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Switzerland tightens Russia sanctions in finance and oil sectors
2025-10-30
Three and a half months after the European Union, Switzerland is also implementing new sanctions against Russia. The package includes further export restrictions on goods to strengthen industry as well as goods to strengthen Russia’s military and technological capabilities. + Get the most important news from Switzerland in your inbox This is the 18th package …
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 …
Swiss unemployment rate up slightly in August
2025-09-04
The Swiss job market deteriorated slightly last month. The number of unemployed rose by almost 3,000 (+2.3%) month-on-month, to reach 132,105. The unemployment rate rose to 2.8%. +Get the most important news from Switzerland in your inbox Adjusted for seasonal variations, this rate remained unchanged at 2.9%, according to the State Secretariat for Economic Affairs …
Swiss solar firm Meyer Burger ceases operations at German sites
2025-09-03
Solar cell manufacturer Meyer Burger ceased operations at its sites in Saxony and Saxony-Anhalt on September 1 after failing to find new investors. +Get the most important news from Switzerland in your inbox Almost 500 employees, and therefore a large proportion of the workforce in Hohenstein-Ernstthal near Chemnitz and in Bitterfeld-Wolfen, have been made redundant …
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 …
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