Business & Finance

Sunday, April 21st: The Weekly Roundup
A letter from President Viola Amherd to Moscow, top salaries for chief physicians in Swiss hospitals and the purity of mineral water in pet bottles: This and more can be found in the Sunday newspapers.
France Want Swiss Funds For A Power Plant: Rösti Hesitant
France suggests countries importing its nuclear power help fund new plants, but Switzerland prefers investing at home, says Energy Minister Albert Rösti.
Federal Council Receives Approval at IMF Meeting on Credit Suisse Crisis
The Federal Council's strategic approach to managing the Credit Suisse crisis earns recognition at the IMF's spring meeting.
Swiss Franc Gains Value In The Face Of Global Uncertainty
Following reports of an Israeli attack on Iran, the Swiss Franc asserts its strength, climbing as investors seek stability amidst heightened geopolitical uncertainty.
Swiss Stock Market Shutters: Tension in the Middle East Rises
As tensions flare in the Middle East, the Swiss stock market closes the week with notable losses.
Transocean Completes Tender Offers for Senior Notes
Transocean Ltd. successfully finalises cash tender offers for its 2027 and 2025 Senior Notes.
Two Foreigners Found Guilty Of Covid Fraud: Jailed and Fined
Two men receive conditional prison sentences for their roles in a large-scale forgery of Covid vaccination certificates.
SBB Will Be 100% Green By 2030
Swiss Federal Railways (SBB) sets ambitious sustainability goals, aiming for a fully renewable energy operation and significant emissions reduction by 2030.
Jura: One of the Only Cantons In Debt
Jura canton reports a substantial deficit in 2023, exacerbated by the missing Swiss National Bank profit distribution.
UBS Plans New Job Cuts in Credit Suisse Integration: Claims Bloomberg
UBS Group AG announces further job reductions across its global operations as it continues to integrate Credit Suisse.
Lonza Successfully Prices EUR 1 Billion Bond
Lonza Group fortifies its financial strategy with a EUR 1 billion bond issue under its EMTN program.
Local Swiss Wine Won Last Year: New Data
While overall wine consumption in Switzerland saw a minor decline in 2023, Swiss wines enjoyed an increase in market share and popularity.
Mobimo’s Capital Markets Day Highlights
Mobimo Holding AG shares insights on strategic initiatives and upcoming projects.
Swiss Watch Exports Declined This March
March reports a sharp downturn in Swiss watch exports, particularly to Far East markets, marking a continued struggle for the industry.
Graubünden KB Loans to Signa Cleared Of Suspicion
A comprehensive audit confirms the legitimacy of Graubündner Kantonalbank's loan processes.
African Swine Fever Anticipated In Switzerland Soon
In response to potential African swine fever threats, the Swiss National Council votes to support meat industry businesses facing closure or losses.
Why Does Nestle Add Sugar To Baby Products?
Global food giant Nestlé faces scrutiny over differing sugar levels in its baby food products.
Lucerne Asset Manager Jailed For Years
A Lucerne-based financial advisor's extensive fraud scheme comes to a definitive end as the Swiss Federal Supreme Court upholds a substantial prison sentence.

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