Edition:
United States

John Revill

Siemens forecasts modest sales growth as speeds up cost cuts

6:22am EDT

ZURICH Siemens expects a "modest" improvement in orders and revenue in the months ahead, as the German engineering group tackles the coronavirus downturn by speeding up cost savings.

Siemens beats forecasts for industrial profit

1:00am EDT

ZURICH, Aug 6 Siemens posted better-than-expected industrial profit for its third quarter as the German engineering group weathered the effects of the coronavirus pandemic.

Swiss manufacturing rebounding from slump: PMI data

Aug 03 2020

ZURICH Switzerland's manufacturing sector has started to overcome the problems triggered by the coronavirus shutdown, data published on Monday showed, although the road ahead will be tough.

Swiss mountains light up in a national day celebration to suit COVID-19 era

Aug 01 2020

EVOLENE, Switzerland A section of the Alps turned amber on Friday night in a massive pyrotechnic display as Switzerland marked its national day with an event suited to COVID-19 and social distancing rules.

Swiss National Bank swings to profit in second quarter

Jul 31 2020

ZURICH The Swiss National Bank posted a second-quarter profit of 39 billion Swiss francs (32.76 billion pounds), it said on Friday, as a stock market rally boosted the value of its foreign currency investments.

UPDATE 2-Swiss National Bank swings to profit in second quarter

Jul 31 2020

* Volatile financial markets affect bottom line (Adds analyst comment, background)

Roche bid to retool arthritis drug for COVID-19 fails

Jul 30 2020

(This July 29 story corrects number of people in trial to 452 in paragraph two)

Cement giant LafargeHolcim says it has weathered coronavirus 'tsunami'

Jul 30 2020

ZURICH LafargeHolcim said it had weathered the "tsunami" of the coronavirus crisis battering the construction industry after a tough second quarter marked by falling sales and profit.

UPDATE 2-Cement giant LafargeHolcim says it has weathered coronavirus 'tsunami'

Jul 30 2020

* CEO does not think a second virus wave will derail recovery

Swiss attorney general offers to quit after court rebuke over FIFA meeting

Jul 24 2020

ZURICH Swiss Attorney General Michael Lauber offered to resign on Friday after a court concluded he covered up a meeting with FIFA head Gianni Infantino and lied to supervisors while his office investigated corruption surrounding soccer's governing body.

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