The Swiss franc was flat, but its safe-haven credentials suggest further strength, and if the eurozone comes under pressure from internal politics or a trade war with the U.S. EUR/CHF could fall to 0.
Johann Rupert may only be a minority shareholder in the companies he chairs, but he still has large amounts of control thanks ...
Further discussions are still needed with the banks, the Bank of Greece, and the ECB – "The out-of-court settlement mechanism ...
Swiss biotech BioVersys, which develops treatments for serious infections caused by drug resistant bacteria, has completed its initial public offering with an implied market valuation of 213 million ...
European stocks are off to a strong start in 2025. Some financial luminaries, most notably BlackRock Chief Executive Larry ...
The Polish unit of Santander Bank posted a 7% fall in its preliminary fourth-quarter net profit on Wednesday, hit by rising ...
CEO Sergio Ermotti highlighted the strong fourth-quarter and full-year 2024 performance, with a net profit of $5.1 billion and underlying return on CET1 capital of 8.7%. Ermotti emphasized the ...
Riders and drivers in Switzerland could be hit with vast fines if they drive or ride vehicles that break new regulations on ...
Swiss banking giant UBS on Tuesday posted $770 million in fourth-quarter net profit, compared with a mean forecast of $886.4 ...
L'Oreal said it would sell a 2.3% stake, or about 29.6 million shares for 101.5 euros each, back to the pharma company. After the sale, L'Oreal will hold 7.2% of Sanofi's share capital and 13.1% of ...
The US dollar's gains were broad, with the euro also touching a more than two-year low and the Swiss franc - despite typically acting as a safe haven - initially sliding to the weakest since May ...