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Swiss banker faces “trial of the century”

This content was published on Jan 21, 2004 Josef Ackermann, the chief executive of Deutsche Bank, is appearing before a Düsseldorf court on charges of committing a breach of trust. The case – which has been described as the most significant business trial in Germany’s post-war history – is likely to have wide-ranging consequences for boardroom practices in the country. And for Ackermann,…

Audio / Video

This content was published on Jan 20, 2004 You need to have installed “Real Player” and “Flash” Plug-ins. For HTML5 video or MP3 audio, no plugin is required! A Plug-in – What do I need this for ? To view swissinfo’s mutlimedia content you need to install additional software that works with your browser. These so-called plug-ins are free of charge and can…

Swiss SMEs and researchers get access to EU funding

This content was published on Jan 20, 2004 Swiss researchers now have the same rights and obligations as their partners from EU member states for funding and leading projects. The agreement should have been signed in December, but due to a short delay, Swiss researchers had to wait until last Friday to get access to the €17.5 billion (SFr27.5 billion) research effort funded…

Lonza CEO steps down over poor 2003 figures

This content was published on Jan 20, 2004 The results were particularly affected by restructuring costs stemming from poor sales to the company’s pharmaceutical customers. Lonza said its profit of SFr91 million ($71.73 million) had been adversely affected by a one-off charge of SFr100 million related to the closure of some of its fine chemicals facilities. Gemünd, who only took on the role…

Swiss anti-money laundering rules boost software sales

This content was published on Jan 20, 2004 Swiss software suppliers report sales are increasing for products used to monitor transactions and applications to identify “unwanted” or risky customers. Last year banks in Switzerland focused on transaction monitoring systems. “Initially, they thought it would be an in-house job for the IT department,” said Laurence Jacobs, chief science officer of kdlabs. But the task…

WEF opponents can’t agree to disagree

This content was published on Jan 20, 2004 Criticism of the gathering remains as intense as ever, but protest groups are struggling to find common ground. On the face of it, it would appear that the WEF has scored a victory against its opponents: the vast meeting in the ski resort of Davos will this year not be accompanied by the usual organised…

Russian tourists keep Swiss tills ringing

This content was published on Jan 19, 2004 While Russian tourists still account for only a tiny percentage of all visitors, they make up an increasingly important market for tourism operators. Aside from the money they fork out on hotels and skiing, Russians are renowned for extravagant spending on luxury items, and they are not shy of Swiss prices. Russians really came to…

Swiss compromise over naming banned aircraft

This content was published on Jan 19, 2004 The transport minister announced on Monday that passengers could contact the Federal Office for Civil Aviation (FOCA) to find out whether a plane was blacklisted. However, Moritz Leuenberger said the service was only available to passengers who could prove they were due to travel on the flight in question. “Every travel firm or customer has…

Swisscom lobbies Swiss shareholders

This content was published on Jan 19, 2004 Weekend media reports also speculated that the carrier was close to securing around SFr350 million ($276 million) from the country’s biggest banks, Credit Suisse and UBS. However, the credit deal, which Swiss said on Monday was still being negotiated, is understood to fall short of the sum required by the carrier as a financial buffer.…

Heidi moves over for Mickey Mouse

This content was published on Jan 17, 2004 But the alpine resort is far from becoming the next Disneyland, as swissinfo found out after following the mouse trail to Arosa. Anyone expecting larger-than-life Disney characters to greet them upon arrival in the village is in for a disappointment. Instead, tourists travelling by train are welcomed by the drivers of hotel buses, taxis and…

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Swiss banker faces “trial of the century”

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Audio / Video

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Swiss SMEs and researchers get access to EU funding

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Lonza CEO steps down over poor 2003 figures

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Swiss anti-money laundering rules boost software sales

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WEF opponents can’t agree to disagree

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Russian tourists keep Swiss tills ringing

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Swiss compromise over naming banned aircraft

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Swisscom lobbies Swiss shareholders

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Heidi moves over for Mickey Mouse

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