You Might Also Like
Switzerland braces for 100% US medicine tariff
2025-09-26
United States President Donald Trump has announced new tariffs on medicines, lorries and furniture produced outside the US. +Get the most important news from Switzerland in your inbox From October 1, “we will apply a 100% tax on all branded and patented pharmaceutical products, unless a company BUILDS its pharmaceutical plant in America”, Trump wrote …
Swiss realtor optimism at all-time high
2025-09-24
Despite a cautious assessment of the economic situation, the Swiss property sector is looking to the next 12 months with optimism, according to a study by consultancy giant KPMG. +Get the most important news from Switzerland in your inbox This is due to significantly higher price expectations, which for the first time also apply to …
Novartis CEO wants to end higher pricing for drugs sold in the US
2025-09-20
The Swiss pharmaceutical company Novartis wants to eliminate the price difference between medicines in the US and other industrialised countries. Group CEO Vasant Narasimhan believes that countries outside the US have a duty to contribute more to innovation. “It is a fact that American patients pay for a large part of the innovations,” said Narasimhan …
Survey finds multinationals have a good image in Geneva region
2025-09-17
Multinational companies enjoy a good image in the Lake Geneva region, where the population is generally aware of their importance to prosperity, a survey reveals.. +Get the most important news from Switzerland in your inbox The Geneva-based Groupement des entreprises multinationales (GEM) has conducted its first study in its 55-year history into the image of …
UBS posts quarterly profit of $2.4 billion
2025-07-30
In the second quarter of 2025, UBS earned significantly more than in the same period of the previous year amid restructuring and capital discussions. +Get the most important news from Switzerland in your inbox With a consolidated profit of $2.4 billion in the months from April to June 2025, UBS’s bottom line was more than …
UBS orders bankers to scale back sale of complex currency products
2025-07-29
The Swiss bank has told advisers to stop pitching foreign exchange derivatives to many clients after losses. UBS has ordered bankers to scale back sales of complex currency derivatives after clients suffered heavy losses linked to Donald Trump’s “liberation day” tariff announcements. The Swiss bank told advisers to stop pitching the structured FX products — …
Swiss SMEs struggling to find employees
2025-07-25
Swiss small and medium-sized enterprises (SMEs) are struggling to find staff, a problem made more acute by the increased bargaining power of employees and increased absenteeism. These are the findings of a periodic study carried out by insurer Axa in cooperation with research institute Sotomo. Labour shortages remain by far the biggest challenge for SMEs: …
Tags: Featured,newsletter
