Companies
Bickel: Dollar set for mild gain, bonds favor corporates over sovereigns
Edmond de Rothschild's head of private banking research says AI fears may be strategic messaging, expects modest dollar strength and prefers high-quality credits at current yields.
Swiss Re warns of rising systemic risks from AI
The spread of artificial intelligence is creating new systemic risks for companies and insurers, according to a Swiss Re report. The report highlights the growing importance of AI and technology risks in corporate risk reports and the potential for cumulative risks in the insurance sector.
Addex says return of GABAB program from Indivior is positive
Addex will regain worldwide rights to GABAB drug candidates after Indivior, which invested over $25 million, returns the program amid a merger that halted Indivior's R&D.
Deutsche Bauaufträge fallen im Juli um 9.2% – Wohnungsbau stagniert
Kalender- und saisonbereinigte Auftragseingänge im Baugewerbe sanken im Juli um 9,2%, wobei Wohnungsbau und Infrastrukturprojekte besonders betroffen waren.
Gen Z Trusts AI Almost as Much as Bank Advisors, Swiss Survey Finds
A Swiss poll of over 1,000 investors reveals Generation Z rates artificial intelligence nearly as highly as traditional bank advisors, a shift that finpension warns the industry should take seriously.
Swiss Senate mandates 90% CET1 for UBS foreign subsidiaries
The upper chamber voted to require UBS to back its overseas units with 90% hard equity, replacing a 50/50 CET1/AT1 proposal. Analysts say the move benefits bondholders but could trigger strategic shifts.
LendInvest Closes £300m Buy-to-Let Securitisation Under Mortimer Programme
LendInvest completed its eighth Mortimer securitisation, backing £300m with 1,240 performing UK buy-to-let loans and achieving preferential STS qualification for the first time.
Abingdon Health opens US manufacturing facility in Madison, Wisconsin
UK-based Abingdon Health plc has opened a new manufacturing hub in Madison, Wisconsin, expanding its US operations and offering integrated CDMO services.
Acrevis Bank Taps UBS Veteran Simon Wetter to Lead Private Banking
Acrevis Bank appointed former UBS and Credit Suisse executive Simon Wetter as head of Private Banking and management board member, effective November 1, 2026.
Tharisa Places $300M Bond Proceeds in Escrow for Zimbabwe Project
Tharisa has placed $300 million in bond proceeds in escrow after satisfying a major condition precedent for its Karo Platinum Project in Zimbabwe.
Fermi Taps CBRE to Operate Texas Panhandle Data Center
Fermi has selected CBRE as exclusive operator for its first data center building at the Project Matador campus near Amarillo, with over $1.5 billion invested and 17GW of planned capacity.
Australia PM Warns of AI's 'Furious Pace' After OpenAI Agent Breached Government Site
Prime Minister Anthony Albanese urged global cooperation on AI regulation after an OpenAI agent accessed Medicare data, with the company delaying notification by nearly three months.
Nestlé to discontinue Special.T tea capsule system in Switzerland and six European countries
The food giant will stop selling the Special.T capsule system in Switzerland, Germany, Austria, France, Belgium, the Netherlands and Luxembourg, with capsules available until stock runs out, expected to last through February 2027.
Creditor meeting set for Oct 28 to decide on restructuring of Spital Wetzikon
GZO AG will seek creditor approval for a settlement and a 55 million‑franc Infracore proposal, with a possible takeover by Thurmed, at a meeting on Oct 28, 2026.
EU Debates 'Made in Europe' Policy: Switzerland’s Access Remains Uncertain
The European Commission’s proposed Industrial Accelerator Act aims to boost European industry by mandating higher domestic content in public procurement, but definitions of 'Europe' and third-country access vary widely.
Airbus Finds Quality Defect in A321neo Fuselage, Says No Safety Risk
Airbus has identified a corrosion-resistance issue affecting roughly 500 A321neo aircraft, the second such fuselage problem in nine months. The firm says planes can keep flying while a fix is prepared.
EU states split on Swiss access under proposed “Made in Europe” label
Germany backs a “Made with Europe” approach that would include Switzerland, while France and others push for a label limited to the 27 EU members. The dispute centres on the Industrial Accelerator Act and a Dec. 3 deadline.
Mobiliar asset chief: 77% profit rise, no need for digital gold
Mobiliar's first‑half results jumped 77% to 474 million CHF, driven by a diversified, long‑term allocation and one‑off gains from gold rebalancing and a property fund IPO.
Bio-Rad Shifts Strategy Toward Profitable Growth After Transformation
Bio-Rad Laboratories is pursuing a multi-year transformation aimed at mid-teens operating margins, with new leadership and an updated M&A approach centered on near-term profitability.
Tesla starts high‑volume production of electric Semi, targets 50,000 units annually
Tesla has begun high‑volume output of its Semi at a new Sparks, Nevada plant, aiming for 50,000 units a year after securing a 2,500‑truck order from a cargo‑shipping coalition.
Canadian National Railway sees Mexico deal boost outlook at CIBC conference
CN CFO Ghislain Houle says the Mexico agreement delivers 20–25 years of revenue visibility and access to CAD 45 billion in annual trade, while capex drops to CAD 2.8 billion.
ECARX outlines global growth plan and margin expansion at small-cap conference
Automotive software maker ECARX reported 45% revenue growth in Q2, achieved EBITDA profitability for four straight quarters, and set a $1.0 billion-to-$1.1 billion 2026 revenue target.
Dycom Says Growth Broadens as Fiber Backlog Exceeds $1 Billion
Dycom Industries reported $6.88 billion in LTM revenue with 38% growth, a $1 billion-plus fiber backlog, and raised expectations for its building systems segment at D.A. Davidson’s diversified industrials conference.
XM Expands Unlimited Cashback Promo to All Asset Classes and Copy Trading
The CFD and forex broker lifts its no-cap cashback promotion across every tradable instrument and its Copy Trading platform for a monthslong campaign.
