Swiss English News · Est. 2024
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4 articles
Nestlé has unveiled a CHF 5 billion sustainability investment plan spanning the next five years, marking the Vevey-based food giant’s most ambitious environmental commitment to date. The plan, announced by CEO Laurent Freixe at a press conference at the company’s headquarters, targets a 50 percent reduction in Scope 1 and 2 greenhouse gas emissions by […]
The Swiss watch industry has closed 2025 with record-breaking export figures, as fourth-quarter shipments surged 14.2 percent year-on-year to reach CHF 7.8 billion, according to data released by the Federation of the Swiss Watch Industry. The full-year total of CHF 27.3 billion represents the highest annual figure ever recorded, surpassing the previous record set in […]
Zurich-based fintech company ClearPay Technologies has secured CHF 120 million in a Series C funding round led by Silicon Valley venture capital firm Sequoia Capital, with participation from existing investors including Swiss Re Ventures and UBS Next. The raise values the four-year-old startup at approximately CHF 800 million, making it one of the most highly […]
The Swiss National Bank has opted to keep its benchmark interest rate unchanged at 1.25 percent following its quarterly monetary policy assessment, citing persistent global economic uncertainty and a cautious domestic inflation outlook. The decision, widely anticipated by financial markets, reflects the central bank’s careful balancing act between supporting economic growth and maintaining price stability […]
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