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Switzerland notches up wettest March on record

This content was published on Apr 2, 2001 Some parts of the country saw rainy conditions during all 31 days of March. In low-lying areas, 4.5 times as much rain fell as can usually be expected during that period. Cantons Jura and Valais saw the most rain, according to a weather report issued by the Swiss meteorological office, MétéoSuisse. In the lowlands north…

Delays around Gotthard tunnel likely until 2005

This content was published on Apr 2, 2001 Max Friedli, director of the federal transport office, said on Sunday there was not likely to be any ease in the traffic flow on the main A2 road to the tunnel for at least the next four years. “We’ll just have to get used to the sight of long lines of lorries over the next…

SAirGroup reports loss of nearly SFr3 billion

This content was published on Apr 2, 2001 A statement from the company on Monday blamed its investments in Belgian, French and German airlines as largely responsible for what it called “the worst year in the history of the Swissair/SAirGroup’s finances”. The statement added that the Belgian airline, Sabena, in which the group has an almost 50 per cent stake had losses of…

Speculation grows over SAirGroup’s future

This content was published on Apr 1, 2001 Ever since SAirGroup plunged into crisis just over two months ago, dealers on the Swiss market have been waiting for news of just how bad the situation at the airline really is, and the media has been full of speculation over the company’s future. On Monday, the group’s newly-appointed chairman and chief executive, Mario Corti,…

Traffic returns to normal around Gotthard Tunnel

This content was published on Mar 31, 2001 At one stage on Friday, more than 850 trucks were blocked on the road heading towards the Chiasso frontier post on the border with Italy. Facilities at Chiasso have been stretched to the limit by large numbers of trucks – up to 5,500 a day – since a new heavy goods vehicle tax was introduced…

Switzerland and Europe look toward increasing scientific ties

This content was published on Mar 30, 2001 The EU’s research commissioner, Philippe Busquin, said in Bern on Friday he hoped Switzerland would take an active role in a four-year European scientific research programme, scheduled to run from 2002 to 2006. During talks with the Swiss home affairs minister, Ruth Dreifuss, Busquin said the Swiss scientific community “was one of the best in…

Russia calls for more investment by Swiss companies

This content was published on Mar 30, 2001 Couchepin is leading a delegation of industry leaders to Russia to assess whether reforms initiated by President Vladimir Putin have made the country a safer place to do business. “We want Swiss investors to feel at home here,” Gref said after his meeting with Couchepin. Russia and Switzerland on Friday signed an agreement worth SFr4.9…

Fresh calls for gene technology moratorium

This content was published on Mar 30, 2001 They say proposals by the Senate to impose tight controls on growers of GM plants do not go far enough. Organisations including Pro Natura and the Swiss branch of the World Wide Fund for Nature want a clearly defined, legal moratorium. During their discussion on legislation governing gene technology, members of the Senate said their…

Switzerland joins criticism of United States over Kyoto climbdown

This content was published on Mar 30, 2001 During bilateral talks in Geneva with the French president, Jacques Chirac, Leuenberger said he was “very disappointed with the decision taken by the United States” and guaranteed that Switzerland would honour the agreement signed in Japan in 1997. “The climate protocol is connected with the issue of human rights,” Leuenberger said after this meeting. “If…

SAirGroup shares come under heavy pressure

This content was published on Mar 30, 2001 Shares in the company, which is due to announce its long-awaited financial figures at a news conference in Zurich on Monday, plunged by more than eight per cent during the course of the day. Market players believe that there are some people who know “something more” than others, ahead of the scheduled meeting. Figures showing…

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Switzerland notches up wettest March on record

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Delays around Gotthard tunnel likely until 2005

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SAirGroup reports loss of nearly SFr3 billion

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Speculation grows over SAirGroup’s future

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Traffic returns to normal around Gotthard Tunnel

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Switzerland and Europe look toward increasing scientific ties

More

Russia calls for more investment by Swiss companies

More

Fresh calls for gene technology moratorium

More

Switzerland joins criticism of United States over Kyoto climbdown

More

SAirGroup shares come under heavy pressure

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