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One in three new vehicles in Switzerland are plug-ins
2025-08-05
The Swiss car market grew in July, thanks to a carryover of registrations from June. Since the start of the year, the decline has been close to 5%. +Get the most important news from Switzerland in your inbox During the month under review, 19,629 passenger cars were registered in Switzerland and the Principality of Liechtenstein, …
UBS settles Credit Suisse legacy case in the US
2025-08-04
UBS has reached an agreement in the US with the US Department of Justice (DOJ) for another Credit Suisse legacy issue. As part of the settlement concerning so-called mortgage-backed securities, UBS will pay $300 million (CHF242 million), as announced on Monday. +Get the most important news from Switzerland in your inbox The mortgages in question …
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 …
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