Category Archive: 3.) Swissinfo Business and Economy

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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US delays pharma tariffs to push for more drug pricing deals

According to government circles, the new tariffs on pharmaceutical imports into the US announced by US President Donald Trump for October 1 will not be imposed after all. This was announced by a high-ranking government official to the German Press Agency. +Get the most important news from Switzerland in your inbox Instead, tariffs are now …

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Unlocking climate secrets frozen for 1.2 million years #switzerland #climatechange

Swiss scientists are drilling deep into Antarctic ice that is more than 1.2 million years old to reveal how Earth’s climate has changed over time. By analysing ancient air bubbles, the team at the University of Bern is uncovering greenhouse gas levels and glacial cycles from long before human influence. These discoveries could help us understand natural climate shifts and offer powerful insight into today’s accelerating change and where our planet...

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US court dismisses Credit Suisse lawsuit against Switzerland

A United States court says Switzerland is not liable for losses incurred by creditors in connection with so-called AT1 bonds in the takeover of Credit Suisse by UBS. +Get the most important news from Switzerland in your inbox This was decided by a US District Court in New York. The Swiss Federal Department of Finance …

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Pfizer deal gives Novartis and Roche stock boost

Pharmaceutical stocks rebounded in a big way on the Zurich stock exchange in the wake of a tariff agreement reached by Pfizer in the United States. +Get the most important news from Switzerland in your inbox Long under pressure due to intentions to regulate drug prices in the US, companies are breathing a sigh of … Continue...

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More than a third of Swiss companies report irregularities

More than one third of Swiss companies were affected by illegal and unethical behaviour within their organisation or in their supply chain last year. +Get the most important news from Switzerland in your inbox However, Swiss companies are less affected than average. This is the conclusion of the Whistleblowing 2025 report published today by the …

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Ex-US climate ambassador Kerry urges more green investing

Former United States climate ambassador John Kerry sees energy transition as a great opportunity for the economy and investors. +Get the most important news from Switzerland in your inbox "It is the biggest economic transformation since the industrial revolution," he told the Building Bridges sustainability conference in Geneva. + Swiss finance sector told to ‘green’ …

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UBS CEO Ermotti: ‘we never threatened to leave Switzerland’

Sergio Ermotti, CEO of Swiss bank UBS, says he is confident that a good solution will be found regarding the bank’s capital requirements in Switzerland. +Get the most important news from Switzerland in your inbox The company addressed journalists on the day of the presentation of its official response to the consultation launched by the …

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Zermatt restaurant operators fined for violating Covid-19 measures

Last Thursday, the Valais Cantonal Court sentenced the three operators of the Walliserkanne restaurant in Zermatt. They were found guilty of repeated obstruction of an official act. They received fines and suspended sentences. +Get the most important news from Switzerland in your inbox The sentences relate mainly to incidents that occurred in 2021. The defendants …

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Swiss central bank makes sharp increase in foreign exchange purchases

Foreign exchange purchases by the Swiss National Bank (SNB) increased significantly in the second quarter. +Get the most important news from Switzerland in your inbox Between April and June, the institution bought the equivalent of CHF5.1 billion ($6.4 billion), according to statistics published on Tuesday, as usual at the end of the quarter following the …

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More than one third of firms in Switzerland are founded by foreigners

More than one in three new companies in Switzerland will have been founded by foreigners by 2025. According to an analysis by the Institute for Young Entrepreneurs (IFJ), 37.5% of the total 40,867 new entries in the commercial register between January and September were made by people without a Swiss passport. +Get the most important …

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