Chanel buys minority stake in cutting-edge Swiss watchmaker MB&F
Chanel is buying a minority stake in Swiss watch brand MB&F in a deal that will give the independent watchmaker ...
Tag: Swiss
L’Oreal to acquire 10% stake in Swiss skin care company Galderma
L’OREAL will acquire a 10 per cent stake in Swiss skin care firm Galderma from a group of major shareholders, ...
Commodity currencies struggle, carry trade churn helps yen, Swiss franc
COMMODITY currencies slid to multi-week lows on Wednesday (Jul 24) on weakening raw material prices, with the heaviest selling against ...
Swiss watch exports fall as Chinese demand drops further
SWISS watch exports fell sharply in June after a significant slowdown in demand for premium and luxury timepieces in China ...
Swiss luxury watch market succumbs to a brutal China-led slump
SALES of Swiss-made luxury watches are in sharp retreat as nervous consumers reconsider splashing out on expensive timepieces and demand ...
UBS completes merger of Swiss business with Credit Suisse
UBS has already begun to move over clients from Credit Suisse in Hong Kong and SingaporeSwiss bank UBS has completed ...
LVMH snaps up luxury Swiss clock maker L’Epee 1839
LVMH, the world’s largest luxury group, has acquired Switzerland-based speciality clock maker L’Epee 1839, boosting its expertise in high-end watch ...
Europe: Shares rise after Swiss rate cut, Bank of England decision
EUROPEAN shares advanced on Thursday with broad-based gains as markets tracked a global upbeat sentiment, while shares of British, Swiss ...
Dollar rises, pound, Swiss franc drop on busy central bank day
The dollar climbed on Thursday (Jun 20), while the Swiss franc and the pound dropped as a busy day of ...
Swiss financial regulations not yet tough enough post-Credit Suisse, central bank says
SWITZERLAND’S financial regulations need further strengthening following the takeover of Credit Suisse by UBS, the Swiss National Bank (SNB) said ...
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