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Holderbank cool as Lafarge cements top spot

This content was published on Jan 9, 2001 Holderbank’s fall from the top spot appears to have been sealed on Monday when the French group Lafarge, announced it was to buy the British company, Blue Circle Industries for SFr7.45 billion ($4.6 billion). If the merger goes through, the new company will dwarf Holderbank. The deal has been a long time coming and finally…

Swiss farmers target Coop over prices

This content was published on Jan 8, 2001 The protests began early Monday morning outside three Coop distribution centres near Zurich, St Gallen and Bern. Hundreds of farmers gathered to voice their concern about the direction of Swiss agricultural policy. Melchior Ehrler, managing director of the Swiss Farmers Union said: “Prices for farmers are decreasing and prices for consumers are rising so we…

Unions go on offensive against low wages

This content was published on Jan 8, 2001 The federation’s president, Paul Rechsteiner, said in Bern on Monday that salaries in several traditionally low-pay sectors, such as retail and cleaning companies, had gone up. He credited the unions for the success. Rechsteiner said the federation would step up the fight against what he called scandalously low wages. He said he was pleased to…

Swiss farmers stage protest against Coop

This content was published on Jan 8, 2001 Close to one thousand farmers blocked accesses to four Coop distribution centres near Zurich and St. Gallen. A demonstration was also held in front of the Federal Agriculture Office in Bern. The protests, which started before dawn, were sparked by Coop’s move to pay farmers less for their products. They ended without any reports of…

New financial website to open soon

This content was published on Jan 8, 2001 The new site will be called www.moneycab.com. The former editor in chief of Cash magazine, Marcus Gisler, will head a team of 15 to 20 reporters. Franziska Hügli will be the site’s editor. She was formerly head of the financial section of “Bilanz” magazine. The new venture will offer general economic and financial news and…

Roche forges new diagnostic alliance

This content was published on Jan 8, 2001 Under the three-year deal, Millennium will receive a licensing fee, royalties and funding for research. Roche gets certain research and development rights and will market products resulting from the alliance. “The combination of Roche’s world-class strength in diagnostics with Millennium’s strong position in genomics and proteomics will bring revolutionary diagnostic products to the market,” said…

Star-gazers prepare for lunar eclipse

This content was published on Jan 7, 2001 Weather permitting, the rare spectacle will see the full moon turn ochre and copper-coloured for just over an hour, before returning to its full brilliance. The phenomenon has not created the same sort of excitement as the total eclipse of the sun visible in parts of Europe in August 1999, partly because it is a…

Business Outlook

This content was published on Jan 7, 2001 Getting results in early is the medical technology group, Synthestretic, which is scheduled to produce its figures on Thursday. The company has regularly recorded sales growth of around 15 to 20 per cent in recent years, with net profit figures normally around 20 to 30 per cent. Analysts expect similar results to be announced this…

Franc stronger against major currencies

This content was published on Jan 6, 2001 The biggest gain was made against the Japanese yen (plus 8.4 per cent), but there were also above average gains against the dollar (plus 5.3 per cent) and against the British pound (plus 2.8 per cent). The ministry said on Saturday the franc had made much more moderate gains against the common European currency. The…

Geneva dogs are first to get electronic chips

This content was published on Jan 6, 2001 Owners have until the end of the month to have the device fitted or face a stiff fine. The “electronic flea” is a small chip inserted via a needle into the dog’s left shoulder. The authorities say they firmly believe the new system will be more effective than the old one. “Since 1967, all dogs…

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Holderbank cool as Lafarge cements top spot

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Swiss farmers target Coop over prices

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Unions go on offensive against low wages

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Swiss farmers stage protest against Coop

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New financial website to open soon

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Roche forges new diagnostic alliance

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Star-gazers prepare for lunar eclipse

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Business Outlook

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Franc stronger against major currencies

More

Geneva dogs are first to get electronic chips

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