Europe Top News and Analysis Switzerland

  • LONDON, Aug 9- Global pressure on health spending is forcing the $1 trillion- a-year pharmaceutical industry to look for new ways to price its products: charging based on how much they improve patients' health, rather than how many pills or vials are sold. In the United States, both parties are promising fresh action on drug prices whoever wins the White House.

  • *STOXX 600 ends slightly higher. LONDON, Aug 8- European stock markets rose on Monday, propped up by gains in the shares of major banks and other financial stocks, while Dutch firm PostNL surged after results. The pan-European STOXX 600 index edged up 0.04 percent, with Germany's DAX, Britain's FTSE and France's CAC all 0.1-0.6 percent higher.

  • LONDON, Aug 8- Stock markets rose on Monday and the dollar extended gains as risk appetite revived following strong U.S. job figures that bolstered expectations of faster growth in the world's biggest economy. The MSCI All-Country World index rose 0.4 percent, while the pan-European STOXX 600 index gained 0.2 percent. European stock markets were supported by a...

  • LONDON, Aug 8- Stock markets rose on Monday and the dollar extended gains as risk appetite revived following strong U.S. job figures that bolstered expectations of faster growth in the world's biggest economy. The MSCI All-Country World index rose 0.4 percent, as did the pan-European STOXX 600 index, supported by a broad equity rally on Friday's payrolls data...

  • LONDON, Aug 8- European stock markets rose on Monday, propped up by gains in the shares of major banks. Airbus shares fell 1.7 percent after Britain's Serious Fraud Office launched a formal investigation into suspected fraud, bribery and corruption in connection with its commercial plane sales. "There's plenty of confidence over in the States, and that's been...

  • Hartree Capital, Viant Commodities, state-owned China aluminum maker Chalco and mid-size Kyen Resources are among firms that have made fresh investments into metals in the past few months, with new hires from commodity trading houses like Swiss-based Gunvor and Noble. They follow in the footseps of Geneva- headquartered Zopco and London- based Concord...

  • *ING shares jump as Q2 results beat forecasts. LONDON/ MILAN, Aug 3 (Reuters)- European shares ended little changed on Wednesday as a rebound by the region's struggling banks and a rally in carmaker Fiat Chrysler helped offset losses among companies that reported poor earnings updates. The index, which slumped in the immediate aftermath of Britain's vote in June to...

  • *ING shares jump as Q2 results beat forecasts. LONDON, Aug 3- European stocks were steady on Wednesday as a rebound in the shares of the region's struggling banks, such as HSBC and ING, offset weaker auto stocks. A lot of companies in Europe are beating estimates, but if you look at the results, most of the companies are not actually growing their sales or profits, "said...

  • NEW YORK/ ZURICH, Aug 2- Swiss digital TV security company Kudelski on Tuesday reached a settlement with Apple Inc, ending a patent dispute in the United States and Europe and removing a threat to Apple's video streaming features in devices sold in Germany. Kudelski's stock traded up 1.5 percent on the Swiss Stock Exchange. Apple was down 1.5 percent in New York...

  • SAO PAULO, July 29- Brazil's former President Luiz Inacio Lula da Silva and the former chief executive of investment bank Grupo BTG Pactual SA will stand trial for obstruction of justice, documents from a federal court in Brasilia showed on Friday. The case dates to last November, when former Senator Delcidio do Amaral and Andre Esteves, the founder and former CEO...

  • SAO PAULO, July 29- Brazil's ex President Luiz Inacio Lula da Silva and the former chief executive of investment bank Grupo BTG Pactual SA will stand trial for obstruction of justice, documents from a federal court in Brasilia showed on Friday. The case dates to last November, when former Senator Delcidio do Amaral and Andre Esteves, the founder and former CEO of...

  • LONDON, July 28- Britain's battered pound looks to be holding its own a month after the shock vote for a Brexit, even as the Bank of England prepares to take UK interest rates below their U.S. equivalents for the first time in a decade. Sterling sank by 14 percent within hours of the decision to quit the European Union in June 23' s referendum and banks were quickly...

  • July 29- Credit Suisse Group AG, which exited its U.S. private wealth business last year, is building out a new investment banking group in the region to serve billionaires. Switzerland's second-biggest bank has hired Charlie Buckley from rival UBS Group AG to work with company founders and entrepreneurs, according to an internal memo reviewed by Reuters on...

  • Japan aims a lot of firepower at keeping its currency weak, but a stronger yen might be just what it really needs, said Saxo Bank's CIO Steen Jakobsen.

  • LONDON, July 28- Sterling fell to a two-week low against the euro on Thursday, 3,000 job cuts at British bank Lloyds adding to signs of a worsening economic outlook as investors bet the Bank of England will cut interest rates next week. Since the 14 percent fall in the pound in the hours after the vote to leave the European Union on June 23, sterling has proved more...

  • LONDON, July 28- AstraZeneca's chief executive believes a rival could spot the growing value of its drug pipeline but declined to say on Thursday if the group was likely to be a takeover target once more, two years after seeing off a bid from Pfizer. Citi analyst Andrew Baum suggested in a note this week that AstraZeneca's biotech expertise and advanced...

  • ZURICH/ BRUSSELS, July 28- European Commission President Jean-Claude Juncker has let negotiators pursue a deal on curbing an influx of foreigners to Switzerland, diplomats said, keeping alive Swiss hopes of avoiding a rupture with its most important trading partner. The talks are crucial for Switzerland, which has threatened to impose unilateral curbs on...

  • ZURICH, July 27- Swiss private bank EFG International is on track to complete a planned takeover of embattled wealth manager BSI in the fourth quarter, it said on Wednesday after posting a 53.5 percent drop in first-half net profit. Zurich- based EFG agreed in February to buy Grupo BTG Pactual SA's Swiss private banking unit BSI as it aims to become one of...

  • VIENTIANE/ GENEVA, July 26- The United States said on Tuesday it hoped to announce in early August details of planned military cooperation and intelligence sharing with Russia on Syria, and a United Nations envoy said he would also aim to resume peace talks next month. Secretary of State John Kerry said Washington and Moscow, which support opposing sides in...

  • VIENTIANE/ GENEVA, July 26- The United States said on Tuesday it hoped to announce in early August details of planned military cooperation and intelligence sharing with Russia on Syria, and a U.N. envoy said he would also aim to resume peace talks next month. Secretary of State John Kerry said Washington and Moscow, who support opposing sides in Syria's...