(IN BRIEF) Holcim, a global leader in building solutions, announced its first-quarter 2024 results, showcasing strong growth and strategic expansion. Despite challenges, the company reported a net sales increase of 3.4% in local currency, with recurring EBIT growth of 17.1%. … Read the full press release
Posted in Business, Construction, Economy, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland
Tagged Financial, holcim, investment, Jan Jenisch
(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
(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
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