Internal: Archive

Jomed sets sights on US market

This content was published on Aug 7, 2000 Jomed will fork out SFr349 million ($205 million) for its new acquisition, with most of the funding coming from a new share offer on the Swiss stock exchange. Jomed expects to raise SFr255 million through an issue of new stock, with the balance of the purchase price coming from cash reserves. EndoSonics is a leading…

Wet weather hits agriculture, triggering higher prices

This content was published on Aug 6, 2000 Swiss farmers are complaining they have lost crops and their land is becoming harder to work, following five weeks of rain which has effectively interrupted summer. The price of salads, beans, cauliflowers, courgettes and other products is up to 30 per cent higher than a year ago, Swiss television reported on Sunday. The president of…

The business week ahead

This content was published on Aug 6, 2000 The major domestic news on the economic front comes on Tuesday with the release of unemployment figures for July. In June the unemployment rate stood at 1.8 per cent, and analysts are now forecasting a further drop as the Swiss economy continues its economic recovery. Last week Swiss consumer price inflation came in at two…

Fireworks and film: this week in Switzerland

This content was published on Aug 5, 2000 For about 200,000 people, August 1 began with an increasingly popular brunch at the farm and was rounded off with a barbecue and the lighting of huge bonfires on almost every hill-top and a firework display. A more solemn element was provided by politicians up and down the country, chief among them the President, Adolf…

The business week in review

This content was published on Aug 5, 2000 The Swiss National Bank said there was no cause for alarm even though the inflation rate is now pushing at the limits of what the bank regards as price stability. It said that the increase was a temporary surge due to the high cost of fuel and that the inflation rate would stabilise along with…

Swiss banks approve $1.25 billion Holocaust settlement

This content was published on Aug 4, 2000 A joint statement issued by the banks said they had notified the responsible United States court of their acceptance of a series of amendments to an accord first signed in 1998. The amendments involve looted art, the further search for bank accounts, financing legal costs and the inclusion of insurance companies. The banks had been…

Swiss seek to prevent extinction of storks

This content was published on Aug 4, 2000 Unless the mystery is solved soon, Swiss storks will die out completely, officials for the project “SOS Stork” say. The storks’ 52-gramme backpacks are solar-powered transmitters, the initial part of a telemetry system. Their signals will be received by three satellites and relayed to biologist Adrian Aebischer in Fribourg, giving him the location of each…

Swiss react positively to Adtranz sale

This content was published on Aug 4, 2000 Adtranz, which is owned by DaimlerChrysler and has its headquarters in Germany, announced last year that it was closing two plants in Switzerland, with the loss of 710 jobs. The sale has still to be approved by the relevant competition authorities. DaimlerChrysler boss, Jurgen Schrempp, said the sell-off would enable the company to focus on…

Lavin: a tiny village that moved a mountain

This content was published on Aug 4, 2000 Speeches were made in Switzerland’s fourth national language, Romansch. Alphorns blew. Dignitaries came from Berne. Television cameras rolled. The small community of Lavin was enjoying its moment in the sun. The event was to mark the official handing over of the plateau and its lakes to the Swiss National Park. It was quite an occasion…

Adtranz falls into Canadian hands

This content was published on Aug 4, 2000 Adtranz, which is owned by DaimlerChrysler, last year announced it was closing two plants in Switzerland, with the loss of 710 jobs. The deal was announced on Friday by DaimlerChrysler, and has still to be approved by the competition authorities. DaimlerChrysler boss, Jurgen Schrempp, said the sell-off would enable the company to focus on automobile…

Internal: Archive

Popular Stories

Most Discussed

Sign in and personalize Swissinfo

Internal: Archive

More

Jomed sets sights on US market

More

Wet weather hits agriculture, triggering higher prices

More

The business week ahead

More

Fireworks and film: this week in Switzerland

More

The business week in review

More

Swiss banks approve $1.25 billion Holocaust settlement

More

Swiss seek to prevent extinction of storks

More

Swiss react positively to Adtranz sale

More

Lavin: a tiny village that moved a mountain

More

Adtranz falls into Canadian hands

Popular Stories

Most Discussed