AGP Executive Report
Last update: 10 hours agoPharma and AI: Swiss drugmakers’ AI push is opening new career paths, while strong pharmaceutical activity helped Raiffeisen lift its 2026 Swiss growth forecast to 1.7%, from 0.8%. The bank cautions that the sector’s exceptional momentum may not last, citing possible US relocations and stockpiling. Banking and Jobs: Zurich Liberal politicians are warning that tougher UBS capital rules could raise financing costs and put lending, investment and local jobs at risk. Travel Services: Zug-based Scenic Group has named Adam Armstrong chief commercial officer from November, tasking the former Contiki chief with leading its global commercial operations. Trade and Investment: Switzerland and India are seeking to deepen business ties under the EFTA trade pact, with a goal of attracting $100 billion in investment over 15 years; recent talks also covered faster investment-treaty negotiations. Agriculture: A pig disease outbreak has prompted a mass cull in Switzerland, raising concerns for the country’s livestock sector.
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