Archive – Multinational Companies

Only 18 Swiss companies have completely exited Russia, says Yale professor

Protesters in Bern holding signs asking Novartis and Roche to stop doing business in Russia

This content was published on Feb 19, 2023 Firms like ABB, Holcim and Vitol are among the few Swiss businesses that have cut ties with Russia, says professor Jeffrey Sonnenfeld.

Switzerland helps China Inc satisfy its itch for overseas listings

This content was published on Feb 17, 2023 The number of Chinese companies going public in Switzerland since July has surpassed expectations according to the head of the Swiss bourse.

People with Italian flag waiting outside court

Swiss industrialist partly cleared by Italian court in asbestos death

This content was published on Feb 16, 2023 A court in Italy has reduced a sentence against Swiss entrepreneur Stephan Schmidheiny over the death of a worker in an asbestos cement factory.

Hefty fines against Swiss pharma giants lifted

This content was published on Feb 16, 2023 A court in France has overturned a fine imposed by the French competition authority against the Swiss pharmaceutical companies Novartis and Roche.

Glencore sees earnings reach new highs in 2022

This content was published on Feb 15, 2023 Profits at Swiss mining and trading group Glencore last year were boosted by the explosion in commodity prices.

More Swiss companies pledge to cut sugar

This content was published on Feb 14, 2023 Ten more Swiss companies agree to reduce sugar in the soft drink, cereals and dairy products they produce or sell.

Swiss multinationals slammed over ‘misleading’ climate claims

This content was published on Feb 13, 2023 Large international companies are accused of making misleading net-zero promises. Swiss ones like Nestlé and Holcim, according to a report.

Magnitsky Affair: Switzerland to return suspect millions to Russia

This content was published on Feb 10, 2023 Switzerland will return the money seized from three Russian citizens accused of taking part in one of the world's most notorious frauds.

Commodities trader Trafigura stung by ‘CHF500 million fraud’

This content was published on Feb 9, 2023 Swiss commodities trader Trafigura says it has been defrauded to the tune of $577 million by fake nickel shipments.

Rethinking artisanal cobalt mining in the DRC

This content was published on Feb 9, 2023 Formalising artisanal mining offers the best shot at ending human rights abuses in the cobalt supply chain, says a Swiss human rights expert.

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