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Economic mission heads to Bulgaria

This content was published on Sep 10, 2001 The visit kicks off in the Bulgarian capital Sofia on Tuesday with a seminar and forum with members of the Bulgarian government and local entrepreneurs. The Swiss delegation hopes to receive first-hand reports on the economic situation in Bulgaria and information on regulations governing economic investment. Syz plans to hold a series of official meetings…

Swissair, federal railways launch disaster relief group

This content was published on Sep 10, 2001 The director of CareLink, Franz Bucher, says current “care teams” of Swissair and the railways will form the two pillars of the new organisation. CareLink’s role will include establishing contact with disaster victims, organising transportation, food and shelter, and providing other practical and emotional support. The first point of contact between Care Link and those…

Swissair denies rumours of debt waivers

This content was published on Sep 10, 2001 The speculation followed a report in the “SonntagsZeitung” of Zurich which claimed that without debt waivers, the group was not in a position to survive. At the stock exchange, shares in Swissair hit a nine-year low before recovering slightly. The share price fell by more than five per cent and closed at SFr78.90 ($46.7). Analysts…

Swissair shares hit nine-year low

This content was published on Sep 10, 2001 Fears about the group’s future were rekindled by weekend newspaper reports that it may have to seek a debt waiver to avoid going out of business. Analysts say investors are worried that the group’s policy of selling its most profitable units will make it impossible for it to return to profit. Swissair had a first…

“Happy” exhibition illustrates clichéd world of advertising

This content was published on Sep 10, 2001 The exhibition, entitled “Happy: the promise of advertising”, attempts to expose the world of commercials on television, radio and advertising hoardings. Slogans, messages and logos from advertisements published and put on display for public consumption in the last century are all part of the exhibits. A television screen shows images used in modern advertising, where…

Hard-working Swiss urged to take siesta

This content was published on Sep 9, 2001 Stress costs Swiss businesses SFr4.2 billion a year, according to a recent study by the State Secretariat for the Economy. One of the founders of Restpoint, Moritz Lindenmeyer, says stress could be considerably reduced if people learnt more about relaxation techniques. The benefits of a short sleep during a stressful day are well documented, Lindenmeyer…

Bankers’ report to address money-laundering issue

This content was published on Sep 9, 2001 The association will not only address the sector’s performance but also look at the effectiveness of measures to counteract money laundering. Switzerland has been at the centre of a number of high profile money laundering cases in the past few years. However, new regulations have been set out by the association to improve tranparancy and…

Accident bureau warns hikers of mountain dangers

This content was published on Sep 9, 2001 Around 5,500 hikers are involved in accidents every year according to the CAP. More than a dozen hikers have died in the Swiss Alps this year. Good preparation and equipment could help avoid many accidents, says the bureau. Planning one’s route carefully, as well as getting information about the state of paths and the weather…

Home-made flying machines fail to take off

This content was published on Sep 8, 2001 No less than 45 pilots braved force six winds as they launched themselves off the runway in celebration of Flying Day. Some of the more unusual craft built especially for the event included a flying igloo, a flying truck, a flying elephant, a zeppelin, a pterodactyl and a flying classroom. While many of the machines…

Quirici calls it quits

This content was published on Sep 8, 2001 “This year has been very difficult for me,” Quirici told swissinfo after an emotional press conference. “Thoughts of retiring had come into my mind a few times, but I always tried to push them away, because I’ve been doing this job for so long now and I feel like I belong in this world. “But…

Internal: Archive

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