Today: September 21, 2024
Today: September 21, 2024

Latest From John Revill

Business|Finance

UBS industry customers increasingly critical, survey finds

Nearly a quarter of Swiss industrial companies are unhappy with the service from UBS, notably in lending, since its 2023 Credit Suisse takeover, a survey found, in a

UBS industry customers increasingly critical, survey finds
Business|Entertainment|Europe|Lifestyle

Swiss choose Basel to host 2025 Eurovision Song Contest

Next year's Eurovision Song Contest will be held in the Swiss city of Basel, the event's organiser said on Friday, setting it up for an economic boost from the

Swiss choose Basel to host 2025 Eurovision Song Contest
Business|Crime|Economy|Europe

Swiss court convicts two executives over $1.8 billion 1MDB fraud

The Swiss Federal Criminal Court convicted on Wednesday two executives at an oil exploration company for embezzling more than $1.8 billion from

Swiss court convicts two executives over $1.8 billion 1MDB fraud
Business|News

Nestle CEO Schneider was ousted after underperformance, sources say

Nestle CEO Mark Schneider was ousted in a sudden decision by the world's biggest foodmaker as a result of the group's underperformance, three

Nestle CEO Schneider was ousted after underperformance, sources say
Business|Economy|Finance|Technology

Swiss launch instant payments to catch up with Europe

Swiss companies and consumers are now able to make instant electronic payments, catching up with other European financial centres where the ultra-fast transfers are

Swiss launch instant payments to catch up with Europe
Business|Europe|Finance

Swiss bank Julius Baer taps Goldman Sachs executive as CEO

Julius Baer on Tuesday named Goldman Sachs partner Stefan Bollinger its new CEO, as the Swiss private bank seeks to move on from the multi-million

Swiss bank Julius Baer taps Goldman Sachs executive as CEO
Economy|News|World

Swiss deny drop in value of frozen Russian assets signals weak enforcement

Switzerland reported a 1.7 billion franc ($1.9 billion) fall in the value of frozen Russian assets on Tuesday compared to the end of last year, though it denied this

Business

ABB's China operations under investigation by US Congress

Swiss engineering group ABB's operations in China are being scrutinised by two U.S.

Business|Economy|Travel

Zurich Insurance buys AIG travel business in $600 million deal

Zurich Insurance on Wednesday announced a $600 million deal to buy AIG's global personal travel insurance and assistance business.

Zurich Insurance buys AIG travel business in $600 million deal
Business|Economy|News|Political

Bankers who helped Putin's friend move millions via Swiss bank accounts lose appeal

Four bankers who helped a friend of Russian President Vladimir Putin move millions of francs through Swiss bank accounts have lost their attempt to overturn

Bankers who helped Putin's friend move millions via Swiss bank accounts lose appeal
Business|Economy

Swiss National Bank presses ahead as rate cutting front-runner

The Swiss National Bank cut interest rates on Thursday for the second time running, pointing to easing price pressures that allowed it to maintain its position as a

Swiss National Bank presses ahead as rate cutting front-runner
News|Political|World

Ukrainian children abducted by Russia left with psychological scars, campaigners say

Russia's abduction of Ukrainian children is an attempt to steal the country's future and has left the youngsters with deep psychological scars,

Ukrainian children abducted by Russia left with psychological scars, campaigners say
Business

Holcim takes 'rock star' North American business to Wall Street

Holcim Chief Executive Jan Jenisch on Monday described his company's North American operation, which the Swiss building materials firm plans to spin off next year, as

Holcim takes 'rock star' North American business to Wall Street
Business

ABB buys tech company to give industrial robots eyes and brains

ABB has bought a company specialising in boosting the mobility of industrial robots - by using artificial intelligence and 3D vision to move around factories and

ABB buys tech company to give industrial robots eyes and brains
Business|Economy

UBS market strength puts Swiss industry on edge

UBS's takeover of Credit Suisse has fed a creeping anxiety that Swiss companies will pay a price for the enlarged bank's outsize market strength.

UBS market strength puts Swiss industry on edge
Business|Economy

Race to appoint new Swiss central bank chief nears end

The Swiss National Bank's supervisory board is in the final stages of deciding its candidate to replace outgoing Chairman Thomas Jordan, people familiar with the

Race to appoint new Swiss central bank chief nears end
Business|Economy

Siemens misses profit forecast as customers stick to trend of destocking

Siemens reported on Thursday a drop in second-quarter earnings at its industrial business, as China maintained its trend of destocking longer than previously expected.

Siemens misses profit forecast as customers stick to trend of destocking
World

Swiss weapons exports plunge as neutral stance hurts trade

Swiss weapons exports fell by more than a quarter last year, the government said on Tuesday, with critics blaming the country's neutral stance which has blocked the re-

Swiss weapons exports plunge as neutral stance hurts trade
Business|Economy|News

Holcim positive on U.S. demand after Q1 profit beat

Holcim expects strong demand in North America to continue this year, the building materials and cement maker said on Thursday, after beating first-quarter profit

Holcim positive on U.S. demand after Q1 profit beat

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