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Huge Rain Falls in Certain Regions of Ticino

Unprecedented Easter weekend precipitation drenches Ticino and surrounding regions.

Swiss Media Group TX Restructure

Zurich's TX Group is reshaping its structure for efficiency, eliminating intermediate boards for agility and direct management.

Sunday, March 3rd – Weekly Round-Up

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 Future

Kuehne+Nagel Stabilise in 2023: Plans For Expansion

After a booming period during the pandemic, Kuehne+Nagel prepares for growth normalization in 2023.

Swiss electricity prices

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

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

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.

Default intrest switzerland

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 Settlement

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

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

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

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

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

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

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

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.

Swiss corruption

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.

Aktiia

Aktiia Secure CHF 27 Million in Funding to Fight Hypertension

27 February 2024

Aktiia receives a significant CHF 27 million investment, aiming to revolutionize hypertension care with its advanced wearable technology.

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6 May 2024

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3 May 2024

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Swiss Train Derailment In Brig: Delays Ongoing

6 May 2024

Train service between Brig VS and Domodossola remains halted following a derailment caused by boulders on the tracks....

Federal Office of Police Cracks Down On Money Laundering

8 May 2024

Switzerland's Federal Office of Police arrests key figures in a Europe-wide crackdown on money laundering activities...

Swiss Bank Saving Interests Already Dropping

7 May 2024

Swiss banks adjust interest rates on savings and deposit accounts after the SNB's latest rate cut, with some banks even...

Hochdorf: Shareholders To Change The Board

3 May 2024

Hochdorf faces a significant board transformation as Newlat proposes six new candidates, predominantly Italian....

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Noteworthy

Bolt Launches In Zurich: Cheaper Taxis

Bolt Launches In Zurich: Cheaper Taxis

Local Swiss Wine Won Last Year: New Data

Local Swiss Wine Won Last Year: New Data

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