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The man behind the picture postcards of Lucerne

This content was published on Oct 17, 2000 Sipping a large café au lait on the Rathausquai, I take a last chance to go over a few of the countless articles about Kurt Illi, who many Swiss consider to be as much a city monument as Lucerne’s Chapel Bridge or Water Tower. Mist hangs over the city on the morning we meet. Illi…

Ticino braces for further flooding

This content was published on Oct 17, 2000 The rising waters of Lake Maggiore, which have already flooded the Piazza Grande in the centre of Locarno, are now threatening the city’s fuel supplies. The local authorities are warning that the city’s fuel tanks are at risk of being dislodged by the sodden earth. The emergency services are on a state of high alert.…

Credit Suisse expands in Britain

This content was published on Oct 17, 2000 Credit Suisse said the deal would further strengthen Credit Suisse Private Banking’s (CSPB) global position in private banking. Both JO Hambro and Credit Suisse have agreed not to reveal the purchase price. JO Hambro will retain its name and current location and operate as an autonomous unit under the umbrella of CSPB. JO Hambro is…

Swisscom cuts interconnection rates

This content was published on Oct 17, 2000 The move follows the introduction of the new Long-Run Incremental Cost (LRIC) calculation method, which came into force this year. Swisscom said the reduction brings its rates into line with the European average and represented a “fair, transparent and consistent implementation of the regulatory requirements”. Swisscom’s latest move opens the way for more price competitiveness…

Ciba sees double-digit growth

This content was published on Oct 17, 2000 The company reported on Tuesday that net profit rose to SFr329 million ($185 million). The strong earnings came on sales of nearly SFr6 billion, an increase of 12 per cent in Swiss francs and five per cent in local currencies. The company said in a statement that sales increased in all divisions and in all…

Rescuers still struggling to reach trapped woman

This content was published on Oct 17, 2000 Police said on Tuesday that rescuers were digging a tunnel through the rubble of a building to try and reach the woman. Soldiers and rescuers with sniffer dogs were alerted to the woman’s location after they heard knocking and cries. A police spokesman in Sion said rescuers were advancing slowly, using saws, shovels and their…

Novartis sells FLINT range to Germany’s Bayer

This content was published on Oct 17, 2000 The sale to the German group includes production facilities in Muttenz, Switzerland, as well as all associated intellectual property rights, product trademarks, registrations and know-how. The sale was ordered by regulators in order to gain approval for the merger of Novartis Agribusiness with Zeneca Agrochemicals. The two companies will form a new crop protection group,…

Valais floods bring industry to a halt

This content was published on Oct 16, 2000 Swiss aluminium firm, Algroup, and chemical company, Lonza, halted production at sites which were badly hit by storms. Floods made several areas impassable, and severed rail and road connections. “The Lonza site in Visp has no water damage but we evacuated the factory out of precaution and production has been diminished since Friday,” said Stephane…

Survivor located in devastated village in Valais

This content was published on Oct 16, 2000 Police said rescuers with sniffer dogs located the woman under two metres of debris, after the search resumed on Monday in the mountain village of Gondo, which was devastated by a mudslide two days ago. Her discovery has rekindled hopes that some of the 13 people missing from Gondo may still be alive. The woman…

Rising energy costs fuel increase in producer/import prices

This content was published on Oct 16, 2000 The figures, released by the Federal Statistics Office on Monday, underline the rising price pressures facing the Swiss economy. The combined index was unchanged on a monthly basis in August. The Federal Statistics Office said higher heating oil and fuel prices accounted for around half of the year-on-year rise in import prices. The latest figures…

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The man behind the picture postcards of Lucerne

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Ticino braces for further flooding

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Credit Suisse expands in Britain

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Swisscom cuts interconnection rates

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Ciba sees double-digit growth

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Rescuers still struggling to reach trapped woman

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Novartis sells FLINT range to Germany’s Bayer

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Valais floods bring industry to a halt

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Survivor located in devastated village in Valais

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Rising energy costs fuel increase in producer/import prices

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