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Geneva proposes payment to winegrowers to avoid losing its vineyards
2026-03-26
Faced with a major crisis in Swiss winegrowing, the canton of Geneva wants to introduce an alternative to uprooting grape vines. The canton will pay CHF 18,000 (about $22,741) per hectare per year to maintain the plots, but with no obligation to produce grapes. The aim is to preserve vineyards. This aid will apply to …
Amazon acquires Swiss delivery robot start-up Rivr
2026-03-23
Amazon has bought the Zurich-based start-up Rivr, which specialises in delivery robots. The spin-off from the Swiss federal technology institute ETH Zurich, formerly known as Swiss-Mile, was valued at around $110 million (CHF86 million) in 2024, according to press reports. +Get the most important news from Switzerland in your inbox Rivr CEO Marko Bjelonic confirmed …
Swiss medicine revenues pegged back by price reductions
2026-02-07
The Swiss domestic pharmaceutical market recorded a 5% increase in revenues of CHF8.1 billion at factory prices, last year. +Get the most important news from Switzerland in your inbox Turnover expansion was held back 2.4% by price reductions enforced by the government, reported trade association Interpharma. + Read our extensive coverage drug prices and insurance …
Novartis revenues slowed in last quarter of 2025
2026-02-04
Novartis revenues slowed to a standstill in the final quarter of 2025. The Swiss pharmaceutical firm presents a mixed outlook for the current year. +Get the most important news from Switzerland in your inbox Novartis sales grew just 1% year-on-year to $13.3 billion in the last three months of 2025. At constant exchange rates, this …
Swiss bank Julius Bär posts lower profits
2026-02-02
Swiss bank Julius Bär reported significantly lower profits in 2025 due to the high loan loss provisions recognised in the course of the year. +Get the most important news from Switzerland in your inbox Assets under management increased thanks to strong equity markets and further inflows of new money. IFRS net profit totalled CHF764 million …
Swiss politicians decide against monitoring assisted-suicide tourism
2026-02-02
How many people travel to Switzerland to end their lives? Swiss politicians do not want a precise count. Parliament has rejected a proposal to introduce monitoring, even though the data is available. Assisted-suicide tourism in Switzerland draws criticism both at home and abroad. Domestically, the associated costs for the cantons are among the concerns, while …
Uber: Swiss user trends in 2025
2025-12-15
Uber has for the first time published details of how Swiss residents use the popular ride-hailing app service. + Get the most important news from Switzerland in your inbox For many Swiss residents, Uber is now part of everyday life. Last year’s most frequent user was a Zurich man, who made 1,260 trips, an average …
Swiss interest rates remain at 0%
2025-12-11
The Swiss National Bank (SNB) has left its key interest rate unchanged at zero percent. This level is unlikely to change significantly in the foreseeable future. +Get the most important news from Switzerland in your inbox According to the SNB, the current key interest rate supports economic growth, meaning it is expansionary. At the same …
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