ZURICH Telecoms group Sunrise Communications will next week present a new evaluation with revised savings of its planned takeover of Liberty Global's Swiss business UPC, in a bid to win sufficient shareholder support for the deal.
ZURICH Swiss telecoms firm Sunrise Communications on Thursday stepped up efforts to rescue its takeover of Liberty Global's Swiss unit amid criticism from its top shareholder, saying it had found new synergies and could cut a planned rights issue to fund the deal.
By Silke Koltrowitz, Angelika Gruber and Brenna Hughes Neghaiwi
ZURICH Swiss chocolate maker Lindt & Spruengli said it was on track for organic sales growth of 5-7% in 2019 after an improving situation in the United States supported profit and sales growth in the first six months.
ZURICH Swiss chocolate and cocoa maker Barry Callebaut confirmed its mid-term guidance on Thursday after posting an acceleration in sales volumes for the nine months to May 31 as its outsourcing business expanded.
(This July 9 story corrects to change company name to Biotech Foods in paragraph five.)
BERN The Swiss National Bank (SNB) could further relax its ultra-loose monetary policy, it said on Thursday, blaming rising trade tensions between the United States and China for a spike in the safe-haven Swiss franc.