United Kingdom

Silke Koltrowitz

Richemont hit by Hong Kong protests, online distributor losses

08 Nov 2019

ZURICH Shares in luxury goods group Richemont fell over 5% on Friday after it said political protests in Hong Kong weighed on first half sales and reported higher than expected losses at recently-acquired online distributors.

Barry Callebaut sticks to sales growth target after solid full year

06 Nov 2019

ZURICH Barry Callebaut , which makes chocolate and cocoa products for firms like Nestle and Unilever , stuck to a sales volume growth target of 4-6% over the next three years, counting on new outsourcing deals to fuel growth.

On trial: Swiss judicial system to face people's verdict

25 Oct 2019

ZURICH Swiss supreme court judges are members of political parties, they may rely on their party's support to be elected and re-elected, and they donate thousands of francs a year to party coffers.

On trial: Swiss judicial system to face people's verdict

25 Oct 2019

* GRAPHIC-Judges' party contributions: https://tmsnrt.rs/2P9FWwl

Emerging markets come off the boil for Nestle and Unilever

17 Oct 2019

ZURICH/LONDON Global consumer goods companies have been banking on emerging markets to drive their growth, so signs on Thursday that sales have come off the boil in the once-booming economies of China and India could set alarm bells ringing.

RPT-UPDATE 2-Nestle revamps waters business as organic growth slows

17 Oct 2019

ZURICH, Oct 17 Food group Nestle plans to return up to 20 billion Swiss francs ($20.13 billion) to shareholders over the next three years and reorganise its struggling waters business after organic sales growth slowed in the third quarter.

UPDATE 5-Credit Suisse clears its CEO in spying scandal that rocked Swiss banking

01 Oct 2019

* Company veteran James Walker named to replace Bouee (Adds further reaction, context)

Swiss telco Sunrise determined to salvage UPC deal

27 Aug 2019

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.

Swiss telco Sunrise fights to save $6.4 billion Liberty deal

22 Aug 2019

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.

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