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VIDEO: Swiss franc soars as euro cap ends

2015-01-16 12:23:33| BBC News | Business | UK Edition

The Swiss franc soars as much as 40% in chaotic trade after the Swiss Central Bank abandon the cap on the currency's value against the euro.

Tags: video euro ends cap

 

Wall Street drops after Swiss move; banks tumble

2015-01-15 18:29:20| Paper - Topix.net

US stocks fell, erasing small gains at the open today, as investors grappled with a move by the Swiss National Bank to scrap its three-year euro cap on the franc. Trading was likely to remain volatile through the session, on the heels of choppy premarket action that saw futures fluctuate between gains and losses, after the SNB said it would discontinue the cap it introduced on September 6, 2011 to fight recession and deflation threats.

Tags: street move wall banks

 
 

Germany's Knorr-Bremse acquires Swiss train control management firm Selectron Systems

2015-01-12 01:00:00| Railway Technology

Germany-based braking system manufacturer Knorr-Bremse has signed an agreement to acquire train control management specialist Selectron Systems of Lyss, Switzerland.

Tags: control management systems firm

 

Halted Swiss study of Canadian Ebola vaccine resumes with lower dose

2015-01-07 02:40:03| Biotech - Topix.net

A trial in Switzerland of a Canadian-made Ebola vaccine resumed this week after being suspended over concerns about an unexpected side-effect reported by some volunteers. And while the Geneva-based trial of the rVSV-ZEBOV got back on track, researchers at Oxford University began testing another Ebola vaccine, made by the Janssen Pharmaceutical Companies of Johnson & Johnson.

Tags: study lower canadian swiss

 

Pfizer acquires Swiss vaccine developer

2015-01-05 19:27:20| Biotech - Topix.net

As part of an ongoing effort to expand its vaccine business, Pfizer Inc. announced Monday that it has acquired a controlling interest in Redvax GmbH. The deal gives Pfizer access to Redvax's human cytomegalovirus vaccine candidate in preclinical testing, along with the company's intellectual property and a technology platform related to a second, undisclosed vaccine program.

Tags: developer swiss vaccine acquires

 

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