Switzerland has one of the highest concentrations of Fortune 500 companies in the world.
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Swiss food giant Nestlé has opened a research and development centre in Beijing and a systems technology platform in Shenzhen, according to a statement released on Monday.
The amount of the corresponding investments has not been disclosed.
The multinational’s research and development centre in Beijing has 40 specialists and focuses on creating new food and beverage products for consumers in the Asian market.
The systems technology platform is an extension of Nestlé System’s Technology Centre in Orbe, western Switzerland. Researchers are designing new beverage manufacturing systems for Nestlé’s activities around the world.
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Ex-employee of Bank Pictet convicted of money laundering
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The Geneva-based bank Pictet has been fined CHF2 million for shortcomings in its organisation which enabled a former asset manager to commit serious money laundering.
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From the end of the year, there will no longer be a daily free newspaper in Switzerland: the TX Group is discontinuing the print version of "20 Minuten". Up to 80 full-time positions are to be cut in the editorial and publishing departments.
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The Swiss population is in favour of compulsory military service and closer ties with NATO. These are the findings of the "Security 2025" study.
Irregular migration to Switzerland halves year-on-year
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Irregular migration to Switzerland has decreased significantly. The figures from January to May show that only half as many illegal stays were recorded compared to the same period last year.
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The United Nations High Commissioner for Refugees (UNHCR) is to cut around 3,500 jobs as a result of financial cuts linked in particular to US decisions. Hundreds of temporary contracts will also be cut, the UN agency said in Geneva on Monday.
Swiss government to help cantons in expelling rejected asylum-seekers
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The federal government is to provide greater relief and support to the cantons when it comes to deporting people who are not entitled to asylum in Switzerland.
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One in four people in Switzerland feels stressed often or almost always. Among the under-30s, the figure is as high as 40%.
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The permafrost in the Swiss Alps is thawing faster and faster. The thawed top layers of permafrost have never been as thick as they were last year. This is shown by the latest data from the Swiss permafrost monitoring network Permos.
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Coca-Cola, PepsiCo and the Swiss food giant Nestlé are the world's biggest producers of plastic waste, according to an indicative study by Greenpeace.
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“We are fully committed to pursuing those who engage in egregious anticompetitive behaviour that harms Canadian consumers,” said interim competition commissioner John Pecman. “Price-fixing is a serious criminal offence and today’s charges demonstrate the Competition Bureau’s resolve to stop cartel activity in Canada.” The bureau said it must not only prove competitors had agreed to…
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If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.