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Swiss venture capital investment hits new low

This content was published on Jul 15, 2003 The amount of venture capital invested by both local and foreign investors in Swiss-based companies in the first half of this year totalled SFr60.23 million ($44 million), according to a new report by Tornado Insider Research. If the trend continues, the amount of venture capital raised in 2003 will be less than half the total…

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Swiss want to host fight against “dirty dozen”

This content was published on Jul 14, 2003 The Swiss submitted their candidacy at the seventh negotiating round in Geneva of the Stockholm Convention on Persistent Organic Pollutants (POPs). The Convention on POPs, which was adopted in 2001, aims to eliminate 12 highly toxic and persistent chemicals around the world. “POPs are a problem of global dimension,” said Philippe Roch, director of the…

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A difficult balancing act

This content was published on Jul 13, 2003 In the second part of an exclusive interview with swissinfo, he talks about the diseases he would like to cure and the difficulty of striking the right balance between doing good and doing business. He also discusses the merits of intellectual property rights and identifies the strengths and weaknesses of the Swiss educational system. swissinfo:…

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Vasella reveals the chemistry behind Novartis

This content was published on Jul 13, 2003 But Vasella told swissinfo in an exclusive interview that it is uncertain that a merger will ever happen. Vasella explains that the 32.7 per cent Novartis stake in Roche is a long-term strategic investment. A merger, he feels, would have job creation potential for Basel and would strengthen competitiveness. Vasella, who has led Novartis since…

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Zurich pays the price for Sars debacle

This content was published on Jul 12, 2003 The controversial ban on Asian exhibitors at this year’s Baselworld watch and jewellery fair is already having financial repercussions in Zurich. On Wednesday Baselworld organisers decided that they would no longer include Zurich in future editions, a move that looks set to cost Switzerland’s biggest city at least SFr100 million ($73 million) a year in…

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Couchepin calls for swift crash deal

This content was published on Jul 11, 2003 His statement came after a meeting in Moscow with the Russian president, Vladimir Putin, who echoed Couchepin’s words. Putin said the good relations between the two countries would not be affected by the crash, which killed 52 Russian children from the republic of Bashkirian. However Russia did express disappointment that the Swiss air traffic controller…

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Dutch firm to back Swiss fuel cell breakthrough

This content was published on Jul 11, 2003 The deal gives Planet Capital Management the right to assess new patents and technologies developed for sustainable energy. At least two types of fuel cell projects are close to market. A portable “power pack” cell won a Location: Switzerland Technology Award last year. It could be used to power wheelchairs or replace small combustion engines…

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Swiss cuts a quarter of its destinations

This content was published on Jul 11, 2003 The measures designed to ensure the carrier’s survival will reduce the number of destinations the airline flies to from 96 to 71 from October. The airline’s intercontinental network will be reduced to 30 destinations from the current 40, and its European network will be cut to 41 destinations from 56. While the airline will still…

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Swiss cuts a quarter of its destinations

This content was published on Jul 11, 2003 The measures designed to ensure the carrier’s survival will reduce the number of destinations the airline flies to from 96 to 71 from October. The airline’s intercontinental network will be reduced to 30 destinations from the current 40, and its European network will be cut to 41 destinations from 56. While the airline will still…

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Internal: Archive

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Tourist board has designs on Langenthal

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Swiss venture capital investment hits new low

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Swiss want to host fight against “dirty dozen”

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A difficult balancing act

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Vasella reveals the chemistry behind Novartis

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Zurich pays the price for Sars debacle

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Couchepin calls for swift crash deal

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Dutch firm to back Swiss fuel cell breakthrough

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Swiss cuts a quarter of its destinations

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Swiss cuts a quarter of its destinations

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