Internal: Archive

Shareholders at Unaxis clash over ownership

This content was published on Apr 26, 2005 It has demanded that all decisions at Tuesday’s annual meeting of Unaxis shareholders be annulled and has called for a fresh meeting. An extraordinary shareholders’ meeting will be the next step in an acrimonious ownership war between Victory and the company’s founding family, which has a stake of about 20 per cent. Victory, which is…

Swiss bourse says “no plans for Alpine bunker”

This content was published on Apr 26, 2005 SWX Group chairman Reto Francioni said there was no plan to “retreat into an Alpine bunker”, but he saw little immediate prospect for stock exchange “consolidation”. “For ten years now, everyone has been talking about stock exchange consolidation, but it has not happened,” Francioni told swissinfo at the SWX’s annual media conference on Tuesday. Referring…

Report halves number of illegal residents

This content was published on Apr 26, 2005 The Bern-based Gfs Institute says that only around 90,000 people do not have a residence permit, half the lowest previous estimates. The study – funded by the Federal Migration Office – found that there was no correlation between illegal residency and the number of asylum seekers whose applications had been turned down by the authorities.…

Will mega malls kill inner-city shops?

This content was published on Apr 26, 2005 How will these mega malls change consumer habits and what consequences will they have for town centres? There is a large and colourful crowd in front of the Loeb department store. This is Bern’s main meeting place where people gather at all times of the day and night to decide where to shop, stroll, eat…

More IPOs in the works for Zurich bourse

This content was published on Apr 26, 2005 If these two firms float successfully, it will bring the number of IPOs at the SWX to three so far for the year. Last Wednesday, biotechnology start-up company Arpida released the details of its floatation. The announcement came two days after Geneva-based Advanced Digital Broadcast (ADB), a developer of digital TV set-top boxes and software,…

Monkey business resolved in Gibraltar

This content was published on Apr 26, 2005 Genetic analysis has shown the Barbary macaques are not an indigenous species but descend from Moroccan and Algerian monkeys that were brought to Europe. For years scientists speculated that the Gibraltar monkeys were an isolated colony, the last representatives of their kind on the continent. But the Swiss study, published this week in the online…

Swiss envoy calls for improved development aid

This content was published on Apr 25, 2005 Peter Maurer also urged industrialised nations on Monday to assume their financial responsibility, in a speech before the UN General Assembly. “The international community does not need to set any new objectives for development; it must implement those that were set at the Millennium Summit and at the Monterrey Conference on Financing for Development,” he…

Pension funds flex their shareholder muscles

This content was published on Apr 25, 2005 The foundation wants more transparency and accountability at board level and, unlike many institutional shareholders, has no compunction about opposing management decisions. Pension funds traditionally have not exercised their substantial clout as shareholders. But concerns about corporate governance have prompted many shareholders to take a more active interest in board appointments, and other controversial issues…

Tie the knot in the Bernese Oberland

This content was published on Apr 25, 2005 Also in the Bernese Alps, Grindelwald is inviting visitors to take part in a week of events under the title Eiger Live, to celebrate man’s relationship with mountains. Around 5,000 couples living in canton Bern tie the knot each year but a surprisingly large number – around ten per cent – choose to do so…

Economic growth remains “key challenge”

This content was published on Apr 25, 2005 At its annual press conference on Monday, the federation argued strongly for further economic reforms, and threw its weight behind the federal government’s ongoing cost-cutting programme. The trade federation, which represents the interests of Swiss business both at home and abroad, also declared its strong support for the government’s new foreign trade strategy. Economiesuisse called…

Internal: Archive

Popular Stories

Most Discussed