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Swiss backtracks on CEO’s financial forecast

This content was published on Nov 8, 2004 The carrier issued a clarifying statement on Monday – just two days after it confirmed comments by the chief executive, Christoph Franz. In an interview with the “Rundschau” magazine of Swiss pilots’ union Aeropers, Franz said the airline should improve this year’s operating result by some SFr300 to SFr400 million. On Saturday, a Swiss spokeswoman…

Swisscom severs connection to Infonet

This content was published on Nov 8, 2004 Swisscom will net $170 million (SFr200 million) for ISC, which provides voice and data services to multinationals. The Swiss operator said it had no employees engaged in ISC’s global activities and it would keep a 90 per cent share in a local ISC subsidiary, which provides services to customers in and around Switzerland. “We realised,…

Swiss set for smaller loss

This content was published on Nov 6, 2004 Its chief executive, Christoph Franz, said record-high oil prices have eroded some of the firm’s cost savings. “In comparison with the previous year alone, we will be able to improve the operative result by about SFr300 to SFr400 million”, said Franz in an interview with the Rundschau magazine of Aeropers, the Swiss pilot’s union. Franz…

Swiss catch online auction and shopping bug

This content was published on Nov 6, 2004 Analysts say that the Swiss are slowly buying into online shopping, following the trend in neighbouring countries. ebay said on Thursday that it had recorded a total of 390,000 visitors to its Swiss site. eBay.ch was launched in Switzerland last summer. The Swiss branch recently set a company record in Europe with the sale of…

Think tanks make their mark on Swiss politics

This content was published on Nov 5, 2004 Increasingly, the job of thinking about the future is being assumed by so-called “think tanks”. But are they any better at the job? That question was the focus of a recent “Ideas Fair”, the first event of its kind, organised by the country’s two think tanks, Avenir Suisse and the Liberal Institute. Think tanks, or…

Banks say technology is key to the future

This content was published on Nov 5, 2004 Swiss bankers at this week’s Finance Forum in Zurich said they could make significant savings if they get their IT systems right. “Technology is probably the key strategic driver for banks today,” the Forum’s managing director, René Meier, told swissinfo after the two-day conference ended on Wednesday. “It is a major cost factor for all…

MBT shoes are made for walking

This content was published on Nov 5, 2004 The revolution has now reached an impressive landmark, with the one-millionth pair of shoes stepping off the production line this weekend. Müller’s MBT footwear is fast becoming known for helping people to fight the flab, cure posture problems and ease aches and pains. The shoes, although considered by some to be unfashionable, have also become…

Rainbow warrior matures into political animal

This content was published on Nov 5, 2004 In an interview with swissinfo, Kaspar Schuler, head of Greenpeace Switzerland, talks about past successes and the challenges ahead. The Swiss chapter of the environmental organisation was established on November 5, 1984, more than a decade after Greenpeace International was founded. Over the years it has staged a series of spectacular protests against the reprocessing…

Vioxx dangers were evident four years ago

This content was published on Nov 4, 2004 A new study shows that the dangers posed by Vioxx were apparent as early as 2000, but the drug was only withdrawn in September. The results, published on Friday in the prestigious medical journal, the Lancet, are based on 29 separate studies, which highlighted the risks for patients using the blockbuster painkiller. Altogether, information from…

Downbeat consumers hit by rising prices

This content was published on Nov 4, 2004 Consumer prices rose sharply in October as inflation hit an 18-month high of 1.3 per cent. The Federal Statistics Office said the rise in inflation was mainly due to increases in the cost of clothes as well as higher heating-oil prices. The figures, released on Thursday, showed that inflation was 0.9 per cent higher in…

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Swiss backtracks on CEO’s financial forecast

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Swisscom severs connection to Infonet

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Swiss set for smaller loss

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Swiss catch online auction and shopping bug

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Think tanks make their mark on Swiss politics

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Banks say technology is key to the future

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MBT shoes are made for walking

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Rainbow warrior matures into political animal

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Vioxx dangers were evident four years ago

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Downbeat consumers hit by rising prices

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