Category Archive: 3.) Swissinfo Business and Economy
Swiss generics maker Sandoz signs deal with Rwandan government
Sandoz has signed an agreement with the Rwandan government for the direct supply of essential medicines, including antibiotics and cancer drugs. +Get the most important news from Switzerland in your inbox In addition to Rwanda, the supply is intended to include selected African partner countries and could be expanded in the future. The agreement with …
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From e-cigarettes to lab devices: surprising facts about Swiss patents
Switzerland is the most innovative country in Europe in terms of patents, according to statistics from the European Patent Office (EPO) in Munich. Swiss companies, researchers and developers registered 9,914 patents last year – more per capita than anywhere else. Here are the five most exciting points about the new statistics. 1 Roche beats Novartis …
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Passenger numbers at Zurich airport rose in March despite Iran war
Zurich Airport has continued its upward trajectory despite the war in Iran. Passenger numbers climbed again in March. The shops also made more turnover. +Get the most important news from Switzerland in your inbox In March, 2.47 million passengers travelled through Zurich Airport, according to a press release issued on Tuesday evening. This represents an …
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Geneva watch fair expects record attendance
For the Swiss watch industry, physical events, like the Geneva watch fair, are of great importance after the coronavirus pandemic, despite growing digitalisation. +Get the most important news from Switzerland in your inbox Cyrille Vigneron, president of the Watches and Wonders Geneva Foundation (WWGF), said such fairs are special. + Swiss watchmakers feel pinch amid …
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SWISS continues to suspend flights to Dubai
Swiss International Air Lines (SWISS) will continue to suspend its flights to and from Dubai until July 11 due to the uncertain situation in the Middle East. +Get the most important news from Switzerland in your inbox This was announced by the airline on Tuesday. It was previously known that the flights would be cancelled … Continue...
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Switzerland hit by stricter EU steel import rules
The Swiss steel industry is facing tougher European tariffs after the European Union tightened import rules to protect the industry. +Get the most important news from Switzerland in your inbox EU member states and parliament have agrred that in future the duty-free import volume for steel will be limited to 18.3 million tonnes per year, …
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Swiss bubble-car maker cries foul over incentives limited to large EVs
The entrepreneur behind the Micro scooter craze that took the world by storm is taking on the Swiss government over climate benefits that exclude his latest venture – the Microlino electric “bubble car”. Wim Ouboter is contesting Switzerland’s carbon trading regulations, arguing they unfairly exclude his two-seat electric vehicle (EV) from a system that financially …
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‘No to ten million’ vote – should Switzerland cap its population?
On June 14, Swiss voters will head to the polls to decide on the “No to ten million” initiative, which seeks to cap immigration. What impact would such a restriction have on the country? How did this initiative come about? The right-wing Swiss People’s Party launched the “No to ten million” immigration initiative, arguing that …
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Criminal investigation launched after Swiss minister’s chatbot misogyny complaint
Following a complaint lodged by Swiss Finance Minister Karin Keller-Sutter, the Bern public prosecutor's office has opened an investigation over insult and defamation. A user of the social network X prompted the AI Grok chatbot to conjure insults against the minister. The Bern public prosecutor's office confirmed to news agency Keystone-SDA that it had launched …
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Cement firm Lafarge found guilty of financing terrorism in Syria
French cement manufacturer Lafarge and eight former executives were found guilty on Monday of financing terrorism in 2013 and 2014, for paying jihadist groups to keep a factory running in the midst of the war in Syria. The company, which has since been merged with Swiss cement manufacturer Holcim group, made payments to three jihadist …
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Geneva-based shipping giant MSC handed over to next generation
Mediterranean Shipping Company (MSC), the world's leading Italian-Swiss container shipping group, announced the transfer of ownership from its founder Gianluigi Aponte to his children Diego and Alexa Aponte. The transition, which took place during the last quarter of 2025, represents a significant milestone in the history of the Geneva-based company, a note explained. MSC will …
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Switzerland wants a global roadmap to phase out fossil fuels
With oil and gas at the center of global tensions, a first-of-its kind international conference in Colombia aims to revive the transition away from fossil fuels. Switzerland supports establishing a clear plan for phasing them out. The Conference on Transitioning Away from Fossil Fuels – scheduled April 24 to 29 in Santa Marta, Colombia – …
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‘The transition away from fossil fuels is a prerequisite for global peace’
The Conference on Transitioning Away from Fossil Fuels, taking place in Santa Marta, Colombia, is the first international summit dedicated to ending the production of coal, oil and gas. Alex Rafalowicz of the Fossil Fuel Treaty Initiative shares his views on the impact of the conflict in the Middle East on the phase‑out of fossil …
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Switzerland’s Zug becomes bolt-hole for Gulf-based wealth
In search of a haven from conflict in the Gulf, Dubai’s expatriates are homing in on Zug – a picturesque Swiss canton of just 135,000 people better known for commodity traders and cryptocurrency firms. The influx includes wealthy individuals, family offices and companies, according to Heinz Tännler, Zug’s finance director, who said interest had picked …
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Cervelat, the ‘Swiss national sausage’
What is the Swiss national dish? It’s a tricky question, as culinary specialities are usually linked to a specific canton or region. But the cervelat is a serious contender. This small, plump, pink sausage – unpretentious yet steeped in history – has been a fixture on plates, in rucksacks, on barbecues and in surprisingly passionate …
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Swiss entrepreneurs are staying put in Dubai
Despite the conflict in the region and its impact on investments, Swiss entrepreneurs based in Dubai are determined not to leave the Emirati city that has become their home. They also reject criticism regarding the tax benefits they enjoy. Dubai is a city of glitz and tax breaks for some and a land of endless … Continue reading...
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Israel’s death penalty, domestic violence hotline and a wealthy family’s donation plans
What do you think about this week's stories? Let us know in the comments.
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Swiss mountain top revolving restaurant to be replaced
The revolving panorama restaurant at the top of the Stanserhorn mountain in Switzerland is to make way for a new building. + Get the most important news from Switzerland in your inbox The revolving restaurant at 1,898 metres, which opened in 2001, will be replaced with a CHF34 million new project. The new building, designed …
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Lufthansa strike leads to flight cancellations in Switzerland
A strike by Lufthansa flight attendants also impacted air traffic in Switzerland. There were eight flight cancellations in Basel, four in Geneva and six in Zurich on Friday. + Get the most important news from Switzerland in your inbox At the end of the Easter travel wave, Lufthansa cabin crew went on strike, leading to …
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Trio to stand trial for attempted extortion of Swiss bank
Three men are to stand trial for attempted extortion of the Zurich Cantonal Bank. The trio are said to have stolen customer data and demanded CHF3 million worth of bitcoin. + Get the most important news from Switzerland in your inbox The accused are alleged to have made their blackmail attempt in September 2024, demanding …
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