(IN BRIEF) Sika is establishing a cutting-edge facility in Lima, Peru, to manufacture synthetic macro fibers, further solidifying its position as a key supplier to the mining industry and infrastructure projects in Latin America. These fibers, leveraging advanced technology, enhance … Read the full press release
(IN BRIEF) In the first quarter of 2024, Kuehne+Nagel Group reported a decline in earnings compared to the previous year, citing intensified cost measures amidst a challenging business environment. Despite a slight improvement in demand for transportation services, the company’s … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Switzerland, Transportation & Logistics
Tagged Financial, investment, Kuehne+Nagel Group, Q1 Earnings, Stefan Paul
(IN BRIEF) ROHM and STMicroelectronics have announced the expansion of their multi-year agreement for the supply of silicon carbide (SiC) substrate wafers. This deal, valued at a minimum of $230 million, will see larger volumes of SiC substrate wafers being … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Switzerland, Technology
Tagged Dr. Robert Eckstein, Geoff West, Germany, partnership, Röhm, Semiconductor Capacity, SiC Substrate Supply, SiCrystal, STMicroelectronics, sustainability
(IN BRIEF) Swissloop Tunneling, a team of students from ETH Zurich supported by Empa, emerged victorious at the Not-a-Boring Competition 2024 in Bastrop, Texas, with their innovative micro-tunneling machine, Groundhog Beta. The team’s success marks a significant milestone in the … Read the full press release
(IN BRIEF) Siemens and BILT are pioneering a groundbreaking approach to electrician training by optimizing their 3D Intelligent Instructions for Apple Vision Pro. As the demand for skilled electricians rises, effective training becomes crucial. Leveraging BILT on Apple Vision Pro, … Read the full press release
Posted in Artificial Intelligence (AI), Education, Electronics & Machinery, Industrial, Switzerland, Technology
Tagged 3D Intelligent Instructions, Andreas Matthé, Apple Vision Pro, BILT, digitalization, Electrician training 3D Intelligent Instructions, Hannover Messe, Immersive learning, Industry innovation, Nate Henderson, Peter Koerte, Siemens, Siemens Xcelerator Ecosystem, Spatial models, t Siemens Smart Infrastructure, Xcelerator Ecosystem
(IN BRIEF) Ingka Group, the leading IKEA retailer, is embarking on an ambitious expansion journey by opening new IKEA stores and customer meeting points in various locations worldwide. In Switzerland, a modern IKEA store opened in Riddes, featuring innovative sustainability … Read the full press release
Posted in Business, Netherlands, Retail, Switzerland
Tagged CHINA, Cindy Andersen, IKEA retailer, IKEA store, IKEA Xi’an Yanta, Ingka Group, Livat meeting place, Riddes, Switzerland, Tolga Öncu, Xi’an
(IN BRIEF) Siemens Smart Infrastructure has introduced Electrification X, the latest addition to its Xcelerator portfolio, aiming to revolutionize the transformation of electrification infrastructure. Building upon the success of Building X and Gridscale X, Electrification X offers scalable IoT SaaS … Read the full press release
(IN BRIEF) Novartis revealed promising data from the ALITHIOS open-label extension study, highlighting the enduring effectiveness of Kesimpta® (ofatumumab) in treating relapsing multiple sclerosis (RMS) over a span of up to six years. The study, presented at the American Academy … Read the full press release
(IN BRIEF) Hydro Energi AS recently finalized a significant long-term power purchase agreement (PPA) with Swiss energy provider Alpiq, spanning from 2025 to 2033. The agreement entails the delivery of 0.54 TWh of power, contributing to Hydro’s Nordic power portfolio, … Read the full press release
(IN BRIEF) Holcim has announced the agenda for its 2024 Annual General Meeting (AGM), scheduled for May 8th at Bossard Arena in Zug, Switzerland. The Board of Directors proposes a dividend increase of 12% to CHF 2.80 per registered share … Read the full press release
Posted in Business, Construction, Economy, Financial, Industrial, Investment, Management, News, Switzerland
Tagged 2024 AGM, appointment, Catrin Hinkel, Financial, holcim, investment, Jan Jenisch, leadership, Michael H. McGarry, Miljan Gutovic
(IN BRIEF) STMicroelectronics, a global semiconductor leader, has inked a ten-year Power Purchase Agreement (PPA) with Centrica Energy for the supply of renewable energy to its Italian operations, starting from January 2025. The agreement, based on approximately 61 GWh of … Read the full press release
Posted in Business, Denmark, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Switzerland, Technology
Tagged Centrica Energy, Geoff West, Italy, Kristian Gjerløv-Juel, partnership, renewable energy, STMicroelectronics, sustainability, UK
(IN BRIEF) Kuehne+Nagel International AG’s Board of Directors has approved a significant restructuring, transitioning to a new direct reporting system for country organizations. This strategic move aims to streamline responsibilities, empowering business and functional units to adapt more swiftly to … Read the full press release
(IN BRIEF) Infineon Technologies AG introduces the XENSIV™ Sensor Shield for Arduino, a versatile tool aimed at accelerating innovation in smart sensor systems for smart home and consumer applications. This shield, developed in collaboration with Sensirion, integrates a wide range … Read the full press release
(IN BRIEF) Holcim has announced the signing of an agreement to acquire Tensolite, a prominent manufacturer of precast and pre-stressed concrete construction systems with a strong foothold in fast-growing Latin American markets. Tensolite’s $22 million net sales in 2023 and … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Investment, Management, News, Switzerland
Tagged acquisition, holcim, Latin American, Oliver Osswald, partnership, sustainability, Tensolite
(IN BRIEF) Swisscom introduces Enterprise Service Cloud OnPrem, providing companies with a highly available data center solution on their premises, ensuring critical applications’ availability even during emergencies. Coupled with Swisscom’s CyberVault Backup, offering protection against cyberattacks with malware-free backups in … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology, Telecom
Tagged CyberVault, Enterprise Service Cloud OnPrem, IT, Lukas Hebeisen, Swisscom
(IN BRIEF) Basilea Pharmaceutica Ltd, a biopharmaceutical company, has received approval from the US Food and Drug Administration (FDA) for ZEVTERA® (ceftobiprole medocaril sodium for injection). The approval covers its use in adult patients with Staphylococcus aureus bloodstream infections (bacteremia), … Read the full press release
Posted in Business, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Security & Safety, Switzerland, Technology
Tagged Adesh Kaul, Basilea, David Veitch, Dr. Marc Engelhardt, FDA, Pediatric Use, safety, Severe Bacterial Infections, Thomas Holland, Vance G. Fowler, Zevtera®
(IN BRIEF) Unitaid has allocated over £6 million in new funding to the University of Liverpool-led LONGEVITY project, aimed at enhancing long-acting therapeutics for tuberculosis, malaria, and hepatitis C. Started in 2020, the project has achieved preclinical milestones for long-acting … Read the full press release
Posted in Business, Education, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Non Profit, Science, Switzerland, Technology, United Kingdom
Tagged hepatitis C, Infectious Disease Therapeutics, LONGEVITY Project, malaria, partnership, Professor Andrew Owen, Professor Louise Kenny, Professor Steve Rannard, Professor Tariq Ali, Professor Wiebe Van Der Hoek, sustainability, Switzerland, tuberculosis, UNITAID, University of Liverpool
(IN BRIEF) STMicroelectronics (NYSE: STM) has announced Panasonic Cycle Technology’s adoption of the STM32F3 microcontroller (MCU) and edge AI development tool, STM32Cube.AI, for their TiMO A e-assisted bike. This collaboration introduces an innovative tire pressure monitoring system (TPMS) using advanced … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Government, Industrial, Investment, Management, News, Switzerland, Technology
Tagged AI Tire Pressure Monitoring System, e-Assisted Bike, Edge AI Solutions, Japan, Marc Dupaquier, Mr. Hiroyuki KAMO, Panasonic, partnership, STMicroelectronics, sustainability, TiMO A
(IN BRIEF) UBS Group AG has successfully completed its 2022 share repurchase program, repurchasing 298,537,950 shares via a separate trading line on the SIX Swiss Exchange, totaling CHF 5,009,665,264 (USD 5,244,697,247). A portion of the repurchased shares, approved by the … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Switzerland
Tagged 2022 Share Repurchase Program, Financial, investment, UBS Group AG
(IN BRIEF) Stadler proudly announces that its FLIRT H2 has secured a place in the Guinness World Records database for traveling the longest distance (1,741.7 miles) by a hydrogen fuel cell electric multiple unit passenger train without refueling. This achievement … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology, Transportation & Logistics, Travel
Tagged Awards, Dr. Ansgar Brockmeyer, FLIRT H2, Guinness World Record, hydrogen train, leadership, Martin Ritter, Stadler, sustainability
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