Trump’s Tariffs on Switzerland Prompt Identity Crisis for Swiss Army Knife The New York Times Source link
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Swiss bank UBS eyes move to the US to avoid pesky new regulations
Banking giant UBS is ramping up its threats to leave Switzerland and set up shop in the US — a radical response to Swiss regulators who have proposed onerous new capital requirements on the financial behemoth, The Post has learned. Executives at the 162-year-old Swiss bank — led by highly regarded Chairman Colm Kelleher and CEO Sergio Ermotti — have even recently met …
Read More »This Swiss trick makes tomatoes bear fruit much faster
Tomatoes do not just grow faster on a whim. They speed up when a tiny spelling mistake in their DNA gets corrected with precise tools. A Swiss team did exactly that in a domesticated tomato line, altering SSP2, and the plants shifted into fruiting earlier while staying compact. In a new study, the researchers show that fixing a …
Read More »A Swiss watchmaker trolls Trump’s 39% tariffs with a watch that inverses the numbers 3 and 9
Facebook Tweet Email Link New York — Swatch, the Swiss watchmaker, is trolling the 39% tariffs that the United States placed on its home country by selling a watch that flips the location of the 3 and 9 numerals. The tongue-in-cheek new watch — dubbed “WHAT IF … TARIFFS?” — is inspired by the “current events unfolding in today’s world,” …
Read More »Trump greeted by cheers and boos as he attends U.S. Open as Rolex’s guest despite Swiss tariffs
NEW YORK (AP) — President Donald Trump attended the U.S. Open on Sunday and briefly stepped out from a luxury box to wave at a main court crowd mostly still arriving for the men’s final. He drew mixed cheers and boos. Arthur Ashe stadium was only partially full and Trump’s waves weren’t announced beforehand. They were also brief enough so …
Read More »Trump attending US Open as Rolex’s guest despite Swiss tariffs
NEW YORK (AP) — President Donald Trump is attending the U.S. Open on Sunday as a guest of Rolex despite imposing steep tariffs on the Swiss watchmaker’s home country and with organizers seeking to keep off-court disruptions — like audience members booing him — from being seen on the TV broadcast. Trump has built the bulk of his second term’s …
Read More »Swiss Scientists Create Breakthrough Molecule That Stores Four Charges To Mimic Photosynthesis For Solar Fuels
IN A NUTSHELL 🌿 Researchers at the University of Basel have developed a molecule essential for artificial photosynthesis. 🔋 The molecule can store two positive and two negative charges simultaneously, a critical advancement in energy storage. ☀️ The process mimics natural photosynthesis to produce carbon-neutral solar fuels like hydrogen and methanol. 🔬 This research provides insights into electron transfer mechanisms, …
Read More »Swiss amateur astronomer makes ‘sensational discovery’
Based on the data, it was determined that the elongated asteroid measures 12.6 x 6.8 km. Keystone / Valentin Flauraud Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. The Schafmatt Observatory has discovered an asteroid moon. Experts are calling it a sensational discovery. This content was published on September 1, …
Read More »End Times for Swiss Watchmakers?
Time’s up. After Swiss leader Karin Keller-Sutter’s last-minute dash to Washington failed to sway the American administration, President Trump’s tariff on Switzerland came into effect this week, landing levies of 39 percent on every Rolex, Omega and Patek Philippe the country exports to the US. Just how bad is it? There’s little nuance here: For some Swiss watchmakers, the chiming …
Read More »Business News: How One Legendary CEO, One Independent American Retailer, And One Swiss Pre-Owned Seller Are Responding To The Tariff Situation
Some U.S. retailers of Swiss watches have also been stocking up ahead of the surprise tariff shock and may be able to avoid price increases in the short term. Gabe Reilly, a co-founder of Collective Horology in Ventura, California, which sells independent Swiss-made brands including Czapek, Horologer Ming, Speake-Marin, and Zeitwinkel, says the retailer has been preparing for such a …
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