Swiss Business News and Press Releases
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Swiss Re delivers 3% increase in net income to USD 4.2 billion for the first nine months of 2026
Swiss Re reported a net income of USD 1.3 billion for the third quarter of 2026, resulting in a net income of USD 4.2 billion and a return on equity (ROE) of 22.5% for the first nine months of the year. The Group's financial performance benefited from strong contributions from all Business Units, supported by lower-than-expected natural catastrophe losses and a solid investment result. The Group and all Business Units are well on track towards their 2026 financial targets.
Tech stocks plunged after the US midterms - here’s why | BBC News
Trillions of dollars have been wiped off the stock value of major tech firms in the US, Europe and Asia after the US midterm elections sparked concerns of a slowdown in artificial intelligence (AI) development.
Molecular Partners Presents New Preclinical Data for Next-Generation T Cell Engager MP0632 at SITC 2026
ZURICH-SCHLIEREN, Switzerland and CONCORD, Mass. -- Molecular Partners AG (SIX, NASDAQ: MOLN), a clinical-stage biotech company developing a novel class of medicines known as DARPin therapeutics (“Molecular Partners” or the “Company”), today announced the presentation of new preclinical data supporting an attractive therapeutic window for MP0632, a logic-gated Switch-DARPin T cell engager (TCE) with integrated CD2 co-stimulation, at the Society for Immunotherapy of Cancer (SITC) 2026 conference.
Breakthrough Therapy Designation granted by the FDA for daridorexant in pediatric insomnia disorder
Allschwil, Switzerland – Idorsia Ltd (SIX: IDIA) today announced that the US Food and Drug Administration (FDA) has granted Breakthrough Therapy Designation to daridorexant for the treatment of insomnia disorder in patients 10 to <18 years of age.
BeOne Medicines Announces Third Quarter 2026 Financial Results and Business Updates
SAN CARLOS, Calif.-- BeOne Medicines Ltd. a global oncology company, today announced financial results and corporate updates from the third quarter of 2026.
Kuehne+Nagel appoints new National Managers in Germany, Spain and the United States of America
Schindellegi - Kuehne+Nagel announces three management appointments in key markets. Daniel Randig has been appointed National Manager for the United States of America, effective November 1, 2026. Björn Traemann will become National Manager for Germany and Miguel Germano Cluster Manager for Spain, Portugal and Malta, both effective January 1, 2027.
Rado celebrates 40 Years High-Tech Ceramic
From the very beginning, Rado has been driven by a powerful belief: progress has no limits. Guided by a deep commitment to research and development in both materials and design, the brand has continually challenged the boundaries of what is possible, opening new territories and redefining the future of watchmaking.
Medacta Group SA Updates Guidance for 2026 and Reiterates 2024–2027 Mid-Term Outlook
Medacta Group SA (“Medacta,” SIX: MOVE) today updates its FY 2026 guidance and reaffirms the 2024-2027 mid-term outlook.
SWISS posts a CHF 421 million nine-month operating result
Zurich - SWISS achieved an operating result of CHF 421.4 million for the first nine months of 2026, broadly in line with the prior-year period. Total nine- month operating income amounted to CHF 4.38 billion, up 5.3 percent on its prior-year level. Demand for air travel remained strong, while SWISS’s air cargo business also showed favorable trends. Fuel costs were substantially higher, however, and depressed earnings for the period despite the increased revenue volumes. The continuing high fuel prices also dim the broader outlook for the last quarter of 2026 and the coming year.
Barry Callebaut Group Full-Year Results, Fiscal Year 2025/26
Barry Callebaut closed fiscal year 2025/26 with sales volume of around 2.11 million tonnes. Despite lower revenue and profit, the Group significantly increased free cash flow, reduced debt and advanced its Focus for Growth strategy to support profitable growth.
Trafigura to provide over USD1 billion to support US refineries acquisition by CVR Energy, Inc.
Houston – Trafigura US Holdings, Inc. (“Trafigura”) has signed strategic agreements with CVR Energy, Inc. (“CVR”) to support its intended acquisition of the Mandan refinery in North Dakota and the St. Paul Park refinery in Minnesota from subsidiaries and affiliates of Marathon Petroleum Corporation (“Marathon”). The acquisition was separately announced today by CVR and Marathon.
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