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One US boy still missing in central Switzerland

This content was published on Sep 30, 2000 Obwalden policeman, Edi Wallimann, said the boy has a fifty per cent chance of survival after spending a night in the mountains overlooking Lake Lucerne in miserable weather conditions. Wallimann said a 12-member search team from the Swiss Alpine Club was continuing its search for the boy, although the rainy and cloudy weather is hampering…

Credit Suisse general meeting approves acquisition of DLJ

This content was published on Sep 29, 2000 A large majority of shareholders voted for an increase of authorised capital of up to SFr600 million ($347), or 30 million registered shares, to pay for the equity portion of the deal. Shareholders also voted to create conditional capital of a maximum SFr240 million to buy shares to back an existing option plan for DLJ…

Top economists confirm economic growth forecasts

This content was published on Sep 29, 2000 The 26 experts estimate that GDP will grow by 3.1 per cent this year and 2.3 per cent in 2001. The group, known as the Business Economists’ Consensus, is slightly more optimistic than three months ago when its members were forecasting a three per cent growth of the economy this year. They believe that the…

Victims of helicopter crash flown back to India

This content was published on Sep 29, 2000 Police in canton Valais, where the accident occurred, said about 20 friends and relatives who had remained in Switzerland to carry out the formalities linked to the repatriation of the bodies, also left on board the two aircraft. Seven Indians and a Swiss pilot were killed when two helicopters collided as they were coming in…

Christ announces figures in the black

This content was published on Sep 29, 2000 The group, based at Aesch near Basel, said it had standardised its project business, introduced EDP-based project management and streamlined group procurement. The measures would allow it to operate faster, more flexibly and more cost effectively. A statement said that a strong stock of orders, the positive half year results and permanent routine improvements would…

CERN proves that particle physics is child’s play

This content was published on Sep 28, 2000 CERN is best known for extending the boundaries of our knowledge of the origins of the universe. But its freshly revamped visitors’ centre, Microcosm, is aiming to show children that there is a direct link between the Big Bang and the world around them. Microcosm’s new interactive permanent exhibition, “What are we made of?”, tells…

Major insurers drawn further into pension fund crash scandal

This content was published on Sep 28, 2000 The two multi-national insurers, which already had seven charges related to the Vera/Pevos scandal laid against them earlier this year, are facing 11 further charges in civil and insurance courts in the cantons of Zurich and Geneva. The new charges, two of which amount to SFr158 million alone, were announced by the plaintiffs acting on…

Repatriation of bodies of helicopter crash victims imminent

This content was published on Sep 28, 2000 A spokesman said flights were being arranged, and that the victims’ bodies would be flown out on Friday or Saturday. Four of the people injured, three of whom are Indian tourists, are still in hospital, but their lives are not in danger. Investigators into the collision of the two helicopters – which killed seven Indian…

ABB wins order worth SFr30 million in China

This content was published on Sep 28, 2000 ABB High Voltage Technologies will supply gas-insulated switchgear and other equipment in one of the biggest orders won in China. A statement from the headquarters of ABB Switzerland in Baden said that under the terms of the agreement, ABB High Voltage Technologies will also be responsible for engineering and for the entire installation and commissioning…

Swiss hotels increase business in August

This content was published on Sep 28, 2000 The Federal Statistical Office in Neuchâtel said on Thursday that the positive result was due not only to the sunny weather, but also to favourable exchange rates and an improvement in value for money. The Office notes that since the beginning of this year, the number of overnight stays has increased by almost six per…

Internal: Archive

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Internal: Archive

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One US boy still missing in central Switzerland

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Credit Suisse general meeting approves acquisition of DLJ

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Top economists confirm economic growth forecasts

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Victims of helicopter crash flown back to India

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Christ announces figures in the black

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CERN proves that particle physics is child’s play

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Major insurers drawn further into pension fund crash scandal

More

Repatriation of bodies of helicopter crash victims imminent

More

ABB wins order worth SFr30 million in China

More

Swiss hotels increase business in August

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