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Business & Finance
Zurich VC Lakestar Secures $600 Million In New Funds
12 April 2024
Lakestar announces the closure of its latest funds, Lakestar Early IV and Lakestar Growth II.
Leonteq and Raiffeisen Extend Partnership
12 April 2024
Leonteq AG continues its strategic partnership with Raiffeisen Switzerland. KEYSTONE/Gaetan Bally Leonteq AG, a leader in the structured products market, announced today a significant extension of its partnership with Raiffeisen Switzerland Cooperative, set to continue until 2030.
Swiss Energy Firm Alpiq Acquire Finnish Hydrogen Firm
12 April 2024
Swiss energy group Alpiq takes a major step in green energy, acquiring a majority stake in Finnish hydrogen producer P2X Solutions.
Swiss Oculis Secures $59M in Funding: Iceland Listing Next
11 April 2024
Oculis announces a successful $59 million funding round and its upcoming debut on Nasdaq Iceland.
Vantage’s New CHF 370m Data Campus
11 April 2024
Vantage Data Centers invests over CHF 370 million in a second Zurich campus, ZRH2, enhancing the EMEA region's computing power.
Ascom and Istekki Work Together On Finnish Healthcare
11 April 2024
A EUR 6 million deal between Ascom and Istekki promises to change patient care in Finland with advanced nurse call systems.
Auction of Pierin Vincenz’s Property In Mendrisio: Hard Times
11 April 2024
Former Raiffeisen CEO Pierin Vincenz's villa and boat mooring in Mendrisio hit the auction block.
Helvetia Insurance Reports Decreases in 2023: Big Natural Disasters
11 April 2024
Helvetia Insurance navigates a challenging 2023 with lower profits due to natural disasters and major losses.
Givaudan’s Strong Start: Navigates Exchange Rate Challenges
11 April 2024
Geneva-based Givaudan posts a remarkable 12.6% organic growth in Q1, outperforming expectations amidst currency headwinds.
New Banking Regulations Stir Market: UBS Wobble
10 April 2024
Regulatory ripples hit UBS: Political divides and market uncertainties loom. KEYSTONE/Michael Buholzer Following the Federal Council's report on "too big to fail" regulations, UBS shares fell by nearly 4% later recovering, closing down 2.
MoonLake’s Alliance with Komodo Health: Skin & Joint Research
10 April 2024
MoonLake Immunotherapeutics teams up with Komodo Health in a landmark three-year tech partnership to transform the landscape of inflammatory skin and joint disease treatments.
Switzerland Competitive in Data: Keepit Unveils New 2 Centres
10 April 2024
Keepit collaborates with Equinix to launch Swiss data centres. How does Switzerland keep winning in the space? Keystone/GAETAN BALLY Keepit, a leader in cloud data backup and recovery, is expanding its global footprint with the launch of two new data centres in Switzerland according to a press release.
Organic Products in Switzerland Made Big Gains Last Year
10 April 2024
Swiss organic product sales reached CHF 4.075 billion, with consumer preference for organic certification rising despite inflation.
Swiss Industry: No Good Signs in 2024
10 April 2024
Navigating turbulence: Swiss industry braces for disappointing q1 reports amidst economic challenges.
Swiss Pension Funds Gaining Value in 2024: UBS Reports
10 April 2024
March 2024 sees Swiss pension funds thriving: UBS report unveils positive trends.
Barry Callebaut Beats Market Trends with Sales Increase
10 April 2024
Barry Callebaut reports a 0.7% rise in sales volumes, selling 1.139 million tons of chocolate in the first half of the fiscal year.
Novartis Job Cuts: Impact on Swiss and US Development Departments
9 April 2024
Novartis announces job reductions, impacting development roles in Switzerland and the US.
Zug Leads Swiss Purchasing Power: GfK Study Insights
9 April 2024
Zug's residents enjoy unparalleled purchasing power in Switzerland, outshining Jura and the national average, as revealed by a GfK study.
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