Internal: Archive

Production and import prices remain stable

This content was published on Sep 15, 2000 The latest figures from the federal statistics office show that the producer price index increased by 0.1 per cent while that for imported goods fell by 0.1 per cent. The short-term decline in oil prices steadied prices in August but recent rises will feed into September’s figures. Year on year, the index is up 2.4…

Behind the scenes at the Beau Rivage

This content was published on Sep 14, 2000 Doorman, Alberto Grigolin retired last month after 42 years service. He says things were very different when he began his career in the fifties. “The clientele has changed. Those were the days when the Orient Express ran from London to Istanbul and stopped in Lausanne. We collected the baggage from the station. “People didn’t travel…

Cars will remain dominant means of transport for next 20 years

This content was published on Sep 14, 2000 The study, commissioned by the transport ministry, says that transport in 2020 will not have changed much compared to today. Most cars will still use a combustion engine, and while their petrol consumption is expected to fall, it will remain well above the much-touted three litres per 100 kilometres, the experts say. About 100 specialists…

Swiss divers reach new heights

This content was published on Sep 14, 2000 The seven men and women, all members of the ADN diving club in Geneva, set a first record on June 7, when they entered the Gyazumbha II Lake, lying at an altitude of 5,170 metres in the Nepalese Himalayas. Two days later, two members of the team, Dominique Neuenschwander and Michel-Albert Chamot, set a new…

Particle collider granted stay of execution in Geneva

This content was published on Sep 14, 2000 Researchers want to keep looking for definite proof that the “Higgs Boson” exists. They were heartened recently by observations of three collisions of subatomic particles, in which they believe they saw the shadow of the Higgs Boson. However, the observations are not strong enough proof that the particle exists. The LEP was due to be…

Central bank keeps interest rates unchanged

This content was published on Sep 14, 2000 In a statement on fourth-quarter monetary policy, the central bank said it was still aiming for the middle of the London Interbank Offered Rate (LIBOR) range. It repeated its June statement that inflation could edge over two per cent in 2001 before dropping back again in 2002. Economists were divided over whether the SNB would…

Novartis reportedly hit by two new lawsuits

This content was published on Sep 14, 2000 The Wall Street journal says the cases in California and New Jersey accuse Novartis of conspiring with the American Psychiatric Association to “create” a disease called attention-deficit hyper-activity disorder. Ritalin is prescribed to treat the condition. The lawsuits are seeking class-action status for billions of dollars in damages on behalf of consumers. They are likely…

Credit Suisse sets new performance targets

This content was published on Sep 14, 2000 The bank managed assets totaling SFr1.227 trillion ($694 billion) at the end of June. The latest changes aim to increase core business alongside its investment banking activities. Credit Suisse says it is now aiming for a target of net new asset growth of more than six per cent, up from 5.2 per cent in 1999.…

Baloise profit heads up

This content was published on Sep 14, 2000 Baloise says recent acquisitions should boost annual figures and it also expects to improve revenues in terms of premium volume to SFr6.9 billion by the end of the year. The figures appear to be good news for the group’s shareholders. “The very gratifying half-year results hold out the promise of a further substantial dividend increase…

Economic growth slows

This content was published on Sep 14, 2000 Latest figures from the economics ministry show second-quarter growth up by 2.5 per cent on the first quarter. Year on year, the country’s GDP (gross domestic product) is up 3.8 per cent. Meanwhile, the Commission for Economic Affairs has repeated its forecast for an overall growth rate in GDP for 2000 of 3.1 per cent.…

Internal: Archive

Popular Stories

Most Discussed

Internal: Archive

More

Production and import prices remain stable

More

Behind the scenes at the Beau Rivage

More

Cars will remain dominant means of transport for next 20 years

More

Swiss divers reach new heights

More

Particle collider granted stay of execution in Geneva

More

Central bank keeps interest rates unchanged

More

Novartis reportedly hit by two new lawsuits

More

Credit Suisse sets new performance targets

More

Baloise profit heads up

More

Economic growth slows

Popular Stories

Most Discussed