Business & Finance

Li-Cycle and Glencore Forge $75 Million Strategic Partnership
Li-Cycle strengthens ties with Glencore through a $75 million investment, bolstering their business model.
Hilti: Higher Sales But Less Profit Into the New Year
A dip in net profit amidst higher sales, Hilti remains committed confident about expansion and their trajectory.
Swisscom Finalizes Billion-Euro Takeover of Vodafone Italy
Swisscom's acquisition of Vodafone Italy for 8 billion euros marks a new era, propelling Fastweb to become Italy's second-largest telecom giant.
GKB Confirms 60 Million Loan to Signa Group for the First Time
Graubündner Kantonalbank validates a significant loan to Signa Group, ensuring strong collateral as scrutiny over the deal intensifies.
BackBone Ventures Surpasses €20M Goal
Empowering underrepresented entrepreneurs, Backbone Ventures' 5502 Fund hits its €20M target.
Swiss Steel Face Big Losses: Must Increase Capital Now
Swiss Steel grapples with a staggering loss, plummeting equity, and a pressing need for a capital boost amidst weak demand and operational challenges.
New CEO of Stadtcasino Baden Group Appointed After Million-euro Fine
The Stadtcasino Baden Group is replacing its CEO with immediate effect. Keystone/STEFAN DEUBER The Board of Directors has appointed Christian Aumüller as the new CEO.
Helpany Expands to the USA: A New Chapter in Senior Care Innovation
Swiss startup Helpany sets its sights on the US, bringing its advanced AI-driven senior care solution to new markets in Spring 2024.
National Council: Bank Executives Could Become More Financially Liable
A year after the CS bank debacle, the National Council demands accountability from top bank executives.
Swiss AI Regulation
Swiss AI Regulations Coming From the EU, Under Review
Switzerland's federal authorities are closely monitoring the European Parliament's recent approval of stringent AI laws, considering its implications for Swiss AI regulation strategies.
Swiss Life
Swiss Life Increases Profit and Pays Higher Dividends
Swiss Life announces an 8% profit increase and a dividend hike, financial health and on track with strategic targets for 2024.
Meyer Burger
Meyer Burger, Looking Abroad & Restructuring
Meyer Burger confronts significant losses, shutting down its Freiberg site to pivot towards promising U.
Swiss Media Group TX Restructure
Zurich's TX Group is reshaping its structure for efficiency, eliminating intermediate boards for agility and direct management.
Geberit
Geberit Cautious About Future After Slow 2023
Geberit faces a challenging financial landscape with a sales decline in 2023 and cautious projections for 2024 amidst a weakening construction industry.
Swiss Teletax
Swiss Teletax On French Border Commuters: Yes Vote
Switzerland's National Council has overwhelmingly endorsed a tax agreement with France on teleworking, marking a big change for cross-border commuters.
Swiss Air Strikes
Swiss Air Flew With 0 Passengers Because Of German Strikes
Security staff strikes at Berlin, Hamburg, and Stuttgart airports force Swiss airlines to fly aircraft back to Switzerland without passengers.
Swiss Post Acquisition
Swiss Post Acquisition: The National Council Are Skeptical
Swiss National Council intensifies scrutiny over Swiss Post's acquisitions, demanding a new approval process to ensure alignment with its constitutional mandate.
Swiss Re CEO & Other Executives Get a Pay Rise
Swiss Re's CEO, Christian Mumenthaler, sees a remarkable 22% salary increase in 2023, reaching CHF 7.

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