Category Archive: 3.) Swissinfo Business and Economy

Roche faces strong currency winds in first quarter

Swiss pharma firm Roche suffered from exchange rate effects in the first quarter. Sales in the reporting currency, the Swiss franc, were thus below the previous year's figure after the first three months. +Get the most important news from Switzerland in your inbox Roche generated sales of CHF14.7 billion ($18.7 billion) between January and March. …

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Swiss defence firm RUAG to rely entirely on Swiss AI

Artificial intelligence sovereignty is becoming a major strategic issue for the military. Swiss defence firm RUAG has partnered with a Lausanne-based startup to develop a fully Swiss and independent AI tool designed for processing sensitive data. +Get the most important news from Switzerland in your inbox In Thun, at RUAG’s headquarters, the company recently presented …

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How Nestlé’s pioneering China business fell into disarray

Chinese distributors are chasing the Swiss giant for refunds after it allegedly oversupplied the market as demand dropped. In China’s Hebei province Feng Liqing has a 100 square metre warehouse full of boxes of Nestlé infant formula and milk powder. The problem is she can’t sell any of it. Feng, a Nestlé distributor since 2018, …

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UBS rejects Swiss government proposal on capital requirements

Swiss bank UBS is opposed to a proposal from the Swiss government to increase capital requirements, deeming the package "extreme" and "not taking into account the concerns" expressed during the consultations. +Get the most important news from Switzerland in your inbox UBS remains firmly opposed to the proposed package of measures, the bank stressed in …

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Swiss government wants UBS to increase its capital by $20 billion

The Swiss government has approved a tightening of the screws for systemically important banks. They will have to cover all holdings in foreign subsidiaries. Parliament will debate this law, which targets UBS in particular, from the summer session onwards. The Swiss government wants to avoid another banking collapse. At present, UBS, Switzerland's only too-big-to-fail bank, …

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A God complex, Apple’s leadership change and tech goes to war

The United States has the Swiss media guessing about the future of technology firms in conflicts, how John Ternus will fill Tim Cook’s shoes as Apple CEO – and whether Donald Trump has divine powers. Welcome to our press review of events in the United States. Every Wednesday we look at how the Swiss media … Continue...

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Swiss government in favour of expanding Sunday shopping

On Wednesday, the Swiss government said it was in favour of shops staying open on 12 Sundays a year, compared with four at present. The recommendation was criticised by the unions. In a press release, the Federal Council welcomes the proposal of the Economic Affairs and Taxation Committee of the Senate. However, the government will …

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Trump steps up pressure on Switzerland

American President Donald Trump has once again publicly criticised Switzerland. According to him, the Alpine nation earns billions at the expense of the United States. "Switzerland presents itself as a 'small and brilliant' country," Donald Trump said on Tuesday in a telephone interview with CNBC. "They're brilliant because they pay us almost nothing. Now they …

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Swiss employees prioritise stability over promotions

In uncertain times and in the face of AI disruption, employees in Switzerland are increasingly focusing on stability. Amid advances in artificial intelligence and economic uncertainty, employees in Switzerland are increasingly focusing on greater stability. Praise, appropriate remuneration and flexibe working conditions are becoming more important than additional benefits or promotions. +Get the most important …

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Switzerland’s global trade falls off at start of year

Swiss exports and imports declined in the first quarter of the year. The chemical and pharmaceutical sectors and exports to the United States were hardest hit. +Get the most important news from Switzerland in your inbox Exports fell by 4.2% in the first three months of the year compared to the previous quarter, reaching CHF66.94 …

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Technical glitch reduces Zurich airport landing capacity

A technical glitch has forced Swiss air traffic control service Skyguide to reduce landing capacity at Zurich airport by 30%. +Get the most important news from Switzerland in your inbox The action is being taken as a precautionary measure until the technical issue in its control centre can be fixed. The problem at the control …

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Swiss aviation fuel reserves below mandatory levels

Swiss fuel reserves lag below regulatory limits in the midst of an oil supply squeeze caused by the Middle East conflict. +Get the most important news from Switzerland in your inbox The target for the range of compulsory stocks of aviation petrol is three months, or 90 days, of average sales over the last three …

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Switzerland’s nuclear revival on track in parliament

A Swiss parliamentary committee has supports the lifting of a ban on the construction of new power plants as part of the debate on the "Stop the blackout" initiative. +Get the most important news from Switzerland in your inbox The House of Representative's energy committee decision followed in the footsteps of the Senate. The popular …

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Swiss meat substitute firm Planted sheds senior positions

Swiss meat substitute manufacturer Planted has reduced its workforce in recent months, particularly at management level. +Get the most important news from Switzerland in your inbox The company is talking about measures to increase efficiency. Several managers have left Federal Institute of Technology Zurich spin-off Planted in the past nine months. They include the former …

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Swiss Flüela pass awakens from winter hibernation

The road pass from Davos to Susch in the Lower Engadine region of Switzerland reopens on Tuesday at 4pm after being closed for the winter. +Get the most important news from Switzerland in your inbox This is the first step towards lifting the winter closure in Graubünden. The Oberalp and Splügen will follow in the … Continue...

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Demand soars for Swiss alpine huts

Huts run by the Swiss Alpine Club (SAC) are becoming increasingly popular. With 409,000 overnight stays last year, the occupancy rate was 12.7% higher than in 2024. +Get the most important news from Switzerland in your inbox The winter season made a particularly strong contribution to this result. As a result, 2025 will go down …

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Swiss switch to local wines as market declines

The Swiss again drank less wine last year, but consumed 2.3% more domestic brands, according to the Federal Office for Agriculture. +Get the most important news from Switzerland in your inbox Total wine consumption fell to 211.2 million litres. This corresponds to a decline of 3.3% compared to the previous year. Consumption of red wine …

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Swiss financial regulator significantly more active in 2025

The Swiss Financial Market Supervisory Authority (FINMA) concluded significantly more proceedings against financial institutions and individuals last year. +Get the most important news from Switzerland in your inbox Once again, it carried out numerous inspections at banks and insurance companies. The volatile environment intensified in 2025 and led to increased financial and non-financial risks, FINMA …

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Swiss wages rose significantly in 2025

Wages in Switzerland rose significantly in 2025, resulting in the strongest real pay increase for many years. +Get the most important news from Switzerland in your inbox According to calculations by the Federal Statistical Office (FSO), nominal wages rose by an average of 1.8% in 2025. In the last estimate from the end of 2025, …

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How Switzerland bought rapid access to Covid vaccines

The long-awaited publication of contracts between the Swiss government and vaccine makers has revealed the extent to which Switzerland was willing to go to secure rapid access to Covid vaccines. Last Thursday, the Swiss government published unredacted contracts signed with two Covid vaccine manufacturers – Moderna and Novavax – for the first time. The move …

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