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With US in retreat, can Switzerland maintain fight against kleptocracy?
2025-09-11
The tough task of stopping illicit financial flows and returning stolen assets is being complicated by slow progress and waning US leadership. When public officials steal millions from state coffers, it’s ordinary people who suffer. In Nigeria, for example, patients seeking treatment at understaffed hospitals fail to receive proper care, said David Ugolor, executive director …
Zurich authorities want ‘no taxpayer money for terrorists’
2025-09-08
Zurich cantonal parliament has voted against recognising the state of Palestine. However, it has provisionally supported a motion calling for “no taxpayers’ money for terrorists”, with 77 votes in favour. +Get the most important news from Switzerland in your inbox The individual initiative “No tax money for terrorists” was not explicitly directed against an organisation, …
On shoes Swiss cross IP dispute set for court ruling
2025-09-05
The dispute between shoe manufacturer On, the Swissness Enforcement Association (SEA) and the Swiss Federal Institute of Intellectual Property (IPI) over the use of the Swiss cross on shoes made abroad is moving up a gear. +Get the most important news from Switzerland in your inbox Following a meeting between the two parties on Wednesday, …
On faces complaint over use of Swiss cross on shoes made in Asia
2025-09-03
The On company is again the subject of criticism because of the Swiss cross on its shoes. +Get the most important news from Switzerland in your inbox According to the Swiss newspaper Blick, Swissness Enforcement (SE) – an association campaigning for compliance with the legislation protecting the indication of Swiss origin – lodged a complaint …
Nestlé sacks CEO Laurent Freixe after affair with employee
2025-09-02
Swiss food giant Nestlé has dismissed its CEO, Laurent Freixe, with immediate effect. The move follows an investigation into a previously undisclosed relationship with a female employee who reported directly to him. +Get the most important news from Switzerland in your inbox The board of directors saw Freixe’s behaviour as a violation of the Nestlé …
Swiss machinery sector continues to suffer from shrinking demand
2025-08-26
The Swiss machine and engineering industry remains caught in a downward spiral. In the current year, the number of orders have continued to fall, as has turnover. The industry association Swissmem assumes that the order situation will deteriorate even further. The main reason for this is the US tariff hike at the beginning of August. …
Chinese firm Baidu to launch European robotaxi business in Zurich
2025-08-25
The Chinese technology group Baidu is set to establish a presence in Zurich to launch driverless vehicles in Europe. This was announced by Yong Gessner, the European head of Baidu’s Intelligent Driving Group, in the Neue Zürcher Zeitung on Monday. + Get the most important news from Switzerland in your inbox Gessner told the newspaper …
Swiss pharma firm Sandoz invests $440 million in Slovenia
2025-07-02
Sandoz is expanding its presence in Slovenia. The Basel-based generics giant has launched the construction of a new biosimilars production centre in Brnik at a cost of $440 million (CHF349 million). +Get the most important news from Switzerland in your inbox The announcement brings current and planned investments in the small Alpine country to more …
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