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Swiss central bank invests in controversial companies
2025-09-10
The Swiss National Bank (SNB) is investing money in nine companies that are facing sharp international criticism for their military cooperation with Israel. At the same time, the SNB emphasises ethical principles. How does this fit together? +Get the most important news from Switzerland in your inbox Caterpillar is one of the nine companies. The …
Swiss inflation stays steady in face of US tariffs
2025-09-05
Swiss inflation stayed positive for a third consecutive month, offering reassurance to policymakers as they also evaluate if the economy can weather a jump in United States tariffs. +Get the most important news from Switzerland in your inbox Consumer prices rose 0.2% from a year ago in August, matching the increase of the previous month, …
Vitol: the secretive trading giant minting fortunes for its employees
2025-09-03
The commodity house is among world’s most profitable companies and has returned $20 billion to senior staff over past three years. Across two floors of an unremarkable office block tucked between Buckingham Palace and London’s gritty Victoria coach station sits one of the most profitable but least known companies in the world. Commodity trader Vitol …
Quality control for Swiss military projects outsourced
2025-08-28
All 17 top projects of the Swiss armed forces are to be monitored by external consultants from the start of 2026, including the procurement of F-35 fighter jets. + Get the most important news from Switzerland in your inbox The Federal Department of Defence, Civil Protection and Sport (DDPS) has not set a cost ceiling …
Swatch says ‘slanted eye’ ad was a ‘faux pas by a young team’
2025-08-28
After a botched ad campaign in China, the Swatch Group says it is back on track – yet some fundamental questions remain to be answered. In August, Swatch chose a rather unlikely image as part of its ad campaign in China: an Asian model pulling at the corners of his eyes. It quickly became apparent …
Swiss carbon offset foundation to cut 10% of staff
2025-08-26
Myclimate will cut around 10% of its jobs by the end of the year. At the end of 2024, almost 200 employees were working for the foundation. In an interview with public broadcaster SRF on Tuesday morning, director Kai Landwehr said that Myclimate had largely refrained from making redundancies. Some employees had also left the …
Swiss robots to deliver Just Eat takeaway meals
2025-08-21
One of the world’s largest food delivery platforms, Just Eat Takeaway, has turned to a Swiss company to experiment with robotic home deliveries. +Get the most important news from Switzerland in your inbox RIVR, a spin-off from the Swiss Federal Institute of Technology (ETHZ), has been chosen to conduct the pilot phase in Switzerland. “Together …
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