United Kingdom

John Revill

Russian spying increasing - Swiss intelligence chief

11:50am BST

BERN Russian spying in Switzerland is increasing, the Swiss intelligence agency said on Friday after two high-profile cases involving suspected Russian agents trying to infiltrate sites in Switzerland.

ABB explores options to sell Power Grids business - sources

18 Oct 2018

* ABB looking at selling majority or minority stake - sources

Departure of Asia chief Martello overshadows Nestle's sales rise

18 Oct 2018

ZURICH Nestle's highly regarded Asia chief Wan Ling Martello is leaving the world's largest packaged food company, taking the shine off the faster sales growth over the last three months.

Clariant elects Saudi reps to board as tensions rise over missing journalist

16 Oct 2018

BASEL, Switzerland Swiss chemicals group Clariant elected four representatives of its Saudi anchor shareholder to its board on Tuesday as its new chief executive acknowledged rising tensions over a missing Saudi journalist could hurt its business.

Ceva Logistics rejects Danish bidder DSV's $1.55 billion approach

11 Oct 2018

ZURICH Swiss transport group Ceva Logistics rejected an unsolicited takeover approach from Denmark's DSV , saying on Thursday the 1.53 billion Swiss franc ($1.55 billion) cash bid undervalued the company that went public only in May.

Ceva Logistics rejects $1.55 billion takeover approach

11 Oct 2018

ZURICH, Oct 11 Transport company Ceva Logistics on Thursday said it had rejected an unsolicited takeover attempt, saying the 1.53 billion Swiss franc ($1.55 billion) offer undervalued the recently floated company.

UPDATE 3-SNB sees no clear exit from crisis mode as cuts inflation view

20 Sep 2018

* No chance SNB will hike rates before ECB -economist (Recasts with SNB chairman's comments)

Nestle aims to shed skin unit to focus on food, nutrition

20 Sep 2018

LONDON/ZURICH Nestle put its skin health unit up for sale on Thursday, as the maker of Nescafe and Perrier water ditches underperforming businesses and fends off criticism from an activist investor demanding an overhaul.

UPDATE 2-Adecco shares tumble on slowdown in European hiring growth

19 Sep 2018

ZURICH, Sept 19 Adecco Group's shares fell to their lowest level in two years on Wednesday after the world's largest staffing company signalled a slowdown in European hiring growth.

World News

Turkey says it has not shared Khashoggi audio with anyone

Turkey has not shared audio recordings said to document the killing of Saudi journalist Jamal Khashoggi inside the Saudi consulate in Istanbul, its foreign minister said on Friday, dismissing reports it had passed them on to the United States.