Internal: Archive

CS expects market rally to continue

This content was published on Jan 18, 2005 This should lead to a strengthening of the stock market and the United States dollar, as well as to a weakening of bond prices, the bank reported on Tuesday. It warned, however, that there could be growing concerns in the second quarter about inflation and higher US prime rates. It is therefore advising long-term investors…

Swiss cuts up to 1,000 jobs

This content was published on Jan 18, 2005 The announcement that the airline would have to further restructure in order to compete with low-cost carriers came after two days of media speculation. Swiss said it would cut between 800 and 1,000 jobs over the next 18 months and reduce its fleet by 13 aircraft. It said it hoped that one third of the…

Nestlé CEO takes on double mandate

This content was published on Jan 18, 2005 The Vevey-based food giant said on Tuesday that Brabeck would replace Rainer Gut, who is to step down at the annual shareholders meeting on April 14. “Taking into consideration the importance of strategic continuity and long-term value creation, as well as the present composition of the board of directors and the executive board, the board…

Swiss expert spearheads quake surveillance

This content was published on Jan 17, 2005 As the World Conference on Disaster Reduction gets underway in Japan, Domenico Giardini talks to swissinfo about the challenges facing the international community following the catastrophe. Millions of people were caught off-guard on December 26, when an undersea quake off the coast of Sumatra sent killer waves crashing into coastlines across southeast Asia. Here in…

Top private bank plans to open up to public

This content was published on Jan 17, 2005 Shares in Julius Bär and other private banks rose following the announcement, which sparked speculation of a possible acquisition campaign – or an outside takeover. The proposed capital structure reform would reduce the influence of the bank’s founding family, bringing their voting rights into line with their stake in the group. At present, family members…

Tech graduates show entrepreneurial spirit

This content was published on Jan 17, 2005 A study shows that large numbers of engineers and IT specialists are branching out on their own, belying past criticism that the Swiss lack entrepreneurial spirit.. These graduates were behind the creation of between 19,000 and 24,000 jobs over the past ten years. The survey, conducted by the Federal Institute of Technology in Zurich in…

Swiss considers restructuring plans

This content was published on Jan 17, 2005 Ahead of a meeting of the company’s board of directors on Monday, the company asked the Swiss stock market to suspend trading in its shares until Tuesday. Swiss declined to go into further detail. It said in a press release that it had decided to temporarily stop share-trading “to prevent any uncertainty on the capital…

Trade in Swiss shares suspended

This content was published on Jan 17, 2005 The company’s board of directors is due to meet on Monday to discuss a restructuring of its fleet of regional aircraft. Swiss declined to provide any further details. In a press release, the airline said only that it had decided to suspend trading of its shares “to prevent any uncertainty on the capital markets in…

Union backs opening of labour market

This content was published on Jan 15, 2005 However, the union said measures approved by parliament to prevent wage dumping needed to be enforced. On Saturday the union’s Ticino branch called on delegates at a meeting in Bern to support a referendum against extending the existing EU accord on the free movement of people. The far-right Swiss Democrats have already said they will…

Space probe sends images from Titan

This content was published on Jan 14, 2005 Some of the technology on board the ambitious Huygens-Cassini mission was supplied by Zurich-based Contraves Space. The first scientific data arrived at the European Space Operations Centre in the German city of Darmstadt at 17:19 Central European Time on Friday. Pictures taken during the probe’s more than two-hour descent by parachute to the surface showed…

Internal: Archive

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Internal: Archive

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CS expects market rally to continue

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Swiss cuts up to 1,000 jobs

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Nestlé CEO takes on double mandate

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Swiss expert spearheads quake surveillance

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Top private bank plans to open up to public

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Tech graduates show entrepreneurial spirit

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Swiss considers restructuring plans

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Trade in Swiss shares suspended

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Union backs opening of labour market

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Space probe sends images from Titan

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