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US sets deadline for Novartis and other pharma firms to lower prices
2025-08-01
US President Donald Trump says he has sent letters to 17 major pharmaceutical companies – including Swiss giant Novartis – calling for immediate measures to lower drug prices in the United States. Otherwise, they will face retaliatory measures. +Get the most important news from Switzerland in your inbox In letters addressed personally to the company …
Swiss braced for price increases as tariffs rise
2025-07-30
The Swiss population is bracing for rising prices and negative consequences for companies due to the global tariffs, according to a survey by the market research institute YouGov. +Get the most important news from Switzerland in your inbox The survey also reveals that the population is well informed about customs policy. Some 70% of respondents …
Luxury market slows down worldwide, but not in Switzerland
2025-07-29
The luxury market is slowing down worldwide in the wake of falling demand in important regions such as China, but continues to pull in Switzerland. +Get the most important news from Switzerland in your inbox In 2024, it grew by a further 3.5% to reach a volume of CHF5.4 billion, according to an analysis published …
SIX Swiss exchange sees profit plunge at mid-year
2025-07-28
Swiss stock exchange operator SIX had to absorb a further setback to its stake in France’s Worldline in the first six months of the year, causing its profits to fall sharply. +Get the most important news from Switzerland in your inbox Operating income rose by 4% to CHF823 million ($1 billion), SIX reported on Monday. …
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