Banking & Fintech

Inflation shows sharp increase

This content was published on May 31, 2001 Data released by the Federal Statistics Office on Thursday showed that higher petrol prices and seasonal increases for items such as clothing and shoes were the main reasons for the rise. The core inflation rate which strips out energy, fuel, tobacco, food and seasonal products was also up 0.5 per cent. Markets were eagerly awaiting…

Roche to axe nearly 3,000 jobs

This content was published on May 30, 2001 The main cuts will hit the Basel-based group’s operations at Nutley in the United States, where 900 jobs are to be lost. Another 200 jobs will go in the Californian city of Palo Alto. In Britain, some 700 jobs are to be cut at Welwyn, and a further 600 will be axed in Basel. Roche…

Swiss are thinnest people in Europe

This content was published on May 30, 2001 Figures from the Federal Health Office show that 28 per cent of the population is overweight, and that 6.8 per cent of those are obese. Within Switzerland, French-speakers are least likely to be overweight. The figures mean that the Swiss are thinner than any of their European counterparts, while Greece tops the scales with the…

Surveys confirm that Swiss economy is still growing but at slower rate

This content was published on May 30, 2001 The independent company, Basel Economics, said it expected Swiss gross domestic product to rise 2.2 per cent in 2001, while the Institute for Business Cycle Research puts the figure at 2.0 per cent. This compares to a growth rate of more than three per cent for the previous year. Basel Economics reported that the economic…

Thousands of jobs expected to go at Roche

This content was published on May 30, 2001 A report in Britain’s Financial Times newspaper says the company is about to axe 3,000 positions in its flagship drugs division. That amounts to around eight per cent of the unit’s workforce. The restructuring will bring heavy losses at the Basel-based group’s operations in the United States. There are reports that the company may also…

Denner chief dies

This content was published on May 30, 2001 But the discount stores were only part of a business empire that was made up of numerous companies, including the Franz Carl Weber toy stores. The board of Rast Holding, the name of the umbrella organisation of his retail empire, announced on Tuesday that the business would stay in the hands of the Schweri family,…

Switzerland urges France to ratify EU accords

This content was published on May 30, 2001 Leuenberger, who is also minister for transport, asked his French counterpart, Jean-Claude Gayssot, to speed up the ratification process of the treaties with Brussels, which cover mainly trade issues. The accords cannot come into effect until they have been approved by all the EU’s member parliaments. Switzerland has seen a marked increase in the level…

Swiss railways pursue eco-efficiency

This content was published on May 29, 2001 The move follows a three-year study, which shows that the ecological gap between road and rail travel is diminishing in other respects. The study was conducted jointly with the Federal Institute of Technology in Zurich. “In terms of emissions into the air like nitrogen oxide, road traffic will catch up ecologically because the laws have…

Transalpine traffic high on agenda at Lisbon summit

This content was published on May 29, 2001 Leuenberger, who is also minister for transport, is expected to use the occasion to push fellow ministers to ratify a series of bilateral accords between Switzerland and the European Union. The accords cannot come into effect until they have been approved by all the EU’s member parliaments. Among the points up for discussion at this…

Cabinet rejects special permits for high-tech specialists

This content was published on May 29, 2001 French-speaking members of both chambers of parliament had asked the authorities to consider the move, saying it would encourage the creation of new companies in Switzerland. Under the proposal, the permits would have been handled by the federal government, rather than the cantons, which are normally responsible for issuing work permits. The government has turned…

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Banking & Fintech

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Inflation shows sharp increase

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Roche to axe nearly 3,000 jobs

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Swiss are thinnest people in Europe

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Surveys confirm that Swiss economy is still growing but at slower rate

More

Thousands of jobs expected to go at Roche

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Denner chief dies

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Switzerland urges France to ratify EU accords

More

Swiss railways pursue eco-efficiency

More

Transalpine traffic high on agenda at Lisbon summit

More

Cabinet rejects special permits for high-tech specialists

Popular Stories

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