Banking & Fintech

Mobile phones are top Christmas sellers

This content was published on Dec 22, 1999 Telecommunication gadgets such as mobile phones are among this year’s top sellers in Switzerland, where consumer confidence is up and people are again spending more on Christmas presents and the big millennium parties. “I get the impression that everybody wants to walk around with two cell phones,” says Thierry Rueff, merchandising chief at Manor department…

Thirteen major companies form think tank

This content was published on Dec 21, 1999

Oerlikon-Bührle to Acquire Plasma-Therm

This content was published on Dec 21, 1999 Swiss-based Oerlikon-Bührle Holding, a high-technology corporation traded on the Swiss stock exchange, and Plasma-Therm, a leading producer of plasma process equipment, announced on Tuesday they have entered into a definitive agreement to acquire Plasma- Therm through a cash tender offer. The tender offer will begin within five business days at a price of $12.50 per…

New pharma tie-up unlikely to drive Swiss mergers

This content was published on Dec 20, 1999 (Reuters) — News of another major merger is unlikely to hasten any move by Swiss pharmaceutical companies Novartis and Roche Holding to team up with rivals, said those in the industry. An announced move by two competitors, Pharmacia & Upjohn and Monsanto Co, to merge would form a company ranked below Novartis, Switzerland’s largest pharmaceuticals…

Biotechnology: Novartis, Monsanto launch PR campaign

This content was published on Dec 17, 1999 A lawsuit in the United States against Monsanto, a global player in genetically-engineered crops, has again unleashed a heated debate over the social and political issues surrounding the technology. Biotechnology companies, including Switzerland’s Novartis, have now launched a major public relations offensive. The avowed aim of the campaign is to counter what biotechnology companies see…

Biotechnology food: A gigantic experiment?

This content was published on Dec 17, 1999 Biotechnology firms are under fire after two interest groups in the United States filed a lawsuit against Monsanto. The lawsuit alleges that Monsanto sells genetically-engineered crops without first ensuring they are safe for humans and the environment. Monsanto will not be the only company that will have to answer to the charges: Switzerland’s Novartis is…

Internet police taken offline

This content was published on Dec 17, 1999

City authorities tackle poverty, long-term unemployment

This content was published on Dec 17, 1999 Nearly 40 Swiss cities and towns have pledged to fight poverty of urban families and boost job re-integration efforts for the long-term unemployed. But the city authorities warn that welfare support may suffer if budgetary reforms are implemented. The anti-poverty measures were announced on Friday by 37 cities, which joined forces to tackle social problems…

Swisscom to spin off Internet unit in 2000

This content was published on Dec 17, 1999 Switzerland’s biggest telecommunications group Swisscom said on Friday it planned to spin off a minority stake in its Blue Window Internet business in the first half of next year. It said it would convert the Internet service into a stock company in order to increase the flexibility of the unit for partnerships and to encourage…

Swisscom CEO steps down for “personal reasons”

This content was published on Dec 16, 1999 In a surprise announcement, Swiss telecommuncations group Swisscom said on Thursday that its chief executive officer Tony Reis, 58, was stepping down at the end of 1999 “of his own accord and for personal reasons.” The move had been prepared for a few months within the company, Swisscom spokesman Sepp Huber said. The company maintained…

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Banking & Fintech

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Mobile phones are top Christmas sellers

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Thirteen major companies form think tank

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Oerlikon-Bührle to Acquire Plasma-Therm

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New pharma tie-up unlikely to drive Swiss mergers

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Biotechnology: Novartis, Monsanto launch PR campaign

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Biotechnology food: A gigantic experiment?

More

Internet police taken offline

More

City authorities tackle poverty, long-term unemployment

More

Swisscom to spin off Internet unit in 2000

More

Swisscom CEO steps down for “personal reasons”

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