Internal: Archive

Manoeuvring continues ahead of UMTS auction

This content was published on Nov 6, 2000 Swisscom is refusing to comment on reports that Britain’s Vodafone group is to buy a 25 per cent stake in the company’s mobile telecommunications division. Vodafone is not among the nine bidders for four UMTS licences in Switzerland and a deal with Swisscom would link it with the current market leader. The Swiss government remains…

Phonak leaps into second place market position

This content was published on Nov 6, 2000 If the SFr162 million ($92 million) deal is completed it will mean Phonak will be second only to Siemens in the hearing instruments sector. It currently ranks fifth. Two thirds of the price is to be paid in cash and the remainder in shares. The acquisition, expected to go through on 1st January, is the…

Swiss business rooting for Bush

This content was published on Nov 6, 2000 The election result may still be in doubt, but there is no question where the markets’ loyalties lie. Analysts say business leaders in Switzerland are or should be firmly behind Bush, who has emerged as a champion of free trade. The vice-president, Al Gore, by contrast, is been seen as the “interventionist” candidate – a…

Speculation rife on Vodafone deal with Swisscom

This content was published on Nov 6, 2000 One week before Switzerland’s auction of third generation mobile phone licenses, speculation is increasing as to which corporate link-ups will secure the four licences which are up for sale. The SonntagsZeitung said on Sunday the government would give the deal the green light on Wednesday. Another newspaper reported that the government had already given the…

Swiss banks give SFr2 million each to US campaign

This content was published on Nov 5, 2000 As with other corporate contributors from Switzerland, the banks mainly backed the Republican Party candidate, George W. Bush. According to figures released by the federal electoral commission, UBS – via its US branch, Paine Webber – contributed SFr2.14 million to the campaign, while CSG – via Credit Suisse First Boston – gave just under SFr2…

Campaign urges drivers to brake for pedestrians

This content was published on Nov 5, 2000 The agency, along with 11 other organisations, is re-launching a campaign to convince drivers to put on their brakes. The campaign, which runs until November 19, is aimed at getting people to respect the 1994 law that gives the right-of-way to pedestrians in yellow “safety” zones. Television advertisements and posters will appear all over Switzerland.…

The business week ahead

This content was published on Nov 5, 2000 The Republican candidate, George W. Bush is regarded as the more corporate friendly candidate with his policy of huge tax cuts and fewer regulations on industry. The vice-president and Democrat candidate, Al Gore, also favours tax cuts but on a smaller scale and is likely to be less amenable to the demands of the tobacco,…

When American cheese makers taste real Emmental

This content was published on Nov 5, 2000 Given that the US-made product costs about half as much as the original, and looks pretty similar to it – holes and all – the Swiss would be forgiven for harbouring hostile feelings towards those who could be seen as pricing them out of the market. The two camps came together recently at a musical…

Pay protests in Berne

This content was published on Nov 4, 2000 Saturday’s protest in front of the parliament building was called to demand higher salaries, and to push for full pensions to be available from the age of 62. Turnout was higher than expected, with organisers having estimated that around 15,000 people would participate in the event. Paul Rechsteiner, one of the organisers, said the high…

Canada to issue Swissair crash report by May

This content was published on Nov 4, 2000 The board had hoped to release the report before the end of the year. The plane went down in Peggy’s Cove, off the coast of Nova Scotia, killing 229 people. The later-than-expected release date for the report stems from the complexity of the investigation. “We’ve got about two million pieces of wreckage and 275 kilometres…

Internal: Archive

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Manoeuvring continues ahead of UMTS auction

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Phonak leaps into second place market position

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Swiss business rooting for Bush

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Speculation rife on Vodafone deal with Swisscom

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Swiss banks give SFr2 million each to US campaign

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Campaign urges drivers to brake for pedestrians

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The business week ahead

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When American cheese makers taste real Emmental

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Pay protests in Berne

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Canada to issue Swissair crash report by May

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