AGP Executive Report
Last update: 3 hours agoEnergy Infrastructure: Switzerland plans to require energy companies to protect critical sites from sabotage and drone attacks, while Swissgrid says the electricity network needs an overhaul. On’s China Push: The Swiss sportswear maker raised its 2026 gross-margin outlook after strong third-quarter sales, but kept its revenue forecast unchanged as it responds to backlash over ambassador Kylian Mbappé’s comments in China. ABB Expansion: ABB plans to grow its research and manufacturing footprint in China, targeting demand for energy-efficient motors and cooling systems as data centres expand. Insurance and Investment: Swiss Re lifted nine-month profit 3% to $4.2 billion, while Zurich-based redalpine closed an oversubscribed $250 million fund for early-stage software and science companies. Swiss IPO: Zug-based dental startup vVardis plans to raise up to $229 million in a US listing.
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