Richemont Appoints Anton Rupert Co-Deputy Chairman
Compagnie Financière Richemont SA today announced the appointment of Anton Rupert as Non-executive Co-Deputy Chairman of its Board of Directors.
Holcim Invests in Cloud Cycle for Concrete Delivery Optimization
Holcim has invested in Cloud Cycle, a UK-based technology company. The investment aims to transform ready-mix concrete operations into a real-time,…
Nestlé Agrees to Sell Mainstream Vitamins Business for $1 Billion
Nestlé said it agreed to sell its mainstream vitamins, minerals and supplements business to Yellow Wood Partners for $1.0 billion (CHF 0.8 billion).…
UBS Says Swiss Panel Recommendations Would Require $13 Billion Extra AT1
UBS said recommendations from Switzerland’s upper-house economic committee would require parent bank UBS AG to hold about $13 billion of extra Tier 1…
Novartis Says Remibrutinib Cut MS Relapses Versus Teriflunomide in Phase 3 Trials
Novartis said two Phase 3 REMODEL trials of remibrutinib met their primary endpoint, reducing the annualized relapse rate versus teriflunomide in relapsing multiple…
Lonza Names Samanta Cimitan Chief Commercial Officer
Lonza appointed Samanta Cimitan as Chief Commercial Officer, the company said. Cimitan will join Lonza by January 1, 2027, in the newly created…
Sonova Launches New AI-Powered Phonak EON Hearing Aids
Sonova introduced its Phonak Audéo EON portfolio, featuring third-generation real-time AI hearing aids, the company said. The new EON Sphere models are 25%…
German Prostitute Registrations Rise Marginally in 2025
Germany reported 32,500 registered prostitutes by the end of 2025, a 0.7% increase from the previous year, Destatis said. The number of registered…
Holcim to Acquire Fermacell
Holcim will acquire Fermacell, a European provider of sustainable walling and flooring solutions, Holcim said. The acquisition has a transaction value of EUR…
Sika Places EUR 1 Billion Hybrid Capital Bond
Sika AG successfully placed an inaugural EUR 1 billion hybrid capital bond with European institutional investors. The bond is split into two EUR…