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Study shows it doesn’t take brains to emigrate

This content was published on Jul 4, 2002 A team of Swiss and international researchers has discovered the skull of a small, lightly built individual at an archaeological site in Dmanisi, Georgia. The size of the skull raises the possibility that the large brains which characterise modern humans did not necessarily evolve before our ancestors began migrating all over the world. The study…

Mühlemann resignation fails to stir markets

This content was published on Jul 4, 2002 Mühlemann – who will stay on as the group’s CEO – has been under increasing pressure to resign after losses and problems at the investment bank Credit Suisse First Boston and the group’s insurance subsidiary, Winterthur. Christoph Ritschard, an analyst at Zurich Cantonal Bank, said he welcomed Mühlemann’s decision to step down as chairman. “For…

Swiss firms confident downturn is easing

This content was published on Jul 4, 2002 A survey of 300 companies, conducted in June, showed most firms expect to increase production in the coming months after having scaled back their activities in the first and second quarters. Pharmaceuticals, watchmaking and paper moved back into positive growth in the second quarter 2002 rejoining the food sector – the only one which has…

Government orders freeze on private practices

This content was published on Jul 4, 2002 The interior minister, Ruth Dreifuss, who is also in charge of health matters, said the restriction would be put in place immediately and be valid for a maximum period of three years. Announcing the measure on Wednesday, Dreifuss said the steep rise in the number of applications by medical doctors and therapists to open private…

Mühlemann to step down as CS chairman

This content was published on Jul 4, 2002 Mühlemann, who had been chairman since May 2000, has been under increasing pressure to step down after losses and problems at the investment bank Credit Suisse First Boston and at its insurance subsidiary, Winterthur. Questions have increasingly been raised about the group strategy of pursuing both banking and insurance. Group results have fallen far behind…

Swiss air traffic systems found wanting

This content was published on Jul 4, 2002 A report, released last week, called for improvements to bring Swiss radar into line with standards set by Eurocontrol, the European agency in charge of tracking aircraft in flight. The report, by the Swiss Aircraft Accident Investigation Bureau, is adding to the pressure on the air traffic control body, Skyguide, which has admitted its systems…

On the road to Expo

This content was published on Jul 4, 2002 Helping people on their way is the Expo.02 project, Human Powered Mobility, which has so far proven a success. The project functions on two fronts: the first is a network of bicycle and inline skating routes connecting the four exhibition sites in Biel, Murten, Neuchâtel and Yverdon-les-Bains; and the second is conveniently located hire shops.…

Crash sparks compensation debate

This content was published on Jul 3, 2002 But Swiss federal authorities insisted on Wednesday that talk of legal proceedings was premature. They said the facts about the collision of a Boeing 757 cargo jet with a Russian passenger aircraft would first have to be made public. Urs Lauener, an air navigation services expert at the Federal Office for Civil Aviation, said no…

Alarm system was not operating, say officials

This content was published on Jul 3, 2002 Carlo Bernasconi, head of operations at the Swiss air traffic control body, Skyguide, said a collision warning system at Zurich airport was out of action for maintenance checks. But he refused to speculate on whether the accident could have been prevented if the system – which sounds an alarm if there is danger of a…

Tecan stock plummets

This content was published on Jul 3, 2002 Tecan was one of the day’s biggest losers on the Swiss stock exchange falling to SFr50 from its previous close of SFr58.55. The stock has been under pressure since reporting a decline in first quarter net profits earlier this year. Some analysts believe Wednesday’s market reaction was unjustified. Analysts at the cantonal bank of Zurich…

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Study shows it doesn’t take brains to emigrate

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Mühlemann resignation fails to stir markets

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Swiss firms confident downturn is easing

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Government orders freeze on private practices

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Mühlemann to step down as CS chairman

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Swiss air traffic systems found wanting

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On the road to Expo

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Crash sparks compensation debate

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Alarm system was not operating, say officials

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Tecan stock plummets

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