Zurich

(IN BRIEF) Swisscom has expanded its data centre infrastructure in Western Switzerland by acquiring Philip Morris Products S.A.’s Bonvillars data centre near Yverdon-les-Bains. This move addresses the growing demand for secure and flexible colocation services while ensuring data storage remains … Read the full press release →

(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 →

(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 →

(IN BRIEF) Saxo Bank has released its annual Outrageous Predictions for 2025, presenting a series of speculative scenarios that, while unlikely, could have dramatic effects on global markets if realized. Highlights include a hypothetical second Trump administration disrupting the US … Read the full press release →

(IN BRIEF) AWS and SAP have launched GROW with SAP on AWS, a new offering available through AWS Marketplace that simplifies the adoption of SAP’s S/4HANA Cloud Public Edition. This cloud-native ERP solution reduces deployment time from years to months … Read the full press release →

(IN BRIEF) Zumtobel’s IZURA pendant luminaire has won the German Sustainability Award 2025 in the Product + Resources category for its innovative circular design, resource-efficient production, and use of recycled materials. Featuring a modular structure and digital product passport, the … Read the full press release →

(IN BRIEF) Aviva has completed a £1.7 billion pensioner buy-in with the National Grid Electricity Group, part of the Electricity Supply Pension Scheme, ensuring benefits for 5,800 pensioner members. Finalized in October 2024, the transaction included transitioning an existing longevity … Read the full press release →

(IN BRIEF) Saxo has partnered with novobanco to offer Portuguese investors access to its advanced digital trading platform, enhancing the investment experience with a broad range of tools and opportunities. This collaboration aligns with the growing demand in Portugal for … Read the full press release →

(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 →

(IN BRIEF) DWS Group has restructured its investment leadership by consolidating its Portfolio Management, Chief Investment Office, and Economic Research units under Vincenzo Vedda, who will also take on the role of Global Chief Investment Officer (CIO). This strategic shift … Read the full press release →

(IN BRIEF) FedEx Express Swiss Post is set to open a new facility in Gossau, Switzerland, by Autumn 2025, consolidating operations from two other sites to increase capacity for growing shipment volumes, particularly in e-commerce. The facility will feature enhanced … Read the full press release →

(IN BRIEF) Swiss Re is selling its iptiQ European P&C business to Allianz Direct, including its Luxembourg-based risk carrier, over 100 employees, and existing distribution agreements in several European markets. This move aligns with Swiss Re’s strategy to exit iptiQ, … Read the full press release →