Cluster: Archive

High-speed Internet tests to begin next month

This content was published on Jun 20, 2000 The trial will begin in Geneva and Zurich on July 17, and will be extended to other metropolitan areas if successful. During the two-month experiment, KPNQwest will introduce a technology known as Asymmetric Digital Subscriber Line (ADSL), which brings high bandwidth information to homes and businesses using ordinary copper lines and offers access to the…

Swisscom wields axe in bid to streamline operations

This content was published on Jun 20, 2000 The former state monopoly is to close 17 regional logistics centres across the country with the loss of 165 jobs. The country’s biggest telecommunications company, Swisscom, is shedding more jobs as it continues its policy of slimming down to concentrate on its core businesses. The former state monopoly is to close seventeen regional logistics centres…

EFTA eases trade with eastern European countries

This content was published on Jun 20, 2000 Ministers from the EFTA countries – Norway, Iceland, Liechtenstein and Switzerland – on Monday signed a free trade agreement with Macedonia, and agreed to work more closely with Croatia and Ukraine. The meeting, chaired by Switzerland, focussed on relations with countries outside the European Union. EFTA is currently holding talks with 10 countries on ways…

Study finds Swiss values losing ground

This content was published on Jun 20, 2000 The report collated research from surveys into all aspects of Swiss life over the last three decades. Some of the findings are not a big surprise; the fact that more women now work has naturally affected their role in society, and it has changed family structures. In addition, both men and women are seeking more…

Selling it with creativity

This content was published on Jun 19, 2000 The number of Swiss entries has doubled since last year, with more than 250 television and cinema commercials and 120 posters. They’re competing for numerous awards at what is the biggest rendezvous for marketing and advertising executives. Switzerland spends around SFr6 billion a year on publicity, so it’s an important event for the industry. As…

ABB wins large order for London substation

This content was published on Jun 19, 2000 A communiqué from ABB headquarters in Zurich said that the Swiss subsidiary, ABB Switzerland, would have a SFr50 million stake in the deal. The contract has been placed by National Grid (NGC) ansd is the largest value high-voltage substation order placed by NGC to date. The project is part of NGC’s programme to upgrade the…

Profits sparkle at mineral water company but sales decline

This content was published on Jun 19, 2000 In its annual report, the company says that the 1999 business year can be described a “satisfactory”. However, it singles out the “excellent” performance of its Virgin ice tea which was launched in January 1999. The company explains the falling turnover by “disappointing” weather conditions and the end of its contract with the Lipton brand.…

BIS reports heightened market volatility

This content was published on Jun 19, 2000 Regarded as the central bank of central banks, the BIS says that equity markets were the most volatile, particularly those trading technology stocks. However, in its quarterly review, it adds that the volatility also extended to the fixed income markets and major currencies. The BIS says one source of volatility seemed to be the uncertainty…

Geneva says it with flowers

This content was published on Jun 19, 2000 This year’s Geneva International Competition for New Roses was won by Robert Laperrière, from France. His winning variety was a velvet red hybrid tea which will be named after Geneva’s cantonal education minister, Martine Brunschwig-Graf. The competition, which began in 1947, is staged in the magnificent setting of the Parc la Grange, which overlooks Lake…

EFTA expected to ease trade barriers with eastern neighbours

This content was published on Jun 19, 2000 The main beneficiary of today’s meeting will be Macedonia. Ministers from the four EFTA countries – Norway, Iceland, Liechtenstein and Switzerland – are expected to tear down all remaining trade barriers with the impoverished state. They are also scheduled to sign cooperation agreements with Ukraine and Croatia. But a bigger prize – a free trade…

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High-speed Internet tests to begin next month

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Swisscom wields axe in bid to streamline operations

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EFTA eases trade with eastern European countries

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Study finds Swiss values losing ground

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Selling it with creativity

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ABB wins large order for London substation

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Profits sparkle at mineral water company but sales decline

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BIS reports heightened market volatility

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Geneva says it with flowers

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EFTA expected to ease trade barriers with eastern neighbours

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