Business & Finance Archives - Seite 7 von 76 - The Swiss Times

Wirtschaft & Finanzen

SBB More Busy Than Ever: Reservations Are Not Helping

SBB's bicycle reservation system aims to streamline travel but faces criticism for added costs and limited spaces, questioning its overall effectiveness.

Underground Freight Transportation in Zurich Faces Criticism

Cargo sous terrain project encounters resistance due to proposed access points. Zurich and other municipalities express concerns over traffic, noise, and groundwater protection.

Swiss People Think AI Is Dangerous: Survey Shows

A third of Swiss view AI as a major danger to society, while over 40% fear foreign Internet propaganda's impact on democracy.

SMI & Dow Jones On The Rise

The Dow Jones Industrial Average hit a record 40,000 points, while the Swiss benchmark index SMI continues its upward trajectory.

Novartis Successfully Secures Takeover of German Biotech Firm Morphosys

Novartis surpasses minimum acceptance threshold in its bid to acquire Morphosys, paving the way for full integration and enhanced drug development capabilities.

Swiss Insurance Helvetia Restructuring

Helvetia Insurance announces organisational overhaul and executive shifts to enhance international focus and innovation, effective July 2024.

Swiss Re Exceeds Expectations with Strong Q1

Swiss Re starts the year with robust Q1 earnings, surpassing analyst forecasts and positioning itself well for its annual targets amid a positive investment climate and lower loss burdens.

Esprit Files For Insolvency In Europe

Fashion giant Esprit seeks financial recovery by filing for insolvency in Germany, with plans to reinvigorate its European operations.

Switzerland Expands Tax Transparency to Include Crypto Assets

As Switzerland embraces transparency, the Federal Council moves to include crypto assets under AEOI, levelling the playing field for financial transparency.

Vetropack Layoffs: Employees Demand Compensation

Vetropack workers call for a social plan and job preservation at Saint-Prex, challenging management's decision to close the site without prior internal discussion.

UBS CEO: Bank Will Grow By 40% After CS Integration

At a recent event, UBS CEO Sergio Ermotti addresses concerns over the bank's size post-Credit Suisse merger, asserting necessary regulatory updates and denying any state guarantees.

Commerzbank Quarterly Earnings Surge

Commerzbank posts a decade-high quarterly result with a significant profit jump, despite ongoing challenges in Poland.

Logitech May Increase Dividends

Logitech's Board proposes a 10-centime dividend rise for 2023/24, signifying strong shareholder commitment.

Swiss Running Shoe Brand On: Record Breaking Quarter

On Running sprints past a major milestone, exceeding half a billion Swiss francs in quarterly turnover for the first time and doubling profitability.

Swiss Interest In Electric Vehicles Is On The Decline

Swiss enthusiasm for electric vehicles wanes, with growth in electric car registrations and ownership slowing markedly.

Sunflower Oil Prices in Switzerland Remain High

Swiss consumers continue to face high prices for sunflower oil, unaffected by global price reductions, suggesting potential market inefficiencies.

Alcon, Swiss Pharmaceutical Firm Growth Slows

Alcon's Q1 2023 results show good sales and net profit gains, although growth slightly tapered compared to last year.

Lidl Switzerland New Head of Real Estate: Tobias Eggli

Lidl Switzerland has announced Tobias Eggli as the new Head of Real Estate, enhancing the company’s executive team.

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