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BUSINESS
December 12, 1989 | From Associated Press
Perestroika has hit Switzerland's once-moribund watch industry: a recently launched wristwatch has a hammer and sickle for hands and a red dial with Russian lettering. The perestroika model illustrates how sharp marketing with an eye for fashion have helped restore Swiss power in world watch markets. Swiss watchmakers are headed for their third straight year of record revenue, buoyed by the success of the plastic-case Swatch, a quartz-controlled timepiece in trendy designs.
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NEWS
February 14, 1990 | RONE TEMPEST, TIMES STAFF WRITER
For five centuries, the craft of watchmaking was what made life tick in the valley towns and hillside hamlets in the Jura Mountains of western Switzerland. In the 100-mile arc between Geneva and the Rhine River city of Basel, watchmaking was the economic mainspring and one of life's noblest callings. The whole wide world operated on Swiss time. Then came the battery-powered quartz watch revolution.
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NEWS
February 14, 1990 | RONE TEMPEST, TIMES STAFF WRITER
For five centuries, the craft of watchmaking was what made life tick in the valley towns and hillside hamlets in the Jura Mountains of western Switzerland. In the 100-mile arc between Geneva and the Rhine River city of Basel, watchmaking was the economic mainspring and one of life's noblest callings. The whole wide world operated on Swiss time. Then came the battery-powered quartz watch revolution.
BUSINESS
December 12, 1989 | From Associated Press
Perestroika has hit Switzerland's once-moribund watch industry: a recently launched wristwatch has a hammer and sickle for hands and a red dial with Russian lettering. The perestroika model illustrates how sharp marketing with an eye for fashion have helped restore Swiss power in world watch markets. Swiss watchmakers are headed for their third straight year of record revenue, buoyed by the success of the plastic-case Swatch, a quartz-controlled timepiece in trendy designs.
TRAVEL
December 3, 2000
Switzerland's hotel industry could be in for a shake-up--or maybe just a shake. McDonald's Switzerland is building two hotels in that country, both scheduled to open April 5. They are the 211-room Golden Arch Hotel Zurich Airport and the 80-room Golden Arch Hotel Lully in Estavayer-le-Lac, between Lausanne and Bern. According to the company's Web site, http://www.goldenarchhotel.com, the accommodations won't be plain vanilla.
BUSINESS
December 8, 1997 | From Times Wire Services
Union Bank of Switzerland and Swiss Bank Corp. are expected today to announce a merger plan that would create the world's second-largest bank, with assets of about $600 billion and businesses ranging from retail banking to money management, sources said Sunday. The two giant banks scheduled a joint news conference in Zurich for this morning, and financial sources in London said the announcement would likely be of a full merger. "Merger talks between Swiss Bank Corp.
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