Latest Zurich News
Explosions in a Swiss garage have left 2 people dead and 11 injured
BERLIN (AP) — Two people have been found dead after explosions in an underground parking garage at an apartment building in northern Switzerland and 11 others sustained minor injuries, authorities said Friday. Swiss media reported that the explosions created a large cloud of smoke...
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...