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Inventors come to town

This content was published on Apr 1, 2004 When it happens in Geneva, it can only mean that the international exhibition of inventions is in town. This year, around 675 exhibitors from 42 countries are displaying their wares at the annual showcase of inventions, new techniques and products at the city’s Palexpo Among the 1,000 new products this year are an electric olive-harvesting…

Too rich to reform

This content was published on Apr 1, 2004 He said one reason growth had been slower than anywhere else in the industrialised world was because the Swiss were too well off to accept radical reform. In his last interview before stepping down on March 31, Syz said the country urgently needed to speed up the process of political and economic reform. Syz was…

Archaeologists cross the Rubigen

This content was published on Apr 1, 2004 Now Swiss archaeologists are challenging that theory. They say the phrase refers to a critical juncture in Caesar’s campaign against the Helvetic tribes near Rubigen in 51BC. “This is bound to be controversial. But the facts are overwhelming,” said project leader Felix auf der Mauer, who has been digging at Rubigen near Bern since 1997.…

Telecoms fair cuts Geneva connection

This content was published on Mar 31, 2004 The ITU cited a number of reasons for the move, among them costs, organisational problems and the importance of Asian markets. Since the first Telecom World fair in 1971, Geneva has always played host to the event, which is held every four years. The authorities reckon it has brought in a total of about SFr600…

Wireless startup’s Swiss founders find success in Berlin

This content was published on Mar 30, 2004 The company announced raising E6.5 million in venture capital led by Paris-based Innoven Partenaires SA. Other investors include Munich-based Target Partners, which recently sold one of its young portfolio companies, WLAN AG to Swisscom. Earlier investors, BC Brandenburg Capital GmbH and IBB Beteiligungsgesellschaft mbH, two regional economic development funds targeting the Berlin area came back…

Alps rail link runs two billion francs over budget

This content was published on Mar 30, 2004 The transport ministry said on Tuesday that the total cost of the project was now likely to reach SFr15.8 billion. Officials presented their final calculations after conducting a detailed evaluation of the huge tunnel project, which is due to be completed by 2015. The ministry said the extra costs were due to improved safety installations…

Multinationals urged to respect human rights

This content was published on Mar 30, 2004 A Swiss non-governmental organisation has called on commission members not to cave in to pressure from big business. The Berne Declaration says international firms must not be allowed to evade their legal responsibilities towards employees and the environment. The Human Rights Commission meeting is considering the “norms of the responsibility of trans-national companies and other…

Swiss Life recovers on 2003 stock market surge

This content was published on Mar 30, 2004 However, the profit was overshadowed by a SFr1.15 billion cash call which sent the share price tumbling more than ten per cent. The profit was the first for Switzerland’s largest life insurer since 2000, coming after three years of cost cutting and the sale of many of its banking assets. The company’s chief executive, Rolf…

Price fixers face hefty fines under new cartel law

This content was published on Mar 30, 2004 Price rigging between manufacturers costs the Swiss economy billions of francs and is one of the main reasons for the country’s lacklustre growth. The International Monetary Fund (IMF) and the Organization for Economic Cooperation and Development (OECD) have been calling on the Swiss to take action against cartels for years. At its annual press conference…

Study finds shopping addiction is on the rise

This content was published on Mar 29, 2004 The Swiss Debt Advisory Association warned on Monday that Switzerland is home to twice as many shopaholics as ten years ago. The association said that as salaries rose the number of people showing signs of addiction also increased. The report – commissioned by Bern’s Institute for Social Studies and carried out in conjunction with the…

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Inventors come to town

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Too rich to reform

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Archaeologists cross the Rubigen

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Telecoms fair cuts Geneva connection

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Wireless startup’s Swiss founders find success in Berlin

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Alps rail link runs two billion francs over budget

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Multinationals urged to respect human rights

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Swiss Life recovers on 2003 stock market surge

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Price fixers face hefty fines under new cartel law

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Study finds shopping addiction is on the rise

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