Zurich

(IN BRIEF) Stadler Signalling AG has entered into a partnership with Sihltal Zürich Uetliberg Bahn (SZU) to modernize SZU’s signalling systems by 2034 as part of the SZU_4.0 modernization initiative. The 34 million franc contract includes upgrading signal boxes and … Read the full press release →

(IN BRIEF) Future Growth Capital (FGC), the private markets investment manager launched by Schroders plc and Phoenix Group, has announced its senior leadership team to support investment opportunities in private markets for UK pension savers. Paul Forshaw has been appointed … Read the full press release →

(IN BRIEF) Zalando has expanded its AI-powered fashion assistant across all 25 of its markets, now offering personalized fashion recommendations in local languages. This assistant, which integrates Zalando’s own models with OpenAI’s large language models, tailors advice based on factors … Read the full press release →

(IN BRIEF) Barry Callebaut has launched its Net Zero Roadmap, outlining its plan to fully decarbonize its value chain and reach Net Zero emissions by 2050. The roadmap sets an interim target of reducing emissions by 30% by 2030, focusing … Read the full press release →

(IN BRIEF) Deutsche Bank has appointed Raffael Gasser as the new Head of Wealth Management & Private Banking in Germany, starting November 1, 2024. Gasser, who brings extensive experience from UBS and Credit Suisse, will oversee services for affluent and … Read the full press release →

(IN BRIEF) Swissport will require electric-powered vehicles for key ground support operations starting January 2025 as part of its goal to achieve 55% electric Ground Support Equipment (eGSE) by 2032. The company plans to invest over €1 billion in electric … Read the full press release →

(IN BRIEF) ZEISS Semiconductor Manufacturing Technology (SMT) is acquiring the Lithography division of Beyond Gravity, based in Zurich, Switzerland, and Coswig, Germany. This acquisition aims to boost ZEISS SMT’s production and research capabilities to meet rising global demand for semiconductor … Read the full press release →

(IN BRIEF) Barry Callebaut Group has appointed Natasha Chen as the new President of its North America division, effective September 16, 2024. She will oversee operations in the U.S., Mexico, and Canada, reporting directly to CEO Peter Feld. Chen, who … Read the full press release →

(IN BRIEF) AD HOC ANNOUNCEMENT pursuant to Art. 53 Listing Rules of SIX Swiss Exchange Group) The Adecco Group has announced that it will propose Martine Ferland, former CEO and President of Mercer, for election to its Board of Directors … Read the full press release →

(IN BRIEF) Empa has appointed Matthias Sulzer as the new Head of the Engineering Sciences Department, effective January 1, 2025. Sulzer, an expert in energy and building technology, will succeed Peter Richner, who will retire in March 2025. Sulzer will … Read the full press release →

(IN BRIEF) Chubb has appointed Amelie Fava-Verde as Senior Vice President of North America Chubb Resilience Services, a new role focused on enhancing the company’s risk engineering and resilience capabilities. With over 20 years of experience in environmental risk and … Read the full press release →