Cluster: Archive

Swiss banks give SFr2 million each to US campaign

This content was published on Nov 5, 2000 As with other corporate contributors from Switzerland, the banks mainly backed the Republican Party candidate, George W. Bush. According to figures released by the federal electoral commission, UBS – via its US branch, Paine Webber – contributed SFr2.14 million to the campaign, while CSG – via Credit Suisse First Boston – gave just under SFr2…

Campaign urges drivers to brake for pedestrians

This content was published on Nov 5, 2000 The agency, along with 11 other organisations, is re-launching a campaign to convince drivers to put on their brakes. The campaign, which runs until November 19, is aimed at getting people to respect the 1994 law that gives the right-of-way to pedestrians in yellow “safety” zones. Television advertisements and posters will appear all over Switzerland.…

The business week ahead

This content was published on Nov 5, 2000 The Republican candidate, George W. Bush is regarded as the more corporate friendly candidate with his policy of huge tax cuts and fewer regulations on industry. The vice-president and Democrat candidate, Al Gore, also favours tax cuts but on a smaller scale and is likely to be less amenable to the demands of the tobacco,…

When American cheese makers taste real Emmental

This content was published on Nov 5, 2000 Given that the US-made product costs about half as much as the original, and looks pretty similar to it – holes and all – the Swiss would be forgiven for harbouring hostile feelings towards those who could be seen as pricing them out of the market. The two camps came together recently at a musical…

Pay protests in Berne

This content was published on Nov 4, 2000 Saturday’s protest in front of the parliament building was called to demand higher salaries, and to push for full pensions to be available from the age of 62. Turnout was higher than expected, with organisers having estimated that around 15,000 people would participate in the event. Paul Rechsteiner, one of the organisers, said the high…

Canada to issue Swissair crash report by May

This content was published on Nov 4, 2000 The board had hoped to release the report before the end of the year. The plane went down in Peggy’s Cove, off the coast of Nova Scotia, killing 229 people. The later-than-expected release date for the report stems from the complexity of the investigation. “We’ve got about two million pieces of wreckage and 275 kilometres…

Money laundering hits the headlines

This content was published on Nov 4, 2000 In the first, the justice authorities sent back to Ukraine SFr10.5 million ($5.9 million) confiscated from the former prime minister, Pavlo Lazarenko. Lazarenko is believed to have embezzled billions of francs from the Ukrainian state. In June, a court in Geneva sentenced him to 18 months in jail for money laundering. The second case involves…

Business week in review

This content was published on Nov 4, 2000 A group of the world’s largest banks, including Switzerland’s UBS and Credit Suisse groups, agreed on Monday to a set of global anti-money laundering guidelines for international private banks. The new guidelines were announced in Zurich by 11 banks and by Transparency International, the global anti-corruption organisation. Also in the news on Monday was a…

Veterinary office proposes bone meal ban

This content was published on Nov 3, 2000 The discovery of the latest cases have galvanized the authorities, who thought a ban on animal rests in cattle feed introduced in 1996 would be enough to wipe out mad cow disease, or BSE, in Switzerland. After two days of emergency talks between experts and representatives of the parties concerned, the veterinary office on Friday…

Carlsberg swallows Feldschlösschen drinks

This content was published on Nov 3, 2000 A statement from Feldschlösschen headquarters at Rheinfelden on Friday said that Carlsberg was acquiring the entire beer, mineral water and soft drinks businesses. Carlsberg is also acquiring the Feldschlösschen wine activities with the exception of the Emil Nüesch Wine Cellars in Balgach, for which a new owner is being sought separately. It added that that…

Cluster: Archive

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Swiss banks give SFr2 million each to US campaign

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Campaign urges drivers to brake for pedestrians

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The business week ahead

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When American cheese makers taste real Emmental

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Pay protests in Berne

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Canada to issue Swissair crash report by May

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Money laundering hits the headlines

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Business week in review

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Veterinary office proposes bone meal ban

More

Carlsberg swallows Feldschlösschen drinks

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