United States

Michael Shields

Engineers develop cheap, simple tests for car emissions

Mar 15 2019

DUEBENDORF, Switzerland Engineers working to tackle carcinogenic pollution from cars have developed cheap and simple devices to test the effectiveness of particle filters, which could help take toxic vehicles off roads without resorting to blanket bans.

UPDATE 2-GAM expects another challenging year, sacks suspended director

Feb 21 2019

* Shares fall more than 8 pct before paring losses (Adds comments from call, market reaction)

GAM expects 'challenging' 2019, sacks suspended director

Feb 21 2019

ZURICH Assets under management at GAM Holding AG continued to fall at the end of last year, the Swiss group said on Thursday as it forecast a "challenging" 2019 ahead.

Swiss voters reject plan to curb urban sprawl

Feb 11 2019

ZURICH Swiss voters rejected on Sunday a proposal to limit urban sprawl by freezing the size of construction zones, rebuffing a plea from environmentalists to protect open spaces from the advance of bulldozers.

Zurich Insurance sets higher dividend floor after strong profits

Feb 07 2019

ZURICH Zurich Insurance announced a dividend increase on Thursday following a 24 percent jump in annual profit, and said that would set a floor for future payouts.

UPDATE 2-Zurich Insurance sets higher dividend floor after strong profits

Feb 07 2019

* Shares rise in early trade (Adds details, comments from conference call)

Weak iPhone demand prompts AMS to suspend dividend, avoid full-year outlook

Feb 05 2019

VIENNA/ZURICH AMS, which supplies Apple with sensors for its Face ID technology, disappointed investors with a 58 percent decline in fourth quarter core profit, its guidance and the suspension of a dividend payment for 2018.

Kuehne & Nagel leaves Panalpina bid to DSV

Jan 24 2019

ZURICH Kuehne und Nagel International AG is not seeking a mega-merger with Panalpina , the target of a $4 billion-plus approach from Denmark's DSV , majority shareholder Klaus-Michael Kuehne told the Handelszeitung paper.

Embattled asset manager GAM warns on profit, cuts staff, dividend

Dec 13 2018

ZURICH/LONDON GAM Holding AG said it would cut 10 percent of its staff and ditch its dividend as it warned it would slide to a net loss this year, sending shares in the Swiss asset manager down 30 percent.

Swiss risk EU anger after dodging EU treaty deadline

Dec 07 2018

ZURICH/BRUSSELS The Swiss government will consult domestic power brokers on a draft treaty setting out ties with the European Union, it said on Friday, ignoring an ultimatum from Switzerland's biggest trading partner to sign off now or face punishment.

World News