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The main news stories in Switzerland this week

This content was published on Nov 26, 1999

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Swiss banks confident about Y2K

This content was published on Nov 26, 1999 Swiss banks are confident they will not have problems when computer clocks change over to the year 2000. The banks, which are now well into their fine-tuning preparations, say that all information technology tests to date have proved successful. The only factor that could trouble the careful preparations is irrational behaviour by bank customers. But…

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Projected costs soar for new trans-Alpine rail links

This content was published on Nov 26, 1999 A parliamentary committee on Friday warned about soaring costs of Switzerland’s planned trans-Alpine rail links, saying the government should review parts of the project and consider commercial co-financing. The supervisory committee, presenting its first report on the project, warned that costs would be exceeded by at least SFr438 million ($277 million) due to inflation and…

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Government says Energy 2000 programme saved jobs, energy

This content was published on Nov 26, 1999 The federal authorities describe their now completed Energy 2000 programme as a success, saying it has saved thousands of jobs and led to more efficient use of energy resources. The project was launched in 1997 as part of a major government investment programme aimed at helping breathe new life into the flagging Swiss economy. Taking…

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Switzerland urges more international efforts on hazardous waste

This content was published on Nov 25, 1999 In the run-up to an international conference on hazardous waste in Switzerland, the Swiss authorities on Thursday praised international monitoring efforts but called for a swift transfer of disposal know-how to third world nations. The head of the Federal Environment Agency, Philippe Roch, praised the existing international monitoring of transports and disposals of dangerous substances…

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Car dealers, garages feel market pressures

This content was published on Nov 25, 1999 Car dealers, and service and repair garages in Switzerland are feeling the pressures of a tighter market but a major crisis has so far been averted, industry leaders said Thursday. The Association of Car Dealers and Garage Owners told a news conference in Berne that profits from car sales have decreased over the past months,…

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Swiss store pulls product with illegal corn

This content was published on Nov 25, 1999 (AP) — A leading Swiss store pulled a pancake mix made by Quaker Oats from its shelves Thursday after an analysis showed it contained genetically altered corn illegal in Switzerland. The Globus chain said it withdrew Aunt Jemima Pancake Mix because a study commissioned by the environmental group Greenpeace revealed the presence of Monsanto 810…

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Nestlé sales rise 2.2 percent

This content was published on Nov 24, 1999 (Reuters) – Swiss-based Nestlé SA, the world’s biggest food company, said on Wednesday that sales in the first 10 months of 1999 rose by 2.2 percent to SFr60.5 billion ($38.9 billion). Nestlé said that group sales and profit should rise in 1999, forecasting consolidated sales of more than SFr73 billion. “Profits should grow at a…

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Swiss super highways to be completed by 2015

This content was published on Nov 24, 1999 Switzerland’s long-term national super highways construction project will be completed by the year 2015 at an estimated cost of SFr65.2 billion ($41.8 billion), the government said Wednesday. Outlining progress in the decades-old construction programme, the federal authorities said that the main missing portions of two key highways will be operational by 2003. Existing gaps will…

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The main news stories in Switzerland this week

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Swiss banks confident about Y2K

More

Projected costs soar for new trans-Alpine rail links

More

Government says Energy 2000 programme saved jobs, energy

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Switzerland urges more international efforts on hazardous waste

More

Car dealers, garages feel market pressures

More

Swiss store pulls product with illegal corn

More

Nestlé sales rise 2.2 percent

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Swiss super highways to be completed by 2015

Popular Stories

Most Discussed