Edition:
United Kingdom

John Revill

New Swiss A220 jet engine failure forces checks

15 Oct 2019

PARIS/ZURICH U.S. engine maker Pratt & Whitney faces new checks on engines for small jetliners after an engine failure forced a Geneva-bound Swiss jet to divert to Paris and prompted a brief grounding of the rest of the airline's Airbus A220 fleet.

Liberty Global backs Sunrise deal to tune of $500 million

14 Oct 2019

ZURICH Liberty Global has offered a 500 million Swiss franc ($501.45 million) sweetener to rescue the sale of its Swiss cable and TV business to Sunrise Communications but a key Sunrise shareholder said it remained opposed to the deal.

Novartis gets FDA boost in crowded eye drug market

08 Oct 2019

ZURICH Novartis's anti-blindness medicine Beovu has become the latest eye drug to win U.S. Food and Drug Administration approval, giving the Swiss drugmaker a boost in the increasingly competitive market for eye problems among an aging population.

Outgoing Speaker Bercow: would not rule out second Brexit referendum

19 Sep 2019

ZURICH Outgoing speaker of the British House of Commons John Bercow would not rule out a second referendum to solve the country's Brexit impasse, he told an audience in Zurich on Thursday.

UPDATE 1-Outgoing Speaker Bercow: would not rule out second Brexit referendum

19 Sep 2019

ZURICH, Sept 19 Outgoing speaker of the British House of Commons John Bercow would not rule out a second referendum to solve the country's Brexit impasse, he told an audience in Zurich on Thursday.

SNB raising negative rate threshold may halve burden on banks - analysts

19 Sep 2019

ZURICH The Swiss National Bank's decision to raise the threshold for the country's banks before they are hit with negative interest rates could halve the amount they end up paying the central bank, analysts' calculations suggest.

UPDATE 2-Swiss National Bank helps banks brace for long-term negative rates

19 Sep 2019

* SNB cuts GDP growth, inflation forecasts (Rewrites, adding detail, reaction)

RPT-UPDATE 2-Siemens's Busch favourite to be next CEO after promotion to deputy job

19 Sep 2019

ZURICH, Sept 18 Siemens promoted Chief Operating Officer Roland Busch to become deputy chief executive, it said on Wednesday, putting the 54-year-old in pole position to eventually replace Joe Kaeser as head of the German engineering group.

Siemens's Busch favorite to be next CEO after promotion to deputy job

18 Sep 2019

ZURICH Siemens promoted Chief Operating Officer Roland Busch to become deputy chief executive, it said on Wednesday, putting the 54-year-old in pole position to eventually replace Joe Kaeser as head of the German engineering group.

Swiss slash 2019 growth forecast as industry struggles

17 Sep 2019

ZURICH The Swiss government cut its 2019 growth forecast by a third on Tuesday, citing as risks the escalating trade war between China and the United States, the rising Swiss franc and the drastic slowdown in neighboring Germany.

World News