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SBB More Busy Than Ever: Reservations Are Not Helping
20 May 2024
SBB's bicycle reservation system aims to streamline travel but faces criticism for added costs and limited spaces, questioning its overall effectiveness.
Underground Freight Transportation in Zurich Faces Criticism
17 May 2024
Cargo sous terrain project encounters resistance due to proposed access points. Zurich and other municipalities express concerns over traffic, noise, and groundwater protection.
Swiss People Think AI Is Dangerous: Survey Shows
17 May 2024
A third of Swiss view AI as a major danger to society, while over 40% fear foreign Internet propaganda's impact on democracy.
SMI & Dow Jones On The Rise
17 May 2024
The Dow Jones Industrial Average hit a record 40,000 points, while the Swiss benchmark index SMI continues its upward trajectory.
Novartis Successfully Secures Takeover of German Biotech Firm Morphosys
16 May 2024
Novartis surpasses minimum acceptance threshold in its bid to acquire Morphosys, paving the way for full integration and enhanced drug development capabilities.
Swiss Insurance Helvetia Restructuring
16 May 2024
Helvetia Insurance announces organisational overhaul and executive shifts to enhance international focus and innovation, effective July 2024.
Swiss Re Exceeds Expectations with Strong Q1
16 May 2024
Swiss Re starts the year with robust Q1 earnings, surpassing analyst forecasts and positioning itself well for its annual targets amid a positive investment climate and lower loss burdens.
Esprit Files For Insolvency In Europe
16 May 2024
Fashion giant Esprit seeks financial recovery by filing for insolvency in Germany, with plans to reinvigorate its European operations.
Switzerland Expands Tax Transparency to Include Crypto Assets
16 May 2024
As Switzerland embraces transparency, the Federal Council moves to include crypto assets under AEOI, levelling the playing field for financial transparency.
Vetropack Layoffs: Employees Demand Compensation
16 May 2024
Vetropack workers call for a social plan and job preservation at Saint-Prex, challenging management's decision to close the site without prior internal discussion.
UBS CEO: Bank Will Grow By 40% After CS Integration
16 May 2024
At a recent event, UBS CEO Sergio Ermotti addresses concerns over the bank's size post-Credit Suisse merger, asserting necessary regulatory updates and denying any state guarantees.
Commerzbank Quarterly Earnings Surge
15 May 2024
Commerzbank posts a decade-high quarterly result with a significant profit jump, despite ongoing challenges in Poland.
Logitech May Increase Dividends
15 May 2024
Logitech's Board proposes a 10-centime dividend rise for 2023/24, signifying strong shareholder commitment.
Swiss Running Shoe Brand On: Record Breaking Quarter
14 May 2024
On Running sprints past a major milestone, exceeding half a billion Swiss francs in quarterly turnover for the first time and doubling profitability.
Swiss Interest In Electric Vehicles Is On The Decline
14 May 2024
Swiss enthusiasm for electric vehicles wanes, with growth in electric car registrations and ownership slowing markedly.
Sunflower Oil Prices in Switzerland Remain High
14 May 2024
Swiss consumers continue to face high prices for sunflower oil, unaffected by global price reductions, suggesting potential market inefficiencies.
Alcon, Swiss Pharmaceutical Firm Growth Slows
14 May 2024
Alcon's Q1 2023 results show good sales and net profit gains, although growth slightly tapered compared to last year.
Lidl Switzerland New Head of Real Estate: Tobias Eggli
14 May 2024
Lidl Switzerland has announced Tobias Eggli as the new Head of Real Estate, enhancing the company’s executive team.
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