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Shares dive at Adecco on news of irregularities

This content was published on Jan 12, 2004 The company’s share price plunged to SFr47.60 ($39.17) on the news, down more than 40 per cent on Friday’s close of SFr81.80. Adecco, which is based at Glattbrugg near Zurich, said in a statement that it had discovered “material weakness” in its internal controls in North America. The company also said it had found “possible…

IMD students to coach 19 start-ups

This content was published on Jan 12, 2004 Fifteen of the firms are due to work with full-time MBA students while four will collaborate with the Executive MBA class during the first half of 2004. The IMD teams dedicate up to 500 man-hours to the start-up firms’ management. The effort, led by Professor Benoit Leleux and Jim Pulcrano is supported by Switzerland’s CTI/KTI…

Tunnels unveil hidden treasures

This content was published on Jan 12, 2004 Scientists say the discoveries could help boost understanding of conditions in the Alps millions of years ago. The tunnel is the second to be built through the Lötschberg in western Switzerland and forms part of a transalpine rail link between Germany and Italy. Work on the tunnel has involved boring deep into the earth, which…

English magazines launched in Zurich and Geneva

This content was published on Jan 11, 2004 Two new publications have been launched in an effort to capture a share of Switzerland’s English-speaking readership in Geneva and Zurich. At the beginning of December a group of private investors launched “Cream” magazine, which focuses on life in Zurich. Cream followed in the footsteps of “GEM” – or “Geneva’s English-speaking Magazine” – which launched…

Swiss expert leads fights against computer viruses

This content was published on Jan 11, 2004 swissinfo spoke to Urs Gattiker, a Swiss expert on internet security, about efforts to prevent similar attacks in the future. Gattiker, who is professor of management and information science at the International School of New Media (ISNM) at the University of Lübeck in Germany, has written a number of books on information security. He is…

The alchemist chef of the Emmental

This content was published on Jan 10, 2004 Stones, gold, silver, hay, moss, wood and coal are just a few of the ingredients he uses to push culinary boundaries. The bizarre recipes, which feature in his recently published cookery book, “Gold, Wood, Stone”, are the product of weeks of experimentation in his kitchen at the Rössli Inn, in the picturesque village of Escholzmatt…

University opens its doors to children

This content was published on Jan 10, 2004 Around 650 kids, aged nine to 12, poured into the university’s main lecture hall last week to learn about money – and get an early taste of university life. “It was really fascinating,” beamed 11-year old Florian after the lecture, entitled “Where does money come from?”. The free lecture was the first in a three-part…

Swiss won’t publish list of banned airlines

This content was published on Jan 9, 2004 On Thursday, Britain released a list of airlines banned from its skies, despite a European aviation agreement prohibiting the publication of such information. The transport ministry reiterated on Friday that it would not publish the names of airlines banned for safety concerns, despite pressure from consumer groups. The statement follows revelations that the passenger jet…

Swiss retail giants beat market blues

This content was published on Jan 9, 2004 Coop announced a 5.6 per cent jump in sales last year, bringing it closer to its main rival, Migros, which saw sales nudge up by one per cent. “Last year was the worst for the Swiss retail market in 15 years,” market analyst, Thomas Hochreutener, told swissinfo. “Even though the food industry expanded, the non-food…

UBS rejects accusations by Fagan

This content was published on Jan 9, 2004 US lawyer, Edward Fagan, is threatening to sue UBS for more than SFr2 billion if the bank fails to open negotiations. Fagan wants UBS to pay back money which the US government paid to a former subsidiary of the defunct IG Farben. That company made gas which killed Nazi concentration camp prisoners. The Union Bank…

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Shares dive at Adecco on news of irregularities

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IMD students to coach 19 start-ups

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Tunnels unveil hidden treasures

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English magazines launched in Zurich and Geneva

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Swiss expert leads fights against computer viruses

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The alchemist chef of the Emmental

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University opens its doors to children

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Swiss won’t publish list of banned airlines

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Swiss retail giants beat market blues

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UBS rejects accusations by Fagan

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