EVANSVILLE, Ind. (WFIE) – Amcor plc and Berry Global Group, Inc. have announced a merger agreement. Officials say they will combine in an all-stock transaction. They say Berry shareholders will receive a fixed exchange ratio of 7.25 Amcor shares for each Berry share held upon closing, resulting in Amcor and Berry shareholders owning approximately 63%...
Category: Bussiness
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Switzerland Faces Trade Tensions: Trump’s Tariff Proposals Stir Concerns | Business
Switzerland expressed concern on Tuesday over U.S. President-elect Donald Trump’s tariff plans, announcing potential countermeasures if his administration implements them. Trump’s strategy aims to escalate trade tensions with a proposed 10% tariff on all imports and even higher taxes on goods from China. The Swiss economy, heavily reliant on exports to the U.S., could...
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Azeri fossil-fuel cash cow brings controversy to Switzerland
Socar has around 200 petrol stations dotted across Switzerland. Keystone / Urs Flueeler Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. Socar, Azerbaijan’s state energy company, is a key source of public funding for the country. It also relies heavily on business in Switzerland, where...
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Climate: 224 Swiss companies announce CO2 reduction targets
224 Swiss companies with CO2 reduction targets Keystone-SDA Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. A total of 224 companies from Switzerland have joined the Science Based Targets initiative (SBTi). In doing so, they are committing to CO2 reduction targets that are in line...
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224 Swiss companies with CO2 reduction targets
In Switzerland, it is mainly large companies that have committed to CO2 reduction targets. (archive picture) Keystone 224 companies from Switzerland have joined the Science Based Targets Initiative (SBTi). In doing so, they are committing themselves to CO2 reduction targets that are in line with the Paris Climate Agreement. The majority of companies with SBTi...
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Swisscom, Ericsson launch private 5G for Swiss companies
Swisscom said that this offering ensures at all times that data-intensive communication is guaranteed independently of mobile robots, digital twins or a connected workforce Swiss telco Swisscom and Swedish vendor Ericsson announced the launch of a fully standalone mobile private network (MPN) offering based on Ericsson’s private 5G network portfolio. In a release, the operator...
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Swisscom, Ericsson launch private 5G for Swiss companies
Swisscom said that this offering ensures at all times that data-intensive communication is guaranteed independently of mobile robots, digital twins or a connected workforce Swiss telco Swisscom and Swedish vendor Ericsson announced the launch of a fully standalone mobile private network (MPN) offering based on Ericsson’s private 5G network portfolio. In a release, the operator...
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Made in Switzerland Laws Reap $1.6 Billion a Year Business Boon
(Bloomberg) — Laws prescribing that only products made in Switzerland can be marketed using Swiss images bring some 1.4 billion francs ($1.6 billion) per year to the country’s companies, a government-sponsored study found. The so-called “Swissness Act” was introduced in 2017 and stipulates certain thresholds to allow the use of the iconic Swiss cross or...
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Facebook and Instagram to Offer Subscription for No Ads in Europe | Meta
Update on November 12, 2024 at 4:30 AM PT: Today, we are announcing important changes to Facebook and Instagram in the EU, including reducing the price of subscription for no ads by 40%. Going forward, people based in the EU will still have the option to choose between subscribing for an ad-free experience or continuing...
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VENDEE GLOBE: ALAN ROURA, HUBLOT AND THE WHOLE OF SWITZERLAND READY TO TAKE ON THE MOST EXTREME SPORTING CHALLENGE! – Thailand Business News
NYON, Switzerland, Nov. 12, 2024 /PRNewswire/ — Pride, joy and determination. These three emotions are in the hearts of Alan Roura and everyone at Hublot as they await the start of the tenth edition of the Vendée Globe in a few days’ time. Together, they are about to take on the world’s most extreme single-handed...
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Switzerland’s cross border workers reach record level
At the beginning of the Covid pandemic there was talk of closing Switzerland’s borders. However, it was clear that Swiss hospitals and businesses near Switzerland’s borders would not function without the workers who cross the border daily to work for them, and the notion was dropped. Statistics published this week by the Federal Statistical Office...
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Switzerland records over 400,000 cross-border commuters
Most cross-border commuters come from France – for example via the border crossing at Thonex-Vallard near Geneva. (archive photo) Keystone The number of cross-border commuters in Switzerland has increased again and reached a new high. Switzerland is experiencing a continuous increase in the number of cross-border commuters. According to the Federal Statistical Office (FSO), around...