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Philip Morris: smoke-free cigarettes under investigation in Italy
2025-10-15
The Italian competition authority announced on Wednesday that it had opened an investigation into Philip Morris Italia for promoting smoke-free electronic cigarettes. + Get the most important news from Switzerland in your inbox The Italian subsidiary of the major American cigarette manufacturer, whose operational headquarters are in Lausanne, is suspected of “incorrect commercial practices” after …
Ypsomed injects CHF200 million to gain a foothold in the US
2025-10-10
Self-injection device manufacturer Ypsomed is planning to build its first factory in the United States. It has set its sights on the Holly Springs site in North Carolina, where it plans to invest an initial CHF200 million ($248 million). The plant is due to start supplying US demand at the end of 2027, according to …
Trump made direct financial demands during call with Swiss president
2025-08-17
During the telephone call between Karin Keller-Sutter and Donald Trump on July 31, Trump demanded direct payments from Switzerland, according to an investigation by SonntagsBlick. Contrary to initial assumptions, the conversation was not initiated by Keller-Sutter, but by the US Trade Representative.
US tariffs putting 100,000 jobs at risk in Switzerland
2025-08-16
United States tariffs of 39% on Swiss imports will directly affect 100,000 jobs in Switzerland, mainly in the watchmaking, machinery, metals, and food industries, warned the business umbrella organisation economiesuisse on Friday. +Get the most important news from Switzerland in your inbox For the Swiss business federation, “the consequences could be even heavier, as suppliers and service providers also suffer indirectly”.
The Swiss mountain village that inspired a Nobel Prize and digital governance
2025-06-20
Törbel is a small Swiss mountain village that has attracted the attention of international scientists. Their findings on how mountain farmers utilise water and pastures are shaping the way science addresses collective digital resources today. In 1483, Swiss farmers who lived in a mountain village concluded a contract on water and pasture utilisation.
PostFinance recruits former Credit Suisse executive as Chief Financial Officer
2025-06-12
PostFinance has found a replacement for its Chief Financial Officer (CFO) Kurt Fuchs, who resigned at the end of February. Claudio Gaugler, a former Credit Suisse executive, will take up his post on September 1. +Get the most important news from Switzerland in your inbox Gaugler, 40, will join the management board of the financial …
Swiss retailers review deal on fees for single-use plastic bags
2025-06-08
The agreement reached in 2016 on the introduction of chargeable plastic bags at Swiss shop checkouts is being scrutinised. The Swiss Retail Federation is analysing whether it wants to terminate the agreement it concluded with IG Retail. +Get the most important news from Switzerland in your inbox Dagmar Jenni, Managing Director of the Swiss Retail …
Swiss chemical group Clariant faces fresh price fixing probe
2025-05-27
The Swiss chemicals group Clariant is facing another claim for damages in connection with alleged price fixing. +Get the most important news from Switzerland in your inbox The Austrian petrochemicals group OMV has filed a lawsuit against a total of four companies, including Clariant. OMV is claiming damages totalling around €1 billion in a court …
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