European stocks rose, rebounding from a three-week low, as companies from Tesco Plc to Syngenta AG reported financial results and as investors awaited American housing and industrial data. U.S. index futures and Asian shares also climbed.
Syngenta AG, the world’s largest maker of crop chemicals, said profitability may increase this year as the company raises prices to offset emerging-market currencies’ drop against the dollar.
Roche Holding AG’s sales of breast- cancer medicines grew 17 percent in the first quarter as new drugs beat analysts’ estimates, eclipsing a decline in overall revenue.
Swiss banks seeking to compensate for the loss of financial secrecy by setting up operations abroad risk eroding the multinational appeal they enjoy at home, Banque Syz & Co. SA said.
UBS AG failed to properly disclose risks it took with Swatch Group AG’s funds and should be held responsible for the losses that followed, the watchmaker argued in a Swiss court.
Rolex will make its third change in top leadership since 2008, naming Jean-Frederic Dufour to become chief executive officer of the 109-year-old maker of Swiss timepieces.
Credit Suisse Group AG Chief Executive Officer Brady Dougan could take a lesson from Zurich neighbor UBS AG as he seeks to boost his company’s stock: scale down the investment bank.
Bravofly Rumbo Group shares fell on the initial trading debut of the Swiss travel booking company after the stock was sold in the top half of the price range.
Nestle SA, the world’s largest food company, reported its worst first-quarter sales growth since 2009 on pricing pressure in Europe and decelerating conditions in emerging markets.
European stocks pared earlier losses and rebounded from their worst week in a month, led by a rally in miners, while investors weighed violence in Ukraine.
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