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Swiss CEO Vranckx Moves to the Lufthansa Executive Board
23 February 2024
Dieter Vranckx, Swiss airline's CEO, steps up to Lufthansa's Executive Board, marking a new era for both airlines amidst strategic reshuffles.
Delivery Services in Switzerland Have New Competition
22 February 2024
The delivery service market has another entrant, Alfies. How will they fair in this competitive industry? Keystone/SDA - CHRISTIAN BEUTLER Delivery services Stash and Farmy are facing competition: Austrian online supermarket Alfies is now also delivering to the greater Zurich area, as well as part of the Aargau region.
Murder in Frauenfeld: Trial for the Murder of an Egyptian
22 February 2024
Justice Resurfaces: Decade-Old Mystery Unraveled Murder in Frauenfeld over ten years ago finally sees the inside of a courtroom.
Hoval Invest €20 Million into Their Subsidiary YODAS
22 February 2024
YADOS GmbH, a Hoval subsidiary, embarks on a transformative €20 million investment to expand its Hoyerswerda site with cutting-edge, networked heating technology.
2023 Accounts of the Canton of Schwyz Close with a Profit
22 February 2024
Schwyz State Accounts Surpass Expectations with CHF 64 Million Improvement KeystoneURS FLUEELER Schwyz benefited from higher property gains taxes and interest income on fixed-term deposits.
Swiss Immigration Increased by 100,000 Last Year
22 February 2024
Switzerland experienced a notable increase in net immigration, with 81,345 more foreigners arriving than leaving, driven by economic growth and demand for workers post-COVID-19, according to the State Secretariat for Migration.
Swiss Wine Production Surges to 101 Million Liters
22 February 2024
Swiss wine sees a remarkable surge, reaching 101 million liters last year, promising an exceptional vintage ahead thanks to favorable weather conditions.
Zurich Group Increased: Operating Profit Up 21%
22 February 2024
Zurich Group's financial performance soars in 2023, marking a historic operating profit of $7.
Nestlé Sells More Again in the Final Quarter: Not Out of the Woods Yet
22 February 2024
Nestlé's marginal Q4 recovery fails to offset a year marred by shrinking volumes, inflationary pressures, and complex supply constraints, culminating in a 1.
Swiss Free Trade with Moldova: Federal Council Endorses EFTA Agreement
21 February 2024
Swiss free trade with Moldova gains momentum as the Federal Council greenlights the EFTA agreement, setting a new precedent in e-commerce and sustainable trade.
7.7 Billion CHF of Frozen Russian Assets: More to Come
21 February 2024
Amid increasing scrutiny, Switzerland intensifies its efforts to monitor and enforce sanctions against Russia, targeting illicit financial flows and the export of luxury goods.
Swissair Debt: 20 Years of Liquidation, 2.8 Billion Recovered
21 February 2024
Swissair's two-decade-long debt restructuring saga. With the liquidator Karl Wüthrich presenting the conclusive accounts.
Swiss Companies Struggling – So is the Rest of Europe
21 February 2024
Swiss and European companies, with a detailed report from Alvarez & Marsal revealing a sharp rise in companies requiring urgent restructuring and the sectors most affected.
Alys Pharmaceuticals Launch with $100M from Medicxi
21 February 2024
Alys Pharmaceuticals, the immuno-dermatology trailblazer with a $100M boost from Medicxi.
Pilatus Delivered a Total of 148 Aircraft in 2023
20 February 2024
Pilatus marks a standout year, delivering 148 aircraft and boosting its financial performance, ensuring a promising future with a solid order backlog.
Oerlikon Shocker: Thousands of Jobs on the Line as Major Division Faces Spin-off
20 February 2024
Oerlikon undergoes a critical restructuring, shedding its textile machinery arm to stabilize finances and streamline focus towards surface technology amid a challenging market.
Crypto Comes to Postfinance: Innovative or Speculative?
20 February 2024
Postfinance's new crypto wallet feature, offers easy access to a range of cryptocurrencies through savings plans or single transactions.
ABB to Acquire SEAM Group, Enhancing Electrification Services
19 February 2024
ABB announces its acquisition of SEAM Group, expanding its Electrification Service offerings and strengthening its position in energized asset management and advisory services across various sectors.
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