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St Moritz offers speed thrills and culinary delights

This content was published on Jan 16, 2001 The sport of bobsleighing began life in the Engadine resort, and St Moritz boasts the world’s last remaining natural ice track. It will be the site for the two and four man bobsleigh World Championships. The 1.6 kilometre-long run subjects athletes to more than five G-forces and the sleighs reach speeds up to 147 kilometres…

Nestlé to become a world leader in pet food production

This content was published on Jan 16, 2001 The move – also confirmed by the US company- will make Nestlé one of the world’s largest pet food producers. In a statement from its headquarters in Vevey, Nestlé said it would pay $33.50 per share in cash. Analysts say a deal could raise anti-trust questions, forcing Nestlé to divest itself of some brands to…

Nestlé reportedly ready to pay $10 billion for US pet food group

This content was published on Jan 15, 2001 The Wall Street Journal said on Monday that a deal could be announced within days. Neither company would comment on the report, which quoted unnamed sources close to the companies. It is believed that Nestlé is offering nearly $33 for each Ralston share – roughly 34 per cent more than the St Louis-based company’s closing…

Swiss forests losing their leaves

This content was published on Jan 15, 2001 The latest “Sanasilva” report from the Federal Institute for Forest, Snow and Landscape Research, released on Monday, said defoliation had risen in Swiss forests for the first time since 1995. It said that overall nearly 30 per cent of 1,100 trees examined across the country showed a loss of more than a quarter of their…

Ushering in the “old” New Year

This content was published on Jan 15, 2001 On a cold winter’s morning, the bells make a frightening racket. Cows start mooing in protest, dogs bark in fear. The clanging can be heard high up on the steep hillsides outside the village of Urnäsch. It’s not yet daybreak on January 13, and a group of men in costumes, with large cow and sleigh…

Swiss cheese fails to lure mouse off plane in Zurich

This content was published on Jan 15, 2001 Speaking on Monday, a spokesman for the SAirGroup said a mouse had been seen in the cockpit of a Balair Boeing 767 an hour before it was due to take-off on Sunday. The spokesman said a mouse-catcher had immediately been dispatched to try and track it down, but was unable to find it. Mousetraps filled…

Philip Morris relocates to Lausanne

This content was published on Jan 15, 2001 The move is aimed at speeding up the company’s decision-making process by alleviating the time difference between major markets. The move will be completed in a year’s time. The details of the new operation in Lausanne will be released in three months. The tobacco giant’s business activities in Europe, Africa and the Middle East are…

Gretag Imaging issues new profit warning

This content was published on Jan 15, 2001 Gretag Imaging said on Monday that annual sales had come in at the lower end of expectations. The company’s new chief executive, William Recker, said the firm was facing a financial burden caused by its inefficient structure. He added that it also lacked a clear strategy. In November, the company said net profit for 2000…

Crime novelist sticks knife into Basel pharmaceutical giants

This content was published on Jan 15, 2001 Set mainly in Kenya, “The Constant Gardener” pits its hero, Justin Quayle – an increasingly disillusioned British diplomat – against “KVH”, a fictitious pharmaceutical multinational that sells a tuberculosis drug, Dypraxa. As Quayle investigates his opponent, he learns how KVH, a Swiss-US-Canadian concern, distorted clinical trials in order to get Dypraxa on to the market…

Swiss aviation officials could ban Russian aircraft

This content was published on Jan 14, 2001 A spokesman for the federal civil aviation department, Lenz Jecklin, said the Ilyushin 86 did not meet international safety regulations. Jecklin told the Swiss news agency that investigators had found that, on one plane, the electronic equipment for identifying the risks of a mid-air collision was not working. Switzerland has told the two operating airlines,…

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St Moritz offers speed thrills and culinary delights

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Nestlé to become a world leader in pet food production

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Nestlé reportedly ready to pay $10 billion for US pet food group

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Swiss forests losing their leaves

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Ushering in the “old” New Year

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Swiss cheese fails to lure mouse off plane in Zurich

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Philip Morris relocates to Lausanne

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Gretag Imaging issues new profit warning

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Crime novelist sticks knife into Basel pharmaceutical giants

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Swiss aviation officials could ban Russian aircraft

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