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Ascom job losses dominate business news

This content was published on Jun 15, 2001 Union officials condemned the cuts which come at a time when the company is posting healthy profits. The job losses are part of an on-going restructuring programme. In other corporate news this week, Sulzer Medica said it expected 1,850 people to have to undergo revision surgery as a result of its ongoing recall of faulty…

British experts give Swiss teaching “A-plus”

This content was published on Jun 15, 2001 The Institute’s report is the result of a two-year long programme of visits by English education officials to Swiss schools where they compared students’ language abilities at first hand. Among other things the study compared literacy rates of pupils with “lesser abilities” from both Switzerland and Britain. The results showed that Swiss pupils are four…

Businesses recognise importance of childcare

This content was published on Jun 15, 2001 The main task of this co-operative association is to offer advice and act as an intermediary for a wide selection of childcare arrangements for working parents. It also runs its own nursery called Kids and Co. Andrea Jenzer, who is the co-head of Childcare Services, told swissinfo about the theory behind the association. “We think…

Air Liberté-AOM files for bankruptcy

This content was published on Jun 15, 2001 The company said 11th hour meetings until Friday morning could not find a solution to keep the airline going in its current state and it had sought protection from its creditors before a commercial court in Creteil, a Paris suburb. The loss-making carrier, technically majority-owned by France’s Marine-Wendel, said it had sufficient funds to continue…

A tale of two towns

This content was published on Jun 15, 2001 “The policy of the Swiss Heritage Society has changed,” says spokeswoman, Karin Arto. “We look for places with a forward thinking strategy. It’s very important that they have a vision for the present and future.” Located in the middle of unspectacular countryside east of Zurich, and lacking any important historical buildings, tourists would be hard…

Cabinet calls for paid maternity leave

This content was published on Jun 15, 2001 Under the plan, the cost of maternity leave would be paid for by employers. The government estimates that it would total between SFr465 million ($264 million) and SFr535 million a year. The proposal was mooted in April, but drew widespread criticism from employers and parliamentarians at the time. However, the cabinet does not believe that…

Swiss geologists make important meteorite discovery

This content was published on Jun 15, 2001 The geologists from the University of Bern and the city’s Natural History Museum both characterised the find as very important. Of the 20,000 meteorites discovered on Earth, only 18 have come from Mars. Until the expected return of the Mars probe in 2012, scientists will have to rely on the information provided by meteorites like…

Swissair’s future in doubt

This content was published on Jun 15, 2001 Some of the group’s current headaches come from its commitments to troubled airlines in France and Belgium. In particular, French airlines AOM and Air Liberté are struggling to survive, with the chairman, Marc Rochet, warning on Thursday that the group could face bankruptcy proceedings “in a very short time”. Swissair, which has a 49.5 per…

Think Tools investor calls for more transparency

This content was published on Jun 15, 2001 Friedli, who is a member of the Swiss-based group’s board, said any such investigation would stop short of a legal audit. However, he said that a “person of trust” should carry it out. Think Tools, which offers technology-based consulting services for corporate and government clients, has seen its shares fall by nearly 90 per cent…

Zurich Scudder casts about for partners

This content was published on Jun 15, 2001 “We’re in discussions,” said Edmund Villani, president and chief executive of Zurich Scudder, during a panel discussion with other financial industry executives. “We want to get something done as quickly as possible but we haven’t set a deadline.” Villani is keeping tight-lipped about potential alliances or partners, but the company has been reviewing its options…

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Ascom job losses dominate business news

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British experts give Swiss teaching “A-plus”

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Businesses recognise importance of childcare

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Air Liberté-AOM files for bankruptcy

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A tale of two towns

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Cabinet calls for paid maternity leave

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Swiss geologists make important meteorite discovery

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Swissair’s future in doubt

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Think Tools investor calls for more transparency

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Zurich Scudder casts about for partners

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