Business & Finance Archives - Page 15 of 76 - The Swiss Times

Business & Finance

Swiss Aluminum Industry Faces Downturn

The Swiss aluminum industry grapples with a downturn, feeling the ripple effects of Europe's economic slowdown Keystone/VALENTIN FLAURAUD The Swiss aluminum industry sold less last year.

Bankruptcies Increase for the Third Time in a Row

For the first time in years, Switzerland sees a rise in bankruptcies, financial fallout shows signs of containment.

Siemens Extends CEO’s Contract For 5 Years

Siemens AG's Supervisory Board reinforces its vision by extending CEO Roland Busch's contract.

Jackie Ineke Named Chief Investment Officer at Spring Investments SA

Spring Investments SA boosts its fixed-income portfolio with Jackie Ineke as Chief Investment Officer.

Dsm-Firmenich Announce a Buy Back Scheme For Internal Compensation

Dsm-firmenich embarks on a strategic share repurchase program, acquiring 1.5 million shares to fulfill its share-based compensation commitments.

UBS and Sumitomo Mitsui: Credit Suisse Japan Acquisition

A collaboration between UBS and Sumitomo Mitsui Trust, bolsters its market position by acquiring Credit Suisse's wealth business in Japan.

Sunday, April 7 – Round Up

Switzerland faces pressure from France to contribute to the costs of new nuclear power plants, amidst other domestic challenges.

Fenaco Welcomes Michael Feitknecht as CEO

Fenaco appoints Michael Feitknecht as CEO. Keystone/GAETAN BALLY The agricultural cooperative Fenaco has appointed Michael Feitknecht as its new CEO.

Swiss Stock Market Tumbles as the Federal Reserve Flinches

Swiss stocks take a hit as US Federal Reserve's stance on interest rates shakes global markets.

Adelaïde Group Surges with 18% Growth in 2023

Adelaïde Group's initiatives and acquisitions fuel an impressive 18% growth, positioning themselves as a serious player in the European market.

Bern Launches Cannabis Study with Pharmacy Sales

Bern are starting a study to explore the effects of regulated cannabis sales in pharmacies.

Swiss Government Invest in Rail and Freight: €38 Million in Italy

Switzerland champions eco-friendly freight transport with a significant investment in a new rail reloading facility in Domodossola.

Shortage of AI Specialists – Many Must Upskill Or Else

The surge in AI applications forecasts a competitive scramble for skilled specialists challenging companies.

The Park Hyatt Zurich Has Been Sold

The iconic Zurich Park Hyatt embarks on a transformative journey with acquisition by Trinity Investments.

PKB Privatbank Sentenced In Connection to Money Laundering

PKB Privatbank faces a CHF 750,000 fine by Switzerland's Attorney General for insufficient anti-money laundering protocols.

Mobiliar Swiss

Swiss Insurer Mobiliar Had a Good Year

Mobiliar shines in 2023 with robust profit growth, fuelled by market recovery and insurance sector expansion.

Sulzer Opens New High-Performance Pump Facility in Mexico

Sulzer expands its footprint in Mexico City with a state-of-the-art testing and assembly centre.

HBM Healthcare Investments Reports Quarterly Profit and NAV Increase

HBM Healthcare Investments closes the fiscal year with a significant quarterly profit of CHF 156 million and a NAV jump to CHF 248.

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