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Business & Finance

Lindt & Sprüngl

Lindt & Sprüngli: Tax Reductions & Profit

Lindt & Sprüngli's profitability soars with a 9.2% EBIT increase and a significant net profit jump, rewarding shareholders with an enhanced dividend.

Sandoz New CFO: Remco Steenbergen Starting July

Sandoz prepares for significant leadership transitions with CFO Colin Bond retiring and Remco Steenbergen stepping in, alongside new Board member nominations.

Swiss Timing Software Sold to Volaris

Volaris Group's strategic acquisition of Zeit AG signals a new phase for the Swiss time management specialist.

AI Growth Potential

AI Growth Potential Highest in Switzerland: Report Claims

Switzerland is poised to lead the charge in the GenAI landscape. Discover how this could transform the nation's economy.

Impenia win contracts

Implenia Wins Orders From Switzerland, Germany and Sweden

Implenia expands its portfolio with new projects, strengthening its presence in the construction sector with a CHF 240 million boost.

Swiss Air Planes Grounded, Wet-Leasing: 2 Years of Problems Ahead

Swiss airline grapples with A320 engine troubles, leading to extended aircraft groundings and significant financial impacts, with no quick resolution in sight.

Sandoz Successfully Completes Acquisition of Biosimilar Cimerli

Sandoz finalizes the acquisition of Cimerli, a biosimilar for the eye medication Lucentis, enhancing its ophthalmology portfolio in the US market.

Swiss National Bank Lose CHF 3.2 Billion

The Swiss National Bank faces another year of losses, marking a CHF 3.2 billion deficit for 2023, with no distributions expected for the Confederation, cantons, or shareholders.

Zurich Airport Expansion

Zurich Airport Expansion Gets the Green Light: 50 Years Coming

Zurich voters approve major runway extensions at the airport, boosting safety and punctuality.

Sunday, March 3rd – Weekly Round-Up

Swiss milk industry's call for a 3 centime increase per liter sparks debate, amidst falling farm numbers, tractor registrations surge, while crimes by asylum seekers and the CS takeover legal dismissals draw attention.

LimmaTech STI research

LimmaTech STI Research Awarded $2.2 Million Dollars by CARB-X

LimmaTech Biologics AG receives a $2.2 million boost from CARB-X to combat antibiotic-resistant gonorrhea with a promising vaccine, aiming to alleviate a global health threat.

Tax on Telework

Tax on Telework: New Regulations for Cross-border Commuters

Responding to the surge in teleworking, Switzerland sets legal groundwork for taxing cross-border commuters' home-based work.

SNB Chairman Steps Down

SNB Chairman Steps Down: Thomas Jordan’s Departure in September 2024

SNB Chairman Thomas Jordan announces resignation, closing a chapter at the Swiss National Bank.

Whey to Gold

Whey to Gold: A New Method From ETH May Have the Answer to Reclaiming Gold From Old Circuit Boards

Zurich researchers are trying to recycle electronic waste using whey proteins, transforming cheese by-product into a gold-extracting sponge.

Swiss Competition Commission

Swiss Competition Commission: Investigate UBS Now

The Swiss Competition Commission pushes for a thorough probe into UBS's market dominance following its acquisition of Credit Suisse, signaling potential antitrust concerns.

Kuehne+Nagel Future

Kuehne+Nagel Stabilise in 2023: Plans For Expansion

After a booming period during the pandemic, Kuehne+Nagel prepares for growth normalization in 2023.

Swiss company bankruptcy

Swiss Company Bankruptcy Up Significantly in February

29 February 2024

Switzerland witnesses a 12.2% spike in company bankruptcies this February, with Creditreform predicting more turbulence ahead.

Micarna Strike

Micarna Strike: Workers Demand Negotiations in Ecublens VD

29 February 2024

Micarna employees in Ecublens VD stand united in a strike, calling for urgent negotiations before the planned site closure.

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