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Green light for diAx/Sunrise merger

This content was published on Dec 19, 2000 The commission said on Tuesday it had taken a detailed look at the proposed merger and concluded that it did not represent a danger to competition in Switzerland. It said in a statement that the two companies would only have significant market share in the provision of Internet services. It added that since this is…

Crossair plane slides off runway in Dresden

This content was published on Dec 19, 2000 A Crossair spokesman in Basel said the Saab 2000, with 18 people and four crew members on board, applied its brakes while cruising down the runway at 140 kilometres per hour. The plane, which was due to fly from Dresden to Zurich, went off the runway, and hit a lighting beacon. The runway was blocked…

Salary increases to hit 10-year high

This content was published on Dec 18, 2000 The figures, released by the Swiss Economics Ministry, constitute a increase of about three per cent over the previous year. The ministry says average household income should rise by around five per cent when tax discounts and other savings are taken into account. Trade unions have welcomed the boost in salaries but say that there…

Swiss see investment in science as key to staying competitive

This content was published on Dec 18, 2000 The interior minister, Ruth Dreifuss, said on Monday that SFr126 million ($75 million) had been set aside to develop Swiss know-how in a number of fields. Ten projects were chosen out of 229 put forward. As well as government funding, each project will be allocated a research centre and linked to a network of researchers…

Swiss alpine hamlet sold

This content was published on Dec 18, 2000 The small settlement, which was once a high mountain pasture, belonged to a family from Lucerne, who has spent the past decade looking for a buyer. The original asking price for the hamlet was SFr4.5 million but the family finally sold it for just over SFr1 million. The hamlet sits on 8.5 hectares of land…

Booming summer takes pressure off tourism operators

This content was published on Dec 18, 2000 The latest figures, released by the federal statistics office on Monday, are welcome news for tourist operators who fear that unseasonably warm weather this winter could dent visitor numbers. The number of overnight stays during the summer rose by 823,000 over 1999, an increase of 4.5 per cent. The biggest rises were recorded in central…

Swiss franc gains ground against the dollar

This content was published on Dec 18, 2000 The dollar has fallen from 14-year highs against the franc over concerns that the slowdown in the US economy could turn into a full-blown recession. Recent volatility on the tech-heavy Nasdaq and Dow Jones stock markets, as well as speculation of a US interest rate cut to fuel growth is weighing on the dollar. Financial…

Business outlook

This content was published on Dec 17, 2000 Trading volume will be thin on the SMI and the index is likely to remain in a narrow trading range between 7900 and 8100. There were some hopes that the SMI might stage a final year-end push after the United States presidential election was finally settled but a clutch of profit warnings from blue chip…

Swiss firm uses the Net to close in on art thieves

This content was published on Dec 17, 2000 There was a staggering 80 per cent increase in the number of art objects stolen between 1997 and 1999. Only three per cent of them have been recovered, and even then it is difficult to prove who the owner is. Most of the art treasures stolen in Europe have been sold in the United States…

Geneva wants to take the pressure off Zurich airport

This content was published on Dec 17, 2000 Carlo Lamprecht, Geneva’s economic head, confirmed reports that he had been in contact with his Zurich counterpart, Ruedi Jeker. He said he had suggested improving shuttle links between the two cities’ airports. Resistance has been fierce from those living around Kloten. Last week the Federal Court rejected an appeal from environmental and residents’ groups against…

Cluster: Archive

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Cluster: Archive

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Green light for diAx/Sunrise merger

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Crossair plane slides off runway in Dresden

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Salary increases to hit 10-year high

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Swiss see investment in science as key to staying competitive

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Swiss alpine hamlet sold

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Booming summer takes pressure off tourism operators

More

Swiss franc gains ground against the dollar

More

Business outlook

More

Swiss firm uses the Net to close in on art thieves

More

Geneva wants to take the pressure off Zurich airport

Popular Stories

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