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Saurer board succumbs to Oerlikon’s charms

This content was published on Oct 17, 2006 Tuesday’s bid values Saurer at SFr1.96 billion and represents an increase of 45 per cent on the initial offer of SFr93.42 a share, made on September 6. “After reviewing this offer with Saurer’s senior management and its financial adviser Deutsche Bank, the board of directors comes to the conclusion that the offer should be regarded…

Solar pioneers set sights on New York

This content was published on Oct 16, 2006 The organisers say the purpose of the exclusively solar-powered trip is to raise public awareness of environmentally friendly forms of energy consumption. Foreign Minister Micheline Calmy-Rey sent the five-men crew on Sun21 on its way from the shores of the River Rhine on Monday. “You are pioneers and ambassadors of Switzerland and your boat represents…

Geneva rides global economic wave

This content was published on Oct 16, 2006 Surging global stock markets – the Swiss Market Index has reached record highs – have helped boost the sector’s fortunes, as has the growing influence of the city as a global centre for commodities trading. At its annual press conference on Monday, the Geneva Financial Center (GFC) painted a rosy picture for the city’s 22,752…

Einstein exhibition attracts record visitors

This content was published on Oct 16, 2006 “Einstein”, which has closed after a 16-month run, was set up exactly 100 years after the theoretical physicist came up with some of his most famous theories while living and working in the city. In 1905 Einstein published a series of groundbreaking papers – including that on relativity – that changed the way the universe…

Swiss score touchdown with American PR blitz

This content was published on Oct 14, 2006 Swiss Roots, which drew to a close on Friday, attracted around 150,000 people to more than 150 events spread over the past six months. “We are very satisfied; our objectives have been achieved,” said Raymond Loretan, Switzerland’s consul-general in New York. “Our team has travelled throughout the United States, from the west coast to the…

Swiss mobilise against world hunger

This content was published on Oct 14, 2006 Allied against Hunger was launched on Saturday in the Swiss capital, Bern, ahead of World Food Day on October 16. The alliance, which includes the aid organisations Bread for All and Caritas Switzerland plus the Swiss Farmers Union, says it aims to inject new impetus into efforts to cut the number of people who go…

Mammoth tusk found

This content was published on Oct 14, 2006

Unfit pilots cause Swiss to cancel flights

This content was published on Oct 14, 2006 Swiss has enlisted rival airline Helvetic to help plug the gap after 64 short-haul flights were struck off at the end of last week. Some observers partially blame a pilot pay dispute for the problem. Swiss is now contacting passengers booked on the affected flights – which cover a number of European destinations – to…

Asbestos impasse “tragic for public health”

This content was published on Oct 14, 2006 A Swiss official told swissinfo he was disappointed but said it was not the end of the process. The International Ban Asbestos Secretariat disagreed and called the failure to act “truly tragic”. Chrysotile asbestos is a known human carcinogen which represents 94 per cent of world asbestos consumption. Parties to the Rotterdam Convention, an international…

Swiss Re fortifies its presence in Britain

This content was published on Oct 13, 2006 The Zurich-based reinsurance giant said it would acquire around 400,000 policies with total assets of around £8 billion, mostly savings and income retirement policies, adding scale to its Admin Re business in Britain. The deal comes 11 months after Swiss Re bought reinsurance operations from GE in a $7.4 billion (SFr9.4 billion) deal. Swiss Re…

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Saurer board succumbs to Oerlikon’s charms

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Solar pioneers set sights on New York

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Geneva rides global economic wave

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Einstein exhibition attracts record visitors

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Swiss score touchdown with American PR blitz

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Swiss mobilise against world hunger

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Mammoth tusk found

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Unfit pilots cause Swiss to cancel flights

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Asbestos impasse “tragic for public health”

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Swiss Re fortifies its presence in Britain

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