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Global banks rush to fill Credit Suisse void for Swiss SMEs
2025-09-07
Global banks including JPMorgan, Bank of America and Deutsche Bank are stepping up an effort to serve Switzerland’s small and mid-sized companies, as they look to fill the void left by the collapse of Credit Suisse. +Get the most important news from Switzerland in your inbox Credit Suisse — which was one of the country’s …
Switzerland seeks improved tariff deal with US
2025-09-05
Swiss Economics Minister Guy Parmelin has flown to the United States with a new offer to resolve the customs dispute between the two countries. +Get the most important news from Switzerland in your inbox The purpose of Parmelin’s short notice mission was confirmed by Foreign Minister Ignazio Cassis. “We have drawn up an optimised offer …
Swiss unions demand wage increases of up to 2.5% for 2026
2025-09-04
The Swiss Federation of Trade Unions is calling for general pay raises of between 2% and 2.5% by 2026. These are needed to offset the rise in the cost of living and make up for the wage shortfall of recent years, said the umbrella organisation. +Get the most important news from Switzerland in your inbox …
Continuing professional training leads to higher income, Swiss study shows
2025-09-02
According to a study by the Swiss statistical office, ten years after graduating, people who continue training earn between CHF400 ($497) and CHF1,300 more per month than those who have not taken any further training. +Get the most important news from Switzerland in your inbox The study looked at the incomes of 150,000 people who, …
Switzerland mulls tax breaks for US digital giants: media report
2025-09-01
Switzerland is ready to waive profit taxes for United States digital giants, such as Google and Meta, if they base operations in the Alpine state, according to media reports. +Get the most important news from Switzerland in your inbox The rumoured tax gift comes against the backdrop of the US slapping 39% tariffs on Switzerland. …
Swiss gold refiners reject tariff relocation
2025-09-01
Switzerland’s trade group for gold refiners opposes a relocation of some operations to the United States to ease a trade imbalance between the countries and help tariff negotiations, newspaper Neue Zürcher Zeitung reported. +Get the most important news from Switzerland in your inbox The government is trying to find ways to get President Donald Trump …
Swiss weapons exports grew 20% in first half of 2025
2025-07-08
Switzerland exported more than 20% more war materiel in the first half of 2025 compared to the same period last year. +Get the most important news from Switzerland in your inbox The State Secretariat for Economic Affairs (Seco) reported around CHF358 million worth of military equipment exports. Among the buyers of Swiss military equipment were …
Swiss shoe maker On employs one robot instead of 300 workers
2025-07-03
The Swiss running shoe company On has opened its first production site for the innovative Lightspray shoe – a fully automated robotic process. +Get the most important news from Switzerland in your inbox “Around 300 people normally work on a conventional shoe,” explained Caspar Coppetti, co-founder of On. With Lightspray technology, this work is done …
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