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the swiss times

Business & Finance

St. Galler Kantonalbank
St. Galler Kantonalbank Boosts Profit with Strong Interest Business
14 February 2024
St. Galler Kantonalbank capitalizes on the dynamic interest rate environment and a surge in customer base, marking a significant upturn in profits and operational growth across all sectors.
Airbnb in Switzerland Aims for Expansion, Eyes AI Integration
14 February 2024
Airbnb in Switzerland sets sights on growth across Switzerland, the Netherlands, and Belgium, leveraging AI for an enhanced user experience.
Swiss Ventrue Capital
Swiss Venture Capital: Founderful Launches with $85M Fund II
13 February 2024
Swiss Venture Capital scene evolves as Wingman Ventures becomes Founderful, raising $85M for Fund II to bolster Swiss tech innovation.
Landi
Landi’s Turnover Falls in 2023
13 February 2024
Landi faces a 3.8% sales decline in 2023, amidst adverse weather and cautious consumer spending, highlighting resilience in garden and pet sectors.
Swiss Inflation in January
Swiss Inflation in January Takes a Dive
13 February 2024
January sees a significant drop in Swiss inflation, hitting its lowest since fall 2021, sparking debates on potential interest rate adjustments.
Roche Relies on Artificial Intelligence in Diagnostics
13 February 2024
Roche and PathAI Collaborate on AI Diagnostics in Pathology. Developing AI Algorithms for Digital Pathology Applications.
Datwyler CFO Walter Scherz Moves to the Franke Group
13 February 2024
Walter Scherz Moves from Datwyler to Franke as New CFO One week after the announcement of the departure of Datwyler CFO Walter Scherz, it has become clear what the manager's professional future will look like.
Glencore Discontinues Financing of New Caledonian Nickel Mine
12 February 2024
Glencore announces a six-month wind-down of Koniambo Nickel financing, shifting to maintenance mode while exploring new partnership opportunities amidst unprofitability and market challenges.
Groupe Minoteries Invests in Rye Mill in Valais
12 February 2024
Groupe Minoteries sets to revive traditional milling in Riddes, Valais, crafting flour for Valais AOP rye bread and local treats, with a planned opening in summer 2025.
Sunday, February 11 – Round Up
11 February 2024
Unrest at ZHdK over job cuts, billions in unclaimed pension funds, and proactive measures against housing shortages are making headlines in Switzerland.
ETH President Highlights Financial Strain Despite Federal Savings Plan
11 February 2024
ETH president Joël Mesot disputes Federal Council's savings strategy, stressing that ETH Zurich's reserves are crucial for future infrastructure and research amidst inflation and rising student numbers.
Swiss Data Center Strategy Shifts Focus to International Expansion
11 February 2024
Swiss Data Center leaders propose a strategic shift towards international expansion, citing efficiency and resource optimization.
Aargau Tax
Aargau Tax Strategy Success: Profit Tax Cut Boosts Revenue
9 February 2024
Aargau's tax cut for companies proves fruitful, attracting business expansion and yielding an additional CHF 7.
Signa
Signa Receives a Small Loan from ZKB
9 February 2024
Signa secures a loan from Zürcher Kantonalbank for a prime Zurich property, underlining the complexities of real estate financing.
Swiss Pension Fund
Swiss Pension Fund, UBS Analysis: A Mixed Start to 2024
9 February 2024
Swiss Pension Funds shows a divergent start to 2024, with performances ranging widely amidst market uncertainties.
Ems-Chemie
Ems-Chemie Faces Sales and Profit Decline in Challenging Year
9 February 2024
Ems-Chemie navigates a tough year with declining sales and profits amid cautious consumer behavior and a robust Swiss franc, adjusting its shareholder distributions.
140,000 Signatures to Tax the Rich for Eco-Reconstruction
8 February 2024
Swiss climate change initiative advocates for taxing large inheritances to fund a greener economy.
Pictet Profit Hit by Strong Swiss Franc and US Fine
8 February 2024
Pictet's profit dips as the strong Swiss franc and a hefty US fine take a toll, yet the bank sees growth in asset management.

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