Browsing Tag
Switzerland
136 posts
Invinity Energy stock (IES): ÂŁ25m fundraising, 40% fall and dilution explained
Invinity Energy Systems has secured conditional commitments for ÂŁ25 million, including substantial backing from the United Kingdom's National Wealth Fund. Yet its shares plunged after trading resumed, exposing the tension between a discounted equity issue, shareholder dilution and the company's ambitions to commercialise vanadium flow batteries.
Lindt replaces CEO after two outlook cuts as premium chocolate pricing strategy hits resistance
Lindt & SprĂĽngli has replaced Chief Executive Officer Adalbert Lechner after weakening European demand forced two outlook reductions and exposed the limits of aggressive chocolate price increases.
ABB orders surge 40% to $12bn as AI power demand drives record quarter
ABB Ltd reported record quarterly orders of $12.06 billion and operating profitability above 20%, while announcing a $495 million investment in a Mitsubishi Electric joint venture. Strong data centre demand is supporting growth, but investors are increasingly questioning the durability of artificial intelligence infrastructure expenditure.
Galderma to buy ZO Skin Health for $1.5bn as medical-grade skincare moves deeper into beauty M&A
Galderma will acquire ZO Skin Health for $1.5 billion, paying roughly 4.5 times trailing sales to deepen its exposure to physician-dispensed skincare.
Glencore joins ASX as copper expansion and US$5bn marketing profit outlook attract attention
Glencore has begun trading on the Australian Securities Exchange through depositary interests, broadening access to Australian institutional capital while targeting higher copper production and more than US$5 billion in 2026 marketing earnings.
On Holding targets CHF5.6bn sales and launches first $1bn share buyback
The Swiss premium sportswear company expects high-teens constant-currency growth through 2029 while expanding beyond running into football and golf without abandoning its premium-margin strategy.
Roche’s enicepatide delivers 15.5% weight loss in type 2 diabetes Phase II trial
The once-weekly GLP-1 and GIP medicine also brought blood sugar into the normal range for 62% of patients at its highest dose, supporting plans for broader Phase III development in 2027.
Bitcoin Suisse holds CHF3bn in crypto assets. Why could half its Swiss workforce now go?
Bitcoin Suisse is proposing to cut as many as 60 of its 120 Swiss employees while closing its Copenhagen development site and moving software and back-office work toward international hubs in Bratislava and Vietnam.
Skyguide cut potential layoffs from 220 to 50. Why has the CHF51m savings target not moved?
Switzerland’s air-navigation provider now expects only about 50 compulsory redundancies, yet its wider plan to remove 200 positions and save CHF51 million remains intact.
Swiss Life is buying back CHF250m of shares while cutting 600 positions. Why?
Swiss Life plans to eliminate around 600 positions by the end of 2028, including roughly 300 in its Swiss insurance business, as the group uses digitalisation and operating simplification to improve efficiency despite rising profit, premiums and fee income.