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the swiss times

Business & Finance

Swiss wine
Swiss Wine Production Surges to 101 Million Liters
22 February 2024
Swiss wine sees a remarkable surge, reaching 101 million liters last year, promising an exceptional vintage ahead thanks to favorable weather conditions.
Zurich Group
Zurich Group Increased: Operating Profit Up 21%
22 February 2024
Zurich Group's financial performance soars in 2023, marking a historic operating profit of $7.
Nestle
Nestlé Sells More Again in the Final Quarter: Not Out of the Woods Yet
22 February 2024
Nestlé's marginal Q4 recovery fails to offset a year marred by shrinking volumes, inflationary pressures, and complex supply constraints, culminating in a 1.
Swiss free trade with moldova
Swiss Free Trade with Moldova: Federal Council Endorses EFTA Agreement
21 February 2024
Swiss free trade with Moldova gains momentum as the Federal Council greenlights the EFTA agreement, setting a new precedent in e-commerce and sustainable trade.
7.7 Billion CHF of Frozen Russian Assets: More to Come
21 February 2024
Amid increasing scrutiny, Switzerland intensifies its efforts to monitor and enforce sanctions against Russia, targeting illicit financial flows and the export of luxury goods.
Swissair debt
Swissair Debt: 20 Years of Liquidation, 2.8 Billion Recovered
21 February 2024
Swissair's two-decade-long debt restructuring saga. With the liquidator Karl Wüthrich presenting the conclusive accounts.
Zurich Airport
Zurich Airport Expansion Vote March 3rd – Claims of Underhanded Tactics
21 February 2024
Zurich Airport expansion referendum. Green cantonal councillor Urs Dietschi criticism, and the government's alleged delay tactics.
Swiss Companies Struggling – So is the Rest of Europe
21 February 2024
Swiss and European companies, with a detailed report from Alvarez & Marsal revealing a sharp rise in companies requiring urgent restructuring and the sectors most affected.
Alys Pharmaceuticals Launch with $100M from Medicxi
21 February 2024
Alys Pharmaceuticals, the immuno-dermatology trailblazer with a $100M boost from Medicxi.
Pilatus
Pilatus Delivered a Total of 148 Aircraft in 2023
20 February 2024
Pilatus marks a standout year, delivering 148 aircraft and boosting its financial performance, ensuring a promising future with a solid order backlog.
Oerlikon
Oerlikon Shocker: Thousands of Jobs on the Line as Major Division Faces Spin-off
20 February 2024
Oerlikon undergoes a critical restructuring, shedding its textile machinery arm to stabilize finances and streamline focus towards surface technology amid a challenging market.
Swiss Uranium
Swiss Uranium: High Demand and Low Supply
20 February 2024
Swiss Uranium player Zuri-Invest AG stands out in Europe, adept at acquiring physical Uranium, benefiting from recent market surges.
Crypto
Crypto Comes to Postfinance: Innovative or Speculative?
20 February 2024
Postfinance's new crypto wallet feature, offers easy access to a range of cryptocurrencies through savings plans or single transactions.
Swiss Exports in January
Swiss Exports in January: A Slow Start to 2024
20 February 2024
The beginning of 2024 sees a downturn in Swiss trade, with exports and imports witnessing declines from the previous month, signaling a cautious start to the year.
ABB acquire SEAM Group
ABB to Acquire SEAM Group, Enhancing Electrification Services
19 February 2024
ABB announces its acquisition of SEAM Group, expanding its Electrification Service offerings and strengthening its position in energized asset management and advisory services across various sectors.
Swiss AI real estate
Swiss AI Real Estate, YurekAI Raise over 600,000 CHF
19 February 2024
YurekAI, at the forefront of Swiss AI real estate innovation, secures over 614,000 CHF in funds to extend its services to the US and Monaco, their aim: revolutionizing the property search experience.
SIC5 Promises Real-Time Payment in Switzerland
19 February 2024
SIC5, the innovative payment system by SNB and SIX, transforms finances with instant payments, enhancing money management and reducing risks.
Swiss Rent
Swiss Rent Continues to Rise Through January
19 February 2024
Swiss Rent sees a January uptick, with marked regional disparities. Explore the latest Homegate index insights and city-specific shifts in rental markets.

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