AGP Executive Report
Last update: 11 hours agoSwiss Robotics: Zurich startup Enact Intelligence raised $30 million to develop AI for robots, with backing from prominent AI researchers and investors. Healthcare: Roche’s nine-month sales rose 6% at constant exchange rates, but the drugmaker dropped several clinical programmes as it refocuses its pipeline. Jobs: Just Eat plans to cut hundreds of jobs in Switzerland, adding to pressure on the local labour market. Trade and Investment: Swiss impact investor responsAbility committed up to $20 million to Indian solar maker Navitas Solar; meanwhile, the newly signed Vietnam–EFTA trade deal promises fresh export opportunities. Finance: Switzerland approved its first retail spot Bitcoin ETF, while US tax-authority requests involving 49 Swiss financial institutions put cross-border account disclosures in focus. Markets: The franc strengthened as investors sought safe havens amid a global sell-off and rising oil prices.
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