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Art Basel CEO: global art market at ‘inflection point’
2026-03-12
The global art market has returned to growth in 2025. According to the Art Market Report published by Art Basel and UBS on Thursday, sales rose by 4% to $59.6 billion (CHF46.52) following a 12% slump in the previous year. + Get the most important news from Switzerland in your inbox According to the report, …
Swiss food bank saves 8,500 tonnes of food from going to waste
2026-01-19
Last year the Schweizer Tafel food bank saved around 8,500 tonnes of food from going to waste and gave it to people in need. This represents an increase of 11% compared to 2024. + Get the most important news from Switzerland in your inbox Products from the food industry were a key driver of this …
What the US pullback means for Switzerland’s climate priorities
2025-11-28
The absence of the United States – the world’s largest economy and its second-largest polluter – casts a long shadow over international climate negotiations. For Switzerland, the US void has reinforced its position on climate finance, while hindering the possibility of a fossil fuel phase-out. In January, the US notified the United Nations that it …
Shortage of skilled labour eases in Switzerland
2025-11-27
The shortage of skilled labour in Switzerland has decreased significantly for the second year in a row, according to the personnel service provider Adecco. + Get the most important news from Switzerland in your inbox Specifically, the skills shortage index compiled by Adecco is around 22% below the previous year’s figure. According to the evaluation, …
Swiss multinationals create more jobs than foreign firms
2025-11-27
In 2024, large Swiss corporations generated more jobs than foreign corporate groups. However, the majority of turnover is still generated by groups from abroad. + Get the most important news from Switzerland in your inbox This is the conclusion of an analysis published on Thursday by the Federal Statistical Office (FSO). According to this, around …
Swiss government to take control of military tech firm RUAG MRO
2025-11-26
The Swiss government decided on Wednesday to take control of the Swiss military technology firm RUAG MRO. The company will be made into a public limited company governed by a special law. Consultation on the change is open until March 23. + Get the most important news from Switzerland in your inbox The government will …
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 …
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