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Swiss appliance manufacturer V-Zug to cut costs
2025-10-29
Following the slump in profits in the first half of the year, Swiss household appliance manufacturer V-Zug is resorting to more stringent cost-cutting measures. + Get the most important news from Switzerland in your inbox The Group expects sales and profits to plummet in 2025 Net sales for the current financial year are expected to …
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 …
The global private education industry is coming for Switzerland’s expensive schools
2025-09-04
Verbier’s pandemic-era growth triggered an elite schooling boom — and a merger that could reshape private education in the Swiss Alps. In March 2020, Ariane de Bonvoisin was skiing in Verbier, Switzerland, with her husband and her son. A native of New York, she had skied there since childhood and her family had a chalet …
Swiss Post to re-start shipping some packages to US
2025-09-02
From Thursday, private customers will once again be able to send packages with a value of up to $100 (CHF80) to the United States via Swiss Post. Due to the new customs regulations, Swiss Post had suspended all goods shipments to the US last week. +Get the most important news from Switzerland in your inbox …
UBS charges pension funds to hold their liquid assets
2025-09-01
Pension funds are complaining about ‘negative interest’ charges for holding liquid assets in accounts at Switzerland’s largest bank UBS. +Get the most important news from Switzerland in your inbox UBS’s letter is quite significant. At the end of June, the bank informed its institutional clients – primarily pension funds and insurance companies – in writing …
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