News

Switzerland Will Not Summon the Russian Ambassador over Navalny Death
Following the tragic death of Alexei Navalny, Switzerland's Federal Department of Foreign Affairs calls for a thorough investigation but refrains from summoning the Russian ambassador.
Swiss AI real estate
Swiss AI Real Estate, YurekAI Raise over 600,000 CHF
YurekAI, at the forefront of Swiss AI real estate innovation, secures over 614,000 CHF in funds to extend its services to the US and Monaco, their aim: revolutionizing the property search experience.
SIC5 Promises Real-Time Payment in Switzerland
SIC5, the innovative payment system by SNB and SIX, transforms finances with instant payments, enhancing money management and reducing risks.
Swiss Rent
Swiss Rent Continues to Rise Through January
Swiss Rent sees a January uptick, with marked regional disparities. Explore the latest Homegate index insights and city-specific shifts in rental markets.
Zurich Commercial Court Summarizes Investor Lawsuits Regarding UBS/CS Merger
Earlier this week reported the that CS and KPMG executives evaded prosecution for their involvement in the Credit Suisse debacle.
Liberty Global
Liberty Global’s to Spin-Off 100% of Sunrise Shares
Liberty Global's decision to spin-off Sunrise, a major telecom player, aims to unlock shareholder value through strategic investments and capital structure optimization.
Swiss production
Swiss Production Sees Q4 Downturn Despite Sales Uptick
Swiss industrial output contracts in Q4 despite turnover gains, highlighting the sector's complex economic dynamics.
Nuclear Petition
Nuclear Petition Gathers 130,000 Signatures for Energy Freedom
Citizens rally for the right to build nuclear plants, submitting a significant petition against the 2017 ban.
Temenos: Accounting Irregularities & Failed Products
Temenos, a pioneer in banking software, faces scrutiny amidst financial innovations and accusations.
Ticino Billionaire
Sergio Mantegazza Swiss Billionaire, Dead age 96
Ticino billionaire Sergio Mantegazza, renowned for elevating Globus Viaggi to global prominence, passed away in Ticino.
Kehrsatz
Husband Charged With Murder After Homicide in Kehrsatz BE
In Kehrsatz BE, a shocking case unfolds as a husband is accused of his wife's murder, denying the allegations amidst a gripping investigation.
Sunrise
Sunrise With Stable Sales and Lower Operating Profit
Sunrise Communications navigates 2023 with stable sales amidst a challenging telecom landscape, facing a slight decrease in operational earnings.
Swiss SME
Swiss SMEs Set Foreign Acquisition Record
Amidst a global downturn in M&A, Swiss SMEs buck the trend, setting a new record in acquiring foreign companies, highlighting their resilience and strategic growth.
Re
Swiss Re Posts Billion-Dollar Profit and Increases Dividend
Swiss Re capitalizes on strong investment outcomes and reduced catastrophe losses, marking a significant profit leap to $3.
KPMG
KPMG Beat US Lawsuit Over Credit Suisse’s Collapse
KPMG, alongside ex-Credit Suisse leaders, emerge unscathed from a hefty US lawsuit, marking a key win amidst ongoing legal battles over the bank's downfall.
Coop Switzerland
Coop Switzerland: 800M CHF Investment in Logistics
Coop Switzerland marks a successful 2023 with a 2.2% sales increase, expansion in workforce, reinforcing its market leadership in sustainability and retail innovation.
Swiss Consumer
Swiss Consumer Sentiment Shows Small Improvement in Early 2024
Swiss Consumer confidence sees a slight uplift in early 2024, as Seco switches to monthly reporting to offer fresher insights into economic perceptions.
Lombard Odier
Lombard Odier Generates Less Profit in 2023
Lombard Odier, the esteemed Geneva-based bank, reports a slight profit decrease in 2023 amidst strategic investments, despite a rise in operating income.

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