Business & Finance Archives - Page 9 of 76 - The Swiss Times

Business & Finance

Swiss Pension Funds Perform Well In Q1 2024

Building on last year's momentum, Swiss pension funds record robust early gains in 2024, showcasing financial resilience amid economic challenges.

Credit Suisse CEO To Step Down As UBS Merger Accelerates

UBS is set to finalize the integration of Credit Suisse by dissolving its management, marking the end of Ulrich Körner's tenure as CEO.

Sunday 5th: Today’s Headlines & Reports

More and more truants, high salaries for health insurance company bosses and the energy transition is becoming more expensive than expected: this and more can be found in the Sunday newspapers.

BNP Paribas (Suisse) Announces Job Cuts

BNP Paribas plans significant job reductions in Geneva. Keystone/Francois Mori The Swiss branch of the major French bank BNP Paribas is planning major job cuts.

Sunrise Switzerland Looks To IPO

Sunrise Switzerland announces ambitious dividend plans and IPO details, energizing investors with prospects of financial growth post-Liberty Global spin-off.

Swiss Bank Valiant Reports Strong Growth in Q1 2024

Swiss Bank Valiant starts 2024 with robust growth, boasting a 28% rise in operating profit.

Hochdorf: Shareholders To Change The Board

Newlat aims to overhaul the board by proposing six new members, predominantly Italian, spotlighting an ambitious new direction under Newlat's influence.

Julius Baer Sells Kairos

Julius Baer completes the divestiture of Kairos, marking a strategic shift in its European operations.

Swiss FDI Spikes: As Foreign Investment Slows In Germany

As foreign investments in Europe dip, Switzerland bucks the trend with a significant surge in projects and job creation.

Swiss Inflation Rises in April

April sees a surprising spike in Swiss inflation, driven by rising costs in travel and domestic goods.

Swiss Retail Sector Sees Mixed Performance in Q1 2024

Amid cautious consumer behaviour, the Swiss retail sector shows growth in the food segment but decline in non-food categories.

Is Swiss Labour Day Here To Stay? May 1st

As the Swiss Young Finns campaign to abolish May 1st as a public holiday citing economic losses, trade union Syna launches a petition to make it a national day off, spotlighting workers' rights.

Stahl Gerlafingen to Close Production Line

Stahl Gerlafingen announces the closure of the Profilstrasse production line by end of May 2024.

Bolt Launches In Zurich: Cheaper Taxis

Bolt enters the Zurich ride-hailing market, promising affordable rates and better earnings for licensed drivers, challenging established competitors like Uber.

Swiss Labour Market Takes A Hit In Q1

The Swiss labor market has shown signs of contraction in the early months of 2024, with both temporary and permanent job sectors experiencing declines.

L’Occitane Looks To Go Private: BlackStone Deal

L’Occitane International S.A. prepares to go private with an offer from controlling shareholder at a significant premium.

Karin Keller-Sutter Repeats Calls For UBS To Hold More In Reserve

Federal Councillor Karin Keller-Sutter emphasises the need for banks to boost equity, enhancing stability and reducing taxpayer burdens.

Vaudoise Acquires Prevanto: Pension Fund

Vaudoise secures 100% of Prevanto, enhancing its market leadership. KEYSTONE/Christian Beutler The insurer Vaudoise is taking over Prevanto, thereby expanding its position in pension fund consulting.

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