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Roche buys US firm 89bio for up to $3.5 billion
2025-09-18
Swiss pharma giant Roche is acquiring the California-based liver and cardiovascular disorders specialist 89bio for an initial sum of $2.4 billion (CHF1.9 billion). The Basel-based pharmaceutical giant expects to make additional payments of up to $1.1 billion. +Get the most important news from Switzerland in your inbox In particular, the deal enables the Basel-based multinational …
Swatch CEO on tariffs: ‘whole world saw Switzerland panic’
2025-09-15
Swatch CEO Nick Hayek accuses the Swiss federal government of a lack of leadership in the tariff dispute with the United States. +Get the most important news from Switzerland in your inbox Switzerland showed signs of weakness and panicked before the eyes of the whole planet, he says: in his opinion, the government should have …
Swiss watchmaking industry grapples with spike in US trade tariffs
2025-09-12
The 39% tariffs on Swiss exports to the United States, introduced in August, are a heavy blow for Swiss watchmakers. Industry journalist Alexey Tarkhanov went to the Geneva Watch Days trade fair to get a feel for the mood. The announcement had already cast a shadow over Swiss National Day, August 1. One month later, …
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