(IN BRIEF) International technology group ANDRITZ has secured an order from Lignatherm AG to provide a pressurized refining system for a new insulation board production facility in Küssnacht am Rigi, Switzerland. Set to utilize locally sourced wood chips exclusively, the … Read the full press release
(IN BRIEF) Novartis has announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has recommended granting marketing authorization for Fabhalta® (iptacopan) for the treatment of adults with paroxysmal nocturnal hemoglobinuria (PNH) who … Read the full press release
(IN BRIEF) In a strategic move, Kuehne+Nagel, a global logistics giant, has revealed plans for a state-of-the-art contract logistics fulfillment center in Piscataway, New Jersey. Spanning 100,000 sq. ft., this facility, positioned near the company’s existing luxury retail fulfillment center, … Read the full press release
(IN BRIEF) SIX, a prominent financial information provider, has announced a strategic investment in BITA, a leading indexing technology and services provider, alongside existing shareholders ETFS Capital, Volta Ventures, and Pamica NV. Recognizing the increasing demand for customizable investment solutions, … Read the full press release
Posted in Business, Economy, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged BITA, BITACore, Financial, investment, Marion Leslie, SIX, Victor Hugo Gomez
(IN BRIEF) World Sailing announces Kuehne+Nagel as its Global Logistics Partner for an initial three-year period, aiming to revolutionize the logistics behind sailing events while prioritizing sustainability. Kuehne+Nagel will manage transportation for sailing equipment and resources, with a focus on … Read the full press release
(IN BRIEF) Empa researchers are leading the charge in the “Mining the Atmosphere” initiative, aiming to harvest renewable energy from the Earth’s sun belt and transport it to industrial hubs like Switzerland. By utilizing pyrolysis to decarbonize natural gas, producing … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Science, Switzerland, Technology
Tagged "Mining the Atmosphere", Christian Bach, Empa, renewable energy, sustainability
(IN BRIEF) The European Network of Transmission System Operators for Electricity (ENTSO-E) expresses optimism as discussions between the European Union and Switzerland commence regarding an electricity agreement, emphasizing its critical importance for the secure and efficient operation of the European … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland
Tagged electricity, ENTSO-E, EU, partnership, sustainability, Switzerland
(IN BRIEF) Swissport has commenced operations at Palma de Mallorca (PMI), Spain’s third-largest airport and a significant European tourist destination. With a workforce of 300, including 64.9 percent electrically powered vehicles, Swissport aims to contribute to sustainable air traffic in … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Spain, Switzerland, Travel
Tagged Dirk Goovaerts, Jorge García, Palma de Mallorca Airport, partnership, sustainability, Swissport
(IN BRIEF) Holcim is set to commence its share buyback program on March 18, 2024, allocating a total of CHF 1 billion until the end of 2024, subject to share cancellation approval at the 2025 Annual General Meeting. Funded from … Read the full press release
Posted in Business, Construction, Economy, Financial, Industrial, Investment, Management, News, Switzerland
Tagged Financial, holcim, investment, Share Buyback Program
(IN BRIEF) AFRY has been appointed as the technical advisor by 50Hertz, the transmission system operator, for the critical SuedOstLink project, a key grid expansion endeavor to accelerate Germany’s energy transition. The project involves planning a 540-kilometer underground cable, set … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged 50Hertz, AFRY, Bavaria, Cable Planning, clean energy transition, Germany, Niels Hornig, partnership, SuedOstLink, sustainability, Thorben Müller
(IN BRIEF) Despite facing significant non-cash value adjustments, SIX concluded 2023 with a robust operating result, reflecting a 3.5% growth in total operating income and a 6.7% increase in EBITDA. The company’s diversified business model propelled operational success across various … Read the full press release
Posted in Business, Economy, Financial, Industrial, International Trade, Investment, Management, News, Switzerland
Tagged Financial, investment, Jos Dijsselhof, SIX
(IN BRIEF) Swiss Re has announced its proposals for its upcoming Annual General Meeting (AGM) on April 12, 2024, including the re-election of Jacques de Vaucleroy as a Board member and his election as Chairman, along with the nomination of … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged AGM, appointment, Chairman, Financial, Geraldine Matchett, investment, Jacques de Vaucleroy, leadership, sustainability, Swiss Re
(IN BRIEF) ABB inaugurated its renovated US robotics headquarters and manufacturing facility in Auburn Hills, Michigan, underscoring its dedication to bolstering its leadership in the US robotics market. The facility, with a 30% increase in space, will support ABB’s role … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ABB, Auburn Hills, John Bubnikovich, leadership, Michigan, partnership, robotics, Sami Atiya, sustainability, US
(IN BRIEF) STMicroelectronics, a leading semiconductor manufacturer, introduces the new STM32H7R/S microcontrollers, blending the performance and scalability of microprocessors with the simplicity of microcontrollers. These high-performance devices cater to diverse applications such as smart appliances, industrial automation, and eHealth systems, … Read the full press release
(IN BRIEF) Basilea Pharmaceutica Ltd (SIX: BSLN) announced a significant milestone with a USD 1.25 million payment triggered by the robust sales performance of its antifungal medication, Cresemba® (isavuconazole), in the Asia Pacific region and China by its license partner … Read the full press release
Posted in Business, Financial, Government, Healthcare, Industrial, Investment, Management, Marketing, News, Science, Security & Safety, Switzerland, Technology
Tagged Asia Pacific, Basilea Pharmaceutica, CHINA, Cresemba®, David Veitch, Financial, investment
(IN BRIEF) David Brupbacher is set to take on the role of Head of IT and Member of the Executive Board at SIX Group starting July 1, 2024, replacing Christoph Landis, who will retire later in the year. Brupbacher, with … Read the full press release
Posted in Business, Economy, Financial, Industrial, International Trade, Investment, Management, News, Switzerland, Technology
Tagged appointment, Christoph Landis, David Brupbacher, Head of IT, Jos Dijsselhof, leadership, SIX
(IN BRIEF) In early 2024, Europe’s medical and research communities announced major breakthroughs in cancer care, highlighting new treatments like AstraZeneca and Daiichi Sankyo’s datopotamab deruxtecan for lung and breast cancer, and AstraZeneca’s Tagrisso for EGFR-mutated lung cancer. Diagnostic advancements … Read the full press release
Posted in Finland, Germany, Healthcare, Insurance, News, Pharma & Biotech, Science, Society, Switzerland, Technology, United Kingdom
Tagged accessible cancer solutions, AstraZeneca, Aviva, BioNTech, breast cancer, breast cancer screening, cancer care, cancer diagnostics, cancer prevention awareness, cancer research, cancer treatment, colorectal cancer, Daiichi Sankyo, datopotamab deruxtecan, Duality Biologics, Eckert & Ziegler, EMA, FDA, genetic risk information, Inspirna, lung cancer, Merck KGaA, multi-cancer early detection, neuroendocrine neoplasms diagnostics, Novartis, ompenaclid, oncology, polygenic risk score, preventive healthcare, Professor Tim Maughan, ReSisTrace methodology, Stage III EGFR-mutated lung cancer, Swiss Re Institute, Tagrisso, treatment-resistant cancer cells, University of Helsinki, University of Liverpool
(IN BRIEF) Syngenta Crop Protection has finalized an agreement with Maersk for ocean transport using biofuel, marking a significant step towards reducing greenhouse gas (GHG) emissions from its logistics operations. Through Maersk’s ECO Delivery solution, Syngenta will utilize certified biofuels … Read the full press release
Posted in Agriculture, Business, Denmark, Environment, Financial, Government, Industrial, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged Biofuel-Powered Ocean Transport, GHG emissions, Kaisa Helena Tikk, Maersk, Mike Hollands, partnership, sustainability, Syngenta
(IN BRIEF) SGS has introduced a comprehensive solution to support organizations in complying with the Modernization of Cosmetics Regulation Act (MoCRA) in the United States. MoCRA, which expands the FDA’s authority over cosmetic products, imposes new requirements on manufacturers and … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Financial, Industrial, Investment, Management, News, Science, Security & Safety, Switzerland, Technology
Tagged Comprehensive Solution, MoCRA Compliance, SGS
(IN BRIEF) Swisscom introduces Enterprise Mobile, a tailored mobile subscription service designed to cater to the diverse needs of Swiss SMEs. With premium data speeds of up to 2 Gbit/s and unlimited data options, businesses can enjoy seamless connectivity and … Read the full press release
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