Business & Finance

Swiss Data Protection: Edöb Slams Digitec Galaxus
The Swiss online giant, Digitec Galaxus, faces criticism from the Federal Data Protection Commissioner for not adhering to customer data standards.
European Gas Prices Reach New 2024 Highs
European natural gas prices hit a three-month peak following escalating conflicts in the Middle East.
Swiss Life Invest in Telecom Infrastructure
Swiss Life Asset Managers telecom infrastructure investment, purchasing a stake in Telecom Infrastructure Partners.
Thurgauer Kantonalbank Merges Mortgage Platform
Thurgauer Kantonalbank (TKB) advances its mortgage brokerage sector by merging Valuu with Brokermarket.
Bcomp Secures $40 Million in Series C Funding: A Future of Fibre
Swiss cleantech leader Bcomp announces a significant Series C funding round. Bcomp Management + Company Website Swiss-based Bcomp, a pioneer in lightweight composite solutions, has successfully raised $40 million in a Series C funding round, demonstrating confidence in its mission to enhance mobility decarbonisation.
UBS Need To Increase Capital By 10-15 Billion Claims Reuters
In response to heightened regulatory measures, UBS could require substantial capital injection to meet new standards, says Swiss Finance Minister Karin Keller-Sutter.
Teleworking Taxation Law for Cross-Border Commuters: National Council Approve
The Swiss National Council unanimously approves new legislation on the taxation of teleworking for cross-border commuters.
Swiss Insurance and Pension Funds Increase Their Stake in the Mortgage Market
In the first quarter of 2024, insurance companies and pension funds, partners of Helvetia’s Moneypark, accounted for nearly half of all brokered mortgages.
Swiss Based Logitech Stock Price Drops Early Monday
Morgan Stanley analyst adjusts his stance on Logitech's stock, issuing a 'Sell' rating with a reduced price target of $75.
Fighting Inflation: 11 Months of Decreasing Prices – Producer & Import
In March, Switzerland saw its 11th consecutive month of deflation in producer and import prices.
Switzerland’s Role in the Global Circuit Breakers Market Surge
With a robust projection for the circuit breakers market, Switzerland's is set to be an influence globally by 2030.
CVC Capital Partners Announces IPO on Euronext Amsterdam
CVC Capital Partners, a leader in private markets, announces its upcoming IPO on Euronext Amsterdam.
Temenos Exonerated By Independent Investigation
After facing serious allegations from Hindenburg Research, Temenos emerges unscathed as independent investigations dismiss all claims.
Sunday, April 14 Weekly Round Up
The convicted head of the Bürgenstock resort, a Russian Swiss citizen indicted: this and more can be found in the Sunday newspapers.
Esprit Declares Bankruptcy in Switzerland Claims WWD
Esprit faces bankruptcies in Europe, New York layoffs ensue. KEYSTONE/Ennio Leanza Esprit has declared bankruptcy for its operations in Switzerland and Belgium, part of a dramatic restructuring move reports from WWD claim.
Diehl Defence Will Develop Drones For Swiss Defence Firm Skysec
German firm Diehl Defence partners with Swiss company Skysec Defence to develop advanced drone defence systems.
Thai Central Group to Allegedly Takeover KaDeWe
The Central Group from Thailand has allegedly acquired the KaDeWe property in Berlin from the insolvent Signa Group for a reported €1 billion according to Handelsblatt.
Julius Baer Group Annual General Meeting
Julius Baer Group Ltd. held its Annual General Meeting on April 11, 2024, in Zurich, where shareholders approved all board proposals.

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