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Roche sales rise 12 per cent

This content was published on Jan 13, 2000 Sales at the Basel-based pharmaceuticals group, Roche, rose 12 per cent last year, to SFr27.6 billion. That is above analysts’ expectations of about nine per cent growth. Roche said it expected to post good results for 1999, excluding special items, such as the floating of part of its US biotechnology unit Genentech, and the fines…

Memorial service for Crossair crash victims takes place

This content was published on Jan 13, 2000 A memorial service is underway for the ten people who died in Monday’s Crossair plane crash near Zurich. The transport minister, Moritz Leuenberger, is representing the Swiss government at the service in Basel cathedral. Also attending are diplomats from Germany, France, Spain, Moldova and Slovakia, the countries from which the seven passengers and three crew…

Trade unions want more jobs, better wages

This content was published on Jan 13, 2000 The Swiss Trade Union Federation has demanded more income for those on low and medium salaries, and a flexible retirement age. It also argued that more jobs had to be created in Switzerland. Looking back over the past decade at its annual news conference in Berne, the federation president, Paul Rechsteiner, said that the rich…

SIG cuts jobs and sells arms division

This content was published on Jan 13, 2000 The Swiss industrial company, SIG, has announced major plans for restructuring that will cost 370 jobs in Switzerland, Germany and the United States. At a news conference in Zurich, the Schaffhausen-based company said around 60 people would take early retirement, but it said redundancies could not be ruled out. In Switzerland, 110 jobs will be…

Trade unions for more jobs, better wages

This content was published on Jan 13, 2000 Swiss trade unions are pressing for more jobs, higher wages and further reforms to the old-age pension scheme. At its annual news conference in the capital, Berne, the Trade Union Federation said these were its main targets for the year 2000. The federation’s chief economist, Serge Gaillard, said despite the fall in unemployment to 2.1…

C&W buys two Swiss Internet providers

This content was published on Jan 13, 2000 The British telecommunications company, Cable and Wireless, has bought eight of Europe’s top Internet service providers, two of them Swiss. It said it had purchased the eight companies, and another two announced earlier, for a total of $500 million. C&W said it would invest a further $500 million in the companies to expand its Internet…

Reports say at least 18 survivors of plane crash

This content was published on Jan 13, 2000 The state-run Libyan news agency has quoted government officials as saying 18 people have survived the crash of a Swiss-owned aeroplane. 15 of the more than 40 people on board the Shorts 360-300 aircraft are believed to have died. The plane – which belonged to the Swiss firm, Avisto – crashed into the sea as…

Cabinet tackles GM food in first session of 2000

This content was published on Jan 12, 2000 The Swiss cabinet has held its first session of the new year, and the contentious issue of genetically modified foods was at the top of the agenda. The seven minister said they were tending towards maintaining the status quo, in which producers have to obtain official approval to sow GM crops, rather than introducing a…

Ageing is something to look forward to

This content was published on Jan 12, 2000 The age between 65 and 79 is not old age anymore, it is the third age, and a positive time for most people. A new survey by the Swiss National Research Foundation says a quiet revolution has been taking place among the lives of retired people. The survey looked at the situation of older people…

Swisscom cuts interconnection prices

This content was published on Jan 12, 2000 The former telecommunications monopoly, Swisscom, has reached an agreement with six rival operators to cut interconnection prices for the year 2000 by 16 to 19 per cent compared to 1999. The interconnection price is what Swisscom charges other telecommunications companies to use its network to connect calls. Swisscom said its new deal with Sunrise, Tele2,…

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Roche sales rise 12 per cent

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Memorial service for Crossair crash victims takes place

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Trade unions want more jobs, better wages

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SIG cuts jobs and sells arms division

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Trade unions for more jobs, better wages

More

C&W buys two Swiss Internet providers

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Reports say at least 18 survivors of plane crash

More

Cabinet tackles GM food in first session of 2000

More

Ageing is something to look forward to

More

Swisscom cuts interconnection prices

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