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Fears of damage to festival terrain

This content was published on Jul 17, 2000 Organisers say repair work is needed on part of the land surface, which was churned up by the combination of weather and crowds. The full extent of the damage will not be known until later in the week, but in the meantime sand is being used to stabilise the terrain. Festival director Philippe Cornu said…

Basel port sees sharp rise in river goods business

This content was published on Jul 17, 2000 The Basel docks handled an additional 750,000 tonnes of goods, according to the latest figures. A total of 4,267 million tonnes came through the port. The authorities say business is expected to increase further in the second half of the year, with more fuel products likely to be transported in the run-up to winter. Comparative…

WTO to resume talks on Chinese membership

This content was published on Jul 17, 2000 A three-day informal meeting of the working party negotiating China’s accession gets underway on Wednesday. Members will be holding intensive talks on Beijing’s draft protocol of accession laying out the membership terms. The talks will go into recess but are expected to resume after the summer break with the aim of ensuring that China becomes…

Georg Fischer posts 21 per cent rise in turnover

This content was published on Jul 17, 2000 The Schaffhausen-based company said its turnover in the first six months reached SFr1.8 billion. Earnings before interest and taxes rose by 34 per cent to SFr121 million. Profits also rose sharply. Fischer said its half-yearly profit was SFr70 million – nine per cent up on the same period of 1999. The company, which concentrates mainly…

The week ahead: A flurry of first half results

This content was published on Jul 17, 2000 However, this could lead to a more volatile situation because smaller trades tend to lead to larger fluctuations. On the corporate front, much attention will be fixed on Monday’s meeting of shareholders at the algroup which will decide whether to approve the merger with the Canadian aluminium company, Alcan. Also on Monday, first half results…

Campaign to raise Swiss public awareness of Africa rebirth

This content was published on Jul 17, 2000 Posters advertising the new website with photos of smiling Africans in brightly-coloured clothes were put up across the country on Monday. They carry slogans, such as: “Most Africans are committed to democracy” and “Most African countries live in peace”. “This campaign should turn the clichés on their heads, it should show that the world has…

UBS rules out further mega take-overs

This content was published on Jul 16, 2000 Ospel told the Sunday newspaper “Sonntagszeitung” that further big take-overs, such as the one just completed with PaineWebber would not happen in the near future. However, he did not categorically rule out the odd acquisition of smaller companies in certain financial services. Ospel explained that the take-over of PaineWebber had balanced out the Swiss bank’s…

Crossair boss plans recruitment drive to ease technical problems

This content was published on Jul 16, 2000 Crossair’s chief, Moritz Suter, told the Swiss newspaper SonntagsBlick: “We need these technicians as quickly as possible.” After a turbulent week for Crossair in which three of its planes ran into technical trouble in mid-air, Suter said: “I am very disappointed with the bad week we’ve just had in terms of technical problems.” However, Suter…

Unseasonal weather conditions cause traffic nightmare

This content was published on Jul 15, 2000 Around 23 centimetres of snow fell in the night in the Alpine areas which contributed to the worsening of the traffic situation outside the Gotthard tunnel. A large amount of cars had been expected anyway, since several Swiss canton started their school holidays in this year’s third wave of summer vacation traffic. The Swiss Touring…

The business week in Switzerland

This content was published on Jul 15, 2000 On Monday the Swiss stock exchange (SWX) unveiled plans to set up a pan-European platform for blue chip shares in partnership with London’s Tradepoint Financial Networks electronic exchange. SWX will transfer all its blue chip trading to the new exchange – to be called virt-x – which will be based in London. In the food…

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Internal: Archive

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Fears of damage to festival terrain

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Basel port sees sharp rise in river goods business

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WTO to resume talks on Chinese membership

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Georg Fischer posts 21 per cent rise in turnover

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The week ahead: A flurry of first half results

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Campaign to raise Swiss public awareness of Africa rebirth

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UBS rules out further mega take-overs

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Crossair boss plans recruitment drive to ease technical problems

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Unseasonal weather conditions cause traffic nightmare

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The business week in Switzerland

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