Category Archive: 3) Swiss Markets and News

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Select Swiss airports to roll out new entry-exit system on Monday

At Swiss airports, a new entry and exit system will be introduced in stages, starting on October 12. It will allow third-country nationals to be registered electronically, replacing the current manual stamping of travel documents. The announcement was made on Thursday by the State Secretariat for Migration (SEM), which said that the new Entry-Exit-System (EES) …

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Swiss firm RUAG to assemble and test four F-35A fighter jets

Four of the 36 F-35A fighter jets ordered by Switzerland from the United States will undergo final assembly and testing at RUAG's site in canton Lucerne. The defence company is exploring how it can turn itself into a European centre for military aviation. The Swiss defence ministry is supporting the so-called RIGI project, defence company …

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Nestlé exits global alliance to reduce methane emissions

Swiss multinational Nestlé is abandoning an international alliance to reduce methane emissions in the dairy industry, an entity that the company had helped to found only two years ago. +Get the most important news from Switzerland in your inbox Nestlé regularly reviews its membership of external organisations and, as part of this process, has decided …

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Swiss drugmakers face mixed fortunes amid Trump’s tariff upheaval

Pharma giants may escape the worst of the import tariffs threatened by US President Donald Trump as they cut drug prices and commit to invest billions in US manufacturing. But Switzerland’s smaller developers face a more uncertain future. More pharma companies are expected to follow in the steps of American giant Pfizer and secure deals …

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‘Around 20,000 jobs at risk’ in Switzerland over US tariffs

The 39% tariffs imposed by the US could cost the Swiss economy up to 20,000 jobs, says UBS economist Thomas Veraguth. +Get the most important news from Switzerland in your inbox “The uncertainty is at all levels, but it is obviously very different from one company to another,” the expert emphasised in an interview broadcast …

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The three most discussed debates this September #switzerland

What were the three topics our users discussed most in September?⁠ ⁠ ✈️ Alleged Russian drones and fighter jets in NATO airspace: do you see Vladimir Putin’s Russia as a threat to Europe?⁠ ⁠ 💸 Swiss health insurance premiums are set to rise again. Should they be based on income?⁠ ⁠ 🗣️ Some German-speaking cantons have decided to delay teaching French until secondary school. Is it important to learn a second national language early?⁠ ⁠ Join...

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Swiss government rejects initiative against animal testing

Animal experiments should not be banned in Switzerland, according to the Swiss government, which submitted its views to Parliament on the initiative “Yes to a future without animal experiments”. This comes three years after a similar text was widely rejected by the Swiss people. +Get the most important news from Switzerland in your inbox The …

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Swiss SMEs ramp up adoption of AI in workplaces

Artificial intelligence (AI) is increasingly being used by Swiss small-and-medium enterprises (SMEs) according to a survey by research institute Sotomo. +Get the most important news from Switzerland in your inbox This is especially the case for translation and correspondence. Around half of the 300 companies surveyed use AI in this area. AI is also popular …

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Swiss fragrance firm Givaudan to build site in US

Givaudan announced on Wednesday that it is investing CHF187 million ($233 million) in the construction of a new production plant near Cincinnati, Ohio, in the US. The flavours and fragrances giant intends to strengthen its presence in the North American region. +Get the most important news from Switzerland in your inbox Construction has begun on …

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Study: Swiss watch industry shows resilience in face of US tariffs

The Swiss watch industry is facing difficulties in the face of US tariffs. However, according to a study by the consulting firm Deloitte, the industry has proved resilient so far. +Get the most important news from Switzerland in your inbox Import duties of 39% on Swiss watches have been in force in the US since …

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ABB to sell robotics division to Softbank Group

The Swiss-Swedish technology group ABB is selling its robotics business to the SoftBank Group for $5.4 billion (CHF4.3 billion). +Get the most important news from Switzerland in your inbox The original idea of a spin-off of the business as an independently listed company will therefore not be pursued further, as ABB announced on Wednesday. The …

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Locarno Pact Turns 100: What Can Modern Diplomacy Learn? #switzerland #peace

What the Locarno Pact Can Teach Us 100 Years On 🕊️ This week marks 100 years since the signing of the Locarno Pact, which brought a brief moment of peace after the First World War. Take a look at this video to find out how Locarno became the ‘city of peace’. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events....

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Roche’s AI-based kidney test gains European certification

A new tool to evaluate kidney function developed by Swiss pharma firm Roche and which uses artificial intelligence has passed a regulatory test. The Chronic Kidney Disease algorithm panel has received the European CE marking of conformity, the Basel-based company announced on Monday. +Get the most important news from Switzerland in your inbox The new …

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Swiss unemployment rate held steady at 2.8% in September

The Swiss labour market is holding up well in a sluggish economic climate affected by United States tariffs. The unemployment rate held steady at 2.8% in September, despite an increase in the number of unemployed. +Get the most important news from Switzerland in your inbox In September, the number of unemployed rose by 1,128 people, …

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Ban social media for minors, says top Swiss school principal

Young people need to be better protected in their use of social media, said Thomas Minder, president of the Association of School Principals in German-speaking Switzerland. +Get the most important news from Switzerland in your inbox "Social media should be banned for minors," Minder said in an interview published in Tamedia newspapers on Tuesday. Adults …

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How protected is the Swiss National Bank compared with the US Federal Reserve?

The independence of the Swiss National Bank (SNB) is enshrined in the constitution, a safeguard its US counterpart does not enjoy. But where does this concept come from, and how does Switzerland compare internationally? US President Donald Trump makes no secret of his views on the decisions taken by the Federal Reserve. He has not …

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Hiroshima and Nagasaki 80 Years Later: What Do Japanese Teenagers Think About Nuclear Arms?

Eighty years have passed since the atomic bombings of Hiroshima and Nagasaki. In Japan, the post-war generation now makes up the majority of the population, raising the challenge of how to pass wartime memories on.⁠ ⁠ How do Japanese teenagers view nuclear weapons possession? ⁠ ⁠ Head over to Swissinfo to find out. ⁠ #Hiroshima #Nagasaki #NuclearWeapons #NuclearDisarmament #History⁠ #JapaneseHistory #Japan #Peace #Switzerland #Swiss ---...

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Banking Climate Alliance ends activities

The Net-Zero Banking Alliance (NZBA), the UN's carbon neutrality programme for the banking sector, says it will cease its activities. Swiss bank UBS withdrew last August. The NZBA was launched in 2021 as part of the United Nations Environment Programme Finance Initiative (UNEP-FI) to encourage banks to take concrete steps to reduce the carbon footprint …

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SWISS ‘eyes cheaper Indian flight crews’

Swiss International Air Lines is looking to hire Indian cabin crews to the Canadian city of Montreal, with the aim of reducing costs. +Get the most important news from Switzerland in your inbox Their salaries amount to CHF580-950 per month, CH Media newspapers reported, citing sources within the company. "We are constantly evaluating different options …

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Company bankruptcies on the rise in Switzerland

There have been significantly more bankruptcies in Switzerland this year. The construction, catering and retail sectors in particular have suffered. +Get the most important news from Switzerland in your inbox Company bankruptcies climbed by 19.5% from January to September compared to the same period last year, according to the economic information service Crif on Thursday. …

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