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Reinsurer Swiss Re issues longevity drug guidelines
2025-08-11
Reinsurer Swiss Re has introduced guidelines for so-called longevity drugs. Specifically, the guidelines target drugs such as metformin and rapamycin, which were originally developed for other purposes and are used by certain individuals to prolong their lives. +Get the most important news from Switzerland in your inbox As the long-term effects are still uncertain, Swiss …
Business associations call for solidarity over US tariffs
2025-08-07
Swiss business associations have reacted drastically to the introduction of the US tariff of 39% on Swiss products. The Economiesuisse business federation has spoken of a “significant risk” for the country, while Swissmem calls the tariffs a “horror scenario”. +Get the most important news from Switzerland in your inbox A solution requires a coordinated approach …
How pharma became Switzerland’s Achilles heel in US trade talks
2025-08-06
The pharmaceutical industry is a major driver of the Swiss economy, but its strength has also made it a key vulnerability for Switzerland in trade talks with the US. President Trump’s announcement of a 39% tariff rate on Swiss goods alarmed business leaders and sent politicians scrambling to Washington. The rate is more than double …
Trump’s tariffs raise risk of negative interest rates in Switzerland
2025-08-05
In the wake of US President Donald Trump’s 39% tariffs imposed on Switzerland, the likelihood of the Swiss National Bank (SNB) going back to introducing negative interest rates is increasing, according to an analysis published today by Raiffeisen. +Get the most important news from Switzerland in your inbox The shock caused by the announcement of …
Economists slash Swiss GDP growth forecasts
2025-06-16
Following an increase in exports to the United States in the first quarter, the Swiss economy is bracing itself for a tariff backlash. +Get the most important news from Switzerland in your inbox In particular, dark clouds are gathering over the economic outlook for 2026. The State Secretariat for Economic Affairs (Seco) has lowered its …
Swiss bank Raiffeisen appoints new CEO
2025-06-11
Gabriel Brenna, Chief Executive Officer (CEO) of Liechtensteinische Landesbank (LLB) since 2021, has been appointed head of Raiffeisen Switzerland. The new CEO will take up his post on December 1, according to a Raiffeisen press release issued on Wednesday. Gabriel Brenna takes over from Heinz Huber, who stepped down at the end of December 2024. …
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