Tag Archive: Latest news

Stop organic farming to help future food crisis, says Syngenta boss

2022-05-09

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2022-05-09

Erik Fyrwald, the CEO of the Swiss agrochemicals group Syngenta, has called for an end to organic farming to avoid a worsening food crisis. The president of the Swiss Small Farmers’ Association meanwhile dismissed his arguments as “grotesque”.

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Historians trace Elon Musk’s Swiss roots to Emmental

2022-05-05

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2022-05-05

Tesla CEO Elon Musk has roots in a small, picturesque farming region in central Switzerland. Using genealogy websites and local archives, historians have been able to connect Musk with the Haldimann name, which is still present in the Emmental region today.

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Rising prices put pressure on Swiss consumers and industry

2022-05-03

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2022-05-03

Consumers in Switzerland are much more pessimistic about the general economic situation, with households feeling the strain as prices continue to rise, a new survey shows.

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Energy prices: government considers measures to help households

2022-04-23

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2022-04-23

The Swiss government has set up a working group to examine whether measures are needed to relieve the burden on households caused by rising energy prices.

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Easter march through Bern addresses war in Ukraine

2022-04-21

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2022-04-21

The traditional Easter march has taken place in the Swiss capital, Bern. This year the “Walk for Peace” focused on issues including the climate and Russia's invasion of Ukraine.

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Swiss consumed 4.3 percent more electricity in 2021

2022-04-18

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2022-04-18

The Alpine nation consumed 2.4 million kilowatt hours (kWh) more electricity in 2021, equivalent to the annual consumption of 479,800 households. “In addition to the pandemic-related 'compensatory effects' in the second quarter, general economic development, the weather and population development increased consumption in 2021,” said the Swiss Federal Office of Energy (SFOE) on Thursday.

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Switzerland has frozen CHF7.5bn in assets under Russia sanctions

2022-04-08

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2022-04-08

Switzerland has so far frozen some CHF7.5 billion ($8 billion) in funds and assets under sanctions against Russians to punish Moscow’s invasion of Ukraine.

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Swiss consumers spend big on organic products

2022-04-08

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2022-04-08

The organic food market in Switzerland experienced slower growth in 2021 than the previous year. However, consumers are spending more than ever on organic products.

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Ukrainian refugees can benefit Swiss economy, says expert

2022-04-06

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2022-04-06

Switzerland can cope with a large number of Ukrainian refugees, and their skills can benefit the economy, says migration expert Thomas Kessler. “The Ukrainian women will provide new impetus in this country,” he told the SonntagsBlick newspaper. “Especially in the IT sector, the Ukrainians are more advanced than Switzerland. In addition, it is normal in Ukraine for women to study natural sciences.”

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Switzerland slaps more sanctions on Russia

2022-04-01

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2022-04-01

The Swiss government on Friday adopted additional sanctions against Russia for its ongoing war in Ukraine but did not ban the Russian state TV channels Sputnik and Russia Today like the European Union.

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Credit Suisse Vice Chair Schwan steps down from board

2022-03-25

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2022-03-25

Credit Suisse announced on Monday that Vice-Chair Severin Schwan would not stand for re-election. This follows a reported rebellion by large shareholder groups at the Swiss bank. “Severin Schwan, who joined the Board in 2014 and has acted as Vice-Chair and Lead Independent Director since 2017, has decided not to stand for re-election,” Credit Suisse said in a statementExternal link on Monday.

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Experts warn of hit to economy without Russian oil and gas

2022-03-16

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2022-03-16

Renouncing Russian oil and gas would have serious consequences for the Swiss economy, an expert from the KOF Swiss Economic Institute has told a Sunday newspaper.

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Switzerland approves CHF80 million in emergency aid for Ukraine

2022-03-13

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2022-03-13

The Swiss government has boosted its humanitarian support to victims of the war in Ukraine. On Friday it approved CHF80 million ($86 million) as an “expression of its solidarity with Ukrainians in need”.

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Switzerland listed as ‘unfriendly’ country by Russia

2022-03-10

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2022-03-10

Russia has drawn up a list of around 50 countries, including Switzerland, that have committed “unfriendly actions” against Russia, its companies and citizens, in the wake of severe economic sanctions over the war in Ukraine, the Russian state media agency TASS reports.

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Swiss parliament paves way for genome editing

2022-03-09

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2022-03-09

The Swiss parliament has decided to ease restrictions on genetic engineering in agriculture, while extending in principle a moratorium for genetically modified organisms (GMOs) until 2025.

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Swiss emergency relief supplies arrive in Ukraine

2022-03-08

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2022-03-08

Around 35 tonnes of emergency aid, including medical equipment and tents, sent from Switzerland to help victims of the war in Ukraine have arrived in the capital, Kyiv.

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Prosecutor calls for maximum fine for Credit Suisse

2022-02-24

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2022-02-24

The Office of the Attorney General of Switzerland has demanded Credit Suisse be fined CHF5 million ($5.4 million) – the maximum provided for by law – for aggravated money laundering and subsidiary support of a criminal organisation.

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SWISS suspends flights to Ukraine

2022-02-19

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2022-02-19

Other airlines in the Lufthansa Group also announced plans to halt flights to the country. © Keystone / Christian Beutler Amid further escalations of the crisis in Ukraine, Swiss International Airlines has decided to temporarily suspend flights to Ukraine from next week. This affects flight connections in Kyiv. This content was published on February 19, 2022 - 17:22 February 19, 2022 - 17:22 Keystone-SDA/jdp All flights will be...

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Swiss firms rank low in European ‘Gender Diversity Index’

2022-01-22

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2022-01-22

The proportion of women in leading positions at major European companies rose slightly last year but progress is slow, according to a new study that compares 19 countries. Switzerland was ranked near the bottom of the 2021 “Gender Diversity Index”.

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Pandemic drives Swiss Post parcel deliveries

2022-01-20

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2022-01-20

The state-owned Swiss Post processed a record number of parcels last year, but the downward letter mail continued. Parcel deliveries increased by 9.6% to 202 million in 2021, according to the state-owned company.“

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