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Nestlé rejects allegations of human rights violations in supply chain
2025-10-30
Swiss food giant Nestlé has rejected accusations by human rights and environmental organisations regarding violations of the German Supply Chain Act. + Get the most important news from Switzerland in your inbox A Nestlé spokeswoman told the news agency AWP on Thursday that Nestlé had either not been directly involved with the companies concerned or …
Ex-UBS trader sues bank for ‘malicious’ Libor prosecution
2025-10-28
Tom Hayes, the former star UBS bank trader who became the face of the Libor rigging scandal, sued his former employer accusing it of handing him over on a “silver platter” to global prosecutors in order to protect the bank and its senior leadership. + Get the most important news from Switzerland in your inbox …
Swiss government seeks solutions to medicine shortages
2025-10-22
This spring, a group of experts plans to examine a range of measures to tackle drug shortages in Switzerland. Some of the measures up for discussion include simplifying authorisations, closer supply monitoring, and stronger international networking. +Get the most important news from Switzerland in your inbox The group of experts chaired by Bernhard Pulver, former …
Swiss economics minister pays short-notice visit to US
2025-09-05
Swiss Economics Minister Guy Parmelin travelled to the United States at short notice on Friday to hold ministerial level talks. +Get the most important news from Switzerland in your inbox The economics ministry has not yet commented on further details of the trip. + What do the 39% US tariffs mean for the Swiss economy? …
Swiss government calls for counter-proposal to the Responsible Business Initiative
2025-09-03
The federal government wants to counter the new Responsible Business Initiative with an indirect counter-proposal. The future regulations should be based on new provisions currently being discussed in the European Union. The national government does not want to go any further. +Get the most important news from Switzerland in your inbox On Wednesday, it set …
Swiss machinery sector continues to suffer from shrinking demand
2025-08-26
The Swiss machine and engineering industry remains caught in a downward spiral. In the current year, the number of orders have continued to fall, as has turnover. The industry association Swissmem assumes that the order situation will deteriorate even further. The main reason for this is the US tariff hike at the beginning of August. …
Chinese firm Baidu to launch European robotaxi business in Zurich
2025-08-25
The Chinese technology group Baidu is set to establish a presence in Zurich to launch driverless vehicles in Europe. This was announced by Yong Gessner, the European head of Baidu’s Intelligent Driving Group, in the Neue Zürcher Zeitung on Monday. + Get the most important news from Switzerland in your inbox Gessner told the newspaper …
Swiss pharma firm Sandoz invests $440 million in Slovenia
2025-07-02
Sandoz is expanding its presence in Slovenia. The Basel-based generics giant has launched the construction of a new biosimilars production centre in Brnik at a cost of $440 million (CHF349 million). +Get the most important news from Switzerland in your inbox The announcement brings current and planned investments in the small Alpine country to more …
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