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Business & Finance
Migros: Steady Growth, Online Retail Struggling
27 March 2024
Migros Group's online subsidiary, Galaxus, faces tough decisions about its future in Germany, amidst intense competition and significant losses.
VAT Increase Has Not Been Passed Onto The Consumer
27 March 2024
The recent VAT hike in Switzerland hasn't fully trickled down to consumer prices, revealing a cautious approach in adjusting retail figures.
Volumina Medical Clinches USD 21 Million for Clinical Advancements
26 March 2024
Volumina Medical's USD 21 million Series A success spells a new dawn for tissue regeneration.
Hemotune Secures CHF 14 Million for Clinical Trials
26 March 2024
Hemotune's innovative blood purification platform, HemoSystem, propels into clinical trials with a CHF 14 million Series B2 boost.
Galenica and Axa Join to Advice Pharmacies
26 March 2024
Galenica and Axa team up to position pharmacies as primary healthcare touchpoints.
Swiss RE: Worldwide Insurance Lost Over 100 Billion to Disasters
26 March 2024
In a year marked by seismic and meteorological upheavals, global financial losses from natural catastrophes remained alarmingly high.
Small Credit Suisse Shareholders Class Action Lawsuit
26 March 2024
The legal dispute over UBS's CS acquisition terms faces a delay as SASV secures a three-month extension.
Finma: PostFinance’s Emergency Strategy Is Not Acceptable
26 March 2024
Finma greenlights ZKB and other bank emergency strategy's while Postfinance works on meeting requirements.
SGS Executive Change: Géraldine Picaud Takes the Helm
26 March 2024
Géraldine Picaud steps in as CEO, promising fresh perspectives and a streamlined Executive Board.
Swiss Insurance Firm Baloise: Not Good, Lower Profits
26 March 2024
Baloise grapples with declining profits and storm-induced losses, refocusing on core operations to try and pull through.
Salt Boosts Performance: New Milestones in Customer Growth and Revenue
26 March 2024
Salt secures a substantial customer base increase and a robust rise in EBITDA. Keystone/JEAN-CHRISTOPHE BOTT Salt grew last year and increased its operating profit.
Counterfeit Criminals Caught Red Handed With CHF 5 Million Fake Franks and 300Kg of Cannibis
25 March 2024
Two Swiss men face charges for a bold attempt at circulating fake 50-dollar bills, unearthing a professional counterfeiting setup and illicit drugs trade.
Swiss Money Laundering: Lebanese Foreign Bank Faces Sanctions
25 March 2024
Swiss regulators are cracking down on money laundering, imposing hefty fines and corrective measures on Banque Audi (Suisse).
Swiss Steel Faces Major Shift as Spuhler Exits Board
25 March 2024
Swiss Steel undergoes significant board restructuring as major shareholder Peter Spuhler's representatives exit.
Is Swiss Real Estate in a Bubble? New Data Analysis
22 March 2024
The Swiss real estate market: A year of nuanced shifts amid changing interest rates, new data suggests the market might be cooling off.
Compagnie Financière Tradition: Group’s Soaring Success
22 March 2024
Tradition Group in Lausanne announces remarkable financial growth, with revenue and profits surging.
Swiss Franc Dips After SNB’s Interest Rate Cut
22 March 2024
The Swiss Franc takes a hit, reaching yearly lows against the dollar following an unexpected rate cut by the Swiss National Bank.
Biognosys Elevates Biomarker Discovery with Advanced Plasma Proteomics
22 March 2024
Biognosys sets a new standard in biomarker discovery with cutting-edge plasma proteomics, offering unparalleled depth and throughput.
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