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Switzerland Market Report Headlines

Nestle exec Cantarell quits after 40 years, sparking reshuffle

ZURICH, Sept 26 Luis Cantarell, who heads Nestle's Europe, Middle East and North Africa zone and has been an advocate of blurring the lines between food and pharmaceuticals, is stepping down after 40 years, the Swiss company said on Monday.

EU mergers and takeovers (Sept 26)

BRUSSELS, Sept 26 The following are mergers under review by the European Commission and a brief guide to the EU merger process:

Investors welcome signals Siemens CEO will stay on

FRANKFURT, Sept 26 Siemens Chief Executive Joe Kaeser has signaled he wants to renew his contract when it runs out in 2018, a move welcomed by investors who have grown to trust the 59-year-old company veteran.

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Senate sets Wednesday vote on Obama veto of Saudi September 11 bill

WASHINGTON The U.S. Senate will vote on Wednesday on whether to override President Barack Obama's veto of a bill allowing relatives of victims in the Sept. 11 attacks to sue Saudi Arabia, Senate Republican leader Mitch McConnell said.