Cluster: Archive

Holcim unveils new share structure and chairman

This content was published on Apr 9, 2003 The group said the measure was aimed at treating all investors equally. In another Board decision, Holcim has named a new chairman to succeed major shareholder Thomas Schmidheiny, who stepped down definitively in February after paying a fine for insider trading in Spain. However, Schmidheiny – who vacated the position of chairman last June –…

Beleaguered Swiss battles to fill seats

This content was published on Apr 9, 2003 Faced with war in Iraq, the Sars pneumonia virus and industry overcapacity, experts are warning that the airline’s future has never been shakier. On Wednesday, Swiss said it had carried a total of 2.7 million passengers during the first three months of 2003. Its average seat load factor was 67.9 per cent. “Swiss continues to…

Swiss lasers beam up satellite communications

This content was published on Apr 8, 2003 After hiring some of the key engineers who worked on a pioneering European Space Agency project, the Zurich-based company tapped into know-how at universities across the country, as well as smaller innovative firms. Its aim was to solve some of the technical issues that stood in the way of commercial use of laser communications in…

Swiss Life eyes profit after record loss

This content was published on Apr 8, 2003 Publication of last year’s figures comes a day after regulators censured the insurer over a secretive investment fund operated by six of the firm’s senior managers. Swiss Life had already warned in March of a loss of around SFr1.7 billion, surprising markets which had been expecting a full-year loss closer to SFr840 million. Tuesday’s result…

Zurich’s disabled to get sexual relief

This content was published on Apr 8, 2003 The organisation behind the scheme says the sexual rights of disabled people are currently being overlooked. “There is a very big demand for this,” says Angela Fürer, director of the Zurich branch of the social welfare organisation Pro Infirmis. “We have been hearing about the problem for years, both from disabled people and from those…

Swiss small business face common problems

This content was published on Apr 7, 2003 The statistically significant response (621 responses to 12,000 surveyed) showed that finding customers and access to capital are on the minds of small business owners. The survey, conducted by a privately-owned, small business training company called the Institute for Entrepreneurs (IfJ), asked a half dozen questions with multiple choice answers via an email survey. The…

Swiss Life slammed for lack of control

This content was published on Apr 7, 2003 The Swiss Federal Office of Private Insurance has ordered the company to claim back profits gained by former management members through the investment fund. In its ruling on Monday, the insurance regulator said that six members of Swiss Life’s old guard had endangered the interests of policyholders by investing their own money in Long Term…

“Arrogant” Zurich faces identity crisis

This content was published on Apr 7, 2003 A faltering economy and rising unemployment has had a humbling effect on the residents of the country’s “number one city”. Zurich’s citizens often overlook the fact that “little” Bern is the capital of Switzerland. Often referred to as “Zurich West”, Bern may boast the federal parliament but Zurich provides the country’s financial and cultural pulse…

Swiss B&Bs gain in popularity

This content was published on Apr 6, 2003 swissinfo’s Billi Bierling took a trip to the village of Mur on the shores of Lake Murten to look at one B&B that offers guests a taste of the countryside – and straw beds. Finding the Eulenhof – or “Owl’s Farm” – is not difficult as little red signs in the shape of an owl…

Swiss biologist wins leading US award

This content was published on Apr 4, 2003 Dr Hans Rudolph Herren shares the Tyler Prize for Environmental Achievement, which comes with a $200,000 cheque, for his work on pest control. Herren, who is Director of the International Center of Insect Physiology and Ecology in Nairobi, Kenya, was awarded the prize along with two other renowned scientists, Sir Richard Doll of Oxford University…

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Holcim unveils new share structure and chairman

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Beleaguered Swiss battles to fill seats

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Swiss lasers beam up satellite communications

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Swiss Life eyes profit after record loss

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Zurich’s disabled to get sexual relief

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Swiss small business face common problems

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Swiss Life slammed for lack of control

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“Arrogant” Zurich faces identity crisis

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Swiss B&Bs gain in popularity

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Swiss biologist wins leading US award

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