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Company bankruptcies on the rise in Switzerland
2025-10-02
There have been significantly more bankruptcies in Switzerland this year. The construction, catering and retail sectors in particular have suffered. +Get the most important news from Switzerland in your inbox Company bankruptcies climbed by 19.5% from January to September compared to the same period last year, according to the economic information service Crif on Thursday. …
Swiss hospitals faced CHF750 million loss in 2024
2025-08-11
The loss-making hospitals in Switzerland posted a loss totalling CHF750 million ($926 million) in 2024. Despite an increase in turnover and fee increases, more than half of the service providers posted negative operating results after deducting depreciation. +Get the most important news from Switzerland in your inbox This is the result of a study of …
US tariffs of 39% come into force for Switzerland
2025-08-07
US tariffs of 39% on Swiss exports formally came into force on Thursday morning, despite last-minute talks between a Swiss delegation and US representatives. +Get the most important news from Switzerland in your inbox As the Swiss government announced on social media platform X on Thursday morning, it will hold an extraordinary meeting in the …
Chinese cryptocurrency exchange Jucoin to set up Swiss offshoot
2025-08-06
Zug’s Crypto Valley is getting a new addition. The Chinese cryptocurrency exchange Jucoin will set up its European headquarters in Baar, the company announced on Wednesday. With its clear regulation and innovation-friendly environment, Switzerland is the ideal base for Jucoin’s European expansion, according to the press release. By establishing its headquarters in Crypto Valley, the …
‘Knives out’: Switzerland descends into blame game after US tariff shock
2025-08-04
President Karin Keller-Sutter is under fire for failed trade talks with Trump administration. A blame game has erupted in Switzerland after the US announced an unexpected 39% tariff rate on the Alpine country on its national day. Swiss President Karin Keller-Sutter is accused of grossly miscalculating the trade deal she thought she was able to …
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