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US court dismisses Credit Suisse lawsuit against Switzerland
2025-10-01
A United States court says Switzerland is not liable for losses incurred by creditors in connection with so-called AT1 bonds in the takeover of Credit Suisse by UBS. +Get the most important news from Switzerland in your inbox This was decided by a US District Court in New York. The Swiss Federal Department of Finance …
Price of gold reaches record amid fears of US government shutdown
2025-09-30
The price of an ounce of gold continued to rise on Tuesday morning. After reaching $3,850 on Monday night, it rose to $3,870 on Tuesday, buoyed by the risk of budgetary paralysis in the United States, the so-called “shutdown”. +Get the most important news from Switzerland in your inbox At around 7:35am on the last …
Gold will not be subject to tariffs, says Trump
2025-08-12
‘Gold will not be subject to tariffs,’ American President Donald Trump wrote on the social network Truth Social on Monday. Last week, it was unclear whether the new tariffs would also be imposed on gold bars from Switzerland. Trump himself weighed in on the issue of gold tariffs after confusion and panic triggered by the …
WTO improves its world trade forecast thanks to Trump’s tariffs
2025-08-09
The World Trade Organisation (WTO) expects world trade to grow by 0.9% this year, better than expected in April. US imports surged in the first quarter as a result of Donald Trump’s tariff announcements. Imports to the US rose by 11% in the first half of the year compared with the same period last year, …
Swiss cable cars post positive season despite cold July
2025-08-07
Despite the not always favourable weather in July, the summer season is proving to be a positive one for lifts in Switzerland. +Get the most important news from Switzerland in your inbox According to figures released today by the Swiss Cable Car Association (SBS), in the period from the beginning of May to the end …
Alcon strengthens lens business with major US acquisition
2025-08-05
The eye care group Alcon is going on a shopping spree. On Tuesday, the Geneva-based company announced the acquisition of the US company Staar, a specialist in implantable lenses. +Get the most important news from Switzerland in your inbox As part of the agreement, Alcon is offering $28 in cash for each Staar share. The …
Swiss parties divided on measures in response to new US tariffs
2025-08-01
Most Swiss parties are critical of the new 39% tariffs imposed by US President Donald Trump. But they are divided on possible solutions, which range from strengthening Switzerland’s competitiveness to working even more closely with the European Union. +Get the most important news from Switzerland in your inbox In a statement, the centre-right Radical-Liberals denounced …
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