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Syngenta makes rocky stock market debut

This content was published on Nov 13, 2000 After being launched on the Swiss bourse at an opening price of SFr85 per share, it dropped more than 12 per cent during the day to a low of SFr74, and eventually closed trading on Switzerland’s SWX market at SFr79.50. Analysts said the plunge was surprising, expecially given that the launch price had already been…

Swiss mobile phone licence auction postponed

This content was published on Nov 13, 2000 A spokesman for the federal communications office, which organised the auction of the Universal Mobile Telecommunications System (UMTS) licences, made the announcement of a postponement at a news conference in Bern. The head of the office, Marc Furrer, said the merger decision late on Sunday by two of the remaining five bidders, Sunrise and diAx,…

Economics minister leads Swiss business offensive into Dubai

This content was published on Nov 13, 2000 Although geographically small, the UAE wields impressive economic clout in the Gulf region. It’s also a big importer of Swiss goods – particularly watches and machinery – buying around SFr500 million ($285 million) worth every year. The UAE’s importance to the Swiss economy is highlighted by the fact that more Swiss businesses are located in…

Swiss to push for cuts in greenhouse gas emissions

This content was published on Nov 13, 2000 The Swiss delegation, led by the environment minister, Moritz Leuenberger, will urge the developed world to set the example. From November 13 to 24, signatories to the United Nations Convention on Climate Change will meet to discuss ways of implementing the Kyoto Protocol. That agreement, signed in 1997, lays down targets for the reduction of…

The Foire de Genève: a matter of taste

This content was published on Nov 13, 2000 Almost 300,000 people are expected to visit the “Foire de Genève” during the 12 days it is open, making it the second-biggest annual fair at the city’s Palexpo exhibition centre. Now a key date in the Geneva calendar, the fair has evolved into far more than just a line-up of the latest in vacuum cleaners,…

Working group set up to deal with dangerous dogs

This content was published on Nov 13, 2000 The announcement comes just days after the first death in Switzerland directly caused by a dog. A 33-year-old Brazilian woman drowned on Friday after jumping into a river in Zurich to escape a Doberman, which was attacking her. The director of the federal office, Hans Wyss, confirmed reports in the “SonntagsBlick” newspaper that a working…

Merger shakes up Swiss telecom sector

This content was published on Nov 13, 2000 The deals agreed by Tele Danmark, which is 42 per cent owned by the US giant, SBC Communications, led to the postponement of the auction of Switzerland’s third generation mobile phone licences. Tele Danmark is to raise its stake in Sunrise Communications to 89 per cent by buying British Telecom’s entire share in the company…

Ogi attends memorial service for Valais flood victims

This content was published on Nov 13, 2000 Ogi offered words of encouragement to local people and expressed the government’s gratitude for the solidarity and support shown by the country as a whole. He praised local authorities, the rescue services and volunteers who poured into the canton to search for the dead and help the reconstruction. Ogi said life was slowly returning to…

Switzerland sells affordable dreams at London fair

This content was published on Nov 13, 2000 At a recent meeting of Swiss tourism executives, the economics minister, Pascal Couchepin, said it was the industry’s duty to sell dreams. For Switzerland, those dreams are an extremely valuable commodity. Tourism ranks third in Swiss export revenues behind the metal, machine and chemical industries, but ahead of watchmaking. Tourism had a 5.4 per cent…

Uncertainty over Swiss UMTS licence sale

This content was published on Nov 12, 2000 At nine o’clock in the morning, all eyes will be on the Internet at “umtsauction.ch” as the bidding starts for four Swiss licences for the Universal Mobile Telecommunications System (UMTS). However, there is speculation that two of the remaining five bidders, Sunrise and Diax, may shortly announce their merger. This would leave only four companies…

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Syngenta makes rocky stock market debut

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Swiss mobile phone licence auction postponed

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Economics minister leads Swiss business offensive into Dubai

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Swiss to push for cuts in greenhouse gas emissions

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The Foire de Genève: a matter of taste

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Working group set up to deal with dangerous dogs

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Merger shakes up Swiss telecom sector

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Ogi attends memorial service for Valais flood victims

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Switzerland sells affordable dreams at London fair

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Uncertainty over Swiss UMTS licence sale

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