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News
55M CHF Alleged Fraud at Zug High Court
10 June 2024
Zug's High Court hears a major fraud case, with CHF 55 million at stake in a pharmaceutical scam.
Huge Rain Falls in Certain Regions of Ticino
1 April 2024
Unprecedented Easter weekend precipitation drenches Ticino and surrounding regions.
Swiss Media Group TX Restructure
14 March 2024
Zurich's TX Group is reshaping its structure for efficiency, eliminating intermediate boards for agility and direct management.
Sunday, March 3rd – Weekly Round-Up
3 March 2024
Swiss milk industry's call for a 3 centime increase per liter sparks debate, amidst falling farm numbers, tractor registrations surge, while crimes by asylum seekers and the CS takeover legal dismissals draw attention.
Kuehne+Nagel Stabilise in 2023: Plans For Expansion
1 March 2024
After a booming period during the pandemic, Kuehne+Nagel prepares for growth normalization in 2023.
Swiss Electricity Prices to Dip Slightly in 2025, Uvek Reports
29 February 2024
Swiss electricity prices are poised for a modest drop, driven by DETEC's decision to lower the capital cost rate for electric grid investments, benefiting mainly large corporations.
Swiss Economic Outlook: Still Above Average Despite Decline
29 February 2024
Switzerland's economic horizon shows resilience despite a slight dip in the KOF Economic Barometer.
Zambon Group: Exclusive Licensing Deal for IPX203 in Europe
29 February 2024
Keystone/SDA - DARRON CUMMINGS Amneal Pharmaceuticals, aligning with Zambon Group, announces an exclusive licensing pact for IPX203 in key European regions.
National Council Reverses Course: No Changes to Default Interest
29 February 2024
The National Council holds the federal default interest rate at five percent, opting for stability in uncertain economic times Keystone/SDA - PETER KLAUNZER The federal default interest rate will remain at five percent and will not be calculated using a new system.
Sandoz Pays $265 Million for Settlement in the USA
29 February 2024
Sandoz Resolves Legal Battles: Pays Settlement to Direct Sellers. Keystone/SDA - URS FLUEELER The generics specialist Sandoz is clearing up its legal legacy.
Holcim to List North American Division in the US
28 February 2024
Holcim's US listing of its North American business aims for market separation, promising a focused approach in the building sector.
Ramseier Suisse Achieves 4% Sales Growth
28 February 2024
Despite unpredictable weather conditions, Ramseier Suisse sees a 4% increase in sales, reaching CHF 167 million, driven by product expansion and market share gains.
Implenia Record New Profit Highs, Dividends Rise
28 February 2024
Implenia record-breaking net profit of 141.8 million Swiss francs in 2023, marking the highest in its history amidst a modest sales increase.
Swisscom Want to Buy Vodafone & Merge it With Fastweb
28 February 2024
Swisscom is planning an 8 billion euro takeover of Vodafone Italia to merge with Fastweb, enhancing its European presence.
Galaxus Expands with New Logistics Hub in Southern Germany
28 February 2024
Galaxus expands its logistics network with a third center in Neuenburg am Rhein, Germany, ensuring efficient distribution for Swiss and European markets.
Alpiq Achieves Profit of CHF 1.3 Billion
28 February 2024
The Swiss energy giant's focus on core operations and adept risk management fuelled its success.
Swiss Construction Industry to Slowdown This Year
28 February 2024
Swiss construction firms predict a downturn in sales due to rising interest rates and escalating construction costs, despite a modest growth in 2023.
One in Three Swiss Companies Admits to Bribery Abroad
28 February 2024
Despite heightened anti-corruption efforts, over half of Swiss companies face demands for illicit payments abroad, with a significant portion conceding to these requests, reveals a recent study.
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