Banking & Fintech

Food safety in Swiss restaurants under the spotlight

This content was published on Jan 25, 2000 An alarming number of Swiss restaurants failed food inspections last year, sparking concerns that eating out is a health risk. But the authorities are at pains to point out that – apart from the odd bad apple – the vast majority of Swiss restaurants are safe places to eat. At first sight, the statistics make…

Striking airport staff return to work

This content was published on Jan 25, 2000 Striking baggage handlers at Zurich’s international airport have returned to work after reaching a deal with the SAir Group late on Monday. The one-day walkout disrupted flight schedules and left passengers to carry their own luggage. The workers of the SAir subsidiary, Swissport, and SAir agreed to set up a special commission to look into…

Swiss Development Agency tries to sell positive images of Africa

This content was published on Jan 24, 2000 The Swiss public’s image of Africa is distorted and too negative, according to the Swiss Development Agency. At its annual news conference in Berne, the agency said it would work on trying to improve the way the continent is viewed. The agency’s director, Walter Fust, said the Swiss public had a warped outlook on Africa.…

Swisscom slashes prices

This content was published on Jan 24, 2000 Swisscom has announced sweeping price cuts. The company said phone calls will drop by up to 70 per cent from March 1. The cuts mark a new round in the battle for market share in the liberalised Swiss telecommunications market, and follows a similar move by rival operator, Sunrise, earlier in the month. Swisscom will…

Baggage handlers at Zurich airport stage wildcat strike

This content was published on Jan 24, 2000 Baggage handlers at Switzerland’s largest airport, Zurich Kloten, have gone on strike, forcing passengers to carry their own luggage onto their planes. The surprise strike started at 5:30 this morning, local time, when about 150 baggage handlers walked off the job. The porters, who are employed by the SAir subsidiary, Swissport, are upset by the…

Clariant makes take-over bid for BTP

This content was published on Jan 24, 2000 The Swiss speciality chemicals company, Clariant, has confirmed that it is making a take-over bid for the British BTP Group, offering 600 pence for each BTP share. This would value BTP at £1.08 billion (around SFr2.8 billion). The 600 pence per share offer represents a premium of more than 72 per cent above the middle…

Swiss railways join chorus of discontent with ADtranz

This content was published on Jan 23, 2000 The Swiss Federal Railways have expressed concern at ADtranz’s failure to supply 24 new tilting trains as planned. Eight of the trains should already have been delivered, but testing procedures have only just begun, causing a delay of six months. The Federal Railways are worried about the situation, confirmed Theo Weiss, who is head of…

Clariant to pay large premium for British chemical firm

This content was published on Jan 23, 2000 Clariant, the largest speciality chemicals group in Switzerland, is expected to announce an agreed takeover bid for BTP on Monday. According to the Sunday Times newspaper, Clariant will pay a huge premium of 72 percent for the British chemicals company. The Swiss group will pay about 600 pence a share for BTP, in a deal…

Denner announces expansion plans

This content was published on Jan 22, 2000 The discount supermarket chain, Denner, has announced an expansion plan which aims to more than double the number of branches by 2004. “In four years time we hope to have 650 Stores, comprising of 400 Denner-Top-Discount stores and 250 spin offs,” explained the 28-year-old Denner Chief, Phillippe Gaydoul, in an interview in the Basler Zeitung…

Swiss economy in good shape, says Villiger

This content was published on Jan 22, 2000 The finance minister, Kaspar Villiger, has given an upbeat report on the present state of the Swiss economy at a Radical Party conference in Basel. “Our country is doing better than we think,” he said. Overall, conditions in the country “are good”, but there remains a lot to be done. Villiger explained to the delegates…

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Banking & Fintech

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Food safety in Swiss restaurants under the spotlight

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Striking airport staff return to work

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Swiss Development Agency tries to sell positive images of Africa

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Swisscom slashes prices

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Baggage handlers at Zurich airport stage wildcat strike

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Clariant makes take-over bid for BTP

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Swiss railways join chorus of discontent with ADtranz

More

Clariant to pay large premium for British chemical firm

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Denner announces expansion plans

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Swiss economy in good shape, says Villiger

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