Business & Finance Archives - Page 22 of 76 - The Swiss Times

Business & Finance

Sandoz Forecasts Growth and Increased Margins in 2024

Sandoz, now an independent entity, celebrates a year of growth, setting sights on heightened sales and margins for 2024.

Stadler Rail

Stadler Rail Makes More Profit: Markets Unconvinced

Stadler Rail bounces back from the previous year's slump, marking a record net profit since its IPO.

Galderma IPO: Swiss Pharmaceutical Firm

Galderma gears up for its Swiss stock exchange debut with a promising IPO, aiming to raise nearly 2 billion Swiss francs through new shares.

Swiss Stock Exchange

Swiss Stock Exchange Loses CHF 1 Billion Last Year

In a startling turn, the Swiss Stock Exchange operator SIX grapples with a massive billion-euro loss, attributed to significant write-downs in investments.

Open on Sunday

Open On Sunday? New Bill May Be Doing Just That

The motion, which calls for an amendment to labor law, goes to the Council of States.

On: The Swiss Running Shoe Taking Center Court

On Running showcases impressive 2023 performance with soaring profits and ambitious plans to double revenue by 2026.

Novartis Acquisition

Novartis Acquire Morphosys: German Government Approve Now

Novartis' plans to takeover of Morphosys receives green light from German regulators, promising advancements in leukemia and more.

Revision of the Patents Act

Revision to the Patents Act: Final Vote Coming

Switzerland's Council of States finalises patent law modernisation, focusing on non-suspensive appeals and thorough examination of patent novelty.

Migros Boss Zumbrunnen

Ex-Migros Boss Zumbrunnen Becomes New Head of Aevis Victoria

Former Migros Boss, Zumbrunnen, takes the helm at Aevis Victoria. His track record in healthcare expansion sets the stage.

Swiss Hiring Momentum to Remain Robust

Nearly half of Swiss companies anticipate workforce expansion in the second quarter of 2024, showcasing resilience and growth.

SNB New Head of Communications: Claudia Aebersold

The Swiss National Bank announces Claudia Aebersold as the new Head of Communications, succeeding Susanne Mühlemann, to steer its communication strategy forward.

SBB Posts Profit

SBB Posts Profit: First Time in 3 Years – Trouble Ahead?

Swiss Federal Railways (SBB) records a CHF 267 million profit in 2023, a positive shift after years of losses, yet faces the uphill task of addressing its CHF 11.

Best Airport in Europe

Best Airport in Europe: Zurich Wins – Six Years Running

Zurich Airport clinches the prestigious ASQ Award and the World Travel Awards title, reinforcing its status as Europe's leading airport in the 25 to 40 million passenger category.

Swiss Pension Funds

Swiss Pension Funds Achieve Positive Returns in February

Swiss pension funds report a robust start to 2024, with an average return of 1.32% in January, showcasing the resilience and dynamic nature of the market.

Swiss Consumer Sentiment

Swiss Consumer Sentiment: Still Low

Swiss consumer confidence continues its downward trajectory, with the Seco consumer sentiment index reflecting persistent economic concerns among the populace.

UBS CEO

UBS CEO Ermotti: Replacement Search Underway

As Sergio Ermotti's tenure as UBS CEO is seen as transitional, speculation mounts over his successor, with internal candidates leading the prospects.

Sunday, March 10 – Weekly Roundup

Amid rising health insurance premiums, Swiss families find over 10% of their income consumed, and the intelligence service faces operational ambiguities.

UBS Selling Shares

UBS Top Manager Sells UBS Shares Worth 4.76 Million

A significant move in the financial world as a UBS top executive capitalises on the surging share prices, setting a record sale not seen since May 2022.

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