GenevaLunch » losses http://genevalunch.com Community Newspaper Online Fri, 10 Feb 2012 06:10:57 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://creativecommons.org/licenses/by-nc-nd/3.0/ Copyright © GenevaLunch 2010 editor@genevalunch.com (GenevaLunch) editor@genevalunch.com (GenevaLunch) http://genevalunch.com/wp-content/plugins/podpress/images/powered_by_podpress.jpg GenevaLunch http://genevalunch.com 144 144 Community Newspaper Online GenevaLunch GenevaLunch editor@genevalunch.com no no Sprouts the E.coli cause: German officials confirm it http://genevalunch.com/blog/2011/06/10/sprouts-the-e-coli-cause-german-officials-confirm-it/ http://genevalunch.com/blog/2011/06/10/sprouts-the-e-coli-cause-german-officials-confirm-it/#comments Fri, 10 Jun 2011 09:55:37 +0000 Ellen Wallace http://genevalunch.com/?p=58700 GenevaLunch.com GENEVA, SWITZERLAND – “It’s the bean sprouts”, the source of the E. coli outbreak in Germany, Reinhard Burger, Germany’s head of infectious diseases programme, said Friday morning 10 June. The actual sprouts that are behind what the WHO labels the “the unusual enteroaggregative verocytotoxin-producing Escherichia coli (EAggEC VTEC) O104:H4 bacterium” have not yet been pinpointed. [...]

Sprouts the E.coli cause: German officials confirm it © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

]]> http://genevalunch.com/blog/2011/06/10/sprouts-the-e-coli-cause-german-officials-confirm-it/feed/ 0 Zurich Insurance expects to pay $500m for Q1 catastrophes http://genevalunch.com/blog/2011/03/31/zurich-insurance-expects-to-pay-500m-for-q1-catastrophes/ http://genevalunch.com/blog/2011/03/31/zurich-insurance-expects-to-pay-500m-for-q1-catastrophes/#comments Thu, 31 Mar 2011 09:36:14 +0000 Ellen Wallace http://genevalunch.com/?p=55961 GenevaLunch.com Zurich, Switzerland (GenevaLunch) - Five natural disasters in the Asia-Pacific region in the first three months of 2011 are likely to cost Zurich Financial Services Group $500 million, the company said in a statement Thursday 31 March. The figure represents an amount net of reinsurance and before tax. They are estimates only, the company cautions: [...]

Zurich Insurance expects to pay $500m for Q1 catastrophes © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

]]> http://genevalunch.com/blog/2011/03/31/zurich-insurance-expects-to-pay-500m-for-q1-catastrophes/feed/ 0 Logitech goes for tablets http://genevalunch.com/blog/2011/01/27/logitech-goes-for-tablets/ http://genevalunch.com/blog/2011/01/27/logitech-goes-for-tablets/#comments Thu, 27 Jan 2011 17:07:38 +0000 Ellen Wallace http://genevalunch.com/?p=52942 GenevaLunch.com Tablets are “additive”, mouse not about to disappear Lausanne, Switzerland (GenevaLunch) – Logitech, based in Romanel-sur-Morges, will have a “tablet focus” to its “product launches in 2012, and 25 percent of its new retail products will be tablet friendly,” reports the Dow Jones Newswire of the company that made its name with computer peripherals, notably [...]

Logitech goes for tablets © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

]]> http://genevalunch.com/blog/2011/01/27/logitech-goes-for-tablets/feed/ 0 UBS fined CHF100,000 for slowness over 2007 losses http://genevalunch.com/blog/2011/01/14/ubs-fined-chf100000-for-slowness-over-2007-losses/ http://genevalunch.com/blog/2011/01/14/ubs-fined-chf100000-for-slowness-over-2007-losses/#comments Fri, 14 Jan 2011 09:46:34 +0000 Ellen Wallace http://genevalunch.com/?p=52404 GenevaLunch.com Zurich, Switzerland (GenevaLunch) - Bank UBS took too long to in July to give shareholders information about looming losses in 2007, the Swiss Stock Exchange sanctions commission has ruled. Friday 14 January it handed the bank a CHF100,000 fine, the end of a three-year investigation. The bank was bailed out by the Swiss government when [...]

UBS fined CHF100,000 for slowness over 2007 losses © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

]]> http://genevalunch.com/blog/2011/01/14/ubs-fined-chf100000-for-slowness-over-2007-losses/feed/ 0 BP posts record losses, sets aside $32.2b for oil spill http://genevalunch.com/blog/2010/07/27/bp-posts-record-losses-sets-aside-32-2b-for-oil-spill/ http://genevalunch.com/blog/2010/07/27/bp-posts-record-losses-sets-aside-32-2b-for-oil-spill/#comments Tue, 27 Jul 2010 08:50:00 +0000 Ellen Wallace http://genevalunch.com/?p=45215 GenevaLunch.com BP Tuesday announced it will sell $30 billion in assets to cover a record UK quarterly loss of $17 billion, part of $32.2b in pre-tax provisions it is setting aside for losses from the Gulf of Mexico oil spill and to compensate victims. The company also confirmed that chief executive officer Tony Hayward is leaving [...]

BP posts record losses, sets aside $32.2b for oil spill © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

]]> http://genevalunch.com/blog/2010/07/27/bp-posts-record-losses-sets-aside-32-2b-for-oil-spill/feed/ 0 Airline losses will be lower than forecast http://genevalunch.com/blog/2010/03/11/airline-losses-will-be-lower-than-forecast/ http://genevalunch.com/blog/2010/03/11/airline-losses-will-be-lower-than-forecast/#comments Thu, 11 Mar 2010 11:16:07 +0000 Ellen Wallace http://genevalunch.com/?p=38507 GenevaLunch.com Worldwide improvement is concentrated in Asia, Latin America Brands, not flags, must guide the industry to profitability, says Iata head Geneva, Switzerland (GenevaLunch) – The airline industry is expected to have an overall loss of $9.4 billion for 2009, according to Iata, the Geneva-based air transport industry organization, which released new figures Thursday 11 March. [...]

Airline losses will be lower than forecast © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

]]> http://genevalunch.com/blog/2010/03/11/airline-losses-will-be-lower-than-forecast/feed/ 0 UBS cheers investors with stronger than expected Q4 results http://genevalunch.com/blog/2010/02/09/ubs-cheers-investors-with-stronger-than-expected-q4-results/ http://genevalunch.com/blog/2010/02/09/ubs-cheers-investors-with-stronger-than-expected-q4-results/#comments Tue, 09 Feb 2010 08:29:20 +0000 Ellen Wallace http://genevalunch.com/?p=36799 GenevaLunch.com Zurich, Switzerland (GenevaLunch) – Fourth quarter profits for 2009 were CHF1.205 million, says Swiss bank UBS, offering investors a brighter face after months of gloomy news about its financial results and legal problems. The figure was three times that projected by analysts contacted by Swiss news agency AWP. It leaves the bank with a loss [...]

UBS cheers investors with stronger than expected Q4 results © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

]]> http://genevalunch.com/blog/2010/02/09/ubs-cheers-investors-with-stronger-than-expected-q4-results/feed/ 0 BA loses £50m in Q4, less than predicted http://genevalunch.com/blog/2010/02/05/ba-loses-50m-in-q4-less-than-predicted/ http://genevalunch.com/blog/2010/02/05/ba-loses-50m-in-q4-less-than-predicted/#comments Fri, 05 Feb 2010 09:07:36 +0000 Ellen Wallace http://genevalunch.com/?p=36535 GenevaLunch.com Analysts had predicted losses of up to £150 million for BA (British Airways) for the final three months of 2009, but the company weighed in with a loss of £50m, down significantly from the £122 it lost during that period in 2008. Its financial year ends in March, so the figures are for the company’s [...]

BA loses £50m in Q4, less than predicted © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

]]> http://genevalunch.com/blog/2010/02/05/ba-loses-50m-in-q4-less-than-predicted/feed/ 1 World airline losses in 2010 nearly twice earlier forecasts http://genevalunch.com/blog/2009/12/15/world-airline-losses-in-2010-nearly-double-forecasts/ http://genevalunch.com/blog/2009/12/15/world-airline-losses-in-2010-nearly-double-forecasts/#comments Tue, 15 Dec 2009 09:54:54 +0000 Ellen Wallace http://genevalunch.com/?p=33756 GenevaLunch.com Geneva, Switzerland (GenevaLunch) – The world’s airlines are expected to lose $5.6 billion in 2010, nearly twice earlier forecasts of $3.8b. The losses will come on the heels of an “Annus Horribilis” in 2009 where losses will likely be $11b for the industry worldwide, IATA (International Air and Transport Association) announced Tuesday 15 December. Between [...]

World airline losses in 2010 nearly twice earlier forecasts © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

]]> http://genevalunch.com/blog/2009/12/15/world-airline-losses-in-2010-nearly-double-forecasts/feed/ 0 Iberia and BA agree to merge, but deal faces hurdles http://genevalunch.com/blog/2009/11/13/iberia-and-ba-agree-to-merge-but-deal-faces-hurdles/ http://genevalunch.com/blog/2009/11/13/iberia-and-ba-agree-to-merge-but-deal-faces-hurdles/#comments Fri, 13 Nov 2009 09:17:45 +0000 Ellen Wallace http://genevalunch.com/?p=31511 GenevaLunch.com Spanish air carrier Iberia and British company British Air (BA) have ended 16 months of negotiations with an agreement to merge as equal partners, but the deal is far from done. The new company would be tax resident in Spain, but the head office would be in Britain. BA’s pension plan debt of £2.66 billion, [...]

Iberia and BA agree to merge, but deal faces hurdles © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

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