(IN BRIEF) ABB has secured an order to provide a comprehensive power distribution system for two new short-sea container ships being built for Samskip Group, a global logistics company based in Rotterdam. These vessels will be among the world’s first … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged ABB, ABB Onboard DC Grid™, Cochin Shipyard Ltd, ENOVA, Erik Hofmeester, hydrogen fuel cells, Hydrogen-Powered Container Ships, Juha Koskela, Madhu S Nair, Netherlands, partnership, Power Distribution System, Rotterdam, Samskip, sustainability
(IN BRIEF) Bjørn Sibbern, currently the Executive Vice President and President of European Markets at Nasdaq, has been appointed as the Global Head of Exchanges and a Member of the Executive Board of SIX. He will assume this position on … Read the full press release
(IN BRIEF) Jos Dijsselhof, the CEO of SIX, has been unanimously elected as the new Vice Chairman of the World Federation of Exchanges (WFE) during its Annual Meeting. He will serve a two-year term in this role. Previously, Dijsselhof held … Read the full press release
Posted in Banks, Business, Financial, Industrial, International Trade, Investment, Management, News, Spain, Switzerland
Tagged appointment, CEO, Jos Dijsselhof, leadership, SIX, Vice Chairman, World Federation of Exchanges (WFE)
(IN BRIEF) Siemens has entered into a partnership with Monta, an electric vehicle (EV) charging platform provider, to enhance the development of charging infrastructure across Europe. Siemens will utilize Monta’s Charge Point Management System (CPMS) to manage its own EV … Read the full press release
Posted in Automotive, Business, Construction, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged Casper Rasmussen, charging infrastructure, CPMS, electric vehicle, Europe, Markus Mildner, Monta, partnership, Siemens, Siemens eMobility, sustainability
(IN BRIEF) SGS has been accredited by the IOAS (International Organic Accreditation Service) as an independent third-party certification body to issue certificates for Textile Exchange standards in new regions, including Europe, Asia, Africa, and North America. This expanded geographical reach … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Industrial, Management, News, Switzerland, Technology
Tagged accreditation, Exchange Standards, IOAS, partnership, SGS, sustainability, textile, Yvonne Tse
(IN BRIEF) Kuehne+Nagel has been appointed as the official logistics partner for COP28, the 2023 UN Climate Change Conference in Dubai. The logistics company will oversee all on-site logistics activities at Expo City Dubai, including building country pavilions and stages … Read the full press release
(IN BRIEF) Sika, a global specialty chemicals company, is preparing for a new growth strategy and has announced changes in its Board of Directors and Group Management. Thierry F.J. Vanlancker is proposed to take over as the new Chair of … Read the full press release
(IN BRIEF) Siemens has secured two significant orders to establish electric bus (e-bus) charging infrastructure in two German cities, Hamburg and Saarlouis. In Hamburg, Siemens will continue to support Hamburger Hochbahn AG, one of the country’s largest public transport companies, … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged charging infrastructure, electric bus, electromobility, Emission Reduction, Germany, Hamburg, Hamburger Hochbahn AG, Markus Mildner, partnership, Saarlouis, Siemens, sustainability
(IN BRIEF) Zurich Resilience Solutions, a unit of Zurich Insurance Group, and KPMG Switzerland have formed a strategic collaboration to provide advisory services addressing both physical and transition risks associated with climate change. This offering, initially available in Switzerland, will … Read the full press release
(IN BRIEF) Zurich Insurance Group has announced the appointment of Dirk De Nil as the Global Head of Zurich Resilience Solutions, effective from October 1, 2023. De Nil, currently the CEO of Zurich Benelux and Nordics, will succeed Hanno Mijer, … Read the full press release
(IN BRIEF) Siemens Smart Infrastructure has published its “Siemens Infrastructure Transition Monitor 2023” report, revealing varying opinions and progress regarding the global infrastructure transition toward decarbonization and resource efficiency. The report, based on a survey of 1,400 senior executives across … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology
Tagged Global Infrastructure, Matthias Rebellius, Siemens, Transition Progress
(IN BRIEF) In a creative collaboration between Empa researchers, school children, and the St. Gallen University of Teacher Education, a visionary children’s book about the circular economy is being developed to inspire readers of all ages. The project, known as … Read the full press release
Posted in Business, Economy, Education, Environment, Industrial, Management, News, Switzerland
Tagged circular economy, Empa, Harald Desing, Marion Rogalla, partnership, School children, sustainability, SWICO, V-Zug, Visionary Children's Book
(IN BRIEF) Swiss Re is emphasizing the importance of enhanced underwriting data, improved modeling, and rebalancing the insurance value chain to ensure the sustainability of the reinsurance market. As the demand for re/insurance protection increases in a volatile environment, Swiss … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged Gianfranco Lot, Moses Ojeisekhoba, Reinsurance Market, sustainability, Swiss Re, Urs Baertschi
(IN BRIEF) Siemens has officially opened its new Research and Development (R&D) facility in Zug, Switzerland, marking the completion of a seven-year, CHF250 million investment in its climate-neutral campus. The inauguration ceremony was attended by Swiss Economy Minister Guy Parmelin, … Read the full press release
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged Building Technologies, climate-neutral, Guy Parmelin, Matthias Rebellius, partnership, R&D Campus, Roland Busch, Siemens, Silvia Thalmann-Gut, sustainability, Switzerland, Zug
(IN BRIEF) Volkswagen is unveiling the ID.X Performance show car, an all-electric sports limousine, at the ID. Treffen event in Locarno, Switzerland. The vehicle features powerful all-wheel drive, a performance-oriented suspension, and an expressive design. The car showcases the potential … Read the full press release
(IN BRIEF) Nestlé is set to acquire a majority stake in Grupo CRM, a premium chocolate company in Brazil, through an agreement with Advent International. Grupo CRM operates a successful direct-to-consumer model, with over 1,000 chocolate boutiques under the Kopenhagen … Read the full press release
Posted in Business, Financial, Food & Beverage, Industrial, Investment, Management, News, Switzerland
Tagged acquisition, Advent International, Brazil, chocolate market, Grupo CRM, Laurent Freixe, Nestlé, partnership, Renata Moraes Vichi
(IN BRIEF) BME Clearing, a Spanish central counterparty (CCP) and part of the SIX Group, has received regulatory approval from the Comisión Nacional del Mercado de Valores (CNMV) to clear Bitcoin and Ethereum futures denominated in USD under EU regulations. … Read the full press release
(IN BRIEF) Holcim has inaugurated its Innovation Hub in Lyon, France, designed to showcase sustainable building solutions and foster collaboration in the pursuit of low-carbon, circular, and energy-efficient construction methods. The multi-story Hub accommodates start-ups, think tanks, and experts, serving … Read the full press release
Posted in Business, Construction, Environment, Germany, Industrial, Infrastructure & Utilities, Switzerland, Technology
Tagged building solutions, circular construction, construction, drive energy efficiency, ECOCycle®, ECOPact® concrete, ECOPlanet® cement, Elevate boards to Airium®, France, holcim, Holcim’s Global R&D center in Lyon, Innovation Hub, insulation systems, Miljan Gutovic, Nollaig Forrest, recycle construction demolition materials, roofing, sustainable building solutions
(IN BRIEF) SGS has partnered with EcoSeaStems to introduce ReefTox, an ecotoxicology test for evaluating the impact of cosmetics products on corals. Developed by biologist Vincent Bourgeteau, ReefTox assesses the toxicity of cosmetics products on 50 coral species found in … Read the full press release
(IN BRIEF) Nestlé has successfully divested its peanut allergy treatment business, Palforzia, to biopharmaceutical company Stallergenes Greer. This move follows Nestlé’s strategic review of its portfolio and aims to ensure business continuity while providing patients uninterrupted access to the treatment. … Read the full press release
(IN BRIEF) Swisscom has introduced two new IT security services, Secure Internet Traffic and Mail Security, aimed at providing advanced protection from phishing and enhancing cybersecurity for small SMEs. These cloud security solutions were previously available to larger enterprise customers … Read the full press release
Posted in Business, Industrial, Internet & Online, Management, Media, News, Security & Safety, Small Business, Switzerland, Technology, Telecom
Tagged cyber threats, Cybersecurity, internet traffic, IT security, Mail Security, Phishing, protection, Small SMEs, Swisscom
(IN BRIEF) STMicroelectronics, a global semiconductor leader, will supply BorgWarner, a sustainable mobility solutions provider, with third-generation 750V silicon carbide (SiC) power MOSFETs dice for their proprietary Viper-based power module. This module is used in BorgWarner’s traction inverter platforms for … Read the full press release
(IN BRIEF) NAGRA, a Kudelski Group subsidiary and a prominent provider of content protection and media solutions, has formed a partnership with 2G Digital Post, a Burbank-based post-production and localization services provider. The collaboration addresses the increasing demand for secure … Read the full press release
Posted in Business, Entertainment, Industrial, Management, Media, News, Security & Safety, Switzerland, Technology
Tagged 2G Digital Post, Allan McLennan, Kudelski Group, NAGRA, Nancy Goldberg, partnership, SECURITY
(IN BRIEF) Fondation Botnar is contributing an additional CHF 50 million to the University of Basel and ETH Zurich to expand the Botnar Research Centre for Child Health (BRCCH). This funding will facilitate the establishment of six new professorships focusing … Read the full press release
Posted in Business, Education, Financial, Healthcare, Industrial, Investment, Management, News, Science, Switzerland, Technology
Tagged Botnar Research Centre for Child Health (BRCCH), Child Health Research, ETH Zurich, Fondation Botnar, investment, partnership, pediatric digital health, Professor Christian Wolfrum, Professor Georg Holländer, Professor Torsten Schwede, Stefan Germann, University of Basel, wellness
(IN BRIEF) Sandoz, a global leader in generic and biosimilar medicines, has successfully acquired the worldwide brand rights for the systemic antifungal agent Mycamine® (micafungin sodium) from Astellas. This acquisition bolsters Sandoz’s position in the global hospital sector and enhances … Read the full press release
Posted in Business, Healthcare, Industrial, Management, News, Pharma & Biotech, Science, Switzerland
Tagged acquisition, Astellas, Mycamine®, Richard Saynor, Sandoz
(IN BRIEF) Swiss Re Reinsurance Solutions has partnered with Wysa to launch Wysa Assure, an AI-driven mental health support app. Combining Swiss Re’s risk expertise with Wysa’s AI technology, the app offers on-demand mental health assistance through an AI chatbot … Read the full press release
(IN BRIEF) SGS has inaugurated an advanced electromagnetic compatibility (EMC) and radio frequency (RF) testing laboratory in Senai, Johor, Malaysia. Spanning 5,300 square meters, the facility is dedicated to providing cutting-edge testing services for household electrical and electronic (E&E) products. … Read the full press release
Posted in Business, Industrial, Management, Science, Switzerland, Technology
Tagged battery safety testing, electrical and electronic, electromagnetic compatibility, electronic product safety testing, EMC, food testing, Johor, Malaysia, Malcolm Reid, Pradit Yongpanchai, quality assurance, radio frequency, RF testing laboratory, Senai, Senai International Airport, SGS, testing, testing facilities
(IN BRIEF) SESAME (Synchrotron-light for Experimental Science and Applications in the Middle East) laboratory, based in Jordan, has welcomed Iraq as its first Associate Member. SESAME is an intergovernmental organization that provides third-generation X-ray beamlines for various scientific disciplines, promoting … Read the full press release
Posted in Business, Government, Industrial, Infrastructure & Utilities, Management, News, Science, Switzerland
Tagged CERN, Iraq, JORDAN, Middle East, Naeem Alaboodi, partnership, Rolf Heuer, Scientific, SESAME laboratory, X-ray beamlines
(IN BRIEF) Siemens AG has announced its intent to acquire Heliox, a Dutch company specializing in fast charging solutions for electric buses, trucks, and vehicles. This acquisition will expand Siemens’ eMobility charging portfolio, enhancing its offerings for eBus and eTruck … Read the full press release
Posted in Automotive, Business, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology
Tagged acquisition, emobility, Fast Charging Solutions, Heliox, Matthias Rebellius, partnership, Siemens
(IN BRIEF) CERN’s NA62 and NA64 experiments, located in the North Area, have made significant progress in understanding dark matter. Operating outside the LHC’s energy range, these experiments recently revealed new findings. NA62 investigated a rare kaon decay, excluding evidence … Read the full press release
Posted in Education, Science, Switzerland, Technology
Tagged CERN, dark bosons, dark matter, NA62, NA64
(IN BRIEF) ABB will provide switchgears and variable speed drives to Northvolt Ett, a battery gigafactory in Sweden, aiming to match power output with factory processes to improve energy efficiency, performance, and maintenance. Northvolt Ett, powered by 100% fossil-free energy, … Read the full press release
(IN BRIEF) Empa, a Swiss research institute, is actively addressing the shortage of skilled workers in technical professions by providing support to talented individuals throughout their academic and professional journeys. Empa’s efforts encompass apprenticeships, academic studies, research careers, and entrepreneurship. … Read the full press release
Posted in Business, Education, Industrial, Management, News, Switzerland
Tagged Comprehensive Approach, Empa, Skill Shortages, Swiss, talent, Technical Professions
(IN BRIEF) The Paul Scherrer Institute (PSI) has administered proton radiotherapy to a 67-year-old patient with oesophageal cancer, marking the first time this treatment has been used in Switzerland for such a case. The treatment is part of a collaborative … Read the full press release
Posted in Business, Healthcare, Industrial, Management, News, Science, Switzerland, Technology
Tagged clinical trial, Damien Weber, Dominic Leiser, Matthias Guckenberger, Oesophageal Cancer, Panagiotis Balermpas, Paul Scherrer Institute, PROTECT (PROton versus photon Therapy for Esophageal Cancer: a Trimodality Strategy), Proton Radiotherapy, Switzerland, treatment, University Hospital Zurich, wellness
(IN BRIEF) Vestas, a global leader in wind energy solutions, has been awarded a 140 MW order to provide wind turbines for the Halkirk II wind project in Alberta, Canada, owned by Capital Power. The order includes 31 V150-4.5 MW … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland
Tagged Alberta, AOM 5000, CANADA, Capital Power, Halkirk II Wind Project, Laura Beane, partnership, Steve Owens, sustainability, V150-4.5 MW, Vestas, wind turbines
(IN BRIEF) Basilea Pharmaceutica Ltd, a biopharmaceutical company specializing in severe bacterial and fungal infection treatments, has announced robust financial results for the first half-year ending June 30, 2023. Their CEO, David Veitch, highlighted the company’s progress in executing their … Read the full press release
Posted in Business, Financial, Healthcare, Management, Marketing, News, Pharma & Biotech, Science, Switzerland
Tagged Adesh Kaul, Basilea Pharmaceutica, Cresemba®, David Veitch, financial results, Zevtera®
(IN BRIEF) UBS Group AG has voluntarily terminated its CHF 9 billion Loss Protection Agreement (LPA) with the Swiss government, covering potential losses from Credit Suisse non-core assets, after a thorough evaluation of the assets and stress loss scenarios. Additionally, … Read the full press release
Posted in Banks, Financial, Government, Investment, Management, News, Switzerland
Tagged Credit Suisse, Financial, liquidity, Loss Protection Agreement, Swiss Government, UBS
TOP-LINE DATA FROM REMIX-1 AND REMIX-2 STUDIES DEMONSTRATE SIGNIFICANT SYMPTOM IMPROVEMENT (IN BRIEF) Novartis has unveiled promising results from Phase III trials for remibrutinib, a potent Bruton’s tyrosine kinase (BTK) inhibitor, targeting chronic spontaneous urticaria (CSU). The REMIX-1 and REMIX-2 … Read the full press release
(IN BRIEF) SGS has established a new experimental field station for Crop Science in Benacazón, Spain. The facility, which includes walk-in plant growth chambers, greenhouses, and specialized laboratories, aims to support crop scientists in their research and enable integrated pest … Read the full press release
(IN BRIEF) SGS, the world’s leading testing, inspection, and certification company, has been acknowledged for its commitment to sustainable practices for the sixth consecutive year by being included in the FTSE4Good Index Series. The recognition is based on FTSE4Good criteria, … Read the full press release
Posted in Awards, Environment, Industrial, Management, News, Security & Safety, Switzerland
Tagged Award, FTSE4Good Index, SGS, sustainability
(IN BRIEF) Holcim has completed the acquisition of Cooper Standard Technical Rubber GmbH (CSTR), a prominent manufacturer of durable and technical rubber products used in roofing systems. With this acquisition, Holcim aims to expand its roofing platform in Europe and … Read the full press release
Posted in Business, Construction, Environment, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology
Tagged acquisition, CSTR, holcim, Jamie Gentoso, partnership, Roofing Platform, sustainability
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