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Swatch Group adds Jaquet-Droz to its luxury sector

This content was published on Apr 25, 2000 Switzerland’s largest watchmaking concern, the Swatch Group, has purchased another luxury watch manufacturer – Montres Jaquet-Droz, based near Lausanne. A statement from the group’s headquarters in Biel gave no details of the purchase price but said that all the company’s employees would be maintained. “This acquisition fits very well in the luxury segment of the…

US authorities give go-ahead for Alzheimer’s drug

This content was published on Apr 25, 2000 The life sciences group, Novartis, has announced from its headquarters in Basel a “breakthrough” for sufferers of Alzheimer’s disease in the United States. It has been given the green light by the US Food and Drug Administration to market its Exelon drug used in the treatment of mild to moderate Alzheimer’s disease. Alzheimer’s disease –…

Ticinese politician, Bignasca, has debts of SFr67 million

This content was published on Apr 24, 2000 The head of canton Ticino’s right-wing political party, Guiliano Bignasca, has a mountain of debts, totalling SFr67 million. The chief of the Lega dei Ticinesi made no secret of his financial situation, when he told the Swiss press most of his debts were due to bank loans. Bignasca’s SFr67 million mountain of debts is made…

Avalanche claims one life in canton Valais

This content was published on Apr 24, 2000 An avalanche near the Great St Bernard Pass in canton Valais has claimed the life of a French skier and left two others with minor injuries.The avalanche which came down on Monday buried three off-piste skiers. The police in canton Valais said the avalanche struck at 8.40 a.m. at over 2,400 metres above-sea-level. The three…

Increasing opposition against gene-technology in agriculture

This content was published on Apr 24, 2000 There is growing opposition against genetic engineering being used in agriculture. According to a survey conducted by the World Wide Fund for Nature (WWF), just under three quarters of people interviewed rejected genetically-modified products being created in Swiss agriculture. Over one third of those asked said genetic engineering should not be used in medicine. The…

Aid for drought-hit areas of Ethiopia

This content was published on Apr 24, 2000 A member of Switzerland’s Development Agency says it is vital for the people threatened by drought in Ethiopia that the international community, donors and the local authorities co-ordinate their efforts to avoid a repeat of the famine in 1984/5. Jürg Zumstein, programme coordinator for the Horn of Africa with the Development Agency said there were…

Another barren Easter for Berne’s bears

This content was published on Apr 23, 2000 The traditional Easter presentation of newly-born cubs at the bear-pits in Berne has failed to take place for the sixth year in a row. However, the bears’ keepers say they are not too upset about another barren spring. The pitter-patter of tiny paws may bring tourists flocking, but finding homes for the new cubs can…

Swissair asks LTU workers to accept pay cut

This content was published on Apr 23, 2000 Switzerland’s SAir group, says workers at the German tourism company, LTU, of which it owns nearly 50 per cent, have been asked to accept a ten per cent pay cut as part of a rescue package. SAir group’s Beatrice Tschanz said workers would be asked to accept reduced pay for six to 18 months, and…

Couchepin and Ogi at odds over defence cuts

This content was published on Apr 23, 2000 The economics minister, Pascal Couchepin, has called for cuts to be made in the military budget, just 24 hours after the defence minister, Adolf Ogi, rejected such a move. Speaking in the French-language newspaper, Le Matin, Couchepin said a planned reduction in the number of troops serving in the army should lead to long-term savings,…

Late Easter brings warm Swiss weather

This content was published on Apr 22, 2000 Switzerland has been bathing in the warmest Easter weather since 1962. According to the national weather institute, central areas have been particularly hot with temperatures in Basel climbing above 27 degrees centigrade on Good Friday. The sunny skies also brought holiday-makers onto the streets of Lugano (pictured), where the temperatures also went above the “summer…

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Swatch Group adds Jaquet-Droz to its luxury sector

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US authorities give go-ahead for Alzheimer’s drug

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Ticinese politician, Bignasca, has debts of SFr67 million

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Avalanche claims one life in canton Valais

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Increasing opposition against gene-technology in agriculture

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Aid for drought-hit areas of Ethiopia

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Another barren Easter for Berne’s bears

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Swissair asks LTU workers to accept pay cut

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Couchepin and Ogi at odds over defence cuts

More

Late Easter brings warm Swiss weather

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