(IN BRIEF) Global insured losses from natural catastrophes in 2024 are projected to exceed USD 135 billion, marking the fifth consecutive year such losses have surpassed USD 100 billion, according to Swiss Re Institute. Hurricanes Helene and Milton caused nearly … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged Balz Grollimund, Financial, investment, Jerome Jean Haegeli, natural catastrophes, sustainability, Swiss Re
(IN BRIEF) Zurich Insurance Group, a strategic partner of the World Economic Forum, has contributed to the Executive Opinion Survey, which highlights top risks for G20 business leaders. Economic challenges such as downturns, labor shortages, and inflation remain dominant concerns, … Read the full press release
Posted in Artificial Intelligence (AI), Business, Economy, Environment, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged AI Risks, Carolina Klint, Climate, G20 Business Survey, Marsh McLennan, partnership, Peter Giger, World Economic Forum (WEF), Zurich Insurance Group
(IN BRIEF) STMicroelectronics and Ampere, Renault Group’s EV division, have entered a multi-year agreement to supply Silicon Carbide (SiC) power modules for Ampere’s next-generation electric powertrains starting in 2026. This partnership focuses on developing an advanced powerbox to enhance EV … Read the full press release
Posted in Automotive, Business, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, News, Switzerland, Technology
Tagged Ampere, France, INNOVATION, Michael Anfang, partnership, Philippe Brunet, Power Modules EVs, silicon carbide, STMicroelectronics, sustainability
(IN BRIEF) ABB has acquired Solutions Industry & Building (SIB), a French manufacturer of premium cable glands and electrical products, to expand its portfolio of electrification and cable protection solutions. This acquisition strengthens ABB’s presence in specialized markets such as … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ABB, acquisition, Cable Protection, electrification, France, Gilles Lherbier, INNOVATION, Khalid Mandri, partnership, Solutions Industry & Building (SIB), sustainability
(IN BRIEF) Holcim has agreed to sell its 83.81% stake in Lafarge Africa PLC to Huaxin Cement Ltd for an equity value of USD 1 billion. The transaction, aimed at streamlining Holcim’s portfolio, is expected to close in 2025, pending … Read the full press release
(IN BRIEF) SGS celebrates 20 years of leadership in maritime environmental services, supporting shipowners, port operators, and coastal managers in over 600 ports globally. The company’s journey began with Dr. Vladimiro Bonamin and Robert Goldring, who introduced maritime environmental services … Read the full press release
(IN BRIEF) SIX has appointed Bjørn Sibbern as its new CEO, effective January 1, 2025, succeeding Jos Dijsselhof, who is stepping down after seven years to pursue a new opportunity in the Middle East. Sibbern, currently Global Head Exchanges at … Read the full press release
Posted in Business, Financial, Industrial, International Trade, Investment, Management, Marketing, News, Switzerland, Technology
Tagged appointment, Bjørn Sibbern, CEO, Jos Dijsselhof, leadership, SIX, Thomas Wellauer
(IN BRIEF) RBS has selected Stadler to supply 20 new multiple-unit trains for the Solothurn-Bern RegioExpress line (RE5) between 2028 and 2030. The CHF 190 million contract aims to replace aging “Seconda” trains, increase capacity, and improve passenger comfort with … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged Fabian Schmid, modernization, partnership, Peter Spuhler, Regionalverkehr Bern-Solothurn (RBS), Solothurn-Bern Line, Stadler, sustainability
(IN BRIEF) Empa researchers have developed bioluminescent wood by infusing hardwood with the honey fungus (Desarmillaria tabescens), a naturally luminous organism. This innovation offers sustainable uses for hardwoods, which are increasingly planted in Swiss forests to combat climate change. The … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, News, Science, Switzerland, Technology
Tagged Bioluminescent Wood, Empa, Francis Schwarze, Natural Fungal Processes, sustainability
(IN BRIEF) Bechtle has appointed Christian Speck as Vice President Switzerland, effective January 1, 2025. Speck, currently Managing Director of Bechtle Schweiz AG, will oversee all Swiss operations and integrate the company’s sales channels to enhance customer support and cross-channel … Read the full press release
(IN BRIEF) Novartis has secured European Commission approval for Kisqali® (ribociclib) in combination with endocrine therapy (ET) as an adjuvant treatment for high-risk hormone receptor-positive (HR+), HER2-negative early breast cancer (EBC). The approval, based on the Phase III NATALEE trial, … Read the full press release
(IN BRIEF) Roche has announced the acquisition of Poseida Therapeutics, a clinical-stage biopharmaceutical company specializing in off-the-shelf CAR-T cell therapies, for $9.00 per share in cash, totaling approximately $1 billion. Poseida stockholders may also receive up to $4.00 per share … Read the full press release
Posted in Business, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Security & Safety, Switzerland, Technology
Tagged acquisition, Aviv Regev, cell therapy, INNOVATION, Levi Garraway, partnership, Poseida Therapeutics, Roche, sustainability, USA
(IN BRIEF) Roche provided an update on its Phase III SKYSCRAPER-01 study, evaluating tiragolumab in combination with Tecentriq® for patients with PD-L1-high, advanced, or metastatic non-small cell lung cancer (NSCLC). The study did not meet its primary endpoint of improving … Read the full press release
Posted in Business, Financial, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Security & Safety, Switzerland, Technology
Tagged Lung Cancer Therapy, Roche, safety, SKYSCRAPER-01 Study, TECENTRIQ, Tiragolumab
(IN BRIEF) SGS has announced the global launch of EDGE Certification, an internationally recognized standard for workplace diversity, equity, and inclusion (DEI). EDGE evaluates organizations across four pillars: representation, pay equity, career flows, and cultural inclusiveness. As an approved certification … Read the full press release
Posted in Business, Industrial, Management, News, Society, Switzerland
Tagged diversity equity and inclusion (DEI), EDGE certification, Neil Willings, SGS, society, Workplace Equity
(IN BRIEF) The TIMBERHAUS project, a European research initiative launched in Copenhagen, aims to promote sustainable timber construction to reduce the carbon footprint of the building industry. Co-funded by the EU and Switzerland’s SERI, the four-year project involves 19 partners … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Science, Switzerland, Technology
Tagged Anders Kjellow, Empa, European Project, Kirsten Haggart, Mark Schubert, partnership, sustainability, Timber Construction, TIMBERHAUS
(IN BRIEF) Landis+Gyr Group AG has appointed Peter Mainz as its new CEO, effective immediately, succeeding Werner Lieberherr, who will retire in 2025. Mainz, a member of Landis+Gyr’s Board since 2018 and former CEO of U.S. smart metering leader Sensus, … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology
Tagged appointment, CEO, Landis+Gyr, leadership, Peter Mainz, Werner Lieberherr
(IN BRIEF) Barry Callebaut has integrated upcycled cacaofruit products into its portfolio, advancing its commitment to sustainability, innovation, and unique flavor experiences. Originally developed by start-up Cabosse Naturals in 2019, these ingredients utilize the entire cacaofruit, offering zesty, fruity flavors … Read the full press release
Posted in Business, Environment, Financial, Food & Beverage, Industrial, Investment, Management, News, Switzerland, Technology
Tagged Barry Callebaut, Cacaofruit Products, INNOVATION, sustainability
(IN BRIEF) Empa, in partnership with Imperial College London, has launched the DroneHub, a cutting-edge research facility for autonomous flying robots designed to address infrastructure maintenance, environmental restoration, and biodiversity monitoring. The hub features specialized spaces for 3D printing repairs, … Read the full press release
(IN BRIEF) Siemens has partnered with the UAE Ministry of Energy and Infrastructure to retrofit 60 government buildings with energy-efficient technologies as part of a decarbonization program aligned with the UAE’s net-zero emissions goal by 2050. The program aims to … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged Decarbonization Program, His Excellency Suhail Mohamed Al Mazrouei, infrastructure, Matthias Rebellius, partnership, Siemens, sustainability, UAE Ministry of Energy
(IN BRIEF) Enemalta, Malta’s leading energy provider, is partnering with Siemens to enhance its grid infrastructure using the Gridscale X software platform. This innovative system will enable predictive management, reduce outages, and optimize grid operations for over 450,000 residents. The … Read the full press release
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