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‘Around 20,000 jobs at risk’ in Switzerland over US tariffs
2025-10-08
The 39% tariffs imposed by the US could cost the Swiss economy up to 20,000 jobs, says UBS economist Thomas Veraguth. +Get the most important news from Switzerland in your inbox “The uncertainty is at all levels, but it is obviously very different from one company to another,” the expert emphasised in an interview broadcast …
SWISS ‘eyes cheaper Indian flight crews’
2025-10-03
Swiss International Air Lines is looking to hire Indian cabin crews to the Canadian city of Montreal, with the aim of reducing costs. +Get the most important news from Switzerland in your inbox Their salaries amount to CHF580-950 per month, CH Media newspapers reported, citing sources within the company. “We are constantly evaluating different options …
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. …
Ex-US climate ambassador Kerry urges more green investing
2025-10-01
Former United States climate ambassador John Kerry sees energy transition as a great opportunity for the economy and investors. +Get the most important news from Switzerland in your inbox “It is the biggest economic transformation since the industrial revolution,” he told the Building Bridges sustainability conference in Geneva. + Swiss finance sector told to ‘green’ …
Trade unions push back on sale of Nestlé Waters
2025-09-29
A demonstration against the proposed sale of Nestlé Waters to a partner brought together around a hundred people at the company headquarters in Vevey on Monday. Trade union delegations came from seven European countries to make their voices heard. +Get the most important news from Switzerland in your inbox The demonstrators had travelled from France, …
Business associations call for solidarity over US tariffs
2025-08-07
Swiss business associations have reacted drastically to the introduction of the US tariff of 39% on Swiss products. The Economiesuisse business federation has spoken of a “significant risk” for the country, while Swissmem calls the tariffs a “horror scenario”. +Get the most important news from Switzerland in your inbox A solution requires a coordinated approach …
How pharma became Switzerland’s Achilles heel in US trade talks
2025-08-06
The pharmaceutical industry is a major driver of the Swiss economy, but its strength has also made it a key vulnerability for Switzerland in trade talks with the US. President Trump’s announcement of a 39% tariff rate on Swiss goods alarmed business leaders and sent politicians scrambling to Washington. The rate is more than double …
Trump’s tariffs raise risk of negative interest rates in Switzerland
2025-08-05
In the wake of US President Donald Trump’s 39% tariffs imposed on Switzerland, the likelihood of the Swiss National Bank (SNB) going back to introducing negative interest rates is increasing, according to an analysis published today by Raiffeisen. +Get the most important news from Switzerland in your inbox The shock caused by the announcement of …
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