Archive – Multinational Companies

Fear of trade war puts pressure on stock markets

This content was published on Feb 3, 2025 Global stock markets, including Switzerland, face losses on news of US tariffs against Canada, Mexico and China.

Swissmem: Trump tariffs also affect the Swiss economy

Trump tariffs ‘poison’ for Swiss manufacturing

This content was published on Feb 3, 2025 Tariffs imposed by the United States against Mexico, Canada and China also impact on Switzerland, according to manufacturing lobby group Swissmem.

Bankruptcy of Depot decoration stores in Switzerland

Swiss home supplies chain store Depot goes bust

This content was published on Jan 31, 2025 The Depot home supplies chain has entered bankruptcy proceedings in Switzerland. A total of 34 branches are affected.

Nestlé Waters on trial in France over illegal waste dumps

This content was published on Jan 31, 2025 Bottled water producer Nestlé Waters to stand trial, accused of illegally dumping waste and maintaining unauthorised dumps.

Trafigura trial: company fined, defendants jailed

Trafigura and ex-COO convicted of bribery by Swiss court

This content was published on Jan 31, 2025 Swiss commodities trader Trafigura fined CHF3 million for Angolan bribery, while three defendants are handed prison sentences.

Novartis says new therapies will drive growth

Novartis forecasts profit gains despite copycat competition

This content was published on Jan 31, 2025 Novartis said profit will rise this year as new medicines help offset competition from copycats of its best-selling drug.

Nestlé: $1 billion to boost production in Mexico

Swiss food giant Nestlé to invest $1 billion in Mexico

This content was published on Jan 29, 2025 Mexican president Claudia Sheinbaum said this investment is part of a government initiative to replace Chinese imports and enhance domestic production.

Growth in electric vehicle sales is flagging

This content was published on Jan 27, 2025 Despite selling more than ten million purely battery-powered vehicles worldwide last year, growth in the e-car market is slowing.

SGS and Bureau Veritas cancel merger talks

This content was published on Jan 27, 2025 The Geneva-based goods auditor SGS will not go ahead with a planned merger with French competitor Bureau Veritas.

Chip production at the factory of Espros Photonics Corporation (EPC) in Sargans, canton of St. Gallen (2013).

US restricts Switzerland’s access to AI chips

This content was published on Jan 26, 2025 Switzerland is excluded by the US from the allied countries for unlimited access to chips required for artificial intelligence.

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Archive – Multinational Companies

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Archive – Multinational Companies

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Fear of trade war puts pressure on stock markets

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Trump tariffs ‘poison’ for Swiss manufacturing

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Swiss home supplies chain store Depot goes bust

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Nestlé Waters on trial in France over illegal waste dumps

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Trafigura and ex-COO convicted of bribery by Swiss court

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Novartis forecasts profit gains despite copycat competition

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Swiss food giant Nestlé to invest $1 billion in Mexico

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Growth in electric vehicle sales is flagging

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SGS and Bureau Veritas cancel merger talks

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US restricts Switzerland’s access to AI chips

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