Bloomberg The Swiss government may provide additional economic support on top of its $10 billion Covid-19 aid package if the crisis worsens, Switzerland’s President Simonetta Sommaruga said in an interview with SonntagsZeitung. “Switzerland is a rich country,” she told the newspaper. “We don’t let people down.” Sommaruga’s comments come two days after Swiss government unveiled an emergency economic package of ...

Bloomberg German chip maker Infineon Technologies AG agreed to national security concessions to resolve US concerns about its takeover of Cypress Semiconductor Corp. The $8.7 billion deal was facing resistance from a secretive government panel that reviews foreign investments in US companies, but was ultimately cleared with agreed-upon measures that are intended to protect national security. The work of the ...

Bloomberg It’s truly the end of the old Microsoft Corp. Co-founder and original Chief Executive Officer Bill Gates, the man most closely identified with the world’s largest software maker, said he will leave the company’s board to devote more time to his charitable foundation, which is playing a key role in global health initiatives and expanding into new areas like ...