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Swiss chocolate maker Barry Callebaut boosts profits after price hikes
2025-11-05
Swiss chocolate maker Barry Callebaut saw its profits increase in the 2024/25 financial year (to the end of August), despite a selling less chocolate. +Get the most important news from Switzerland in your inbox Revenues rose by 42.4% to CHF14.79 billion, boosted by price increases, the cocoa products processor and trader reported on Wednesday. Sales …
Switzerland optimistic about COP30 climate meeting
2025-11-02
Despite the delicate geopolitical context, the Swiss government is optimistic about the upcoming 30th United Nations Climate Change Conference (COP30) in Brazil, which opens on November 10. + Get the most important news from Switzerland in your inbox “The fact that so many countries are cooperating despite all the difficulties is already a success,” Swiss …
SWISS to reduce flight destinations from Geneva
2025-10-30
Swiss International Airlines (SWISS) will be reducing the number of short-haul flights out of Geneva Airport from summer 2026. The airline cites a lack of resources. + Get the most important news from Switzerland in your inbox “We are reducing the number of destinations from Geneva because we need to optimise the use of our …
Golf becomes big business in Switzerland
2025-10-22
Half a billion francs a year: golf in Switzerland is no longer just a sport, but a booming economic ecosystem. +Get the most important news from Switzerland in your inbox Driving this is an increasingly sophisticated business model that ranges from membership fees to the sale of shares, as well as involving companies through sponsorships. …
Swiss Senate votes to extend short-time working to counter tariffs
2025-09-10
The Swiss Senate has approved the extension of short-time working compensation from 18 to 24 months in the face of United States tariffs. +Get the most important news from Switzerland in your inbox Businesses have demanded the measure since since tariffs were raised. It has now cleared the first parliamentary hurdle. According to the parliamentary …
Swiss inflation stays steady in face of US tariffs
2025-09-05
Swiss inflation stayed positive for a third consecutive month, offering reassurance to policymakers as they also evaluate if the economy can weather a jump in United States tariffs. +Get the most important news from Switzerland in your inbox Consumer prices rose 0.2% from a year ago in August, matching the increase of the previous month, …
Vitol: the secretive trading giant minting fortunes for its employees
2025-09-03
The commodity house is among world’s most profitable companies and has returned $20 billion to senior staff over past three years. Across two floors of an unremarkable office block tucked between Buckingham Palace and London’s gritty Victoria coach station sits one of the most profitable but least known companies in the world. Commodity trader Vitol …
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