Geneva - Lindt & Spruengli, the Swiss chocolate manufacturer, said Tuesday it would not meet profit and growth targets this year due to the global economic downturn.
In a statement the company said "2009 is set to be a year of transition, in which long-term growth and earning targets will not be attained."
Zurich - The Swiss pharmaceutical company Roche would acquire German cell analysis firm Innovatis for 15 million euros, the two companies announced Monday.
"This acquisition is a further step in our strategy to strengthen our position as a complete solution provider in the cell analysis research market," Jurgen Schwiezer, from Roche's diagnostics division, said in a statement.
Nyon, Switzerland - European football boss Michel Platini said that the utmost will be done not to make Liverpool play a Champions League match on the 20th anniversary of the Hillsborough tragedy.
Platini said in a UEFA statement issued on Monday that he sympathises with Liverpool and that UEFA will take the April 15, 1989, tragedy into account when the dates for the quarter-final pairings are decided.
Basel, Switzerland - The Swiss Bankers Association said Friday that it supported Bern's decision to offer better international cooperation on tax offences.
"The SBA now expects an end to all improper international criticism of Switzerland and its legal system and also an end to threats to put Switzerland on a so-called 'black list'," the group said in a statement.
Zurich - Swiss Re said Friday it had finalized a deal to sell Berkshire Hathaway convertible bonds worth 3 billion francs (2.51 billion dollars), but that it had left open the option to buy back the paper should it be able to raise the needed funds.
Swiss Re announced net losses in 2008 of 864 million francs and incurred 5.9 billion francs in write downs on assets, following the financial crisis.
Geneva - Lindt & Spruengli, the Swiss chocolate manufacturer, said Tuesday it would not meet profit and growth targets this year due to the global economic downturn.
Zurich - The Swiss pharmaceutical company Roche would acquire German cell analysis firm Innovatis for 15 million euros, the two companies announced Monday.
Nyon, Switzerland - European football boss Michel Platini said that the utmost will be done not to make Liverpool play a Champions League match on the 20th anniversary of the Hillsborough tragedy.
Geneva - The oil ministers of Saudi Arabia and Iran said Monday their target goal for the price of oil was between 60 to 75 dollars a barrel.
Basel, Switzerland - The Swiss Bankers Association said Friday that it supported Bern's decision to offer better international cooperation on tax offences.
Zurich - Swiss Re said Friday it had finalized a deal to sell Berkshire Hathaway convertible bonds worth 3 billion francs (2.51 billion dollars), but that it had left open the option to buy back the paper should it be able to raise the needed funds.
