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Switzerland held “constructive” tariff meeting in Washington
2025-09-06
Swiss economics minister Guy Parmelin says a meeting in Washington to discuss tariffs with United States officials was “constructive”. +Get the most important news from Switzerland in your inbox Switzerland sees good opportunities for both countries and wants to strengthen the partnership, he wrote on the social media platform X on Saturday night. Parmelin met …
The global private education industry is coming for Switzerland’s expensive schools
2025-09-04
Verbier’s pandemic-era growth triggered an elite schooling boom — and a merger that could reshape private education in the Swiss Alps. In March 2020, Ariane de Bonvoisin was skiing in Verbier, Switzerland, with her husband and her son. A native of New York, she had skied there since childhood and her family had a chalet …
Swiss Post to re-start shipping some packages to US
2025-09-02
From Thursday, private customers will once again be able to send packages with a value of up to $100 (CHF80) to the United States via Swiss Post. Due to the new customs regulations, Swiss Post had suspended all goods shipments to the US last week. +Get the most important news from Switzerland in your inbox …
UBS charges pension funds to hold their liquid assets
2025-09-01
Pension funds are complaining about ‘negative interest’ charges for holding liquid assets in accounts at Switzerland’s largest bank UBS. +Get the most important news from Switzerland in your inbox UBS’s letter is quite significant. At the end of June, the bank informed its institutional clients – primarily pension funds and insurance companies – in writing …
Swiss shares fall slightly after US tariff verdict against EU
2025-07-14
The stock market started the new week lower on Monday. The reason for this is the US announcement of extra tariffs of 30% on EU goods from August 1. The market had actually hoped for an early defusing of the trade conflict. The Swiss Market index SMI lost 0.19% to 11,915 points by around 9.40 …
Barry Callebaut sells less chocolate than expected
2025-07-10
Swiss chocolate producer Barry Callebaut was hit hard by high cocoa prices in the first nine months of its fiscal year. +Get the most important news from Switzerland in your inbox The world’s largest chocolate company generated more income than in the same period of the previous year despite selling less chocolate. The company broke …
Swiss inaction threatens global antibiotic development push
2025-07-08
Switzerland is a major hub for pharmaceutical companies, but it has done little to encourage the development of new antibiotics – a shortfall that could have serious consequences at home and abroad. Global health experts have long warned that resistance to antimicrobials, including antibiotics, is a slow-moving crisis with deadly consequences. In 2019, antimicrobial resistance …
Swiss face “difficult” pharma negotiations with Mercosur
2025-07-04
Work still needs to be done on pharmaceutical products as part of the free trade agreement signed with Mercosur, said Swiss Economics Minister Guy Parmelin. +Get the most important news from Switzerland in your inbox However, Parmelin added that the outcome of the negotiations was very good. “The negotiations were difficult right up to the …
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