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Parliament gives Swiss tourism financial injection

This content was published on Dec 7, 1999 The Swiss parliament on Tuesday decided to support the ailing tourism industry with SFr190 million ($122 million) over the next five years, despite criticism of inefficiency from some political corners. Swiss Economics Minister Pascal Couchepin said the financial injection would have an important ripple effect and would also boost tourism-related industries. He said the government…

WTO: Where from here?

This content was published on Dec 6, 1999

Volcker report presents Swiss bank probe result

This content was published on Dec 6, 1999 An international probe of dozens of Swiss banks turned up 54,000 unclaimed accounts that may be linked to Holocaust victims. While auditors found no evidence of systematic destruction of dormant account information, some banks were criticised for stonewalling. The report was compiled by the Independent Committee of Eminent Persons, which was formed in 1996 by…

Holocaust report cites no systematic abuse by Swiss banks

This content was published on Dec 6, 1999 An international commission said on Monday that its three-year audit of Swiss banks found nearly 54,000 bank accounts that may be linked to Holocaust victims. But the commission said it found no evidence of systematic destruction of dormant account information by Swiss banks. The report was compiled by a special team of “eminent persons,” formed…

Nestlé sells U.S. coffee operations to Sara Lee Corp.

This content was published on Dec 6, 1999 (AP) — Swiss food and drinks group Nestlé said Monday it has sold three of its U.S. coffee brands and a production plant to Sara Lee Corp. of the United States. Nestlé said it sold Hills Bros., MJB and Chase and Sanborn for an undisclosed sum. Its other major coffee U.S. coffee brand, Taster’s Choice,…

Much awaited Holocaust asset report to be published Monday

This content was published on Dec 4, 1999

U.N. conference tackles hazardous waste issue

This content was published on Dec 4, 1999 Officials from well over 100 nations are meeting in the Swiss city of Basel to discuss further measures aimed at protecting people around the world from the dangers of hazardous and toxic waste. A key target for the delegates of the week-long conference, which got underway on Monday, is to approve a new protocol that…

World trade talks in Seattle fail, to continue in Geneva

This content was published on Dec 4, 1999 International talks aimed at lowering trade barriers around the world failed as member states of the World Trade Organisation could not reach agreement on setting an agenda despite four days of negotiations. The unresolved issues of the conference in the U.S. city of Seattle will now be taken back to WTO headquarters in Geneva, where…

Trade unions threaten action over job lay-offs

This content was published on Dec 3, 1999

Banking legend Edmond Safra had Swiss connection

This content was published on Dec 3, 1999 (Reuters) — Edmond Safra, killed in a fire in his Monaco home after an attack by knife-wielding assailants on Friday, was the cosmopolitan scion of a Jewish-Lebanese family that owns banks around the world. Starting in his 20s, Safra built a banking empire that made him a billionaire. It included trading businesses and financial services…

Internal: Archive

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Parliament gives Swiss tourism financial injection

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WTO: Where from here?

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Volcker report presents Swiss bank probe result

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Holocaust report cites no systematic abuse by Swiss banks

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Nestlé sells U.S. coffee operations to Sara Lee Corp.

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Much awaited Holocaust asset report to be published Monday

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U.N. conference tackles hazardous waste issue

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World trade talks in Seattle fail, to continue in Geneva

More

Trade unions threaten action over job lay-offs

More

Banking legend Edmond Safra had Swiss connection

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