Latest Zurich News

Engine troubles for airline Cathay Pacific force the cancellation of dozens of flights this week

Sep. 03, 2024 14:14 PM EDT

Cathay Pacific has cancelled dozens of flights this week after an engine issue forced a Zurich-bound flight to return to an airport in Hong Kong, according to media reports. Cathay Pacific, based in Hong Kong, has scratched nearly 70 flights since Monday, the BBC reported. ...

UBS: Q2 Earnings Snapshot

Aug. 14, 2024 05:04 AM EDT

ZURICH (AP) — ZURICH (AP) — UBS AG (UBS) on Wednesday reported net income of $1.14 billion in its second quarter. The bank, based in Zurich, said it had earnings of 34 cents per share. The bank posted revenue of $19.69 billion in the period. Its revenue net of...

On Holding: Q2 Earnings Snapshot

Aug. 13, 2024 05:18 AM EDT

ZURICH (AP) — ZURICH (AP) — On Holding AG (ONON) on Tuesday reported second-quarter profit of $34.1 million. On a per-share basis, the Zurich-based company said it had profit of 10 cents. Earnings, adjusted for stock option expense, were 16 cents per share. The...

Chubb: Q2 Earnings Snapshot

Jul. 23, 2024 16:38 PM EDT

ZURICH (AP) — ZURICH (AP) — Chubb Corp. (CB) on Tuesday reported second-quarter net income of $2.23 billion. The Zurich-based company said it had profit of $5.46 per share. Earnings, adjusted for non-recurring gains, were $5.38 per share. The results exceeded Wall...

ABB: Q2 Earnings Snapshot

Jul. 18, 2024 05:14 AM EDT

ZURICH (AP) — ZURICH (AP) — ABB Ltd. (ABBNY) on Thursday reported second-quarter earnings of $1.1 billion. The Zurich-based company said it had profit of 59 cents per share. The industrial automation company posted revenue of $8.24 billion in the period. ...