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Swiss Senate votes to extend short-time working to counter tariffs
2025-09-10
The Swiss Senate has approved the extension of short-time working compensation from 18 to 24 months in the face of United States tariffs. +Get the most important news from Switzerland in your inbox Businesses have demanded the measure since since tariffs were raised. It has now cleared the first parliamentary hurdle. According to the parliamentary …
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 …
ABB expands robotics business in China
2025-07-02
The Swiss-Swedish technology group ABB is expanding its robotics business in China. Three new robot families are being added to the portfolio, which are used for basic material handling through to demanding tasks such as dispensing or polishing. +Get the most important news from Switzerland in your inbox The new robots will be produced in …
Despite Trump’s bold claims, medicine prices in Europe won’t rise anytime soon
2025-05-15
The US president’s “most-favored nation” executive order signed on Monday intends to change this by tying US drug prices to those paid by other developed countries.
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