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Business & Finance

Signa Bankrupt
Signa Retail Department Store in Bankruptcy Court
29 January 2024
The Signa empire takes a hit as the Zurich District Court declares Signa Retail Department Store Holding GmbH bankrupt, signalling financial turmoil.
Holcim Switzerland
Holcim Switzerland Eyes North American Business Spin-off – WSJ
28 January 2024
Holcim Switzerland is on the brink of separating its lucrative North American division, eyeing a valuation over $30 billion, heralding a strategic pivot to enhance shareholder value.
Swiss Military
Swiss Military’s Offset Obligations Reach CHF 5 Billion
26 January 2024
Switzerland's foreign military equipment suppliers face substantial offset obligations, totalling CHF 5.
Lonza
Lonza Faces Profit Dip and Leadership Shift in 2023
26 January 2024
Lonza navigates a challenging financial year with reduced profits and a significant change in its Board of Directors, as Albert Baehny steps down.
Swiss Inflation
Swiss Inflation: Rising Perceived Rates in December 2024
25 January 2024
Swiss inflation experiences a rise in December, with "perceived inflation" surpassing official figures.
Swiss interest rate increase
Swiss Interest Rate Increase: Limited Impact on Real Estate
24 January 2024
Swiss Interest Rate Increase – Minor Effect on Investment Property Values The recent Swiss interest rate increase, instigated by the Swiss National Bank (SNB), is anticipated to mildly affect the market value of investment properties in the short term.
Aleksandar Ivanovic
Aleksandar Ivanovic: UBS’s New Asset Management Head
24 January 2024
Aleksandar Ivanovic ascends as UBS's new asset management leader. Aleksandar Ivanovic, a seasoned banking professional, is set to replace Suni Harford as UBS's President of Asset Management.
Cyber Threat
Cyber Threat Mitigation: A Must for German Banks
23 January 2024
Cyber threats prompt German banks to heighten security measures. In an era marked by digital dangers, the cyber threat landscape in Germany's banking sector has prompted a stern warning from Bafin, the country's financial regulator.
Swatch group
Swatch Group Thrives: Impressive Sales and Profit Growth in 2023
23 January 2024
Swatch Group excels in 2023, showcasing robust sales and profit surge. In a remarkable turn of events, the Swatch Group, renowned for its precision in watchmaking, has reported a significant uptick in sales and profits for 2023.
Twint
Twint Payment Method Is Growing Rapidly
22 January 2024
Twint: Transforming Payments in Switzerland Twint, a digital payment method, is reshaping the landscape of financial transactions in Switzerland.
Axa Switzerland
Axa Switzerland Acquires 20% of Real Estate Platform Newhome
22 January 2024
Axa Switzerland Innovates in Real Estate with Newhome Stake Acquisition Axa Switzerland has taken a significant step in the real estate market by acquiring a 20% stake in the real estate platform Newhome.
Sandoz
Sandoz Challenge Novartis with Strategic $170 Million Cimerli Acquisition
22 January 2024
Sandoz Enhances US Market Presence, Acquiring Novartis's Cimerli Sandoz, a leading generics company, has recently boldly moved against its former parent, Novartis.
EFTA Free Trade
EFTA Free Trade Deal: A Milestone for Swiss Exports
20 January 2024
The new EFTA Free Trade Agreement Set to See Swiss Exports Soar as New the Deal Eliminates Nearly All Customs Duties.
Swiss Investment Startup Data
Swiss Investment Startup Data: 2023 Slow Down – Healthcare Strong
19 January 2024
Exploring the Challenges and Opportunities in the Swiss Startup Sector Amidst a Decline in Investment The landscape for startups in Switzerland faced notable challenges last year.
Henrique Schneider
Henrique Schneider: A New Era for SVP Switzerland as Secretary General
18 January 2024
Henrique Schneider takes charge as Secretary General of SVP Switzerland, marking a strategic shift in the party's leadership.
Swiss Business: 5% Increase in Bankruptcy
18 January 2024
Swiss Business Landscape Shaken: Bankruptcies Climb by 5%, Despite a Rise in New Ventures ©Keystone/SDA STEFFEN SCHMIDT The Swiss corporate world faced a challenging year, with a notable 5% rise in company bankruptcies compared to 2022.
Geberit
Geberit: Swiss Manufacturers Struggled in 2023 will this Year be Better?
17 January 2024
Geberit's Resilience Amidst Market Challenges: Navigating Currency Impacts and Construction Industry Shifts Geberit AG (Geberit) is a manufacturer of sanitary products and bathroom ceramics.
Nvidia AI
Nvidia AI and Swisscom Investments Coming
17 January 2024
Nvidia AI and Swisscom: Pioneering AI Innovation in Switzerland. Swisscom is teaming up with US computer equipment supplier Nvidia in the field of artificial intelligence (AI).

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