AGP Executive Report
Last update: 8 hours agoBusiness: Sonova raised its 2027 sales and profit forecasts, saying strong uptake of its new AI-powered hearing aids is driving market-share gains. Lonza also agreed to buy five US manufacturing sites from Merck KGaA, a deal that would more than double its US production footprint and add about 1,100 employees. Technology: ETH Zurich researchers developed a quantum-computing system that stores information in microscopic mechanical vibrations, offering a new approach to quantum memory. Digital Economy: Switzerland is losing ground in digital competitiveness as AI reshapes the rankings, while Swiss banks remain highly profitable but face growing pressure to adopt AI. Health and Climate: Switzerland’s record-breaking summer heat was linked to an estimated 1,257 deaths, underscoring the growing health toll of extreme temperatures. Infrastructure: Swiss broadband provider Quickline is modernising its network with virtualised technology, aiming to simplify operations and expand services for regional internet providers.
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