Unternehmen
Gatik secures $200 million Series D as autonomous freight demand accelerates
Autonomous trucking firm Gatik raises $200 million in a Series D round led by Qatar Investment Authority and Koch Disruptive Technologies, citing over $600 million in contracted revenue and 85,000 driverless orders completed.
Private equity owners explore Nemera sale after GLP-1 device demand surge
Astorg and Montagu evaluate exit from drug delivery device maker Nemera, potentially valuing the company at €3 billion. Advisory process to begin in coming months.
VW’s Blume says half of planned job cuts must be in Germany
Volkswagen CEO Oliver Blume told staff that roughly half of up to 50,000 additional global layoffs would occur in Germany as part of a cost-cutting drive. The plan aims to slash €10 billion in overheads amid weak China demand and unused capacity.
UBS ranks Switzerland’s most desirable residential locations
UBS study finds medium-sized Swiss cities outperform large urban centers on cost and livability, with Freiburg, Solothurn and Aarau leading in affordability. Nine of ten regions favor mid-sized towns over metropolises.
VP Bank reports 1.4 bln CHF net new money inflow in H1, eyes Asia expansion
CEO Urs Monstein outlines turnaround progress, with net new money at 1.4 bln CHF in the first half and a focus on cost discipline, Asian growth and potential acquisitions. Cost/income ratio falls to 78.8%.
Swiss changes in September: Gotthard tunnel closures, dog bans and wage hikes
Switzerland implements new regulations including Gotthard tunnel night closures, a dog ban in Schwyz offices, Basel-Stadt wage increases, and revised federal prosecutorial rules. Ebookers halts Swiss bookings.
TWG working with regulators to cut affiliated insurance assets
Group 1001's insurers face scrutiny over related-party investments; TWG plans $6.5 billion swap to reduce exposure. Mark Walter denies fraud allegations.
Swiss banker Pierre Mirabaud pleads guilty in Kuwait corruption case
Former Swiss Bankers Association president admits to money laundering and illicit commissions linked to Kuwaiti pension fund investments. Trial set for September 8.
Workday’s Silver Lake talks set valuation floor for software M&A
Silver Lake’s potential $224/share bid for Workday signals a 15x FY28 EV/FCF floor for enterprise software deals. European peers Nemetschek and Sage surged on the news, while Workday’s earnings call avoided deal speculation.
AIG appoints Allianz’s Anthony Vassallo as global energy head
Vassallo, who spent over two decades at Allianz, will succeed Warren Meigs, who is retiring after 33 years at AIG. The move underscores AIG’s focus on specialty lines.
Calian completes C$51.5M acquisition of Galaxy Broadband
Upfront payment of C$24M made with C$27.5M earnout tied to closing conditions. Deal expands Calian’s remote connectivity and satellite communications capabilities.
Feintool posts H1 2026 profit rebound, shares rise 4%
Feintool International Holding AG reported a 5.6% rise in H1 sales, swung to a CHF 8.8 million EBIT and posted its first positive net result since 2023, sending the stock up about 4%.
Helvetia launches mid-tier auto insurance covering total loss after collisions
New 'Totalschadenkasko' policy offers partial coverage plus total-loss protection after self-inflicted crashes at roughly one-third the cost of full collision insurance, Helvetia says. Demand strongest among owners of 10-year-old vehicles priced around 44,000 francs when new.
Kühne’s $42 bln fortune to pass to Swiss foundation after death
The estate of the late logistics magnate Klaus-Michael Kühne will be managed by a Swiss foundation, with Kühne + Nagel as its core holding. Succession questions arise amid sector consolidation.
UBS study: Mid-sized Swiss cities more attractive for families than Zurich, Geneva
Lower living costs and strong infrastructure in smaller urban centers outweigh benefits of major cities, UBS research finds. Study examines 10 Swiss regions with a two-child family model.
Kantonalbank expansion must be strategic, not just for growth: expert
Reto Jauch warns Swiss regional banks against expansion for its own sake, citing governance and strategic discipline as critical to success amid rising competition and technological change.
Perion to buy in-store retail media firm PRN for up to $12 million
Deal adds 4,500+ store networks and $3 million in projected 2027 EBITDA. Perion says acquisition is accretive from closing with no disruption to retailer ties.
Swiss canton rejects plan to redistribute BLKB profits to municipalities
Baselland government opposes initiative to divert one-third of Basellandschaftliche Kantonalbank earnings to local communities, citing risk exposure and lack of ownership.
Zurich Insurance appoints Liz Padley as Group Treasurer
London-based Barclays executive Liz Padley succeeds Smriti Dahiya at Zurich Insurance, bringing over two decades of banking and capital management experience to the Swiss insurer.
Sonova launches Phonak EON hearing aids with third-gen real-time AI
Swiss hearing tech leader Sonova unveils Phonak EON portfolio featuring proprietary AI chip, 37% energy savings and 50 dB wind-noise reduction. U.S. launch begins Aug. 24.
Cham Swiss Properties posts 5% rise in H1 2026 rental income
Swiss real estate firm reports CHF 13.7 million in rental revenue, down from CHF 37.3 million in asset sales a year ago. Six projects worth CHF 172 million underway.
Lambda seeks $3 bln at $12 bln valuation in next funding round
AI cloud provider Lambda is in advanced talks to raise up to $3 billion in a new funding round that would value the company at $12 billion or more. Nvidia is among its backers.
Powerus starts counter-drone production in Gulf region
U.S. firm begins manufacturing Guardian interceptors in GCC as part of partnership with regional defense manufacturer. Merger with Aureus Greenway Holdings expected to close in Q4 2026.
JetBlue to open second BlueHouse lounge in Boston next week
New 12,000 sq ft BlueHouse lounge at Boston Logan International Airport opens Thursday, expanding JetBlue's premium airport hospitality. Complimentary access expands to Mint and Mint Flex fare customers.
Martin Marietta closes $2B limestone reserves deal with Lhoist North America
Acquisition adds over 2 billion tons of reserves to Martin Marietta’s portfolio, expanding its lime and limestone business. Financial terms remain undisclosed.