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Swiss retail trade stagnated in 2025
2026-02-04
The Swiss retail sector grew by just 1% last year, according to market researcher NielsenIQ. +Get the most important news from Switzerland in your inbox Retailers covered by the NIQ Market Monitor Switzerland sold 1.2% more goods in the food and food-related sector (food/nearfood). In the non-food sector, the increase was a meagre 0.6%. Meanwhile, …
New Nestlé boss plots strategic overhaul to reignite growth
2026-02-04
Nestlé’s new chief executive is planning a strategic overhaul that will refocus the sprawling multinational around four product categories, as it faces pressure to boost growth after a period of turmoil. Philipp Navratil, appointed after the firing of former boss Laurent Freixe, is preparing to organise the KitKat and Nespresso maker around new “pillars” — …
From London to Lausanne: how Isomorphic Labs is rewriting drug discovery
2026-01-30
Google DeepMind spin-off Isomorphic Labs is building an AI drug design engine that it believes can “solve” all diseases. We spoke to its Chief Technology Officer in Lausanne about Switzerland’s key role, AI hype, and what it will take to cure cancer. In 2013, Sergei Yakneen was on the fast track to a brilliant tech …
Swiss watch exports continued to fall in 2025
2026-01-29
Swiss watch manufacturers sold slightly fewer timepieces abroad last year, with exports to China and Hong Kong suffering a hard fall. + Get the most important news from Switzerland in your inbox Exports to the United States were more or less stable. Swiss manufacturers exported a total of CHF25.6 billion worth of watches, stated the …
Stadler Rail wins billion-franc night train order from Kazakhstan
2025-12-12
Stadler Rail is building almost 600 carriages for night trains in Kazakhstan, which is increasingly attractive for Swiss companies. +Get the most important news from Switzerland in your inbox It’s shift change time at the Stadler Rail factory in Astana, Kazakhstan. A good 400 employees have recently been working here on almost 600 carriages for …
Swiss energy provider profits harmed by nuclear plant shutdowns
2025-12-11
Profits at Swiss energy provider Axpo slumped due to unplanned shutdowns at two nuclear power plants. +Get the most important news from Switzerland in your inbox Despite this, Switzerland’s largest energy company is reporting a good result. Total operating performance fell by 3.1% to CHF7.4 billion in the 2024/25 financial year to the end of …
US Senator demands details of rumoured UBS relocation plan
2025-12-10
United States Senator Elizabeth Warren has written to UBS bank Chair Colm Kelleher asking for details of any discussions he may have had with Treasury Secretary Scott Bessent over a potential relocation of the bank to the US. +Get the most important news from Switzerland in your inbox In a letter dated December 9 and …
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