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Swatch CEO’s pay falls to CHF4.7m after profit slump in 2025
2026-03-18
Swatch Group CEO Nick Hayek took a pay cut in 2025 after the watchmaker reported a nearly 90% plunge in profits. +Get the most important news from Switzerland in your inbox According to the company’s 2025 annual report published on Wednesday, the Swatch boss received total remuneration of CHF4.7 million ($6 million), down from CHF5 …
Most of world’s largest fashion firms off course to meet climate targets
2026-03-14
Despite ambitious climate targets, only 3 of the 42 largest clothing brands in the world are on a clear path to limiting global warming to 1.5°C. Two Swiss companies, On and Mammut, received middling grades in the Fossil-Free Fashion Scorecard 2025 by NGO Stand.earth. +Get the most important news from Switzerland in your inbox Mammut …
Switzerland edges toward lifting ban on new nuclear plants
2026-03-12
The Senate has voted to lift Switzerland’s ban on building new nuclear power plants. On Wednesday it approved the government’s indirect counterproposal to the so-called “Blackout Initiative”. The House of Representatives will now take up the issue. Here’s why nuclear energy is back in the spotlight. Even as Switzerland phases out its ageing reactors, the …
Swiss franc surges to decade high as traders seek last ‘reliable’ haven
2026-01-28
Alpine currency at strongest level since 2015 shock appreciation, putting pressure on central bank. The Swiss franc has surged to its strongest level against the US dollar in more than a decade, as a stampede into what traders are calling currency markets’ last “reliable” haven poses an increasing problem for the Swiss National Bank. The …
Trump’s first year, Greenland and tariffs, and NASA’s Moon plans
2026-01-21
Welcome to our press review of events in the United States. Every Wednesday I look at how the Swiss media have reported and reacted to three major stories in the US – in politics, finance and science. All eyes were on the Swiss mountain resort of Davos on Wednesday as US President Donald Trump flew …
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