Cluster: Archive

GDP growth expected to slow

This content was published on Nov 29, 2000 The institute’s leading indicator for the Swiss economy fell to 1.09 in October from a downward revised 1.14 in September. This signals how gross domestic product should perform in six to nine months’ time. “The slowdown in GDP growth will last past the end of the year, according to the KOF cycle barometer’s trend information,”…

Ogi attends German parliament session

This content was published on Nov 29, 2000 Ogi, who arrived in Germany on Tuesday, was due to tour Berlin later in the day and view construction projects in the new German capital. He was also scheduled to meet the federal president, Johannes Rau, before wrapping up his visit. On Tuesday, Ogi, who is also defence minister, held talks with his German counterpart,…

Saia-Burgess expands in Germany

This content was published on Nov 29, 2000 LTD specialises in the development and production of locking systems, especially door locks for tumble-dryers, washing machines and dishwashers for domestic and industrial use. Saia-Burgess, which makes micro-switches, sensors and electrical engines, said in a statement: “This acquisition, like the recently announced participation in MiCS, the Neuchatel based sensor manufacturer, is a further step in…

Sharply lower profits at Gretag

This content was published on Nov 29, 2000 “Due to lower sales and unexpected costs in the second half of this year, net profit of SFr45 million to SFr55 million ($25-31 million) for 2000 will clearly fall short of what was previously expected,” Gretag said in a statement. On Wednesday, the company said that its chairman, William Recker, would take on the additional…

Swisscom presents mixed results

This content was published on Nov 29, 2000 However, the company said net profits would be slightly higher. Sales in the third quarter rose by 36 per cent to SFr10.5 billion, with much of the increase coming from Swisscom’s German mobile communications subsidiary, debitel, which posted revenues of SFr2.9 billion. Swisscom’s mobile communications business remained a growth sector with revenues rising by 21…

The dedicated followers of fashion of the academic world

This content was published on Nov 29, 2000 At the invitation of the Council of Swiss Scientific Academies, researchers from Switzerland and abroad are looking at the topic of “megatrends”. The term is academic shorthand for the snowballing nature of a particular research breakthrough. Important new findings in any scientific discipline, from medicine through sociology to zoology, can lead researchers in other areas…

Celebrating the pickle jar at the Thurgau Kunstmuseum

This content was published on Nov 29, 2000 The exhibition title, “Eingemachtes”, is a German wordplay, meaning both “pickle” and “getting to the heart of the matter”. Over 400 cooks have given Bottini more than 1,000 jars of pickles, plus the recipes used to make them. With preserves ranging from sugared fruit, mushrooms in vinegar, to a variety of relishes and chutney, the…

Body promoting Swiss image abroad faces cuts

This content was published on Nov 28, 2000 The decision to cut funding for “Presence Switzerland” was part of a wide-ranging debate in parliament on Tuesday on next year’s federal budget. The House approved a proposal to reduce the agency’s budget by SFr4 million to SFr7.5 million ($4.2 million). However, the Senate is likely to overurn the cutbacks when it debates the issue…

Finance ministry shelves plans for tax benefits

This content was published on Nov 28, 2000 Villiger said the delays were necessary to balance the federal budget over the next years. He warned that the deficit could reach SFr1 billion ($560 million) by 2004, if parliament approves the extra spending. In 1994, the federal government chalked up a record budget deficit of SFr7 billion. As a result, voters in 1998 approved…

Czech group bought by CSFB and Winterthur

This content was published on Nov 28, 2000 Union’s spokesman, Josef Rericha, said in a statement that the owners plan to sell the mid-sized bank Union Banka, a key part of the group, at a later date to an unspecified bank interested in Czech retail banking. Union Banka posted a nine-month loss of 37 million crowns on total assets of 25 billion crowns.…

Cluster: Archive

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Cluster: Archive

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GDP growth expected to slow

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Ogi attends German parliament session

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Saia-Burgess expands in Germany

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Sharply lower profits at Gretag

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Swisscom presents mixed results

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The dedicated followers of fashion of the academic world

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Celebrating the pickle jar at the Thurgau Kunstmuseum

More

Body promoting Swiss image abroad faces cuts

More

Finance ministry shelves plans for tax benefits

More

Czech group bought by CSFB and Winterthur

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