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Sabena gives up, declares bankruptcy

This content was published on Nov 7, 2001 The debt-laden airline filed for bankruptcy on Wednesday, ending a weeks-long battle for survival, and signalling an increasingly bleak outlook for the global aviation industry. Lawyers for the 78-year old airline, Europe’s second oldest, requested the parent company’s liquidation at the Brussels commercial court after Sabena chairman Fred Chaffart announced late Tuesday that the board…

Swiss Re starts payments to WTC group

This content was published on Nov 7, 2001 The world’s second largest re-insurer said it handed over its $14.3 million share (SFr23.3 million) of an initial $75 million payment to investors behind Larry Silverstein of Silverstein Properties Inc. That company is the operator of the World Trade Center properties and leaseholder of the complex, which was destroyed in the September 11 attacks on…

IMF evaluates Swiss financial sector

This content was published on Nov 7, 2001 The investigation is part of a wider project by the IMF and World Bank called the Financial Sector Assessment Programme, which was founded in the wake of the ’90s currency crisis. To safeguard against future financial crises, the IMF and other financial institutions decided to look at the micro, or domestic, economic structures of its…

Promote peace through Football World Cup, says Ogi

This content was published on Nov 6, 2001 “Sport can be an instrument to create a better world,” said Ogi, during a trip to Tokyo, which is set to co-host the annual event with South Korea. The former Swiss president believes the countries’ cooperation should serve as an example to the world. Citing other examples of sporting events used to build bridges, Ogi…

Swiss seek to revive Silk Road

This content was published on Nov 6, 2001 For the past ten years, Central Asia has been one of the main recipients of Swiss development aid: the five former Soviet Republics of Kyrgyzstan, Uzbekistan, Tajikistan, Turkmenistan and Kazakhstan have received some SFr180 million since 1993. Now that the war in Afghanistan has firmly focused international attention on the region, the Swiss are hoping…

Roche rolls out new anthrax test

This content was published on Nov 6, 2001 The move follows an announcement on Monday by the Minnesota-based Mayo Clinic that it had developed a test for anthrax, which works in one hour and can be used both on people and in the environment. Current tests can take days. The Mayo test uses technology developed by Roche to look specifically for DNA that…

Sabena staff walk out as airline founders

This content was published on Nov 6, 2001

Getting away from it all in Antarctica

This content was published on Nov 6, 2001 Antarctic cruises are by no means a new phenomenon, but as the organisers say, each trip is a unique expedition to a little-explored world where wind, weather and ice conditions play a significant role. The trips offer a privileged look at nature in the raw, as retired British-born Swiss postmistress Joan Pralong can testify. This…

Forbo cuts jobs, closes some offices

This content was published on Nov 6, 2001 The company, based in Eglisau, canton Zurich, reported on Tuesday that it had taken early measures in response to the weak business situation. A statement said that many parts of the organisation had been streamlined and some branch offices closed. Short-time work and temporary production stops were further cost-cutting measures, it added. Forbo said its…

Chemistry calls the shots at Hönggerberg

This content was published on Nov 6, 2001 In a revolutionary design concept, which looks set to be copied worldwide, the laboratories are independent of the shell of the Federal Institute of Technology’s new building. The workplaces are fitted with movable service columns, which hang freely from the ceiling, enabling gas, water and electricity to be tapped wherever they are needed. Installations and…

Internal: Archive

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Sabena gives up, declares bankruptcy

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Swiss Re starts payments to WTC group

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IMF evaluates Swiss financial sector

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Promote peace through Football World Cup, says Ogi

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Swiss seek to revive Silk Road

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Roche rolls out new anthrax test

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Sabena staff walk out as airline founders

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Getting away from it all in Antarctica

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Forbo cuts jobs, closes some offices

More

Chemistry calls the shots at Hönggerberg

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