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United Kingdom

John Revill

Zurich Insurance says on track to meet 2019 targets

05 Dec 2018

ZURICH Zurich Insurance is on track to achieve its financial targets for the 2017-2019 period, the Swiss insurer said in a statement on Wednesday ahead of its investor day.

Siemens looks for faster growth in 'smart' buildings, eyes acquisitions

04 Dec 2018

ZUG, Switzerland Siemens wants to grow its building technologies business faster than the overall construction market next year, possibly with help from acquisitions, the business' chief executive Matthias Rebellius said on Tuesday.

LafargeHolcim sees slower 2019 sales growth but higher profitability

28 Nov 2018

BIRMINGHAM, England LafargeHolcim expects slower sales growth but higher profitability in 2019, the world's largest cement maker said on Wednesday, adding that it is counting on "solid market demand" for its building materials to continue.

Swiss reject proposal to put domestic law above international rules

25 Nov 2018

ZURICHSwiss voters have rejected a proposal to give the neutral country's laws priority over international law, a move that critics claimed would have deeply damaged its global standing and hurt its economy.

ABB, Siemens CEOs to visit Saudi Arabia for supplier conference

25 Nov 2018

ZURICH The chief executives of ABB and Siemens are travelling to Saudi Arabia to attend a supplier conference, just weeks after they pulled out of an investment event in the country following the death of a journalist.

ABB signs potential $1.9 billion deal for Power Grids products in China

23 Nov 2018

ZURICH ABB's Power Grids business has signed deals that could be worth around $1.9 billion to supply power transmission equipment to utility companies in China, a person familiar with the situation said.

ABB talking to three Asian suitors about Power Grids sale: sources

16 Nov 2018

ZURICH/FRANKFURT ABB is in talks with Hitachi Ltd and Mitsubishi Electric Corp to sell all or part of its power grids business, sources familiar with the matter told Reuters, boosting the embattled Swiss engineer's shares.

UPDATE 2-ABB talking to three Asian suitors about Power Grids sale - sources

16 Nov 2018

ZURICH/FRANKFURT, Nov 15 ABB is in talks with Hitachi Ltd and Mitsubishi Electric Corp to sell all or part of the Swiss engineering group's embattled power grids business, sources familiar with the issue told Reuters.

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