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Bill piles up for Swiss defence contractor fraud probe
2025-09-06
The costs of an investigation into Swiss state-owned defense company Ruag over dubious tank have reached a “double-digit million sum”, according to the company’s chair. +Get the most important news from Switzerland in your inbox In February, new reports from the Federal Audit Office revealed the extent of irregularities at RUAG in which alleged cases …
Several people in custody after Swiss national kidnapped in France
2025-09-04
Seven people are in French police custody on Thursday as authorities investigate the kidnapping and illegal detention of a young Swiss man, who was freed on Sunday in Valence during a police operation. The case is believed to be linked to cryptocurrencies. +Get the most important news from Switzerland in your inbox The suspects are …
Duck toilet cleaner gets its own Swiss stamp
2025-09-04
Swiss Post has launched a stamp featuring an image of the Duck toilet cleaning dispenser, as part of a series honouring Swiss inventiveness. When rubbed with fingers, the stamp emits the citrus cleaning scent associated with the product. +Get the most important news from Switzerland in your inbox The toilet cleaning bottle with a curved …
Swiss and German leaders discuss European security and tariffs pressure
2025-09-02
Swiss President Karin Keller-Sutter met German Chancellor Friedrich Merz in Berlin on Tuesday. The two leaders discussed the commitment of their two countries to security in Europe and the consequences of US tariffs. +Get the most important news from Switzerland in your inbox Keller-Sutter and Merz also discussed the ongoing war in Ukraine, according to …
UBS charges pension funds to hold their liquid assets
2025-09-01
Pension funds are complaining about ‘negative interest’ charges for holding liquid assets in accounts at Switzerland’s largest bank UBS. +Get the most important news from Switzerland in your inbox UBS’s letter is quite significant. At the end of June, the bank informed its institutional clients – primarily pension funds and insurance companies – in writing …
Barry Callebaut sells less chocolate than expected
2025-07-10
Swiss chocolate producer Barry Callebaut was hit hard by high cocoa prices in the first nine months of its fiscal year. +Get the most important news from Switzerland in your inbox The world’s largest chocolate company generated more income than in the same period of the previous year despite selling less chocolate. The company broke …
Swiss inaction threatens global antibiotic development push
2025-07-08
Switzerland is a major hub for pharmaceutical companies, but it has done little to encourage the development of new antibiotics – a shortfall that could have serious consequences at home and abroad. Global health experts have long warned that resistance to antimicrobials, including antibiotics, is a slow-moving crisis with deadly consequences. In 2019, antimicrobial resistance …
Swiss face “difficult” pharma negotiations with Mercosur
2025-07-04
Work still needs to be done on pharmaceutical products as part of the free trade agreement signed with Mercosur, said Swiss Economics Minister Guy Parmelin. +Get the most important news from Switzerland in your inbox However, Parmelin added that the outcome of the negotiations was very good. “The negotiations were difficult right up to the …
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