John Revillediting News Today

ZURICH -Holcim will launch a 1 billion Swiss francs share buyback by the end of the year, the building materials giant said on Wednesday after reporting fourth-quarter earnings slightly ahead of... -February 28, 2024 at 02:49 am EST - MarketScreener

ZURICH (Reuters) -Cartier jewellery owner Richemont painted a mixed picture of the luxury sector in its latest results on Thursday, reporting a sales decline in Europe but a big increase in China. The Swiss-based company said sales in constant currencies, which remove foreign exchange fluctuations, fell 3% in Europe as higher sales to Chinese tourists and domestic customers failed to compensate for lower spending by travellers generally, particularly from the United States. Sales increased by ...

ZURICH -The Swiss National Bank on Monday said it will reduce the amount of interest it pays commercial banks for money deposited with it overnight after costs soared with the end of its...

By John Revill ZURICH (Reuters) -The Swiss National Bank held out the prospect of further interest rate hikes later this year after it surprised markets

ZURICH -Swiss chocolate maker Barry Callebaut on Wednesday said it would spend 500 million Swiss francs over the next two years as part of a new strategic investment plan.... -Today at 10:50 am- MarketScreener

ZURICH -Investors in Swiss asset manager GAM Holding have asked for the companys extraordinary general meeting - which could remove its chairman and board - to be delayed....

ZURICH -Holcim expects demand for building materials to remain robust this year, the worlds biggest cement maker said on Thursday after posting better than forecast sales and profit....

UBS and the Swiss government agreed on Friday how they will share losses linked to the bank's emergency takeover of Credit Suisse, clearing the way for the deal to close within days, and creating a giant Swiss bank and cementing its position as a global wealth manager.

BERN (Reuters) -UBS Chief Executive Sergio Ermotti on Friday warned of painful decisions about job cuts following the takeover of Credit Suisse, which he said he hoped would be formalised in coming days. | Jun. 02

By John Revill (Reuters) -UBS will have an "incredibly high bar" on investment banking staff it takes on from Credit Suisse following the merger of the