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Older women hardest hit by salary gap

This content was published on Oct 30, 2003 The report found that this disparity was more pronounced in Switzerland than anywhere else in Europe. The study by the Employment Research Institute at Geneva University found that women over the age of 45 earn on average 35 per cent less than men of the same age. Women in general are paid 28 per cent…

Protests greet opening of new Zurich flight path

This content was published on Oct 30, 2003 Residents from Gockhausen, where planes now fly 1,000 feet overhead, showed their irritation by shouting and whistling as jets flew into the airport. An estimated 2,500 demonstrators gathered at five separate locations along the route to protest against the inaugural landing. Thousands of residents living in affluent areas are now forced to endure the sound…

St Moritz tourism boss scoops lifetime award

This content was published on Oct 29, 2003 He spoke to swissinfo about how he put St Moritz on the tourist map by turning the resort into a brand in its own right. Danuser was awarded one of “Milestone” prizes in recognition of his 25 years’ service to the tourism industry. In the 1980s, he registered the name St Moritz as a trademark…

Discontent growing in police ranks

This content was published on Oct 29, 2003 Earlier this month, police officers in Geneva took their case to the streets to voice dissatisfaction with the cantonal government. The problems in canton Geneva are symptomatic of a general malaise affecting police forces throughout Switzerland, according to some observers. “The crisis in Geneva is just the tip of the iceberg,” Jean-Pierre Monti, head of…

New seed fund for French-Swiss firms

This content was published on Oct 28, 2003 The fund called “Découvreurs 1” (The Discoverers) is being lead by Armand Lombard, the former private banker, who co-founded Bisange. The firm, whose name is the French conflation of the term “business angel”, has been acting as a broker and coach until now, matching start-ups seeking seed money with angel investors. It has received more…

Winterthur axes 200 jobs

This content was published on Oct 28, 2003 The redundancies are part of a restructuring programme that involves merging the sales structures of the firm’s life and non-life businesses. “The two individual sales organisations were very successful in recent years when the market was growing and they made a major contribution towards Winterthur’s leadership position in Switzerland,” said Philippe Egger, head of the…

Zurich airport adopts controversial approach

This content was published on Oct 28, 2003 The measures follow Bern’s refusal in March to ratify an aviation accord with Berlin aimed at reducing noise pollution over southern Germany. From Thursday, thousands of residents living in affluent areas south of the city will have to endure flights every three minutes between 6am and 7am during the week, and 6am and 9am at…

ABB posts worse-than-expected loss

This content was published on Oct 28, 2003 The Swiss-Swedish group added that the key sale of its Oil, Gas and Petrochemicals (OGP) business could be delayed. The sale is at the centre of ABB’s promise to its creditors that it would reduce debt before the end of 2003. ABB said it had reached a preliminary agreement to sell most of the unit…

Swiss blamed for Italian blackout

This content was published on Oct 27, 2003 In its interim report, the Union for the Coordination of Transmission of Electricity (UCTE) said Swiss officials did not respond quickly enough after a power line shorted out in a storm. The report criticised the measures taken in Switzerland as “inadequate” and “insufficient”, adding that the Swiss authorities could have avoided the blackout altogether had…

Central bank urges swift economic reforms

This content was published on Oct 27, 2003 Jean-Pierre Roth also called for greater liberalisation of domestic industries to stimulate growth and improve competitiveness. “Maintaining the current structures would keep eroding welfare,” said Roth. He added that highly regulated industries were able to maintain high prices and were less innovative technically. However, Roth fears that many Swiss citizens will continue to oppose economic…

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Older women hardest hit by salary gap

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Protests greet opening of new Zurich flight path

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St Moritz tourism boss scoops lifetime award

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Discontent growing in police ranks

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New seed fund for French-Swiss firms

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Winterthur axes 200 jobs

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Zurich airport adopts controversial approach

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ABB posts worse-than-expected loss

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Swiss blamed for Italian blackout

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Central bank urges swift economic reforms

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