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The US plans to buy $10 million worth of Swiss cheese – just not from Switzerland
2026-03-30
US tariffs are being used to procure Swiss cheese produced by American farmers under a special provision to absorb surplus production and protect rural jobs. On February 19, United States Secretary of Agriculture Brooke L. Rollins announced the US Department of Agriculture’s (USDA) intention to purchase up to $263 million (CHF208 million) in dairy and …
Nestlé reports 12 tonnes of KitKat stolen in Europe
2026-03-28
A huge shipment of 12 tonnes of KitKat – over 400,000 chocolate bars – was stolen last week in Europe while being transported by truck between production and distribution facilities. +Get the most important news from Switzerland in your inbox The Swiss food giant Nestlé reported that 12 tonnes of KitKat chocolate bars were stolen …
Swiss pharma’s global success meets worries at home
2026-02-13
When Switzerland’s two biggest pharmaceutical companies are doing well, that’s usually a reason to celebrate. Swissinfo journalist Jessica Davis Plüss examines why Swiss politicians and industry leaders are instead calling for urgent reforms to keep the country attractive to pharma. Last year was a good year for Swiss pharma. Roche’s sales rose 7% (at constant …
Sustainable soy: When collaborating to protect the Amazon backfires
2026-02-12
Commodity firms working together to source deforestation-free soy in Brazil are being investigated under anti-cartel laws. They also risk losing tax benefits due to pressure from powerful farming lobbies. Businesses selling prostheses, gas water-heaters, electricity meters, cement and even tech giants like Apple and Meta have recently come under fire from Brazil’s competition watchdog, the …
Desperate to save their children, parents become unexpected drug developers
2025-12-18
Ignored by the pharma industry, a growing number of parents are taking drug development for their children’s ultra-rare diseases into their own hands. One couple in Switzerland shares what it takes to keep hope alive. February 2, 2025, was the most frightening day of Mariann Vegh’s life. She had just returned from a walk in …
SNB posts nine-month profit of CHF12.6 billion
2025-10-31
The Swiss National Bank (SNB) made a profit in the first nine months of 2025. This was thanks to the profitable third quarter following a loss in the first half of the year. +Get the most important news from Switzerland in your inbox According to a statement on Friday, profit for the nine-month period totalled …
SWISS to reduce flight destinations from Geneva
2025-10-30
Swiss International Airlines (SWISS) will be reducing the number of short-haul flights out of Geneva Airport from summer 2026. The airline cites a lack of resources. + Get the most important news from Switzerland in your inbox “We are reducing the number of destinations from Geneva because we need to optimise the use of our …
UBS bank posts $2.5 billion Q3 profit
2025-10-29
Swiss bank UBS posted a net profit of $2.5 billion in the third quarter, up 74% year-on-year, thanks to its core business and the dissolution of provisions for legal risks. + Get the most important news from Switzerland in your inbox The bank also made progress with its cost-cutting programme following the takeover of Credit …
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