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US trade deal forces reckoning for Swiss pharma powerhouse
2025-11-18
Swiss pharmaceutical companies are planning massive investments in research and manufacturing in the United States as part of a deal to secure lower tariffs. But this isn’t the only force fuelling anxiety about the future of Switzerland’s pharma dominance. The Swiss pharmaceutical sector had reason to celebrate on Friday when the government announced a trade …
Switzerland among vanguard shaping global digital age
2025-11-17
A new deal on digital services trade between Singapore and EFTA states, including Switzerland, seeks to reconcile the need for privacy and security with the desire for innovation and growth in increasingly data-driven economies. It also shows that even coalitions of small economies can help set global standards in the new digital age. Behind our …
Report: Swiss Federal Railways boss received death threats after contract awarded to Siemens
2025-11-16
Vincent Ducrot, CEO of Swiss Federal Railways, received death threats after awarding the German group Siemens an order for 116 new double-decker trains worth CHF2.1 billion ($2.6 billion), to the detriment of the Swiss railway manufacturer Stadler, according to SonntagsBlick newspaper. +Get the most important news from Switzerland in your inbox People speaking on condition …
Lessons from the US-Swiss tariff dispute: when the ends justify the means
2025-11-15
Tariff negotiations with the United States have been a steep learning curve for Switzerland and its trade diplomacy — and an unprecedented rollercoaster ride, concludes Matthias Pfander, a business correspondent for Swiss public TV, SRF. First came the shock in April: Switzerland appeared high up on Donald Trump’s tariff list during the specially staged “Liberation …
Swiss ninth in international patents applications
2025-11-13
International patent applications reached a new record in 2024, rising to 3.7 million, up 4.9% year-on-year. Switzerland is ninth on the global list. +Get the most important news from Switzerland in your inbox China is once again the country from which the largest number of applications comes, the World Intellectual Property Organisation (WIPO) indicated today …
Nestlé appoints new Nespresso head
2025-09-26
Nestlé has appointed Alfonso Gonzalez Loeschen as CEO of Nespresso and member of the Executive Board. He will succeed Philipp Navratil, who was appointed as new group CEO following a scandal at the food giant. +Get the most important news from Switzerland in your inbox Loeschen, who is currently head of Nespresso North America and …
Swiss firm suspected of violating gold sanctions against Russia
2025-09-20
The State Secretariat for Economic Affairs (Seco) has launched an investigation into Open Mineral, a commodities trader based in Baar. The company is suspected of violating sanctions against Russia in relation to gold, Reuters reported on Friday. Open Mineral allegedly traded the precious metal from Russia, violating sanctions against Moscow after the start of the …
Zurich airport trials autonomous buses for employees
2025-09-16
Zurich airport could become the first in Europe to use autonomous buses to transport employees around the runway. The system is currently being tested with a driver on board in case of problems. The pilot project has been underway since March, Zurich airport said on Tuesday. Since June, employees have been able to board an …
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