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The remarkable tale of a Swiss village in Rhode Island
2025-11-23
There is an unusual farmstead in the US state of Rhode Island that would not look out of place in Italian-speaking Switzerland. The story of the ‘Swiss village’ in Newport is a surreal journey that spans architectural splendour, philanthropy and genetic research. During the so-called Gilded Age in the United States in the late 19th …
Swiss regulator warns of mortgage market risk
2025-11-22
The Swiss Financial Market Supervisory Authority (Finma) fears that financial centre risk is becoming increasingly tense. Developments in the mortgage market are particularly worrying. +Get the most important news from Switzerland in your inbox “Prices have continued to rise and the risk of a correction is correspondingly high,” warned Finma director Stefan Walter in an …
Novartis extends mid-term growth targets
2025-11-20
Novartis is extending its medium-term outlook by one year. Over the period 2025-2030, the Swiss pharma giant aims to achieve annualised, currency-adjusted growth of around 5 to 6%, compared with more than 6% over the period 2024-2029. +Get the most important news from Switzerland in your inbox Management is aiming to restore the core operating …
French court rejects immediate Nestlé Perrier ban
2025-11-19
Nestlé may continue to sell Perrier in France as natural mineral water for the time being. A court in Nanterre has rejected a temporary ban on sales requested by consumer protection organisations. +Get the most important news from Switzerland in your inbox The judgement, which is available to the news agency AWP, rejected all of …
Swiss firm RUAG to assemble and test four F-35A fighter jets
2025-10-09
Four of the 36 F-35A fighter jets ordered by Switzerland from the United States will undergo final assembly and testing at RUAG’s site in canton Lucerne. The defence company is exploring how it can turn itself into a European centre for military aviation. The Swiss defence ministry is supporting the so-called RIGI project, defence company …
ABB to sell robotics division to Softbank Group
2025-10-08
The Swiss-Swedish technology group ABB is selling its robotics business to the SoftBank Group for $5.4 billion (CHF4.3 billion). +Get the most important news from Switzerland in your inbox The original idea of a spin-off of the business as an independently listed company will therefore not be pursued further, as ABB announced on Wednesday. The …
Swatch CEO expects spike in demand due to US tariffs
2025-08-06
Nick Hayek called the 39% tariff imposed by the US on Switzerland as “arbitrary” and “unjustified”. However, he said that these tariffs will boost the watch group’s business. “I am convinced that Donald Trump wants to reach an agreement and show it to his voters in the United States. I am confident that the 39% …
Swiss government to make more attractive offer in US trade talks
2025-08-04
The Swiss government is seeking to make an even more attractive offer in talks with the US as it announced on Monday. No countermeasures are currently planned. +Get the most important news from Switzerland in your inbox The Swiss government is determined to continue talks and negotiations with the US beyond the present Memorandum of …
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