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Top Swiss business leaders meet Trump in Washington
2025-11-06
The heads of six large Swiss companies took part in trade talks with United States President Donald Trump in Washington. +Get the most important news from Switzerland in your inbox The business leaders reaffirmed their conviction that a bilateral trade agreement would significantly strengthen economic exchanges, to the benefit of both countries. + How US …
Swiss economic forecast improves despite tariffs
2025-11-05
The Swiss economy is once again looking to the future with optimism despite the tariffs imposed by United States President Donald Trump. +Get the most important news from Switzerland in your inbox The business situation improved markedly in October, according to the business trend indicator calculated by the ETH Zurich’s Centre for Economic Research (KOF). …
Swiss logistics group Kuehne+Nagel to cut up to 1,500 jobs
2025-10-23
Swiss logistics group Kühne+Nagel is launching a cost-cutting program, which will slash 1,000 to 1,500 full-time positions, following a slump in profits. +Get the most important news from Switzerland in your inbox Turnover fell by 7% to CHF6.04 billion. Gross profit adjusted for volatile freight tariffs fell by 4% to CHF2.11 billion. As a result, …
Radical-Liberals back Switzerland-EU accords
2025-10-18
The Swiss Radical-Liberal Party is in principle in favour of the new package of agreements negotiated by the European Union and Switzerland. Party delegates in Bern voted 330-104 to support the packages. Nine delegates abstained from voting. +Get the most important news from Switzerland in your inbox Before the vote, supporters and opponents of the …
Patent battle in India tests Roche’s grip on rare disease market
2025-10-16
An Indian court has cleared the way for low-cost alternatives to Roche’s drug Evrysdi for spinal muscular atrophy. What’s behind the decision and what could it mean for rare disease patients everywhere? On October 9 the Delhi High Court refused to issue Roche an injunction to prevent generic manufacturers from making and selling a low-cost …
ABB to power new AI data centres with Nvidia
2025-10-14
Swiss technology group ABB will collaborate with US computer chip manufacturer Nvidia to jointly develop new power supply solutions for future data centres. + Get the most important news from Switzerland in your inbox The partnership will focus on the development and deployment of “state-of-the-art power supply solutions”, ABB announced. These are required for a “highly efficient, scalable power supply for future AI workloads”.
Swiss watch exports to US take tumble amid high tariffs
2025-09-18
Swiss watch exports went into a tailspin in August, after surging in July in response to tariffs imposed by the United States. Shipments of timepieces to the US plummeted by almost a quarter, following a 45% jump in July. +Get the most important news from Switzerland in your inbox Overall, Swiss watch exports fell by …
Singapore will not overtake Swiss financial centre, says Swiss Bankers Association president
2025-09-16
The Swiss financial centre is still well-positioned, despite the collapse of Credit Suisse, said the president of the Swiss Bankers Association (SBA) Marcel Rohner. “One cannot speak of a loss of importance,” said the 61-year-old in an interview published today by the Neue Zürcher Zeitung (NZZ). Singapore and Hong Kong were acknowledged as major competitors, …
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