Shyft and Aebi Schmidt unite in $1.95 billion specialty vehicle deal
An International Fusion on Wheels: Shyft Group and Aebi Schmidt Join Forces In a move that merges the precision of Swiss engineering with American manufacturing [more…]
Category: Switzerland
Edelweiss Air brings Swiss charm to Seattle and Halifax with new flights
Get ready, Seattle! Starting June 2, 2025, the Alpine breeze of Switzerland is coming straight to your doorstep with Edelweiss’s new direct flights from SeaTac [more…]
Roche races ahead in weight loss drug development
In an exciting twist, Roche is turning up the heat in the weight loss drug race, eyeing a leap ahead of industry giants like Novo [more…]
Lufthansa holds firm amid EU antitrust scrutiny over ITA Airways stake
In the high-stakes world of airline mergers, Lufthansa is holding its ground. The German carrier, eyeing a significant stake in Italy’s state-owned ITA Airways, has [more…]
STMicroelectronics to build chip factory in Sicily
In a move to cut its dependency on China, Europe is taking significant steps to ramp up its semiconductor game. STMicroelectronics, a heavyweight in the [more…]
Nestle pours billions into Brazil for Nescafe’s youthful coffee revolution
Nestle, the Swiss giant known for its Nescafe brand, is set to pour 1 billion reais ($196.5 million) into Brazil’s coffee market by 2026. Their [more…]
Glencore and PT Chandra near $1 Billion deal for Shell’s Singapore refinery and petrochemical units
In a move set to reshape Singapore’s energy landscape, a consortium led by Glencore and PT Chandra is on the brink of acquiring Shell’s oil [more…]
Viking Holdings aims for smooth sailing with $1.33 billion IPO
In a move that reflects renewed confidence in the market, travel firm Viking Holdings announced plans to raise up to $1.33 billion in an upsized [more…]
Trafigura-led consortium in exclusive talks to acquire Exxon Mobil’s Fos-sur-Mer refinery in France
In a strategic move, Rhone Energies, a consortium formed by commodity trader Trafigura and Entara LLC, has entered into exclusive negotiations with Exxon Mobil’s ESSO [more…]
Swiss government steps up oversight of UBS and other big banks
In a move to prevent a repeat of the Credit Suisse collapse, Switzerland has announced stricter capital requirements for UBS and other systemically relevant banks. [more…]