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Swiss wage negotiations weighed by tariff fears
2025-11-05
Trade barriers and anaemic inflation in Switzerland will weigh heavily on wage negotiations for 2026, UBS bank warned in its annual survey of employers. +Get the most important news from Switzerland in your inbox Nominal wage increases are likely to remain the norm, but are likely to plateau at around 1%, compared with 1.4% in …
Employment prospects brighten slightly in Switzerland
2025-11-03
In Switzerland, the outlook for employment has improved slightly. The indicator from the KOF economic research centre at the federal technology institute ETH Zurich shows job gains in the construction industry and the services sector. + Get the most important news from Switzerland in your inbox The employment indicator stood at 0.7 points in the …
Switzerland tightens Russia sanctions in finance and oil sectors
2025-10-30
Three and a half months after the European Union, Switzerland is also implementing new sanctions against Russia. The package includes further export restrictions on goods to strengthen industry as well as goods to strengthen Russia’s military and technological capabilities. + Get the most important news from Switzerland in your inbox This is the 18th package …
Explainer: How the new US tariffs are already impacting the Swiss economy
2025-09-08
On August 1, US President Donald Trump announced a tariff of 39% for Switzerland. The effects are slowly becoming visible. Only five countries have higher tariffs for their exports to the US than Switzerland. Of all the industrialised nations and European countries, Switzerland has the highest US tariffs. At the same time, the US has …
Switzerland held “constructive” tariff meeting in Washington
2025-09-06
Swiss economics minister Guy Parmelin says a meeting in Washington to discuss tariffs with United States officials was “constructive”. +Get the most important news from Switzerland in your inbox Switzerland sees good opportunities for both countries and wants to strengthen the partnership, he wrote on the social media platform X on Saturday night. Parmelin met …
Swiss nuclear plant is off the grid for an indefinite period
2025-07-15
The Gösgen nuclear power plant in Däniken in canton Solothurn is not producing any electricity until further notice. The operator must provide evidence of fallback in case of a possible overload in the feedwater pipework system. The supervisory authority ENSI has not given any time frame for this. The safety scenarios are very comprehensive and …
Swiss shares fall slightly after US tariff verdict against EU
2025-07-14
The stock market started the new week lower on Monday. The reason for this is the US announcement of extra tariffs of 30% on EU goods from August 1. The market had actually hoped for an early defusing of the trade conflict. The Swiss Market index SMI lost 0.19% to 11,915 points by around 9.40 …
Barry Callebaut sells less chocolate than expected
2025-07-10
Swiss chocolate producer Barry Callebaut was hit hard by high cocoa prices in the first nine months of its fiscal year. +Get the most important news from Switzerland in your inbox The world’s largest chocolate company generated more income than in the same period of the previous year despite selling less chocolate. The company broke …
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