AGP Executive Report
Last update: 2 hours agoCorporate Results: Nestlé’s third-quarter organic sales rose 4%, beating forecasts, and the group kept its 2026 growth outlook. Russia’s seizure of its local assets will weigh on reported results from the fourth quarter and raise year-end net debt by about CHF900 million. Swiss Biotech: Zug-based Oculis reported Phase 2 biomarker results supporting its experimental optic-neuritis treatment, while Schlieren-based Molecular Partners selected a new cancer drug candidate, with human trials expected in 2027. Banking: UBS is weighing options abroad if tighter Swiss capital rules prove too burdensome, renewing debate over the bank’s future headquarters. Privacy and Technology: Proton says a proposed Canadian lawful-access bill would make expansion there impossible, highlighting how surveillance rules could shape the Swiss tech company’s growth. Diplomacy: Kyrgyzstan’s parliamentary speaker met Swiss National Council President Pierre-André Page, inviting Swiss investment and discussing cooperation in energy, health, education and finance.
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