Switzerland

Container carrying swine flu virus explodes on Swiss train

Swine fluA container for transporting swine flu virus samples exploded on a Swiss train, authorities said Tuesday, but stressed that there was no danger to the public. The container, which was filled with dry ice and carried samples of the H1N1 swine flu virus, was destined for Switzerland's national influenza centre in Geneva, exploded Monday night on board of a train.

A laboratory employee had picked up the samples in Zurich to transport them by train to Geneva, but the package exploded near Fribourg and Lausanne, after melting dry ice, which had been wrongly places, caused a build-up of pressure.

Swiss flu medicine company sees stock rise with outbreak

Swiss flu medicine company sees stock rise with outbreakGeneva - The Swiss pharmaceutical giant Roche, maker of influenza medication Tamiflu, saw its stock price rise 3.6 per cent in trading late Monday afternoon on the Zurich exchange on the back of the global swine flu outbreak. During the avian flu epidemic the drug was used heavily, particularly in South Asia.

Shares in Roche were trading at close to 145 Swiss francs (126 dollars), up over five francs since the opening.

Red Cross readies volunteers for swine flu

Red Cross readies volunteers for swine flu Geneva - The International Federation of Red Cross (IFRC) and Red Crescent Societies said it was "on full global alert" owing to concerns over the spread of swine flu.

"We have already have mechanisms in place for pandemic preparedness and response globally," said Paul Conneally, a spokesman for the IFRC in Geneva. Like other international organizations, his was "hoping the worst case scenario won't be the case."

The IFRC, which was in a "global preparedness stage," comprises all national Red Cross and Red Crescent societies.

Swiss flu medicine company sees stock rise on back of outbreak

Swiss flu medicine company sees stock rise on back of outbreak Geneva - The Swiss pharmaceutical giant Roch, maker of influenza medication Tamiflu, saw its stock price rise 3.8 per cent in early trading Monday on the Zurich exchange on the back of the global swine flu outbreak. During the avian flu epidemic the drug was used heavily, particularly in South Asia.

Shares in Roche were trading at close to 145 Swiss francs (126 dollars), up over five francs since the opening.

Martina Rupp, a spokeswoman for Roche, said Tamiflu was deemed to be effective against the swine variant.

WHO: swine flu deaths in Mexico reach 62

World Health OrganisationMexico City/Geneva - The World Health Organisation (WHO) in Geneva said Saturday that the number of deaths from swine influenza in Mexico had reached 62. WHO spokeswoman Fadela Chaib gave the figure, while saying that the organisation's Strategic Health Operations Centre was now involved in the efforts in the region.

The WHO was in constant contact with health authorities in the United States, Mexico, and countries in the Latin American region in monitoring the situation, she said.

Credit Suisse says on road to recovery

Credit Suisse says on road to recovery Zurich - A day after announcing surprising first quarter profits of about 2 billion Swiss francs (1.7 billion dollars), the chairman of Credit Suisse said Friday his bank was on the path to recovery.

"We believe that despite our 2008 loss, Credit Suisse is today better positioned than it was 12 months ago," Walter B. Kielholz told shareholders.

The bank lost 8.2 billion francs in 2008, the largest in Credit Suisse's history but has not required a state capital injection or a bail-out, unlike its closest competitor UBS.

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