Cartier owner Richemont said weaker consumer spending in China hurt sales, particularly at its watch brands, as a luxury downturn that is hurting most players in the industry rumbles on.
Swiss Re shares rose after it strengthened its U.S. liability reserve and removed investor doubts about the adequacy of its reserve levels. In morning trade in Europe shares were up 6.6% at 119.25 ...
Adecco Group shares fell to a 28-year low after the Swiss staffing company reported third-quarter results that came in below analysts' expectations. Shares in Adecco dropped 7% to 25.10 Swiss francs ...