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Latest Business news and updates from Switzerland. AI-curated articles covering Business topics.
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Siemens Switzerland plans to build a new headquarters in Zurich-Albisrieden, with completion expected by 2031. The technology group says its roughly 800 Zurich employees will move to the new site, alongside moderate expected staff growth.
about 4 hours ago · 1 source
UBS
The UK government tried to persuade UBS to move its legal headquarters and stock-market listing to London if Switzerland’s tougher capital rules prompted the bank to relocate. The discussions highlight the international stakes in Switzerland’s debate over UBS regulation.
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Richemont
Richemont is reportedly in talks to join a consortium seeking to buy diamond producer De Beers. The group includes former De Beers chief Gareth Penny, the governments of Namibia and Angola and other major diamond interests.
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Switzerland
Swiss commodities giant Glencore has begun trading on Australia’s ASX through depositary interests representing its shares. The secondary listing is designed to give the company access to Australia’s experienced commodities investor base.
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Chocolate
Swiss chocolate makers may be emerging from the worst of the cocoa crisis as prices fall from record highs and demand shows signs of recovery. Analysts caution that the turnaround remains fragile after poor harvests, plant disease and ageing trees disrupted supplies.
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Lindt
Lindt & Sprüngli has suspended plans for a flagship museum and retail store in Dubai, citing the regional impact of the war in Iran and concerns about weaker tourism and investment conditions in the Middle East.
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Galderma
Swiss dermatology company Galderma is expanding its presence in Miami, where a large plastic-surgery market and international medical tourism are helping drive rapid US growth. The new Americas headquarters will eventually accommodate about 200 employees.
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Nestlé
Nestlé says it continues to operate in Russia despite Moscow placing its local shares under court-ordered administration, leaving the Swiss group formally in ownership but temporarily without control.
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Business
Roche has opened a major research and development centre in Boston focused on cardiovascular, renal and metabolic diseases, expanding its US research footprint with space for up to 500 specialists.
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Business
Amazon has secured an option to acquire shares in Kühne+Nagel as part of a seven-year strategic partnership, potentially reshaping the relationship between the US e-commerce giant and the Swiss logistics group.
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Courts
A US judge has dismissed an oil trader’s lawsuit alleging that the UAE and Swiss investigative firm Alp Services orchestrated a smear campaign that contributed to the collapse of his company. The ruling cited sovereign immunity and other legal grounds.
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Economy
Federal economists have sharply upgraded Switzerland’s 2026 growth forecast to 1. 7%, citing unexpectedly strong second-quarter performance, while warning that momentum may moderate later in the year.
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Economy
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.
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Business
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.
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Business
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.
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Business
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.
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Business
Swiss food giant Nestlé faces the potential loss of control over five Russian subsidiaries after a local logistics firm petitioned President Putin for their "temporary state administration. " The move, citing a lack of expansion by Nestlé, has sent ripples through the Swiss market and highlighted the escalating risks for foreign companies in Russia.
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Business
Pharmaceutical giant Sandoz has signed a multi-million-dollar agreement with Shanghai Henlius Biotech to develop and commercialize up to ten biosimilars, significantly expanding its footprint in the generic biologics market.
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Economy
The first half of 2026 saw corporate insolvencies rise by nearly 55%, the highest figure in over three decades. The trend is attributed to a combination of economic factors and a change in law requiring more rigorous debt enforcement by public creditors.
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Politics
Citing a shortage of skilled workers in the private sector, a coalition of top Swiss business associations including economiesuisse has endorsed a popular initiative to impose limits on federal government personnel spending.
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