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Parents bank on umbilical cords

This content was published on Mar 3, 2003 However, researchers are still trying to answer the ethical and legal concerns surrounding the procedure. Two public banks in Basel and Geneva already hold about 600 samples. In 2002, the health authorities granted permission for the first private bank to operate in Switzerland. Other companies are now planning to break into the Swiss market. Lifeline…

A holiday in Samnaun is anything but taxing

This content was published on Mar 3, 2003 It is one of a handful of villages in a remote valley bordering Austria which benefit from a unique status that has made them the envy of other high-altitude destinations. The resort is linked with the neighbouring Austrian resort of Ischgl, and together they boast the largest ski area in the eastern Alps – the…

Old posters say more than a thousand words

This content was published on Mar 1, 2003 The simple but strong images found in Beatrice Müller’s vast collection is proof of the old adage that a picture says more than a thousand words. Tucked away in the basement of a tidy, three storey house near Zurich’s art museum, the gallery is not easy to find, and some of the treasures it contains…

“Black week” ends with growth warning

This content was published on Mar 1, 2003 On Friday, the Swiss Institute for Business Cycle Research’s quarterly barometer showed that growth would remain flat. The grim prognosis follows days of negative financial headlines, dominated by record losses and thousands of job cuts. Many of Switzerland’s top firms, including financial giants Credit Suisse and Zurich Financial Services, alongside the engineering group ABB and…

Zurich’s esmertec acquires competitor’s business

This content was published on Feb 28, 2003 The Zurich-based firm purchased the unit to expand its market share and fight off a key competitor in its target market. “Insignia had gained significant market share in the embedded systems and handheld market,” said Alain Blancquart, esmertec’s CEO. “It had recently decided to target mobile phones, which is our market niche,” he said. The…

Swiss drug market grows amid high price concerns

This content was published on Feb 28, 2003 The actual volume of drugs sold went down, but total income grew by 6.6 per cent. The rate of growth was less than that of the previous year, which was 9.6 per cent. Industry associations blamed falling drug prices and the rising popularity of generics in the Swiss market. Presenting the results on Friday were…

The Swatch celebrates its 20th birthday

This content was published on Feb 28, 2003 The fashion timepiece rapidly became a competitor to cheap quartz watches produced in the Far East, which had threatened to put Swiss watchmakers out of business. The Swatch was launched in Zurich on March 1, 1983, with 12 models priced at between SFr39 and SFr50. It became an instant hit in Switzerland. Some months later,…

Swiss take advantage of a cheap tipple

This content was published on Feb 28, 2003 A new survey, by the Swiss Institute for Drug and Alcohol Prevention (ISPA), shows that the Swiss now drink 40 per cent more spirits than they did when taxes were higher. Holger Schmid, the deputy director of the ISPA, told swissinfo that the increase was most marked among the younger age groups across both sexes.…

Switzerland drops off the beaten track

This content was published on Feb 27, 2003 Italy wants a key road corridor linking eastern and western Europe to run through Trieste – a move that would leave Switzerland well off the beaten track. With ten countries due to join the EU next year, the location of new transport arteries linking east and west could have huge implications for the countries in…

Nestlé results brighten black week

This content was published on Feb 27, 2003 The announcement brought a ray of sunshine to an otherwise black week, during which many of Switzerland’s largest companies filed disappointing results. Profits were up by 13 per cent, and acquisitions and spin-offs provided nearly SFr4 billion for Nestlé’s coffers. Last year the Swiss-based concern continued to expand globally and into new markets, snapping up…

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Parents bank on umbilical cords

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A holiday in Samnaun is anything but taxing

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Old posters say more than a thousand words

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“Black week” ends with growth warning

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Zurich’s esmertec acquires competitor’s business

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Swiss drug market grows amid high price concerns

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The Swatch celebrates its 20th birthday

More

Swiss take advantage of a cheap tipple

More

Switzerland drops off the beaten track

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Nestlé results brighten black week

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