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Sonova (SIX: SOON) Launches Phonak EON AI Hearing Platform to Drive Growth Targets
Sonova launched Phonak EON on August 24, introducing its third real-time AI hearing platform. The Swiss hearing-care company designed EON to improve speech understanding and reduce listening effort. The launch strengthens Phonak’s premium hearing-aid portfolio during an important growth phase. Sonova said EON combines proprietary AI with improved design and connectivity. Phonak EON Adds Smaller…
US Dollar Hits 3-Month Low vs Euro as Fed Rate Uncertainty Mounts, August 21
US Dollar Index slides to 3-month low vs euro at 99.4 as Fed rate hike odds drop to 35%. Treasury yields and fiscal concerns weigh on greenback strength.
Shrinkflation Scandal: M&M’s Prices Jump 42.5% in Switzerland as Monsieur Prix Condemns Practice
M&M’s prices surge 42.5% at Coop as package size drops from 150g to 125g. Swiss price regulator condemns shrinkflation as legal but unethical practice affecting consumers across Switzerland.
Swiss GDP Surges 1.5% in Q2 2026, Beating Forecasts by Threefold
Swiss GDP grew 1.5% in Q2 2026, triple analyst forecasts. Chemical and pharmaceutical exports exceeded 110 billion francs in the first half, driving the economy’s strongest recovery since 2021.
Swiss Franc Hits 12-Month Low as Euro Climbs to 0.9405 CHF
Swiss franc falls to 12-month low at 0.9405 per euro on August 14, 2026. ECB rate hikes and SNB’s neutral stance drive currency weakness. What it means for Swiss exporters and savers.
FC St. Gallen Beats Sheriff Tiraspol 5-1, Advances to Conference League Playoffs
FC St. Gallen advances to Conference League playoffs after 5-1 home win over Sheriff Tiraspol. Hunziker and Besio each scored twice in dominant second-half display.
Rhine Drought Cuts Freight Flow 50%, Pushes Swiss Fuel Prices Up 16 Cents
Rhine water levels hit historic lows in August 2026, halting barge traffic to Basel and raising Swiss petrol prices by 12-16 cents per litre as freight shifts to costlier road transport.
On Holdings Plunges 19% as Federer Drops Below Billionaire Status on August 13
Roger Federer’s net worth fell below $1 billion after On Holding stock plunged 19% on Tuesday. Forbes estimates his fortune at $949 million, down from over $1.1 billion, following the sneaker brand’s missed sales expectations.
Eclipse Glasses Sell Out in Switzerland Ahead of August 12 Event
Swiss eclipse glasses sell out as August 12 solar eclipse approaches. Retailers warn of shortages. Protective eyewear must meet ISO 12312-2:2015 standard to safely view the event.