Switzerland

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Ilaria Resta, CEO of Swiss watchmaker Audemars Piguet
Newsletters

Gen Zers are fueling sales of Audemars Piguet’s $40,000 watches. They ‘went through lots of crises’ and long for ‘treasures of the past,’ its CEO says

By Peter Vanham and Aslesha Mehta
March 26, 2024
Four European countries just signed a free-trade agreement with India—and committed to invest $100 billion
Finance

Four European countries just signed a free-trade agreement with India—and committed to invest $100 billion

By Ashok Sharma and The Associated Press
March 10, 2024
Swiss voters back boosting pensions—something they hadn’t done in 176 years—as high cost of living takes toll
Finance

Swiss voters back boosting pensions—something they hadn’t done in 176 years—as high cost of living takes toll

By Bastian Benrath and Bloomberg
March 3, 2024
Swans at Lake Geneva.
Leadership

Swiss commodities firm pays $661 million to settle ‘years-long bribery scheme involving high-level Ecuadoran officials’

By
March 2, 2024
An aerial drone view of the city centre of Zurich
Finance

Zurich paid city employees double their monthly salaries. Now it wants that $200 million back

By Bastian Benrath and Bloomberg
February 27, 2024
Nestle made big gains when high inflation gave it a reason to charge consumers more. But as prices level, the Nespresso maker says growth is set to cool
Retail

Nestle made big gains when high inflation gave it a reason to charge consumers more. But as prices level, the Nespresso maker says growth is set to cool

By Dasha Afanasieva and Bloomberg
February 22, 2024
Amid U.S. construction boom, world’s largest cement maker will spin off North American business, seek $30B valuation: ‘Two independent champions’
Finance

Amid U.S. construction boom, world’s largest cement maker will spin off North American business, seek $30B valuation: ‘Two independent champions’

By Allegra Catelli, Paula Doenecke, Eyk Henning and Bloomberg
January 28, 2024
people walking outside an IWC store
Retail

Cartier-owner Richemont’s earnings may show the bright spot that luxury companies have been waiting for—demand from Chinese shoppers

By
January 19, 2024
A man wearing a navy suit with a red tie among a group of panelists.
Newsletters

WEF president worries the world is looking too much like 19th-century Europe: ‘A lot of multipolarity, but not a lot of peace’

By Peter Vanham and Nicholas Gordon
January 16, 2024
Swiss chocolate maker Lindt’s record sales growth comes with a bitter twist—the customer swallowed much of the added costs
Retail

Swiss chocolate maker Lindt’s record sales growth comes with a bitter twist—the customer swallowed much of the added costs

By
January 16, 2024
French fashion brand Hermes store seen in Hong Kong airport.
Retail

Hermès billionaire heir moves to cut ties with his charity amid plans to adopt gardener and pass on part of his fortune

By Tara Patel and Bloomberg
December 19, 2023
View from sea of a lighthouse in Freetown in Sierra Leone. The first two of seven ships will be deployed off Sierra Leone and Cameroon for free early next year.
Retail

‘It’s like Lego.’ German entrepreneur seeks $269 million to revamp container ships for new modular floating hospitals

By Bloomberg and Sonja Wind
December 19, 2023
watch shopper
Lifestyle

‘I believe that we will never see this ever again’: High-flying Swiss luxury watch makers grounded as the great pandemic splurge peters out

By Andy Hoffman and Bloomberg
December 8, 2023
‘Zoogler’-packed Zurich just overtook New York as the most expensive city in the world
Finance

‘Zoogler’-packed Zurich just overtook New York as the most expensive city in the world

By
December 1, 2023
Alain Wertheimer and his brother Gerard Wertheimer attend the Prix de Diane Longines at Hippodrome de Chantilly on June 12, 2011 in Chantilly, France.
Success

Chanel heir with a $48 billion fortune is the richest person in Switzerland thanks to a post-pandemic luxury goods boom

By
November 27, 2023

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