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Roche: first-half profits up 15 percent after charges, gains

This content was published on Aug 19, 1999 (AP) — Swiss pharmaceutical giant Roche said Thursday its first-half net profit rose by 15 percent on the same period last year to SFr2.9 billion ($1.9 billion). The figure took into account special charges related to its involvement in a vitamins price-fixing scheme, Roche said. It also included a gain of SFr1.6 billion ($1.05 billion)…

Swiss, international teams search for Turkey quake survivors

This content was published on Aug 18, 1999 A second Swiss rescue team joined international relief efforts in Turkey on Wednesday as local crews faced the dual tasks of searching for bodies and aiding survivors from the previous day’s massive earthquake. The Swiss team is made up of 90 delegates of the Swiss Disaster Unit and includes 18 sniffer dogs and special search…

ABB Switzerland releases six months figures

This content was published on Aug 18, 1999 Orders received by the Swiss division of the international electrical engineering concern, ABB, have fallen short of last year’s record level but revenues are up. According to figures released on Wednesday, ABB Switzerland took orders worth SFr2,922 (SFr3,620 million the previous year) in the first six months. Revenues rose to SFr2,814 million, up 16 percent…

Switzerland may cut reconstruction aid over Bosnian bank crisis

This content was published on Aug 18, 1999 Switzerland said Wednesday it may cut back reconstruction aid for Bosnia-Herzegovina unless SFr1.5 million ($1 million) of reconstruction funds blocked in a Bosnian bank are not released and the banking crisis solved soon. The spokesman for the Swiss Agency for Development and Cooperation (SDC) said it was considering legal proceedings against the Bosnia and Herzegovina…

Revised banking law takes effect in October

This content was published on Aug 18, 1999 The Swiss government announced Wednesday that the revised banking law will come into force on October 1. This means that cantonal banks in Switzerland will soon be on an equal footing with other commercial banks. Adopted by parliament in April, the revision in particular abolishes the obligation of a state guarantee for cantonal banks. And…

First modular hotel assembled for Expo.01 exhibition

This content was published on Aug 18, 1999 Switzerland’s national exhibition Expo.01, which is due to take place around the lakes of Biel, Murten and Neuchâtel in the year 2001, has its first hotel in the town of Yverdon. Christened “Eco-Lodgia”, the hotel is one of the first concrete projects of the exhibition, which has been beset with management and financial problems over…

Swiss team assists search for Turkey quake victims

This content was published on Aug 17, 1999 A Swiss search and rescue advance team was on its way to Turkey on Tuesday to assist local efforts to find survivors of a massive earthquake that killed hundreds of people, Swiss authorities said. The Swiss Disaster Relief Unit said the nine-member advance team – which includes three sniffer dogs – would be followed Wednesday…

Swiss charity calls for continued aid for North Korea

This content was published on Aug 17, 1999 The Swiss Roman Catholic charity Caritas said Tuesday that international aid for North Korea must continue, even though a concerted international aid effort had succeeded in easing famine in the communist country. Jürg Krummenacher, the head of Caritas, told a news conference in Lucerne after a fact-finding mission in North Korea, that hospitals were short…

Ciba profits fall 53 percent in first half year

This content was published on Aug 17, 1999 (AP) — Ciba Specialty Chemicals Tuesday reported first-half group profit of SFr121 million ($79.6 million), a fall of 53 percent on the same period last year. The figure was below analysts’ forecasts of a 40 percent fall. Ciba shares were down 2.4 percent in early trading on the Zurich Stock Exchange. Group sales rose by…

Twike: the car of the future?

This content was published on Aug 17, 1999

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Roche: first-half profits up 15 percent after charges, gains

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Swiss, international teams search for Turkey quake survivors

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ABB Switzerland releases six months figures

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Switzerland may cut reconstruction aid over Bosnian bank crisis

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Revised banking law takes effect in October

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First modular hotel assembled for Expo.01 exhibition

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Swiss team assists search for Turkey quake victims

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Swiss charity calls for continued aid for North Korea

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Ciba profits fall 53 percent in first half year

More

Twike: the car of the future?

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