Cluster: Archive

Swatch sales down in 2002

This content was published on Feb 5, 2003 In a statement on Wednesday, the world’s biggest watchmaker said sales were down 2.9 per cent to SFr4.06 billion ($3 billion). However, expressed in local currency terms sales were up 1.1 per cent for the year. Swatch said 2002 had been a “very exacting and challenging year”, with the hoped for recovery of the world…

Nestlé swallows Powwow water

This content was published on Feb 5, 2003 The deal seals the Swiss company’s position as a leader in the bottled-water market. Powwow, which is primarily active in Europe, was the water business of Hong-Kong based conglomerate, Hutchison Whampoa. Nestlé’s bottled-water division, Nestlé Waters, said that the acquisition was in line with the company’s strategy to expand in Europe within the home and…

Read more: Nestlé swallows Powwow water

New competition boss takes aim at cartels

This content was published on Feb 4, 2003 Walter Stoffel, who took over the post on January 1, has reiterated calls for reforms to the cartel law, which would play a pivotal role in busting price fixing. Speaking during the Commission’s annual press conference, Stoffel said the reformed law – currently making its way through parliament – would use a stick and carrot…

Internet experts look to the future

This content was published on Feb 4, 2003 And despite the bursting of the dotcom bubble, event organisers insist that the future is once again looking healthy. “The number of exhibitors taking part in this year’s Expo is back on a par with the boom year 2000,” says iEX leader Giancarlo Palmisani. Some 330 firms have set up stands at the event. “The…

Switzerland still Europe’s most expensive country

This content was published on Feb 4, 2003 The study compared the price of goods and services as well as GDP and Purchasing Power Parity (PPP) Europe-wide. All these factors are combined to give an index, which indicates price levels in different countries. Switzerland topped the league with 139 points for 2001, compared to a 100-point average for the EU as a whole.…

Rebif drug boosts Serono performance

This content was published on Feb 3, 2003 This represents a 1.3 per cent increase over 2001 but would have been up 14.6 per cent to $333.8 million without exceptional items, the company said. Total product sales rose 13.9 per cent to $1.42 billion, underpinned by Serono’s flagship multiple sclerosis drug, Rebif. It increased its worldwide sales by 44.6 per cent to $548.8…

Israel’s first astronaut – symbol of hope

This content was published on Feb 3, 2003 The apparent disaster has shattered hopes that Ramon’s involvement in the mission would serve as foil for much of the bad news that has beset Israel. The participation of an Israeli on the 16-day flight saw security tightened during the flight – which was billed by NASA as a routine scientific mission. “The government of…

World expresses sorrow over shuttle Columbia

This content was published on Feb 2, 2003 The space shuttle disintegrated just 15 minutes before it was due to land in Florida. President George W Bush has received condolences from leaders across the globe. The Swiss President, Pascal Couchepin, sent his sympathies to Bush on Saturday. “On behalf of the Swiss government and the citizens of Switzerland, I would like to offer…

The Swiss federation recruits venture capitalists

This content was published on Jan 31, 2003 The CTI Start-up program whose primary objective is to help the scientists understand what it takes to be a successful entrepreneur is an outgrowth of the Federation’s innovation policy and a part of the Federal Office for Professional Education and Technology. The announcement was made at an event hosted by the Swiss Private Equity and…

Zug mediator puts emphasis on prevention

This content was published on Jan 31, 2003 From Monday, a public mediator will be available to citizens who believe they have been wronged by the authorities. It’s hoped that earlier dialogue with aggrieved locals can help prevent such escalations of anger as that which erupted so tragically 16 months ago, when 57-year-old Friedrich Leibacher stormed the cantonal parliament, killing 14 politicians before…

Cluster: Archive

Popular Stories

Most Discussed

Cluster: Archive

More

Swatch sales down in 2002

More

Nestlé swallows Powwow water

More

New competition boss takes aim at cartels

More

Internet experts look to the future

More

Switzerland still Europe’s most expensive country

More

Rebif drug boosts Serono performance

More

Israel’s first astronaut – symbol of hope

More

World expresses sorrow over shuttle Columbia

More

The Swiss federation recruits venture capitalists

More

Zug mediator puts emphasis on prevention

Popular Stories

Most Discussed