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Swiss retail chain Migros shutters physical book shops
2026-01-30
The Swiss retail group Migros is closing all 15 physical branches of its bookselling brand Ex Libris by the end of the year. + Get the most important news from Switzerland in your inbox The group’s online book business will be gradually transferred to the digital platform Galaxus. This will affect 230 employees and job …
Swiss meter firm Landis+Gyr shifts management to US
2026-01-29
Swiss electric meter manufacturer Landis+Gyr has relocated the majority of its operational management team to Atlanta in the United States. + Get the most important news from Switzerland in your inbox This was announced by CEO Peter Mainz as part of a strategic focus on the Americas and Asia-Pacific regions. Mainz said that he himself …
Roche reports positive results for experimental obesity drug
2026-01-27
Swiss pharma giant Roche said on Tuesday that a phase II clinical trial of its experimental obesity drug CT-388 had given positive results. +Get the most important news from Switzerland in your inbox In the study participants who received the active ingredient CT-388 once a week for 48 weeks lost over 20% of their body …
Swiss Post sets a new record for Black Friday deliveries
2025-12-04
With 7.9 million parcels delivered around Black Friday, Swiss Post has exceeded its record from the previous year. The company had already prepared for a possible parcel record in November. Compared to the previous year, the number of parcels delivered between November 24 and December 2 increased by almost 400,000 consignments, as Swiss Post announced …
Swiss business group anticipates subdued economic growth
2025-12-03
Economists from the Swiss Business federation economiesuisse expect subdued growth for the coming year. +Get the most important news from Switzerland in your inbox While real gross domestic product (GDP) is expected to grow by 1.2% this year, they are still forecasting growth of 1% for 2026. This means that Switzerland will remain below its …
A 260-metre skyscraper in Zermatt?
2025-11-29
A hotelier-designer-artist from Zermatt dreams of building a 62-storey residential tower in the Valais resort, facing the Matterhorn, by 2034. Recently presented to the public, the project, dubbed Lina Peak, has divided opinion. A giant tower project is causing a stir in Zermatt. Its promoter, Heinz Julen, presented it to the public in mid-November in …
EU fines Richemont brand Chloé €20 million
2025-10-14
The European Union has imposed fines totalling €157 million on the luxury houses Gucci (Kering), Chloé (Richemont) and Loewe (LVMH) for breaches of competition rules. + Get the most important news from Switzerland in your inbox The European Commission has accused the three companies, based in Italy, France and Spain respectively, of restricting the ability …
Swissgrid posts lower profit in the first half of the year
2025-10-14
Switzerland’s national electricity grid operator Swissgrid generated less turnover and profit in the first half of 2025, but was still able to strengthen its finnacial base. + Get the most important news from Switzerland in your inbox Net sales for the first six months of the year fell by 4% to CHF795.5 million.
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