AGP Executive Report
Last update: 11 hours agoTelecoms: Switzerland’s Federal Administrative Court overturned Swisscom’s CHF18 million fibre-optic fine, ruling the company did not hold a dominant market position; the decision can still be appealed. Markets: Glencore began trading on Australia’s ASX through a secondary listing, aiming to broaden its investor base and strengthen its presence in a key market. Business: Swiss skincare group Galderma agreed to buy US brand ZO Skin Health for $1.5 billion in cash, with the deal expected to close by early 2027. Referendums: An early poll suggests voters oppose three of four proposals, including a VAT increase to fund the 13th monthly pension payment; a fireworks restriction is the lone measure with broad support. Trade: Switzerland’s Guy Parmelin is due in Hanoi for Sunday’s signing of an EFTA-Vietnam free trade deal, ending negotiations that began in 2012.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.