Latest Zurich News
Warren Buffett's Berkshire Hathaway reveals new $7 billion stake in Swiss insurer Chubb
OMAHA, Neb. (AP) — Warren Buffett's Berkshire Hathaway on Wednesday revealed a new $7 billion stake in fellow insurer Chubb. Berkshire disclosed the investment it has been building over the past nine months in a quarterly filing with the Securities and Exchange Commission....
On Holding: Q1 Earnings Snapshot
ZURICH (AP) — ZURICH (AP) — On Holding AG (ONON) on Tuesday reported first-quarter profit of $104.6 million. On a per-share basis, the Zurich-based company said it had net income of 32 cents. Earnings, adjusted for stock option expense, came to 38 cents per share. ...
Zurich presents counterrevolutionary staging of Wagner's Ring Cycle under Noseda and Homoki
ZURICH (AP) — In an age of radical reinterpretations, conductor Gianandrea Noseda and director Andreas Homoki created a counterrevolutionary version of Wagner’s four-night, 15-hour Ring Cycle that sparked 13 minutes of applause at the Zurich Opera House. Noseda, conducting...
UBS: Q1 Earnings Snapshot
ZURICH (AP) — ZURICH (AP) — UBS AG (UBS) on Tuesday reported net income of $1.76 billion in its first quarter. The bank, based in Zurich, said it had earnings of 52 cents per share. The bank posted revenue of $20.88 billion in the period. Its revenue net of...
Chubb: Q1 Earnings Snapshot
ZURICH (AP) — ZURICH (AP) — Chubb Corp. (CB) on Tuesday reported first-quarter net income of $2.14 billion. The Zurich-based company said it had net income of $5.23 per share. Earnings, adjusted for non-recurring costs, came to $5.41 per share. The results beat...
Prominent European far-right figure prevented from speaking at an event in Switzerland
BERLIN (AP) — A prominent European far-right figure was prevented from giving a speech at an event in Switzerland and thrown out of the region where it was taking place. Martin Sellner of the Identitarian Movement said in a video posted on social media network X that he had been...
On Holding: Q4 Earnings Snapshot
ZURICH (AP) — ZURICH (AP) — On Holding AG (ONON) on Tuesday reported a loss of $30.3 million in its fourth quarter. On a per-share basis, the Zurich-based company said it had a loss of 9 cents. Losses, adjusted for stock option expense, came to 6 cents per share. ...
Pritzker Prize goes to Japanese architect who values community in spaces both public and private
The Pritzker Architecture Prize has been awarded to Japan’s Riken Yamamoto, who earns the field’s highest honor for what organizers called a long career focused on “multiplying opportunities for people to meet spontaneously, through precise, rational design strategies.” ...
Teen suspect in stabbing of Jewish man in Zurich expressed solidarity with Islamic State group
GENEVA (AP) — Swiss police say the 15-year-old suspect in the stabbing of an Orthodox Jewish man in Zurich over the weekend had appeared in a video expressing solidarity with the banned Islamic State group, and called himself a “soldier” in its self-described caliphate. Zurich...
Swiss teenager arrested on suspicion of stabbing an Orthodox Jewish man on a Zurich street
WARSAW, Poland (AP) — A teenager has been arrested on suspicion of stabbing and critically wounding an Orthodox Jewish man on the streets of Zurich, Swiss police said Sunday. Zurich police said in a statement that they suspect antisemitism as the motive in the stabbing attack that...
