Swiss Business News and Press Releases
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Travellers using AI to ‘holiday max’
Amsterdam/Chiasso - lastminute.com has today released its Travel Horizons report looking at the trends shaping Europe’s holiday habits, revealing an AI-powered ‘Holiday maxing’ mindset leading the way when it comes to booking and travel behaviours.
Chinese president Xi Jinping visits US | BBC News
US President Donald Trump has greeted his Chinese counterpart Xi Jinping with a military flyover and 100ft (30m) red carpet to kick off their three-day summit in Washington.
Extreme Regulatory Path Threatens Competitiveness of Switzerland's Banking Centre and Raises Costs for the Economy
The Swiss Bankers Association (SBA) has strongly criticised the extreme capital requirements for foreign shareholdings decided by the Council of States. A requirement to back 90 per cent of such holdings with hard core capital would entail disproportionately high costs and go far beyond international standards. The Council of States has also not followed the proposal put forward by its Committee on Economic Affairs and Taxation (EATC-S) to strengthen the internationally established AT1 instruments. As a result, these loss-absorbing instruments would not be taken into account when calculating capital requirements for foreign shareholdings. The consequences for the Swiss financial centre and the economy would be significant.
R&S Group signs frame contract with NeXtWind
R&S Group Holding AG has signed a framework agreement with NeXtWind for the project-based supply of power transformers. The transformers will be supplied through the ZREW brand and used in wind farm and repowering projects. The agreement strengthens R&S Group’s renewable energy business and supports the expansion of its production capacity in Poland.
Accelleron secures projects involving more than 100 ACCX300-L turbochargers
Accelleron has secured projects for more than 100 ACCX300-L low-speed turbochargers within four months of the platform’s commercial launch. The orders involve shipowners, engine builders and shipyards across the global maritime sector. First deliveries are scheduled for March 2027.
Cembra plans new headquarters in Baden
Zurich – Cembra plans to relocate its headquarters from Zurich Altstetten to Baden. The new location offers a modern, future-oriented working environment that is ideally aligned with the bank’s needs and its strategic development. The move is expected to take place in autumn 2027.
Sunrise Business and PHOENIQS: Switzerland gets its own enterprise AI
Sunrise Business and PHOENIQS are launching the Sunrise Business AI Assistant, a powerful Swiss enterprise AI solution for productive knowledge work, company knowledge and automation. The solution can be connected to existing business applications and combines AI chat, document analysis and intelligent agents on a single platform. All core AI components are provided and operated in Switzerland, with no data transferred abroad. With SME SecureConnect, Sunrise Business is also combining Internet, cloud calling and integrated cybersecurity in a new plug-and-work solution that provides an ideal foundation for the Sunrise Business AI Assistant. With these two new offerings, Sunrise is continuing to implement its B2B strategy and further evolving from a telecoms provider into an established ICT and AI partner for Swiss companies.
Update on past business activities involving Radiant World
Glencore refers to reports in the media regarding its past business activities with Radiant World and associated companies. Glencore has confirmed evidence that these companies sent falsified invoices and contracts as well as fabricated emails, which they fraudulently claimed to have received from Glencore personnel, to a number of financial institutions.
MindMaze Therapeutics Announces MindMotion Lite to Expand Home-Based Neurorehabilitation
Expected by year-end 2026, the new solution brings the full range of MindMotion neurotherapeutic activities to a tablet-based format designed for easier deployment at home.
EFG resolves longstanding legacy litigation
EFG International is announcing today that it has reached a final settlement with the Public Institution for Social Security (PIFSS) of Kuwait related to previously disclosed civil proceedings in the UK, which were brought by PIFSS against over 30 defendants. The settlement constitutes another important milestone in resolving legacy matters and in further de-risking EFG’s balance sheet.
On Enters Football alongside Kylian Mbappé
ZURICH, Switzerland – Thierry Henry is announced as Director of Football, having worked with On since 2025 on the brand’s entry into football.
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