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How Switzerland could become a hub for Chinese e-commerce
2026-07-22
Since July 1, a tax on small packages from China has been in force in the European Union (EU). Some worry that non-EU member Switzerland represents an easy loophole for big Chinese platforms. Europeans have developed an appetite for the cheap products sold by Chinese platforms like Shein and Temu. Such online shopping has boomed …
Swiss exports to US boomed in second quarter
2026-07-21
Switzerland’s foreign trade picked up significantly in the second quarter, driven mainly by strong sales of pharmaceutical products and a rebound in trade with North America. Between April and the end of June, exports rose by 8.8% compared with the previous quarter – and, before adjusting for inflation – to CHF73.23 billion. Imports rose by …
Swiss energy provider invests in Finnish company
2026-07-17
Swiss energy firm Romande Energie has acquired a minority stake in the Finnish company Hyperion Robotics for an undisclosed sum. “This investment marks the seventh in Romande Energie’s corporate venture capital portfolio and the first to be made outside Switzerland,” a spokesperson for the Morges-based group told the AWP news agency on Friday. This arm …
Nestlé investing half a billion in Thai Nescafé plant
2026-07-09
Swiss fdood manufacturer Nestlé is investing CHF563 million to construct a production facility for its Nescafé brand in Thailand. The factory will primarily supply the local market with instant coffee, coffee blends and other ready-to-drink beverages. The investment aims to meet the growing demand for coffee in Thailand, a market estimated to be worth CHF1 …
Novartis feels heat from copycat drugs
2026-04-28
Novartis has felt the dampening effect of generic drugs at the start of the year. Nevertheless, management confirmed its previous outlook for the further course of business. + Get the most important news from Switzerland in your inbox Turnover for the first quarter totalled $13.1 billion, a decrease of 1% compared to the same period …
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