Archive – Multinational Companies

Swiss pharma giant Novartis to close biotech firm Morphosys

This content was published on Dec 19, 2024 Novartis is closing the German biotech company Morphosys, acquired earlier this year, the pharma giant has confirmed.

KOF and federal economists lower expectations for the Swiss economy

Weak European growth dampens Swiss economic expectations

This content was published on Dec 17, 2024 The flagging French and German economies, plus a strong franc, have depressed expectations for Swiss economic growth both this year and in 2025.

The federal government should help the ailing Swiss steelworks

Electricity bills slashed to bailout struggling Swiss steelworks

This content was published on Dec 17, 2024 Swiss lawmakers have agreed to slash electricity bills at four struggling steel and aluminum plants in a rare bailout of a strategically important industry.

Sandoz reaches further settlement in the USA

Swiss drugmaker Sandoz settles US anti-trust charges

This content was published on Dec 17, 2024 Swiss generic drugs manufacturer Sandoz agrees to pay more than $500 million to settle legacy United States anti-trust legal issues.

Nestlé Waters: risk of Perrier production stoppage

Nestlé Waters faces Perrier production stoppage, French media report

This content was published on Dec 16, 2024 Nestlé Waters faces a possible halt to its production of Perrier mineral water in the south of France due to health risks, according to French news reports.

Swiss Re boss sees "trust deficit" after killing in the USA

Swiss Re boss warns of ‘trust deficit’ after killing of UnitedHealth CEO

This content was published on Dec 16, 2024 The murder of UnitedHealth Group executive Brian Thompson in the US and sympathy for the crime are worrying signs for insurers, according to Swiss Re CEO Andreas Berger.

Photo of a company with sign saying "Bimbo"

Swiss Federal Court upholds ban on Mexican food brand Bimbo’s trademark

This content was published on Dec 14, 2024 The Mexican food company “Bimbo” has been barred from registering its trademark in Switzerland due to the term's discriminatory connotations in German.

The left afraid of plant protection products, the right satisfied

Proposed simplified procedure for Swiss pesticide approval divides opinion

This content was published on Dec 11, 2024 It provides for a simplified procedure for plant protection products already authorised in a neighbouring EU country.

ChatGPT-related firm opens Zurich office

OpenAI to set up new office in Switzerland

This content was published on Dec 4, 2024 OpenAI, the maker of ChatGPT, says it intends to open an office in Zurich. The move is part of its European expansion plan, after setting up offices in London, Paris, Brussels and Dublin.

Council of States approves free trade agreement with India

Swiss Senate approves free trade agreement with India

This content was published on Dec 3, 2024 The Swiss Senate approves the free trade agreement between the European Free Trade Association and India.

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Archive – Multinational Companies

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Archive – Multinational Companies

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Swiss pharma giant Novartis to close biotech firm Morphosys

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Weak European growth dampens Swiss economic expectations

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Electricity bills slashed to bailout struggling Swiss steelworks

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Swiss drugmaker Sandoz settles US anti-trust charges

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Nestlé Waters faces Perrier production stoppage, French media report

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Swiss Re boss warns of ‘trust deficit’ after killing of UnitedHealth CEO

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Swiss Federal Court upholds ban on Mexican food brand Bimbo’s trademark

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Proposed simplified procedure for Swiss pesticide approval divides opinion

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OpenAI to set up new office in Switzerland

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Swiss Senate approves free trade agreement with India

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