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Playing for children’s lives in Cambodia

This content was published on May 30, 2003 Paediatrician Beat Richner uses his passion for music to raise funds for the three children’s hospitals that he has set up in Cambodia. Twice a year, he travels from the capital, Phnom Penh, to Switzerland to perform, inform and raise money. At his free concerts, the man – affectionately known by his stage name Beatocello…

Zurich raises $500 million from Life sale

This content was published on May 30, 2003 Zurich – Europe’s fifth largest insurer by premiums – said the sale was consistent with its plan to move capital to non-life businesses. The Zurich-based insurer noted that it would keep some life insurance assets of Zurich Life, including Kemper Investors Life Insurance Co. It valued the assets it would retain at SFr645 million. “We…

Switzerland faces hefty bill for G-8

This content was published on May 30, 2003 Although the summit is not taking place on Swiss soil, the country is being forced to carry a significant share of the financial burden for security costs and lost business. The bill for providing military and police security in Switzerland during the three-day event on the southern shore of Lake Geneva is expected to top…

Social unrest in France upsets G-8 protests

This content was published on May 29, 2003 But organisers warn that widespread protests in France over proposed pension reforms are likely to keep many demonstrators away. “The protests are going to be much smaller than we hoped because the French unions are thick in the battle against the destruction of their country’s retirement plans,” said anti-summit organiser, Olivier de Marcellus. “We’re certainly…

Stephan Eicher feat. Gazzè & Grönemeyer: Taxi Europa

This content was published on May 28, 2003

Logitech knocked off top spot in business survey

This content was published on May 27, 2003 Logitech, known for developing the computer mouse, fell to third place in the league table compiled by the Swiss business magazine “Bilanz”. The survey highlighted the difficulties faced by Swiss firms in the current market environment, which has been marred by accounting scandals, record losses and management crises. But it found that some companies, particularly…

Swiss firms in this year’s Tornado 100 listing

This content was published on May 27, 2003 Which businesses succeed in being listed among the “Tornado 100”, is calculated by looking at the amount of capital raised in venture capital transactions per country. The ratio of venture capital investment to top young companies in Switzerland “ranks among the highest in Europe”, according to Tim Weeks, senior research analyst at Amsterdam-based Tornado Insider.…

Geneva airport flies in face of aviation crisis

This content was published on May 27, 2003 The number of passengers using the airport rose by one per cent to 7.6 million, thanks mainly to business generated by the low-cost carrier, easyJet. At a news conference on Tuesday, Geneva airport’s director general, Jean-Pierre Jobin, pointed out that passenger figures were down by 14.6 per cent last year at Zurich airport and by…

Post Office takes less painful route

This content was published on May 27, 2003 The measures are expected to save SFr170 million ($133 million) annually as Swiss Post gears up for liberalisation. Last October, Swiss Post announced plans to cut 2,800 jobs and drastically reduce the number of sorting centres from 18 to just three. But on Tuesday, officials said they would consolidate operations into three principal mail sorting…

Mikron set to stay in Swiss hands

This content was published on May 27, 2003 Led by industrialist and parliamentarian Johann Schneider-Ammann, the group plans to inject SFr100 million ($77.55 million) to repair the damage to the company’s ailing balance sheet. The restructuring includes plans to reduce the par value of Mikron shares from SFr50 to 10 cents. In a statement, the company said that all balance sheet restructuring scenarios…

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Playing for children’s lives in Cambodia

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Zurich raises $500 million from Life sale

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Switzerland faces hefty bill for G-8

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Social unrest in France upsets G-8 protests

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Stephan Eicher feat. Gazzè & Grönemeyer: Taxi Europa

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Logitech knocked off top spot in business survey

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Swiss firms in this year’s Tornado 100 listing

More

Geneva airport flies in face of aviation crisis

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Post Office takes less painful route

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Mikron set to stay in Swiss hands

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