In the face of a global food crisis, Erik Fyrwald, the boss of chemicals giant Syngenta, has called for the world to abandon organic farming, reported RTS. The pandemic, extreme weather and the war in Ukraine have pushed the prices of some foods up significantly. Africa and southeast Asia are the regions most exposed to […]
Syngenta slumps on concern of protracted ChemChina EU review
Brought to you by Investec Switzerland. Syngenta AG shares tumbled on concern that China National Chemical Corp.’s $43 billion takeover of the Swiss herbicide and pesticide maker risks regulatory delays in the European Union. ChemChina didn’t submit so-called remedies in the EU’s early-stage review of the deal by the Oct. 21 deadline, the European Commission’s […]
Syngenta CEO appoints new finance chief ahead of China takeover
Brought to you by Investec Switzerland. Syngenta AG Chief Executive Officer Erik Fyrwald appointed a new head of finance as he works to complete a new strategic plan for the world’s largest agrochemical company, soon to be acquired by state-owned China National Chemical Corp. for $43 billion. Mark Patrick, who has been with the company […]
SMI underperforms, Geneva bank jobs slump, Nestlé forecast cut, Syngenta steady
16 October 2015 – Weekly Swiss and global market roundup. Brought to you by Investec Switzerland. Swiss financial market news The Swiss Market Index suffered minor losses towards the end of this week, modestly underperforming global stocks as investors moved into more cyclical, US and emerging markets equities. A Federal Reserve report released this week […]
Swiss company news
4 September 2015 Brought to you by Investec Switzerland. Lindt & Spruengli CEO hungry for takeovers Lindt & Spruengli AG is seeking more acquisitions after buying Russell Stover Candies Inc., and the Swiss maker of premium chocolates is taking advantage of plummeting currencies to expand in Brazil and Russia. Future deals will be smaller than […]
