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The organisers of the Geneva International Motor Show have encountered difficulties in their preparations for the 2025 edition. The signals from the market in favour of another edition were poor. When the organisers asked the manufacturers to prepare for the 2025 edition, "we had the impression that we were going against the market," Alexandre de Senarclens,...
During the European Football Championships in Germany and the Olympic Games in Paris, the Swiss government will step up border controls. The reason for this is the increased threat of terrorism in connection with these major sporting events. The governing Federal Council decided on Friday to increase checks between June and the beginning of September....
The major Swiss bank UBS has taken a decisive step forward in the integration of Credit Suisse. On Friday it completed the merger of the two legal entities UBS AG and Credit Suisse AG as planned. The "active support of the supervisory authorities worldwide" enabled the merger to be completed within the expected timeframe, the bank wrote in a press release...
The Japanese pharmaceutical company Takeda has announced a reduction of up to 120 jobs at its site in Opfikon. The statutory consultation process is currently underway. A Takeda spokesperson confirmed a report published in the Neue Zürcher Zeitung paper on Friday. The background to the planned redundancies is a company-wide, multi-year efficiency programme....
The price difference for medicines between Switzerland and other countries has further increased. In Switzerland, patent-protected medicines cost on average 8.9% more than in other European countries. A year ago, the price difference was 5.4%. People abroad now pay 14.3% less for off-patent original preparations. A year ago, the price difference was...
China has expressed scepticism about participating in the Ukraine peace summit in Switzerland. Under the current conditions, it would be ‘difficult’ to take part in the conference planned for June, a foreign ministry spokesperson said. "There is a clear discrepancy between the arrangements for the conference on the one hand and China's demands and the...