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…]
Category: Switzerland
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…]
Vodafone’s Italian business sold to Swisscom for €8 billion
In a significant move, Vodafone has agreed to sell its Italian business to Swisscom, the Bern-based telecommunications firm, for a staggering €8 billion in cash. [more…]
Satcom Direct expands European presence with new Switzerland office
Satcom Direct is making waves in the business aviation world with the unveiling of its new office in Basel, Switzerland. Nestled in the heart of [more…]
Solita expands European presence with launch of Intellishore AG in Switzerland
In a move to expand its global presence and cater to the needs of large multinational and pharmaceutical companies, Solita, a technology, data, and design [more…]
Meyer Burger Technology to close solar module manufacturing facilities in Germany
Switzerland-based Meyer Burger Technology has revealed plans to shut down its solar module manufacturing facilities in Germany, citing a challenging market environment in Europe. The [more…]
Bed Bath & Beyond’s estate files lawsuit against Mediterranean Shipping Co.
In a legal showdown of unprecedented proportions, the bankruptcy estate of Bed Bath & Beyond has lodged the largest lawsuit in the history of the [more…]
