Drugmaker Novartis (NOVN.S) will cut about 2,200 jobs in Switzerland over the next four years as it consolidates production and shifts positions elsewhere to boost profitability, the Swiss company said on Tuesday.
The re-introduction of economic sanctions against Iran by the United States is unlikely to have a major impact on Swiss businesses in the Islamic Republic, Switzerland's State Secretariat for Economic Affairs (SECO) said.
Switzerland’s Ministry of the Economy has filed a formal complaint against US tariffs imposed on aluminum and steel at the World Trade Organization (WTO), becoming the eighth member of the body to file such an objection.
An increasingly confident Sweden is relishing the prospect of a World Cup quarterfinal clash against England after displaying the best of its battling qualities in a 1-0 win over Switzerland in Tuesday’s Round of 16 tie.
Iranian President Hassan Rouhani is scheduled to leave for Switzerland and Austria tomorrow to discuss ways of improving mutual relations with the European countries’ officials following the US withdrawal from the 2015 nuclear agreement.
Swiss Secretary of State for Foreign Affairs Pascale Baeriswyl highlighted Iran’s contribution to regional peace and stability, expressing hope that her country, together with Iran and other countries, could help resolve the crisis in Yemen.