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HAYA Therapeutics CEO sees a future where his therapy could treat cancer and Alzheimer’s
2025-10-25
Samir Ounzain, CEO of science start-up HAYA Therapeutics, talks about the limits of entrepreneurship in Switzerland, entering the US market and how his therapy for heart disease could change the world of medicine. Founded in 2019, HAYA Therapeutics aims to pioneer an approach to treating disease by turning sick cells back into healthy ones. The …
A third of Swiss chief financial officers expect local job cuts
2025-10-22
According to a survey by the consulting firm Deloitte, Swiss chief financial officers (CFOs) are somewhat pessimistic about the future. In view of the strong Swiss franc and the US tariffs, many expect local jobs to be relocated abroad. +Get the most important news from Switzerland in your inbox According to the survey of 119 …
Nestlé to cut thousands of jobs in next two years
2025-10-16
The new CEO of the Swiss food giant Nestlé, Philipp Navratil, announced the company plans to cut 16,000 jobs globally over two years. + Get the most important news from Switzerland in your inbox The cuts will include 12,000 management positions, Nestlé said on Thursday. This measure alone should reduce the cost base by CHF1 …
FINMA appeals decision on Credit Suisse AT1 bonds
2025-10-15
The Swiss Financial Market Supervisory Authority (FINMA) does not intend to accept the decision of the Federal Administrative Court to write off Credit Suisse’s AT1 bonds. It is now appealing the decision to the Federal Supreme Court, as the authority announced on Wednesday. + Get the most important news from Switzerland in your inbox In …
Swiss government fears wealth exodus with inheritance tax hike
2025-10-13
The Swiss government fears a proposed national inheritance tax on estates over CHF50 million could reduce overall tax revenues as wealthy people are likely to leave the country. + Get the most important news from Switzerland in your inbox Voters will decide on the proposal by the youth wing of the Social Democratic Party (Juso) …
Zug judged most competitive Swiss canton
2025-08-28
Zug, Basel-City and Zurich top the list of Swiss cantons with the most competitive economies, according to a UBS study. Graubünden sits at the bottom of the rankings. + Get the most important news from Switzerland in your inbox The Cantonal Competitiveness Indicator (CCI) is based on 57 parameters that give information on the long-term …
Badrutt’s Palace in St Moritz crowned Hotel of the Year by Gault Millau
2025-08-25
The gastronomy guide Gault Millau has named the St Moritz luxury hotel Badrutt’s Palace Hotel of the Year 2026. The hotel, which opened in 1896, owes this title above all to an investment of over CHF70 million ($87 million). + Get the most important news from Switzerland in your inbox Gault Millau wrote in a …
Swiss food group Orior to cut 90 jobs
2025-08-21
Faced with declining half-year results and a high level of debt, the Orior food group is cutting 90 jobs to turn its business around. +Get the most important news from Switzerland in your inbox The Zurich-based group now wants to focus on the Swiss market and a selection of international activities. Management is considering “all …
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