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Scientists get lessons in business

This content was published on Dec 2, 2002 The course has been running at the Federal Institute of Technology in Lausanne for over two years and aims to help scientists think like business people. Launched by the Institute in March 2000, the CREATE Switzerland course will be available in Zurich for the first time on December 9, and in Basel and St Gallen…

Swiss lack the courage for entrepreneurial success

This content was published on Dec 1, 2002 The Lausanne-based business school, IMD, found the Swiss were afraid to take risks and set up in business on their own, preferring the security of being an employee. Switzerland ranked 18th out of 37 countries in terms of entrepreneurial spirit. Although its total entrepreneurial activity, at 7.13 per cent, was higher than most EU countries,…

ABB looking at just 100,000 jobs

This content was published on Dec 1, 2002 The troubled engineering group announced just a few weeks ago that it would be slashing around 10,000 jobs from its payroll as part of a restructuring plan. Peter Voser, ABB’s chief financial officer, told the “SonntagsZeitung” newspaper that the company was focusing on its core activities of automation products and energy technology, and should employ…

Christmas markets in Switzerland

This content was published on Dec 1, 2002 However, those wishing to purchase their unique gifts on top of Mount Pilatus will have to wait another year. Even though, Europe’s highest Christmas event opened and closed in mid-November, most other Swiss markets are just opening. Basel’s stretches for three kilometres from Aeschenplatz to Messeplatz, intersecting the old town and crossing bridges. Every Christmas…

Campaigners launch rival WEF summit

This content was published on Nov 30, 2002 They hope the event will foster improved relations and dialogue between the two opposing camps. However, the move has attracted criticism from some anti-globalisation campaigners who fear it will paint the WEF in a more positive light. In the past, the gathering of world and business leaders has sparked off violent protests. The Swiss authorities…

Return to the homeland

This content was published on Nov 30, 2002 The bulk of them are heading for Zurich or Geneva and are forced to depend on social welfare when they arrive. More than 400 people with dual Argentinian-Swiss nationality have left the South American country this year, returning to the land of their parents and grandparents. Between 1850 and 1940, 40,000 Swiss, mainly from poor…

Banker admits stealing cash to fund football club

This content was published on Nov 29, 2002 The investigating magistrate said Andreas Hafen, president of FC Wil, had confessed to siphoning off the money over a ten-year period. Hafen’s club recently jumped to third place in the Swiss league, after years of obscurity. The investigating magistrate Martin Frey said that Hafen, 40, started embezzling small amounts of money in the early 1990s…

Economy grows but hard times ahead

This content was published on Nov 28, 2002 However, the State Secretariat for Economic Affairs (Seco) has now cut its economic growth forecasts for the rest of 2002 and for 2003. During the third quarter, gross domestic product (GDP) – the value of all goods and services produced in the economy – grew by a real 0.6 per cent, compared with the same…

So we meet again, Mr Bond!

This content was published on Nov 28, 2002 And as a look back at 40 years of 007 reveals, the “Swiss connection” extends beyond mere family ties. The latest in a long line of Bond films, “Die Another Day”, opened on Thursday in German-speaking Switzerland. For members of Switzerland’s James Bond fan club, the event marks yet another high-octane rendezvous with the suave…

Colibrys navigates funding and aerospace systems

This content was published on Nov 28, 2002 The new capital will fund expansion into the United States. Colibrys employs some 120 people and had revenues of SFr22 million in 2001. It will report an increase in turnover this year. Sean Neylon, the company’s chief executive officer, is not yet certain about the US location, but said it would likely be on the…

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