Cluster: Archive

Hopes dashed for massive mobile phone windfall

This content was published on Aug 2, 2000 At a news conference in Zurich, the Federal Office for Communication said it now believes the auction of the third generation UMTS licences will net between SFr3 billion ($1.78 billion) and SFr6 billion. Although still a significant sum, the figure is much lower than earlier estimates that the sale could bring in up to SFr10…

UBS and Newsweek apologise for insensitive advertisement

This content was published on Aug 2, 2000 Newsweek said the decision to print the advertisement in the middle of a special report about the crash was entirely its own mistake. A spokesman said the magazine had checked for airline advertisements, but had not thought of screening banking advertisements. The double-page advertisement for UBS shows a technician checking the tyres on an aircraft,…

IOC commission approves new drug tests

This content was published on Aug 1, 2000 For that to happen, however, the tests must first be approved by the IOC’s lawyers. A final decision would then be taken at the Committee’s executive board meeting at the end of August. IOC officials said they were keen to see the tests implemented in time for the Games, but stressed that they could not…

Fast food opponents savour taste

This content was published on Aug 1, 2000 Around 1700 people in Switzerland are members of Slow Food, which was founded in Italy in 1986. Worldwide, the organisation has about 60,000 members in more than 30 countries. Its profile has been boosted by a series of setbacks suffered by the food industry in recent years. Mad cow disease, the discovery of dioxins in…

IOC drug experts to announce EPO decision

This content was published on Aug 1, 2000 IOC medical experts and seven independent scientists are taking part in the meeting, which is considering the value of two rival tests, formulated by French and Australian researchers. As well as examining the ability of the tests to trace the drug, the panel will have to be convinced that the procedures are practical. The IOC’s…

Switzerland supports the other Africa

This content was published on Aug 1, 2000 The country is currently enjoying peace, stability and economic growth following almost two decades of civil war. Addressing the conference, the Swiss foreign minister, Joseph Deiss, warned against taking a pessimistic approach to Africa. “There are many different faces to Africa,” he said. “Sierra Leone and the Congo are no more representative of Africa than…

Germany’s mobile phone licences up for grabs

This content was published on Jul 31, 2000 Mobile phone operators are expected to bid around SFr45 billion for the four to six licences on offer at the auction in Mainz. The bidders include Swisscom-backed Debitel and Spanish-Finnish consortium, Group 3G. Also in running are existing German mobile phone operators, Deutsche Telekom, Mannesmann Mobilfunk, E-Plus Hutchison, Viag Interkom and MobilCom. “It is quite…

Berne Cantonal Bank seeks second market listing

This content was published on Jul 31, 2000 The stock to be quoted represents 22 per cent of the capital of some nine million shares, said bank spokesman Pieter Lienhard. On the Berne Telephonic Bourse – a small regional exchange where orders are transmitted by members on the telephone – the stock was quoted at SFr136. The high for the year was SFr139…

Defence minister rejects using military airport as international hub

This content was published on Jul 31, 2000 In a newspaper interview on Monday, Ogi rejected the idea out of hand, saying Payerne, in western Switzerland, was the country’s main military airport. He was reacting to a proposal put forward over the weekend by the head of the air accident investigation bureau, Jean Overney. In the wake of the crash of a Concorde…

Swiss franc slides further against dollar

This content was published on Jul 31, 2000 On Monday, the dollar pushed through the SFr1.6760 level, after reaching a high of SFr1.6740 on Friday. The US second quarter GDP numbers upset hopes that the economic tide might be turning in Europe’s favour. American economic growth is still outpacing that of Europe, causing the euro and the Swiss franc to remain low against…

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Hopes dashed for massive mobile phone windfall

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UBS and Newsweek apologise for insensitive advertisement

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IOC commission approves new drug tests

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Fast food opponents savour taste

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IOC drug experts to announce EPO decision

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Switzerland supports the other Africa

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Germany’s mobile phone licences up for grabs

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Berne Cantonal Bank seeks second market listing

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Defence minister rejects using military airport as international hub

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Swiss franc slides further against dollar

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