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Swiss Life to launch Internet bank

This content was published on Nov 7, 2000 Under the name redsafe.com, the first exclusive online bank will provide a comprehensive range of online financial services. In a statement on Tuesday, Swiss Life said its Redsafe Bank would have its head office in Zurich and employ about 40 people. Apart from banking products and securities trading on various stock exchanges, redsafe.com will also…

Unemployment holding steady at nine-year low

This content was published on Nov 7, 2000 Figures from the State Secretariat for Economic Affairs in Bern show that 62,953 people are jobless, 624 more than at the end of September. Worst affected is canton Geneva where unemployment is 4.1 per cent. Joblessness is also above the national average in the other French-speaking cantons (except Fribourg and Jura), and in Italian-speaking Ticino.…

Swiss show strong interest in US election

This content was published on Nov 7, 2000 Swiss companies are firmly behind the Republican presidential challenger, George W Bush. Financial analysts say a Bush victory would strengthen the dollar, making Swiss exports more competitive. For its part, the Swiss government is hoping that the new administration will continue to maintain its involvement in peacekeeping operations abroad, especially in the Balkans. Neither Bush…

Switzerland signs free trade agreement with Mexico

This content was published on Nov 6, 2000 The four EFTA states (Liechtenstein, Norway, Iceland and Switzerland will now be able to tap into the Mexican market which has so far been the preserve of the United States and the European Union. “The accord covers all the issues related to commercial relations between the EFTA states and Mexico, including services and investments, rules…

Bad weather continues in Swiss Alps

This content was published on Nov 6, 2000 The high winds damaged buildings, knocked over trees and electricity pylons while heavy snow also halted traffic through the Alps on Monday. No injuries were reported in the Swiss storms, where the wind speed increased after moist air from the Mediterranean was blown north and forced over the mountains. In the Swiss canton of Valais,…

Electrosmog draws renewed fire ahead of UMTS auction

This content was published on Nov 6, 2000 At a news conference on Monday in Bern, the organisations said radiation levels from antennae should be reduced to a tenth of the current permitted level of six volts per metre. The groups represented include: Doctors for the Environment, the Swiss Energy Foundation, Pro Natura, the Swiss Foundation for the Protection and Planning of the…

Swiss markets await US election result

This content was published on Nov 6, 2000 The election result may still be in doubt, but there is no question where the markets’ loyalties lie. Analysts say business leaders in Switzerland are or should be firmly behind Bush, who has emerged as a champion of free trade. Gore, by contrast, is been seen as the “interventionist” candidate – a terminal affliction in…

EFTA strikes trade deal with Mexico

This content was published on Nov 6, 2000 EFTA, made up of Switzerland, Norway, Iceland and Liechtenstein, concluded the negotiations with Mexico in just three months. The agreement abolishes import duties for Swiss goods until the year 2007. Services provided by banks and insurance companies will also be free of tariffs. The agreement includes a provision to regulate the protection and development of…

UBS wraps up PaineWebber takeover

This content was published on Nov 6, 2000 The agreement went through on schedule last Friday. “I am pleased with the speedy and successful completion of the merger,” said President and Chief Executive Officer, Marcel Ospel. “The smoothness with which it has been accomplished means we can now concentrate on rapid value creation for our employees, clients and shareholders.” PaineWebber brings UBS an…

The final frontiers of space are crossed in Lucerne

This content was published on Nov 6, 2000 The “Crystal Moon Express” takes up to 30 passengers at a time on a virtual voyage towards a mysterious asteroid at the end of this century. Accompanying them are the human shuttle commander, Tex the robot and an onboard computer called Krishna. Their destination is the Crystal Moon Hotel, from which they can observe a…

Internal: Archive

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Swiss Life to launch Internet bank

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Unemployment holding steady at nine-year low

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Swiss show strong interest in US election

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Switzerland signs free trade agreement with Mexico

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Bad weather continues in Swiss Alps

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Electrosmog draws renewed fire ahead of UMTS auction

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Swiss markets await US election result

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EFTA strikes trade deal with Mexico

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UBS wraps up PaineWebber takeover

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The final frontiers of space are crossed in Lucerne

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