Swiss Business News and Press Releases
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EvoNext Holdings SA and Ascend Sport Technology AG sign merger agreement
Reinach / Lucerne – Following the announcement of a transaction agreement on 12 October 2026 EvoNext Holdings SA ("EvoNext", SIX: EVE), a Swiss listed holding company, and Ascend Sport Technology AG ("Ascend"), a Swiss sports technology holding company, today announce the signing of the merger agreement. Subject to the approval of both companies' general meetings, the statutory merger will lead to the formation of a listed Swiss sports technology company to operate under the name of Ascend Sport Technology AG and remain listed on the SIX Swiss Exchange.
Russia and Ukraine say emergency alert apps hit by cyber-attacks | BBC News
Ukraine and Russia are reporting cyber-attacks on their emergency alert apps, with fake warnings sent to users around the countries.
SKAN achieves double-digit growth in order intake and net sales in the first half of the year and confirms guidance for
SKAN achieves double-digit growth in order intake and net sales in the first half of the year and confirms guidance for the full year.
CHF stablecoin: Switzerland must create the right conditions now
Zurich - The digitalisation of financial markets is progressing rapidly. While the US and the EU have already established clear regulatory frameworks for stablecoins, Switzerland faces a key decision with the forthcoming revision of the Financial Institutions Act (FinIA). In an in-depth study published today, the Swiss Bankers Association (SBA) analyses the opportunities and risks of a CHF stablecoin from Switzerland for the Swiss financial centre and sets out solutions for its design.
Follow-up order from Finland: Stadler to deliver 21 additional FLIRT trains
Bussnang - RailStock Finland Oy has exercised an option for 21 additional Stadler FLIRT electric trains, known locally in Finland as Sm7. The new vehicles will expand the Stadler-fleet operated in the state-subsidized passenger rail services to a total of 41 units. The trains are particularly energy-efficient and have been specially designed to cope with the harsh climatic conditions in Finland.
Syngenta Group Reports 9M 2026 Results With Higher Profitability
Basel, Switzerland / Shanghai, China - Syngenta Group, the world’s largest agricultural technology company by revenue1, reported its financial results for the first nine months and third quarter of 2026, delivering slightly higher EBITDA and improved margins despite lower sales, as the Group continued to execute its strategy of active portfolio management to focus on higher-margin businesses. The Group’s strategic focus on innovation and AI leadership, together with disciplined cost management, continued to support margin growth.
Zurich named highest new entrant in Interbrand’s Best Global Brands 2026
Zurich has been named #58 in Interbrand’s Best Global Brands 2026, making it the highest new entrant to this year’s Top 100, with a brand value of USD 15 billion and ranking ninth among financial brands globally.
Glencore: Third Quarter 2026 Production Report
Baar, Switzerland - Glencore delivered a strong third quarter, with higher copper, nickel and coal production and a 29% quarter-on-quarter increase in ferrochrome output. The company maintained its 2026 production guidance and expects Marketing Adjusted EBIT to exceed $5 billion.
Avolta delivers accelerating quarterly growth and margin progression in Q3
Avolta AG (SIX: AVOL) reported an encouragingly resilient 9M 2026 with IFRS turnover of CHF 10,663m and operating profit of CHF 882m. Organic growth accelerated in Q3, while profitability continued to increase as major new operations ramped up and commercial initiatives gained traction. Avolta confirms its medium-term outlook.
Sascha Gruber appointed Chief Executive Officer of LGT Capital Partners
Pfaeffikon - As part of its long-term succession planning, LGT Capital Partners today announced that Sascha Gruber will succeed Roberto Paganoni as Chief Executive Officer on 1 January 2027, subject to regulatory approval. Roberto Paganoni, who has led the firm since its establishment in 1998, will become a member of LGT Capital Partners’ Group Holding Board.
Setting the course to improve service quality
The Cantonal Governments of Basel-Stadt and Basel-Landschaft, as well as the French civil aviation authority (DGAC), have approved the landside extension of EuroAirport’s terminal, with construction investments totalling just over 157 million euros. This marks an important step toward the implementation of this key modernisation project. The terminal extension is the flagship project of a multi-year investment program through which EuroAirport intends to sustainably improve service quality. Construction is scheduled to start in the third quarter of 2027 and is expected to be completed toward the end of 2031. The project will be fully funded by EuroAirport.
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