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Piccard-Jones trophy launched in Chateau-d’Oex

This content was published on Mar 1, 2001 The Piccard-Jones trophy will involve more traditional balloons than the space-age style craft that carried the Swiss psychologist and his British co-pilot from their Chateau-d’Oex take-off point and into the record books, and the eventual winners are not expected to fly for more than a day. But the rules of the new competition have been…

Swiss Tilsit cheese returns to its roots

This content was published on Mar 1, 2001 The hard cheese, which is one of Switzerland’s top 10 brands along with Swatch and Rivella, is being marketed to Russians in Moscow and St Petersburg. But unlike in Switzerland, where Tilsit is an everyday affordable cheese, in Russia it is a veritable luxury. Lukas Eichenseher, the man who imports Tilsit to Russia, told swissinfo…

Watch exports continue to clock up growth

This content was published on Mar 1, 2001 There had been fears that the watch industry would be hit by the economic slowdown in the United States, but those fears have so far proved unfounded. Exports to the US grew by 28.5 per cent to SFr129 million, while those to Hong Kong were up 26.3 per cent to SFr116 million. Some sectors showed…

Markets disappointed with Synthes-Stratec numbers

This content was published on Mar 1, 2001 Synthes-Stratec reported a 32 per cent increase in operating earnings on Thursday on sales growth of 26 per cent. The company said sales stood at SFr1.33 billion ($797 million) compared to SFr1.05 billion in 1999. Net profit before extraordinary costs rose by 38 per cent to SFr298.3 million which was slightly below analysts’ expectations. But…

Geneva hosts first exhibition on gateway to Rome

This content was published on Mar 1, 2001 Ostia, which sits at the mouth of the Tiber (it’s name means mouth of a river), was the lifeline for the million-strong population of Rome. Through its busy harbours came grain from North Africa, marble for buildings, exotic animals for the Colosseum, and new ideas and religions. “Ostia was the gateway to the most important…

Roche profits take a leap but drugs sales remain weak

This content was published on Mar 1, 2001 Among those deals was the sale of the company’s stake in US biotech firm, Genentech, which earned the group a hefty profit of SFr2.5 billion. Net profit on an adjusted basis from continuing businesses rose 14 per cent to SFr5.01 billion. This was in line with analysts’ expectations. Extraordinary income helped to mask a rather…

Swiss moot new fiscal measures to defuse EU pressure over tax evasion

This content was published on Feb 28, 2001 Experts have proposed a new tax on the interest accrued on foreign assets held in Swiss bank accounts. This would mean that any EU national holding an account in Switzerland would have to pay tax on the interest generated by their assets. The money generated by this new tax would be kept in a Swiss…

Latest economic survey indicates further slowdown

This content was published on Feb 28, 2001 The monthly survey conducted by the Swiss Institute for Business Cycle Research showed that growth in new orders was slowing. But it found a modest rise in the number of firms planning higher materials purchases. An Institute economist said the slowdown might end by the middle of the year but added that further data would…

Swiss see US a sweet land of waste, fast food and problems

This content was published on Feb 28, 2001 Swiss views about America are revealed in a survey of over 1,000 people whose opinions were canvassed by the research institute, GfS. Some 84 per cent said Americans were incapable of getting to the bottom of their problems, and a similar number feel that the US is the supreme example of a land of waste.…

Government to push ahead with tax cuts

This content was published on Feb 28, 2001 The finance ministry said the aim was to improve and simplify the tax system and to boost Switzerland’s competitiveness for investors. The three-point plan foresees tax breaks for married couples and families, including benefits for childcare, and measures to reduce the costs of health premiums. The government is also planning changes for property owners. They…

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Piccard-Jones trophy launched in Chateau-d’Oex

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Swiss Tilsit cheese returns to its roots

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Watch exports continue to clock up growth

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Markets disappointed with Synthes-Stratec numbers

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Geneva hosts first exhibition on gateway to Rome

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Roche profits take a leap but drugs sales remain weak

More

Swiss moot new fiscal measures to defuse EU pressure over tax evasion

More

Latest economic survey indicates further slowdown

More

Swiss see US a sweet land of waste, fast food and problems

More

Government to push ahead with tax cuts

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