AGP Executive Report
Last update: 12 hours agoIPO Watch: Swiss dental startup vVardis is targeting a valuation of up to $4.4 billion in a US IPO. ABB Deal: China has blocked SoftBank’s proposed $5.4 billion purchase of ABB’s robotics business, putting the deal in doubt. Healthcare: Novartis says nine children treated with its gene therapy Zolgensma developed tumours; US regulators are investigating a possible risk. Swiss Economy: Consumer confidence has fallen to its weakest level since November 2023, while Geneva unemployment has risen. October inflation reached 1.5%, its highest since December 2023. Insurance: Swiss Re reported a 3% rise in nine-month net income to $4.2 billion.
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.
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