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FIFA to move to new location near Zurich airport

This content was published on Dec 13, 2000 The plans were revealed at a news conference on Wednesday given by FIFA president, Joseph Blatter, and the SAirGroup president and chief executive, Philippe Bruggisser. The construction project is to be headed by AviReal, an SAirGroup subsidiary active in real estate. Blatter said the decision was motivated by the organisation’s need for better access to…

Swiss trains to undergo major face-lift

This content was published on Dec 13, 2000 More than 500 coaches will be completely renovated at the company’s carriage workshops in Olten, canton Solothurn. Presenting the first of the renovated coaches on Wednesday, the Federal Railways said that improvements would be visible both inside and outside. The most striking change is that the traditional green colour of the coaches will be replaced…

Parliament approves balanced budget for 2001

This content was published on Dec 13, 2000 The budget is based on revenue of just under SFr49 billion ($28.5 billion) and spending of almost as much. The figures do not include SFr205 million in revenue from the recent sale of four UMTS mobile phone licences. After several debates in parliament, the House of Representatives on Wednesday followed the Senate in approving the…

Sunrise boss defects to Ascom

This content was published on Dec 13, 2000 The 46-year-old Fischer will take over from Ascom boss, Hans-Ulrich Schroeder, who has run the Bern-based concern since 1995. Ascom president, Fred Rüssli, said he was looking forward to working closely with Fischer. “The chemistry between us works.” The markets applauded Fischer’s appointment, saying any move to inject fresh blood into Ascom would be good…

Three feared dead after huge landslide hits Valais

This content was published on Dec 13, 2000 Police said an “enormous” amount of mud and rock rolled 1,000 metres down into the valley, sweeping away two chalets and a number of farm buildings late on Tuesday. The landslide – which occurred in the area of Condémine-Fey – swept into the Rhone river, causing it to flood for a time. Police said the…

EFTA set to strengthen trade ties with Latin America

This content was published on Dec 12, 2000 The deal with Mercosur, signed on Tuesday, is seen as a first step towards a free trade agreement. The Swiss economics minister, Pascal Couchepin, as well as ministers from the three other EFTA countries, Iceland, Liechtenstein and Norway, were present at the ceremony. The Mercosur members are Argentina, Brazil, Paraguay and Uruguay. An EFTA spokesman…

Tourists flock to Switzerland despite absence of snow

This content was published on Dec 12, 2000 Switzerland Tourism said on Tuesday that visitor numbers were easily equal to those of last year, and there were no indications that a slump was imminent. One reason, according to Switzerland Tourism spokeswoman, Daniela Gren, is that Swiss people make up the largest proportion of tourists and, because they can ski at any time, they…

Top two restaurants hold on to their star quality

This content was published on Dec 12, 2000 Rochat is a chef at the “Restaurant de l’Hotel de Ville” in Crissier while Rabaey works at the “Pont de Brent” in Montreux. The number of restaurants awarded two stars rose to 10 from eight the previous year. The “Auberge du Raisin” in canton Vaud and the “Bruderholz” in Basel were promoted to become the…

Life policies drive growth in insurance business

This content was published on Dec 12, 2000 Swiss Re said that in 1999 global premium income in the insurance industry, adjusted for inflation, recorded growth of 4.5 per cent. The company said booming sales of life insurance policies accounted for most of the growth. Worldwide premium volume in 1999 amounted to $2,324 billion (SFr3,974 billion), with life insurance accounting for 61 per…

Serono links up with US firm

This content was published on Dec 12, 2000 The deal, announced on Tuesday, aims to discover, develop and market inhibitors for the treatment of neurological and inflammatory diseases. Under the terms of the accord, Vertex could receive up to $95 million (SFr162 million) to support and expand its drug discovery activities. A statement said the two companies expected to select a first drug…

Cluster: Archive

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