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City authorities tackle poverty, long-term unemployment

This content was published on Dec 17, 1999 Nearly 40 Swiss cities and towns have pledged to fight poverty of urban families and boost job re-integration efforts for the long-term unemployed. But the city authorities warn that welfare support may suffer if budgetary reforms are implemented. The anti-poverty measures were announced on Friday by 37 cities, which joined forces to tackle social problems…

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Swisscom to spin off Internet unit in 2000

This content was published on Dec 17, 1999 Switzerland’s biggest telecommunications group Swisscom said on Friday it planned to spin off a minority stake in its Blue Window Internet business in the first half of next year. It said it would convert the Internet service into a stock company in order to increase the flexibility of the unit for partnerships and to encourage…

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Swisscom CEO steps down for “personal reasons”

This content was published on Dec 16, 1999 In a surprise announcement, Swiss telecommuncations group Swisscom said on Thursday that its chief executive officer Tony Reis, 58, was stepping down at the end of 1999 “of his own accord and for personal reasons.” The move had been prepared for a few months within the company, Swisscom spokesman Sepp Huber said. The company maintained…

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Swiss spend nine hours a week online

This content was published on Dec 14, 1999 Swiss Internet users spend nine hours per week online, and nearly half of all Swiss users have already bought goods and services via the Internet, according to a new poll. The research was carried out by leading market research company Wemf and published on Tuesday. The poll found that Internet users spend just over one…

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Ciba Specialty Chemicals sells polymers division

This content was published on Dec 14, 1999 (AP) — Ciba Specialty Chemicals said on Tuesday it is selling its performance polymers division to Morgan Grenfell Private Equity for SFr1.845 billion ($1.17 billion). Ciba said it will use the money from the sale “to repay debt and for corporate development purposes.” The deal should be completed in the first quarter of 2000, it…

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Unions want capital gains tax, 36-hour week

This content was published on Dec 14, 1999 The Swiss Trade Union Federation has presented two political initiatives aimed at reducing the working week to 36 hours and introducing a capital gains tax. The documents were presented to the federal authorities as part of a first step toward a national vote on introducing legislation that would make Switzerland a “more socially just” country,…

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Switzerland approves international nuclear safety convention

This content was published on Dec 14, 1999 The Swiss parliament on Tuesday ratified an international convention aimed at improving safety in nuclear fuel and waste management. The House of Representatives followed the Senate and unanimously approved ratification of the Joint Convention on the Safety of Spent Fuel Management and on the Safety of Radioactive Waste Management. Sixty-two states have already adopted the…

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Switzerland’s attractiveness, foreign policy top agenda 2000

This content was published on Dec 13, 1999 The Swiss government on Monday outlined its priorities for 2000, saying it would work toward stronger representation of Swiss interests abroad and making the country a more attractive place to live, work and invest. “The recession has been overcome, unemployment is on the decline and economic prospects are good,” said the government. It added that…

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NTL acquires Swiss cable market leader Cablecom

This content was published on Dec 13, 1999 Switzerland’s leading cable network operator Cablecom is sold to British broadband telecommunications company NTL for SFr5.8 billion ($3.7 million), Cablecom management said on Monday. Cablecom’s three main shareholders — Switzerland’s Swisscom and German companies Siemens and Veba — said they were selling their respective one-third stakes in Cablecom. A workforce of 1.300 and 1.3 million…

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Internet police taken offline

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City authorities tackle poverty, long-term unemployment

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Swisscom to spin off Internet unit in 2000

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Swisscom CEO steps down for “personal reasons”

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Swiss spend nine hours a week online

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Ciba Specialty Chemicals sells polymers division

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Unions want capital gains tax, 36-hour week

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Switzerland approves international nuclear safety convention

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Switzerland’s attractiveness, foreign policy top agenda 2000

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NTL acquires Swiss cable market leader Cablecom

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