Nestlé exits global alliance to reduce methane emissions
2025-10-09
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 solar industry fears end of boom period
2025-08-21
Swiss solar panel company Mons Solar has filed for bankruptcy as the domestic industry faces a reduction in state subsidies. +Get the most important news from Switzerland in your inbox With the coronavirus pandemic and the energy crisis a few years ago, the market for solar systems experienced a veritable boom. Figures from the industry …
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Trump’s tariffs expose weakness of Switzerland’s economic independence
2025-08-12
It’s not often that Switzerland finds itself at the sharp end of a global trade dispute. Even less often is it singled out with punitive action from a major trading partner. But this month, the US imposed a 39% tariff on most Swiss goods after a seven-day grace period lapsed. It is a rate more …
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CEO of Swiss state-owned technology company Ruag resigns
2025-06-26
The head of the Swiss state-owned technology group Ruag International is stepping down after parliament decided against privatising its Beyond Gravity unit.
Swiss parliament rejects initiative to tax huge inheritances
2025-06-17
A national tax on million-franc inheritances for climate protection has no chance in parliament. +Get the most important news from Switzerland in your inbox On Tuesday parliamentarians also rejected an alternative constitutional article to the initiative put forward by the Juso, the youth section of the left-wing Social Democratic Party. The initiative will therefore be …
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Switzerland regains crown as world’s most competitive nation
2025-06-17
Switzerland has been ranked as the most competitive country in the world, having lost the title to Nordic and Asian rivals in recent years. +Get the most important news from Switzerland in your inbox According to an annual study by the Lausanne-based IMD business school, Switzerland has pushed Singapore and Hong Kong into second and …
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Datwyler to close Ohio site putting 70 jobs at risk
2025-06-11
The Uri-based industrial group Datwyler is streamlining its production network in the US. The closure of one site in Ohio will probably result in the loss of the vast majority of the 70 or so jobs there. Datwyler announced on Wednesday that the production and sales activities at the Vandalia site in Ohio will be …
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