Expatica Pattern
05/02/2020

Swiss firm ABB halts production in China over coronavirus 

The Swiss engineering company ABB has temporarily stopped production in China due to the coronavirus epidemic. The country is the group’s second largest single market and accounted for 15% of revenues in 2019, or the equivalent of approximately $4 billion…
23/01/2020

Venezuelan leader urges Swiss crackdown on illegal gold

Venezuela’s opposition leader Juan Guaido has urged Switzerland to crack down on illegal gold mining in the Amazon. Speaking at the World Economic Forum in Davos on Thursday, he accused those who purchase the precious metal of financing a “criminal conglomerate” and armed…
18/12/2019

Which Swiss companies made headlines in 2019?

Our analysis of what the biggest global companies in Switzerland are up to. This week: our top multinationals stories of 2019. The most expensive drug ever, mysterious vaping illnesses, and Switzerland’s shady gold origins: the biggest companies in Switzerland made…
02/12/2019

When Swiss companies get caught between a rock and a hard place

Our analysis of what the biggest global companies in Switzerland are up to. This week: operating in risky places, corruption investigations and calls for mandatory human rights due diligence. Swiss companies operate in some of the most complicated and risky…
18/11/2019

Swiss commodities trader under scrutiny over South Sudan payments 

A Swiss NGO has brought to light confidential documents attesting to the relationship between the Geneva-based commodities trader Trafigura and an alleged arms dealer in South Sudan. In December 2018, the United States placed retired Israeli Defence Forces Major General Israel Ziv under sanctions over the…
09/08/2019

Swiss companies keep watchful eye on Hong Kong protests

Democracy protests in Hong Kong have disrupted flights, closed shops and have placed the global spotlight on the Chinese territory. Swiss companies are monitoring the situation, wary that the chaos could impact their bottom line. While Hong Kong’s economy has…
08/08/2019

Glencore puts faith in ‘miners’ miner’ Freyberg to turn the tide

As Glencore’s chief executive Ivan Glasenberg scrambles to reassure investors that a poor first-half set of results will not be repeated, the spotlight has fallen on a veteran coal miner to tame the company’s once swashbuckling culture and put it…
16/07/2019

Swiss agree to extradite Chinese researcher in US corporate espionage case 

The Swiss Federal Office of Justice (FOJ) has approved the extradition of a Chinese researcher to the United States. Gongda Xue is charged with using trade secrets stolen from a factory of the British pharmaceutical group GlaxoSmithKline (GSK).  The decision was taken on July 12, from…
04/06/2019

NGO urges tougher rules for agricultural traders

Switzerland’s leading investigative NGO is calling for greater transparency and regulation of agricultural traders in the Alpine nation, pointing to the wide range of human and labour rights issues that arise in the low-income producing countries.  “Switzerland, as a home state to many of the…

In other news

31/01/2023

Expatica Launches Expansion to Italy
13/01/2023

SWISS pilots approve new collective labour agreement
13/01/2023

Switzerland’s largest ‘open air’ solar farm planned at Bern Airport
13/01/2023

UN urges charges dropped in Greek migrant rescue trial
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