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4 articles

Nestlé Announces Major Sustainability Investment Plan
Business · 7 hours ago

Nestlé Announces Major Sustainability Investment Plan

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 […]
Swiss Watchmakers Report Record Export Growth in Q4
Breaking News · 7 hours ago

Swiss Watchmakers Report Record Export Growth in Q4

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 Fintech Startup Raises CHF 120M in Series C Round
Business · 7 hours ago

Zurich Fintech Startup Raises CHF 120M in Series C Round

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 […]
Swiss National Bank Holds Rates Steady Amid Global Uncertainty
Business · 7 hours ago

Swiss National Bank Holds Rates Steady Amid Global Uncertainty

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 […]