FRANKFURT/ZURICH, Nov 19 ABB's clutch
and transmission manufacturer Dodge had already attracted
interest from potential bidders before the Swiss engineering
group announced it was exiting the business, people familiar
with the matter told Reuters on Thursday.
ZURICH Swiss voters decide on Sunday whether to ban the funding of arms makers, the latest anti-military referendum in the neutral country that hasn't fought an external war for 200 years.
* Swiss referendum to consider end to funding of arms
ZURICH Engineering group ABB's plan to offload three of its most profitable businesses, announced on Thursday, was met with disappointment by analysts who described the strategy as unambitious.
ZURICH Switzerland demanded 20% pay cuts from top players and coaches in return for aid to sports clubs pushed to the brink of collapse by vanishing ticket sales during the COVID-19 pandemic.
ZURICH As employers shed and furlough staff in an effort to stay afloat during the COVID-19 pandemic, one employer in Switzerland has launched a recruitment drive - the Zurich liquidation service.
ZURICH, Nov 17 As employers shed and furlough
staff in an effort to stay afloat during the COVID-19 pandemic,
one employer in Switzerland has launched a recruitment drive -
the Zurich liquidation service.
ZURICH German engineering group Siemens gave a cautious outlook on its recovery from the COVID-19 pandemic, saying on Thursday it expects government and company investments next year to lag the global rebound in economic growth.
ZURICH, Nov 9 The Swiss franc rose to a
five-year high on Monday against a fast-falling dollar, creating
a headache for the Swiss National Bank as it battles to keep a
lid on its currency.
ZURICH Switzerland's finance minister pledged not to raise taxes next year to pay for the measures to support the economy during the COVID-19 crisis, adding the country instead must keep a tight grip on spending.