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Esmertec software in 65 million devices

This content was published on Feb 25, 2004 Its customers include some of the biggest names in electronics today, including Agere Systems, Wavecom, LG Electronics, Infineon, Texas Instruments, and Intel. As of February 2004, the company says it has recorded sales of over 65 million licenses of its embedded Java solutions. According to CEO, Alain Blancquart, who replaced one of the co-founders as…

Swiss beef up air safety

This content was published on Feb 25, 2004 The move comes amid a shake-up of the Federal Office for Civil Aviation (FOCA) and follows calls for an overhaul of air safety mechanisms in Switzerland. Transport minister Moritz Leuenberger said on Wednesday that the government was responding to serious criticisms of the civil aviation office in the wake of a series of accidents. The…

Hunt goes on for killer of crash controller

This content was published on Feb 25, 2004 Seventy-one people, mostly Russian school children, died when two planes crashed in Swiss-controlled airspace. Police have not ruled out a link between the two incidents. “We are still pursuing our inquiries,” said a police spokesman on Thursday, adding that the hunt had now spread abroad. The 36-year-old air traffic controller was stabbed at his home…

Police arrest suspect over air controller murder

This content was published on Feb 25, 2004 Seventy-one people, mostly Russian school children, died when two planes crashed in Swiss-controlled airspace in July 2002. The authorities are investigating a possible link between the 2002 crash and Tuesday evening’s stabbing near Zurich. Police said they arrested the suspect close to the town of Kloten where the murder took place. The 36-year-old air traffic…

Moritz Peter: Café Luz

This content was published on Feb 25, 2004

Bankers on bumpy road to Basel II

This content was published on Feb 25, 2004 Critics warn that an international “gentlemen’s agreement”, known as Basel II, will push up the cost of lending and could increase banks’ exposure during financial crises. Banking regulators say the new rules will bolster the stability of the global financial system and encourage transparency. Basel II will determine how much capital – or reserves –…

EU grants Switzerland breathing space

This content was published on Feb 24, 2004 The announcement came after Swiss officials met their EU counterparts to discuss the tax, which was due to come into force next Monday. Last week Switzerland – which is not a member of the EU – called on Brussels to freeze plans to levy the tax, arguing it went against a long-standing free trade agreement.…

Switzerland moves towards concrete jungle

This content was published on Feb 24, 2004 Now the federal authorities are trying to impose restrictions on the cantons to prevent the urbanisation of Switzerland’s countryside. Environmentalists say construction work is taking place everywhere, in particular on green meadows, and often without any consideration for the landscape. They claim developments of family homes are springing up across the country, blurring the distinction…

Swiss struggles to stem losses

This content was published on Feb 24, 2004 The company unexpectedly released unaudited figures on Tuesday ahead of its full-year results due on March 23. No explanation for the early release was given. Swiss said the result – which was equal to losing almost SFr1.9 million per day – reflected the impact of restructuring efforts that have seen its fleet and route network…

Clariant to cut 4,000 jobs

This content was published on Feb 24, 2004 The company also announced on Tuesday that it had swung back into the black in 2003, with a net profit of SFr161 million ($130 million). Clariant reported a SFr648 million loss in 2002. The group did not specify where the job cuts would be made, but said workers affected in Switzerland would be offered another…

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Esmertec software in 65 million devices

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Swiss beef up air safety

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Hunt goes on for killer of crash controller

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Police arrest suspect over air controller murder

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Moritz Peter: Café Luz

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Bankers on bumpy road to Basel II

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EU grants Switzerland breathing space

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Switzerland moves towards concrete jungle

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Swiss struggles to stem losses

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Clariant to cut 4,000 jobs

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