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Swiss logistics group Kuehne+Nagel to cut up to 1,500 jobs
2025-10-23
Swiss logistics group Kühne+Nagel is launching a cost-cutting program, which will slash 1,000 to 1,500 full-time positions, following a slump in profits. +Get the most important news from Switzerland in your inbox Turnover fell by 7% to CHF6.04 billion. Gross profit adjusted for volatile freight tariffs fell by 4% to CHF2.11 billion. As a result, …
Radical-Liberals back Switzerland-EU accords
2025-10-18
The Swiss Radical-Liberal Party is in principle in favour of the new package of agreements negotiated by the European Union and Switzerland. Party delegates in Bern voted 330-104 to support the packages. Nine delegates abstained from voting. +Get the most important news from Switzerland in your inbox Before the vote, supporters and opponents of the …
Patent battle in India tests Roche’s grip on rare disease market
2025-10-16
An Indian court has cleared the way for low-cost alternatives to Roche’s drug Evrysdi for spinal muscular atrophy. What’s behind the decision and what could it mean for rare disease patients everywhere? On October 9 the Delhi High Court refused to issue Roche an injunction to prevent generic manufacturers from making and selling a low-cost …
ABB to power new AI data centres with Nvidia
2025-10-14
Swiss technology group ABB will collaborate with US computer chip manufacturer Nvidia to jointly develop new power supply solutions for future data centres. + Get the most important news from Switzerland in your inbox The partnership will focus on the development and deployment of “state-of-the-art power supply solutions”, ABB announced. These are required for a “highly efficient, scalable power supply for future AI workloads”.
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