanctions against Yugoslavia

Popular Stories

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