Skip to content
World Today News
  • Business
  • Entertainment
  • Health
  • News
  • Sport
  • Technology
  • World
World Today News
  • Business
  • Entertainment
  • Health
  • News
  • Sport
  • Technology
  • World
Saturday, December 6, 2025
World Today News
World Today News
  • Business
  • Entertainment
  • Health
  • News
  • Sport
  • Technology
  • World
Copyright 2021 - All Right Reserved
Home » Economy and finance » Page 5
Tag:

Economy and finance

Business

Pierre de Meuron: Swiss Architect Urges Better Design in Geneva

by Priya Shah – Business Editor September 3, 2025
written by Priya Shah – Business Editor

Swiss Architect Pierre de ​Meuron Champions Enduring, Aesthetically pleasing Social Housing

Geneva, Switzerland – Renowned architect Pierre de Meuron of Herzog & de Meuron​ envisions ‌a future where social housing prioritizes both architectural​ quality and environmental sustainability. Speaking with RTS.ch, de Meuron stated, “I dream of making social housing that has an architectural quality ⁤and which also‍ have this notion of sustainability of resources ‌in time and space.”

Herzog & de Meuron’s portfolio includes globally ⁤recognized landmarks such as the Philharmonie de l’Elbe in Hamburg,the beijing National​ Stadium (“Bird’s Nest”),and the Tate Modern in London,and also⁤ the Triangle Tower currently under construction in Paris. De Meuron predicts their next important project ⁣will focus on “pushing sustainability to the extreme,” emphasizing the responsibility of architects and companies to utilize resources ⁢effectively.

The architect also hinted at a forthcoming project in French-speaking Switzerland,​ stating, “He is simmering. I​ cannot say where he will be, but you will soon have more information.” He further expressed concern⁣ over a lack of aesthetic​ consideration in building ‍projects between Lake Constance​ and Lake Geneva, noting, “Between Lake Constance and​ Lake Geneva, there are too many buildings that lack aesthetics.”

A longer version of the RTS.ch interview with Pierre de Meuron is available here. Viewers can also explore a gallery ⁤of Herzog⁢ & ‌de Meuron’s key achievements here.

Interview TV: Philippe Revaz; Version web: Antoine Schaub.

September 3, 2025 0 comments
0 FacebookTwitterPinterestEmail
News

Switzerland to Recycle Plastic Packaging & Drink Boxes – RTS.CH

by Chief editor of world-today-news.com September 1, 2025
written by Chief editor of world-today-news.com

Switzerland to Implement National plastic & Drink Brick Recycling Program – Key Takeaways

Here’s a breakdown of the key facts from the article, covering Switzerland’s new initiative to recycle plastic packaging and drink bricks:

The Core Change:

Switzerland is planning to introduce a national recycling program for plastic packaging and drink bricks, mirroring systems for PET and glass. Currently, most plastic packaging is incinerated (97%) rather than recycled. The program is driven by a desire to reduce plastic packaging and CO2 emissions, supported by both the Federal Council and a parliamentary motion.

Key Objectives & Timeline:

Recycling Targets: 55% for single-use plastic packaging and 70% for drink boxes.
Implementation Date: January 2027.
collection System: A dedicated bag will be provided for collection, with deposit points across Switzerland. Some municipalities already offer this through Recypac,but it’s currently limited.

How it Will Work:

Private Sector Duty: The government is leaving it to private actors (companies, associations) to organize the recycling process initially. Further measures will be considered if targets aren’t met.
Buisness Involvement: Businesses,including food trucks,will be required to accept returns of packaging.
Packaging Redesign: The initiative also aims to reduce the amount of packaging used overall. This includes eliminating overly complex or oversized packaging and reducing empty space within packaging (like cereal boxes).
Recyclability Focus: Packaging should prioritize recyclable materials, but this presents challenges for multi-layered products like milk bricks.

Challenges & Concerns:

Complexity of Materials: Separating layers in packaging like milk bricks (plastic, aluminum, cardboard) is technically arduous.
Business skepticism: Gastrosuisse (representing restaurants) is skeptical about the return logistics, particularly for takeaway customers, and believes the recycling targets are too ambitious.
Greenpeace Criticism: Greenpeace argues the focus on recycling perpetuates single-use packaging and advocates for reusable distribution systems.
* International Agreements: Recent international negotiations on plastic pollution failed to reach a concrete agreement.

In essence,Switzerland is taking a important step towards a more circular economy for plastic packaging,but faces logistical,technical,and ideological hurdles in the process.

September 1, 2025 0 comments
0 FacebookTwitterPinterestEmail
Business

SWISS Pilot Shortage: Cancellations & Recruitment Challenges

by Priya Shah – Business Editor August 26, 2025
written by Priya Shah – Business Editor

Swiss International Air ‍Lines grapples‍ with Pilot Shortage, Cancels Flights Amidst Post-Pandemic ​Recovery

Zurich, Switzerland -‍ Swiss International Air ⁤lines (Swiss) is facing a⁢ notable pilot shortage,⁤ a challenge stemming from⁣ pandemic-era disruptions to training programs and exacerbated⁤ by a surge in passenger‍ demand. While the airline’s flight​ school, the European‍ Flight Academy in Granges (SO), is‌ operating at‌ full capacity with approximately 100 students per cohort, the number of qualified⁢ pilots ‌remains insufficient to meet current operational needs.

The root of the problem lies ⁢in the temporary suspension‌ of pilot​ training⁣ during⁤ the​ COVID-19 pandemic.Training programs were halted in 2020 and only resumed ⁤in the⁣ summer of 2022. This ‌delay created a backlog ⁣that Swiss is now struggling ⁤to overcome as air travel rebounds⁤ sharply. The consequences have been felt by passengers,with approximately 1,400 flights ‍- representing⁣ 1.5% ⁣of the scheduled ⁤program – canceled during⁢ the summer months.

Swiss has been reticent⁢ to publicly disclose the exact number of pilot vacancies. ⁤Though, the strain on existing flight crews is a growing concern, according to Aeropers,⁣ the Swiss⁣ pilot union.​ “The flight plan is operating at 100%​ capacity,” ​explains Clemens Kopetz, president of Aeropers, “but many ‍of our colleagues are reporting unsustainable workloads.”

Part-Time Work Contributes ​to the⁢ Challenge

Compounding the ⁢shortage is a growing trend‍ towards⁤ part-time work among Swiss pilots. Currently, ⁤40% of the airline’s pilots are ⁤employed on a part-time⁣ basis, further ‍reducing the available pool of‍ flight crew.​ While Swiss is actively pursuing⁤ external recruitment, the competition for experienced ⁣pilots is fierce.

“We’ve had success recruiting⁤ pilots‍ for the Airbus A320 fleet,” notes Stefan-Kenan Scheib,‌ a member of the SWISS air farm, “but‍ finding ​qualified candidates for the Airbus A330⁤ has proven more challenging.We are continuing ⁢our search, but ‍we are facing strong competition from other airlines globally.” This recruitment challenge is occurring even⁢ as parent ​company Lufthansa ⁢plans to hire 10,000 new⁣ employees⁢ in 2025, with⁤ 1,000 positions earmarked ‌for Swiss.

despite the current difficulties, optimism prevails within the european Flight academy. ⁤ “I see a‌ positive ‌trajectory, especially with the modernization⁤ of the fleet, including the introduction ⁢of the new Airbus A350,” says Janis ‌Zurbriggen, ​a 21-year-old⁤ pilot student from⁤ Haut-Valais who‍ began his training in 2024.He anticipates earning ‌his Line pilot license next ‍year.

However, industry analysts predict the pilot shortage will persist in the short to medium term. To mitigate further ⁤disruptions, Swiss ‍is relying on ⁢partnerships with other airlines to supplement it’s flight ‌crews. ⁣The⁤ airline assures‍ passengers it is ⁤indeed taking all possible‌ measures to⁣ avoid additional flight cancellations during the upcoming ⁢winter‌ season.

“The flight plan is operating at 100% capacity, but many of our colleagues are reporting unsustainable workloads.” – Clemens Kopetz, President ‌of aeropers
⁢

The ‌situation highlights the broader ⁣challenges⁤ facing the aviation‍ industry as it recovers from the pandemic, emphasizing the ⁣critical‍ need for proactive investment in pilot training and workforce‌ planning to ensure sustainable growth.

What are your thoughts on the pilot shortage? Share your experiences with flight disruptions ‌in the comments below! If you found this article informative, please consider subscribing ⁤to ⁤World Today News for the latest updates on global aviation and beyond.

August 26, 2025 0 comments
0 FacebookTwitterPinterestEmail
Business

AI boom inspires Palantir – sales forecast raised again

by Priya Shah – Business Editor August 5, 2025
written by Priya Shah – Business Editor

Palantir Surges on Strong Earnings, Eyes Reduced Government Reliance

Company Beats Sales Forecasts, Boosted by Commercial Sector Growth

Data analytics firm Palantir Technologies reported robust second-quarter results, surpassing one billion dollars in sales and achieving an adjusted profit of 16 cents per share, signaling significant momentum for the company.

Commercial Sector Fuels Expansion

The tech giant, co-founded by billionaire Peter Thiel, saw its stock price climb 4% in after-hours trading, adding to its year-to-date doubling. Growth was attributed to contributions from both government contracts and its burgeoning commercial business. Notably, revenue from U.S. companies nearly doubled, reaching $306 million, a key indicator as Palantir works to diversify away from its heavy reliance on government orders.

Government Contracts Remain Lucrative

Simultaneously, Palantir continues to secure substantial government agreements. Just last week, the U.S. Army indicated a potential ten-year contract valued up to $10 billion. Further underscoring its government ties, a media report suggests the Department of Homeland Security is evaluating the widespread deployment of the company’s controversial software solutions across the nation.

This expansion into the commercial realm aligns with industry trends; for instance, enterprise software spending in the U.S. is projected to reach $204 billion in 2024, according to the latest IDC forecast (IDC 2024).

August 5, 2025 0 comments
0 FacebookTwitterPinterestEmail
Business

Partial unemployment, a solution for Swiss companies after the increase in customs duties? – Rts.ch

by Priya Shah – Business Editor August 2, 2025
written by Priya Shah – Business Editor

Trump’s Tariffs Hit Swiss Exporters Hard

Companies Grapple with 39% Duties, Explore Job Protection Measures

Swiss businesses face significant disruption as President Donald Trump’s imposed 39% customs duties threaten to impact exports and subcontractors alike. With the economic climate already challenging, firms are turning to temporary unemployment schemes to mitigate job losses.

Partial Unemployment as a Buffer

The Swiss government has acknowledged the severity of the blow, with Confederation President Karin Keller-Sutter noting that partial unemployment, known as RHT (reduction of the work schedule), is a key tool for companies to absorb the shock. She has also pledged an open door for discussions on reducing bureaucracy and improving general business conditions.

Adding to the potential strain, the maximum duration for unemployment compensation has been extended to 18 months, a measure implemented in May due to tense economic conditions. Unions are advocating for a further extension to 24 months, proposing this in a parliamentary initiative.

Job Security Fears Mount

Economists warn of substantial repercussions for the Swiss labor market. Hans Gersbach, co-director of the EPFZ Conditional Research Center (KOF), anticipates a significant rise in partial unemployment and subsequent job cuts. He expressed concerns that the substantial tariff surcharge will severely damage the competitiveness of Swiss manufacturers, potentially leading to production relocations.

Watch: The impact on Swiss companies facing American taxes

The impact of American taxes on Swiss Made products, featured on 7:30 p.m. yesterday.

Subcontractors Feel the Ripple Effect

In the Jura region, companies specializing in subcontracting, particularly within the watchmaking sector, are bracing for indirect impacts. Many supply Swiss partners who then export their goods. Businesses have already been implementing partial unemployment due to existing economic pressures like a strong franc and declining activity.

G & Y Leuenberger SA, a firm involved in watchmaking components and connectors, has utilized partial unemployment since March. Director Boris Leuenberger fears losing clients who are directly affected by the new tariffs. He voiced concerns about heightened cost pressures from partners or a direct shift to sourcing from the Eurozone.

“We risk seeing partners who put crazy pressure on costs, on our prices or that will directly obtain from the euro zone.”

—Boris Leuenberger, Director of G & Y Leuenberger SA

Leuenberger expressed frustration with the Federal Council and the perceived failure of negotiations. He stressed the need for robust government support for the industry and microtechnology sectors to avert catastrophic long-term losses and preserve the region’s vital know-how.

The situation has been likened to a “time bomb” by those affected, who worry about the erosion of skills and the potential loss of Switzerland’s distinctive industrial identity.

Listen: Political reactions to the US tariff situation

Political proposals and discussions on challenging or negotiating with the Trump administration, from Forum yesterday.

The Swiss franc has seen a slight appreciation against the US dollar in recent weeks, indicating continued market sensitivity to global trade developments. As of late, the franc traded around 0.91 USD.

August 2, 2025 0 comments
0 FacebookTwitterPinterestEmail
Business

Switzerland’s Customs Dispute: Keller-Sutter Acknowledges US Power

by Priya Shah – Business Editor July 29, 2025
written by Priya Shah – Business Editor

As the August 1 deadline looms, Switzerland‘s President Karin Keller-Sutter adopts a humble stance regarding potential US customs duties, following a recent agreement between the EU and the United States that imposes a 15% tariff on European exports.

Donald Trump’s initial declaration of a 31% tariff on Swiss imports in April was temporarily suspended to allow for negotiations.Though, the final decision is expected by August 1, a date that could cast a shadow over Switzerland’s national day celebrations.

>> Related: EU and US Agree on 15% Customs Tax for European Products

Awaiting the Verdict

Table of Contents

  • Awaiting the Verdict
  • Significance of April Discussions
      • >> Discussion on Forum:

In a traditional pre-national holiday interview with RTS, President Keller-Sutter emphasized the need for patience. Despite a declaration of intent signed between Bern and Washington and validated by the Federal Council, the final approval from American authorities remains pending.

“Switzerland is a small country,” Keller-Sutter stated. “We are not a superpower. We have economic influence, but not political power. We must accept this reality.” She added, “However, we should not underestimate our own standing.”

Significance of April Discussions

Reflecting on her April meeting with Donald Trump, Keller-Sutter acknowledged its crucial role. “The meeting I had with him in April was very significant. On one hand, it opened doors for Guy Parmelin and myself to meet the US Secretary of the Treasury, and on the other hand, it paved the way for successful negotiations.”

>> Also read: Karin Keller-Sutter Discusses Customs Duties with Donald Trump via Phone

The President concluded with a sense of resignation: “Now, it is in the hands of the United States, in the hands of President Donald Trump.”

The American president is expected to deliver his verdict by August 1 at the latest.

>> Discussion on Forum:

Switzerland Awaits US Decision on Customs Taxes: A Debate Between Samuel Bendahan and Damien Cottier / Forum / 8 min./ Today at 6:02 pm

Interview by Agnès Wuthrich

Web text by Fabien Grenon

July 29, 2025 0 comments
0 FacebookTwitterPinterestEmail
Newer Posts
Older Posts

Search:

Recent Posts

  • Tom Hardy & Charlie Cox’s Early-Career Psychological Thriller Is A Hidden Gem On Prime Video

    December 6, 2025
  • : Trump Tariffs: Companies Seek Exemptions, Raise Prices

    December 6, 2025
  • Shocking Stand-Up: Sarah Sherman’s Unflinching Exploration of the Body

    December 6, 2025
  • Fort Hays State vs. Washburn: Game Preview & Broadcast Info

    December 6, 2025
  • Manuel Neuer Praises Harry Kane’s Skills and Abilities

    December 6, 2025

Follow Me

Follow Me
  • Live News Feeds
  • Short Important News
  • Most Important News
  • Headlinez
  • Most Recommended Web Hosting
  • About Us
  • Accessibility statement
  • California Privacy Notice (CCPA/CPRA)
  • Contact
  • Cookie Policy
  • Copyright Notice
  • Disclaimer
  • DMCA Policy
  • EDITORIAL TEAM
  • Links
  • Privacy Policy
  • Terms & Conditions

@2025 - All Right Reserved.

Hosted by Byohosting – Most Recommended Web Hosting – for complains, abuse, advertising contact: contact@world-today-news.com


Back To Top
World Today News
  • Business
  • Entertainment
  • Health
  • News
  • Sport
  • Technology
  • World
World Today News
  • Business
  • Entertainment
  • Health
  • News
  • Sport
  • Technology
  • World
@2025 - All Right Reserved.

Hosted by Byohosting – Most Recommended Web Hosting – for complains, abuse, advertising contact: contact@world-today-news.com