Switzerland Doubles Imports of Russian Gold Despite EU Sanctions

Switzerland significantly increased its imports of Russian-origin gold in the first half of this year, despite the ongoing sanctions regime. According to UN Comtrade data cited by RIA Novosti, Swiss purchases of the precious metal almost doubled...

Business News | KPI Green Energy Ltd.: India's First Externally Credit-enhanced Green Bond

PRNewswire Mumbai (Maharashtra) [India], September 17: As India's economy expands and energy demand rises, reliance on fossil fuels alone is no longer sustainable. KPI Green Energy is committed to driving this transition through clean...

Swiss panel audits 2022 contract, as F-35 cost surprise may shrink buy

BERLIN – Switzerland’s order of F-35 fighter jets from Lockheed Martin will be significantly more expensive than originally expected, prompting introspection in Bern about possibly altering the procurement. The original Swiss plan was for 36 jets...

Switzerland’s biggest bank UBS threatens to shift HQ to US

Switzerland’s biggest bank says new rules at home could push it abroad. UBS, one of the world’s most powerful wealth managers, has warned it might no longer keep its headquarters in Zurich. That came after the Swiss Government unveiled stricter...

Swiss National Science Foundation forced to make savings

Swiss National Science Foundation forced to make savings Keystone-SDA Listen to the article Listening the article Toggle language selector Select your language Close English (US) English (British) Generated with artificial intelligence. Close...

Swiss engineering giant ABB invests in California AI company

ABB invests in Californian AI company Keystone-SDA Listen to the article Listening the article Toggle language selector Select your language Close English (US) English (British) Generated with artificial intelligence. Close Share ABB has invested...

Swiss House of Representatives rejects plan to abolish marriage tax penalty

National Council recommends rejection of marriage penalty initiative Keystone-SDA Listen to the article Listening the article Toggle language selector Select your language Close English (US) English (British) Generated with artificial...

Industry Perspectives: Bridging gaps in commodity finance

The commodity finance market has become increasingly divided in recent years, with traditional banks concentrating their lending at the larger end of the market while smaller traders struggle to access adequate financing facilities. Launched in...

Berkshire Hathaway Specialty Insurance Enters the Accident & Health Market in the UK

BOSTON & LONDON--(BUSINESS WIRE)-- Berkshire Hathaway Specialty Insurance (BHSI) today announced the launch of Group Personal Accident and Business Travel Insurance in the UK, expanding the company’s global A&H footprint. “Employee safety and...

EXCLUSIVE: François-Henri Bennhamias’ New Holding Is About Challenging Luxury’s Business Ways

PARIS – Growth is good and the more, the better. That’s a paradigm seasoned executive François-Henri Bennahmias wants to challenge – and eventually change – across the luxury industry with The Honourable Merchants Group, unveiled Wednesday at a...

Autonomous Shuttle Pilot Reaches Level 3 Automation at Zurich Airport

Zurich Airport’s (ZRH) autonomous shuttle pilot project has officially begun allowing employees to ride on the buses at the airport, reaching another significant milestone in its journey toward full automation. Employees have been permitted to...

Mercosur signs free trade deal with four European countries

Awaiting approval of a free trade agreement with the 27 countries of the European Union (EU), the Southern Common Market (Mercosur) is moving forward with other partnerships to expand trade with the old continent. On Tuesday (Sep. 16), the group...

USD/CHF Outlook: Swiss Franc renews 15-year highs on shifting SNB doctrine

With the Swiss franc trading at multi-year highs since June, many expected the Swiss National Bank to intervene, in a return to its typical playbook. Having relied heavily on currency intervention to control CHF pricing in years past, it would...

Metaplanet Establishes U.S. Arm to Further Fuel its Bitcoin Business

Three proposals from Metaplanet have now been approved by its shareholders. First, Metaplanet will increase its authorized shares to 2.7 billion, giving it more room to raise capital and funds for the business. Secondly, a new dual-class preferred...

Community hopeful as New Bern Housing Authority reveals 30-30-30 redevelopment plan

The New Bern Housing Authority presented its final plan to rebuild the Trent Court community, which was heavily damaged by Hurricane Florence. The 30-30-30 plan will have mixed-income housing to welcome diverse residents and space for retail. It...

As FDA Cracks Down on Direct-to-Consumer and Social Media Ads, Pharma Companies Should Prepare

On Sept. 9, 2025, the U.S. Department of Health and Human Services and the Food and Drug Administration jointly announced a crackdown on deceptive direct-to-consumer (DTC) pharmaceutical advertising, including promotion through social media...

Ricola postpones new Swiss factory opening due to US tariffs

Ricola: new factory opening postponed, US duties weighed Keystone-SDA Listen to the article Listening the article Toggle language selector Select your language Close English (US) English (British) Generated with artificial intelligence. Close...

Pandemic was endurance test for Swiss multilingualism, according to study

Pandemic was an endurance test for multilingualism, according to study Keystone-SDA Listen to the article Listening the article Toggle language selector Select your language Close English (US) English (British) Generated with artificial...

Business News | Elite Elevators Unveils the X200 and X200 Mark II - Redefining Residential Mobility with Safety, Style, and Smart Innovation

VMPL New Delhi [India], September 17: Elite Elevators, a globally renowned leader in residential mobility solutions, today announced the launch of its latest innovations, the X200 Hydraulic Home Elevator and the advanced X200 Mark II. Entirely...

UAE joins international group to champion 'open and free' trade

The UAE has joined a group of 14 countries in an international initiative aimed at promoting “open and free” trade. The move comes amid growing risks of a trade war due to US tariffs, economic fragmentation and heightened barriers to the global...