Banking & Fintech

November 2, 2001

This content was published on Nov 20, 2001 Over the past few weeks, approximately 2,000 more heavy goods vehicles and semi-trailers were counted on the San Bernardino each day, and this means that the volume of heavy vehicles on the A13 is now almost seven times higher than before the Gotthard disaster. However, the overall increase in traffic volume on the A13 is…

October 29, 2001

This content was published on Nov 20, 2001 In its comprehensive analysis of traffic crossing the Alps via Switzerland, the Swiss Federal Roads Office (FEDRO) has come to the conclusion that there will be sufficient road capacity available in November for both private cars and goods vehicles. In other words, the accident which occurred in the Gotthard tunnel last Wednesday is not going…

November 9, 2001

This content was published on Nov 20, 2001 Two weeks after the closure of the Gotthard road tunnel and the resulting transport problems, the situation on transalpine routes has become more stable, at least for the time being. On normal working days, traffic along the four transalpine routes has decreased slightly. Compared with the previous week, the most significant reduction has occurred on…

Thomas Schmidheiny to step down as Holcim CEO

This content was published on Nov 20, 2001 In a statement, Schmidheiny said on Tuesday he wanted to concentrate on the strategic tasks of being chairman of the board. The statement added that the move was part of an effort to strengthen group management because Holcim (formerly Holderbank) had experienced “dynamic growth” highlighted by a 70 per cent increase in revenue and increased…

Swissair staff strike at Geneva airport

This content was published on Nov 20, 2001 Tuesday’s strike follows a union vote on Monday evening in favour of the strike in Geneva. Staff at the Zurich airport, meanwhile, chose instead to issue Swissair Group with a new ultimatum: The beleaguered company has until November 30 to come up with a revised plan to finance a social programme. Crossair condemned the strike…

One in three Swiss farms may be endangered

This content was published on Nov 20, 2001 The report, published by the Federal Office for Agriculture on Monday, said one in three farmers is facing financial difficulties and will be forced to give up in the long run. The government’s policy of gradually changing the system of subsidies towards more extensive agriculture led to a growing gap between rich and poor farmers,…

CS Group plunges into the red

This content was published on Nov 20, 2001 The loss compared with a net income of Sfr1.6 billion in the comparable period last year and a profit of SFr1.3 billion in the second quarter this year. Credit Suisse said in early October it would have a loss of about SFr300 million. It is the first of Europe’s big banks to report a third-quarter…

Sacrebleu! Swiss rail makes a change

This content was published on Nov 20, 2001 Train number 10327 will no longer leave Lausanne at 1655, arriving in the lakeside resort of Montreux at 1714. It is the first time a scheduled train service has been dropped in nearly 100 years. The cancellation seems to deal a blow to a rail company that prides itself on reliability and punctuality. Observers and…

Government seeks to reassure public over tainted flour

This content was published on Nov 19, 2001 Manfred Bötsch, director of the agriculture office, told Swiss radio the government has a policy of “zero tolerance” towards mills found to be producing contaminated flour. Bötsch also defended the government’s decision to seize 65 tonnes of flour from Intermill in canton Aargau, and cautioned that further discoveries of contamination could not be ruled out.…

Crossair boss Dosé says new global alliance not feasible

This content was published on Nov 19, 2001 The nominated chairman of the new airline, former KLM airline chief Pieter Bouw had intimated on Sunday that a fourth alliance was a possibility alongside Star Alliance (Lufthansa and United Airlines), Oneworld (British Airways and American Airlines) and SkyTeam (Air France and Delta). Asked in an interview which alliance was best for the new Swiss…

Banking & Fintech

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Banking & Fintech

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November 2, 2001

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October 29, 2001

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November 9, 2001

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Thomas Schmidheiny to step down as Holcim CEO

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Swissair staff strike at Geneva airport

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One in three Swiss farms may be endangered

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CS Group plunges into the red

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Sacrebleu! Swiss rail makes a change

More

Government seeks to reassure public over tainted flour

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Crossair boss Dosé says new global alliance not feasible

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