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AI-curated news about Switzerland
The Australian pharmaceutical group CSL Behring has completed a transformation process at its Bern site, resulting in a reduction of its workforce by just under 10%. The company stated the move strengthens its long-term competitiveness.
The Swiss government has adopted a new package of sanctions against Russia, aligning with the European Union's 20th package. The measures include new service bans related to Russian liquefied natural gas (LNG) and the activation of an anti-circumvention tool.
Intense summer heat is prompting significant changes across Switzerland, with over half the population altering holiday plans according to a new survey. Meanwhile, teachers' unions are demanding urgent adaptations for school buildings ill-equipped to handle high temperatures.
The World Economic Forum is still courting Christine Lagarde, head of the European Central Bank, to become its next chair. The matter was reportedly discussed at a recent WEF board meeting as the organization seeks a successor to founder Klaus Schwab.
In response to European energy market uncertainties, the Swiss government has secured an option to purchase gas from the transit pipeline running from France to Italy. This measure is designed to enhance gas supply for the coming winter, particularly for industrial users.
Switzerland's economy demonstrated positive signs as exports surged by 13.8% in July, led by the chemical and pharmaceutical sector. Concurrently, the Swiss insurance sector reported a remarkable 136% year-on-year increase in aggregate annual profit for 2025.
The Swiss government has announced that the new system of individual taxation for married couples will not come into force until January 1, 2032. This decision provides cantons with the maximum possible time to amend their tax laws and social security deductions.
An optimized free trade agreement between Switzerland and China has been concluded, which will result in 99.8% of current Swiss exports entering the Chinese market duty-free after phase-out periods. The deal also secures market access for Swiss investors.
The Swiss government has announced a sharp financial turnaround, now forecasting a CHF800 million budget surplus for 2026 instead of a previously expected deficit, primarily due to a surge in corporate tax revenues.
Citing escalating security threats and the need to secure production timelines, the Swiss government has requested a supplementary credit of CHF970 million to significantly boost investment in short and medium-range air defence systems for 2026.
In a landmark ruling, the Swiss Federal Administrative Court has decided that asylum-seekers can be returned to Afghanistan, provided they have 'favourable individual circumstances,' marking a significant shift in Swiss repatriation policy.
The bodies of two Belgian mountaineers, who went missing in 1992, have been discovered in the retreating Trift Glacier in canton Valais. The finding is a stark reminder of the accelerating impact of climate change on the Swiss Alps.
The severe drought across Switzerland has pushed Lake Zurich to its lowest water level since records began. The crisis is also forcing farmers in multiple cantons to bring their cattle down from Alpine pastures prematurely due to a lack of water and fodder.
Switzerland's leading payment app, Twint, is set to introduce a direct debit service by 2027, offering its over six million users a streamlined way to manage recurring bills for subscriptions, insurance, and more directly within the app.
A study by Agroscope Zurich and the University of Hohenheim has led to the reclassification of wild honey bees as 'critically endangered,' prompting calls from conservation groups for systematic monitoring and habitat protection.
A Swiss Senate committee has advanced a proposal for an immigration tax as a new protective measure within the framework of negotiations with the European Union, going a step further than the government's proposed safeguard clause.
To combat the estimated 80 kilograms of food thrown away per person annually, Switzerland will hold its first National Week Against Food Waste from September 12-20, involving businesses, NGOs, and public authorities.
Swiss manufacturer Burckhardt Compression has announced significant job cuts, with 150 positions to be eliminated in Winterthur and 70 at international sites, as part of a plan to simplify its organizational structure and boost competitiveness.
With 2027 wage talks kicking off, trade union Travail.Suisse is calling for a 2% increase to offset inflation and rising living costs, a demand employers deem too high. This comes as new data shows a complex economic picture with rising employment but also an uptick in the unemployment rate.
The Swiss food giant faces a potential state takeover of five Russian subsidiaries after a local logistics firm petitioned President Vladimir Putin. The move, which could precede a change of ownership, highlights the escalating risks for Swiss companies still operating in Russia.
From trusted Swiss news outlets