ZURICH Geberit said it still expects the construction market to remain tough for the rest of the year after the plumbing supplies company posted a 1.3% fall in sales during its second quarter.
ZURICH, Aug 15 Geberit said it still
expects the construction market to remain tough for the rest of
the year after the plumbing supplies company posted a 1.3% fall
in sales during its second quarter.
ZURICH ABB shares jumped more than 4% on Monday as investors welcomed news the Swiss engineering group had poached Bjorn Rosengren from Swedish mining equipment firm Sandvik to be its next chief executive.
ZURICH Britain's messy and prolonged divorce from the European Union is weighing on hiring sentiment in the country due to uncertainty about whether it will leave the bloc with a deal, temporary staffing company Adecco Group said on Thursday.
ZURICH, Aug 5 The Swiss National Bank appeared
to be buying foreign currency again last week as escalating
trade tensions pushed the value of the safe-haven Swiss franc
higher against the euro.
MUNICH, Germany Siemens said on Thursday deteriorating demand from automotive and machine building firms hit its third-quarter profit, becoming the latest industrial company to warn about a weaker environment hitting its business.
ZURICH LafargeHolcim , the world's largest cement maker, said on Wednesday it had a strong order book going into the second half after it doubled first-half net profit on solid demand, rising margins and cost reductions.
* SNB makes 38.5 billion Swiss franc profit during first
ZURICH The Swiss National Bank looks to have kick-started its forex purchases again -- firing a warning shot to investors who have bought the safe-haven currency and pushed it to two-year highs against the euro.
ZURICH Novartis's heart failure drug Entresto failed a trial in a new use, the Swiss drugmaker said on Monday, calling into question billions of dollars in potential revenue and taking the shine off one of the company's biggest growth prospects.