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Coop overtakes Migros in battle of Swiss food retailers
2025-11-03
Swiss retailer Migros is marking its 100th anniversary this year, but there is not much reason to celebrate. According to the SonntagsZeitung, the cooperative giant is continuing to lose market share in its core business, while Coop is growing. + Get the most important news from Switzerland in your inbox In an article published on …
Swiss economic outlook is improving, says thinktank
2025-10-30
Switzerland’s economic outlook continued to improve in October, according to the KOF Institute’s Economic Barometer. While expectations are improving overall, there are divergences between sectors. + Get the most important news from Switzerland in your inbox After falling in August as a result of the introduction of 39% tariffs on Swiss imports into the United …
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”.
Swiss central bank invests in controversial companies
2025-09-10
The Swiss National Bank (SNB) is investing money in nine companies that are facing sharp international criticism for their military cooperation with Israel. At the same time, the SNB emphasises ethical principles. How does this fit together? +Get the most important news from Switzerland in your inbox Caterpillar is one of the nine companies. The …
Swiss alpine cantons protest proposed second home tax
2025-09-05
A proposed new Swiss tax on second homes, linked to the abolition of imputed rental values, is irresponsible, say some cantons. +Get the most important news from Switzerland in your inbox They argue that this solution is unfair, ill-conceived and economically damaging. On September 28, the Swiss people will vote on a new cantonal property …
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