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Swisscom seeks to outsource network functions

This content was published on Oct 19, 2000 In a reaction to the news, the communication union has expressed concern, arguing that a Swisscom subsidiary should take over the sector, not a third party. In a statement on Tuesday, Swisscom said it was currently holding talks with interested parties on its plans. The network itself and associated network data would remain the sole…

More bodies recovered after Valais disaster

This content was published on Oct 19, 2000 Four people are still missing in Gondo. Rescuers are continuing to search for victims of the mudslide, but there is little hope of finding further survivors. A total of 11 bodies have so far been found following the weekend’s flooding and mudslides in the whole of canton Valais. One other person is still missing. On…

Gehrig named SNB vice chairman

This content was published on Oct 18, 2000 He succeeds former vice chairman, Jean-Pierre Roth, appointed as the central bank’s new chairman on September 18. Gehrig will remain in Zurich, where he heads the SNB’s monetary operations, processing and informatics divisions. The new third member of the SNB Board, Niklaus Blattner, will be based in Berne, the government said in a statement. Up…

Unaxis sells coatings division

This content was published on Oct 18, 2000 The transaction, which is subject to regulatory approval, is expected to close in the first quarter of 2001. Unaxis, formerly Oerlikon-Bührle, said earlier this year that it intended to spin off the division in line with it strategy to focus on information technology. “We are very excited to integrate LAC’s innovative technologies into the Applied…

Merger creates new aluminium giant

This content was published on Oct 18, 2000 The new aluminium to packaging group, known as Alcan, will be the world’s second biggest aluminium producer after United States-based company, Alcoa, and it will be worth SFr22 billion ($12.4 billion). In the share transaction 17.1 Alcan shares were exchanged for each Algroup share tendered. Alcan said some 6.7 million Algroup shares, or 99.52 per…

Canadian broadcaster criticised for film about Swiss plane crash

This content was published on Oct 18, 2000 “Blessed Stranger” is a fictionalised account of a friendship which develops between a local fisherman and a wealthy American woman whose teenage daughter was one of the victims of the crash off the coast of Halifax, Nova Scotia. CTV describes the film as “the moving story of two strangers brought together by tragedy” after the…

Mövenpick buying back shares

This content was published on Oct 18, 2000 Mövenpick also announced on Wednesday that it would ask shareholders at the next general meeting in 2001 to approve a reduction in its capital by the amount of shares repurchased. The move will increase the value of shares held by investors in the company. The group said the buyback would be conducted via a public…

Read more: Mövenpick buying back shares

Chemical industry assumes responsibility for Bonfol clearance

This content was published on Oct 17, 2000 An agreement between Basel Chemical Industries, which owns the site at Bonfol, near the French border, and the cantonal authorities was signed on Tuesday. But the details of how the site will be cleaned up are still far from clear. Bonfol stopped receiving waste in 1976 after a 15-year period of service. It contains around…

Potential for healthy lives not reached in Switzerland

This content was published on Oct 17, 2000 Public health experts who presented the findings on Tuesday said Switzerland was falling behind in its goal of developing the population’s consciousness of public health and ecological matters, thereby reducing environmental and health hazards. They were presenting the mid-term results of an action plan set up in 1997 by the health office and the Swiss…

Underground rail system offers eco-friendly alternative

This content was published on Oct 17, 2000 One of the three studies carried out under a Swiss national research programme found that a Europe-wide underground railway would be at least five times more environmentally friendly than medium-haul air traffic. It said it would also use half as much energy as current high-speed rail networks such as Germany’s ICE or the French TGV.…

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