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UBS chair talked to Scott Bessent about moving bank to US
2025-11-17
UBS chair Colm Kelleher and US Treasury secretary Scott Bessent have privately discussed moving the bank’s headquarters to the US, as the Zurich-based lender explores contingency plans to leave Switzerland if the government does not back down on new capital rules. Kelleher and Bessent held talks in recent months about what a move to the …
US tariff negotiations reaffirm Switzerland’s role as a gold hub
2025-11-17
Refined gold was a major part of the negotiations that saw United States tariffs on Switzerland lowered to 15%. Here’s how the Swiss came to dominate the sector. It is difficult to fathom the enormous quantity – and value – of gold that arrives in Switzerland every year. In 2023, Switzerland imported approximately 2,372 tonnes …
Fribourg and Geneva residents triumph at Fondue World Championship
2025-11-16
Around 200 participants took part in the Fondue World Championship held in Tartegnin, canton Vaud, on Saturday. Swiss residents from Geneva and Fribourg took the top awards. +Get the most important news from Switzerland in your inbox The competition was won by Benedikt Wüthrich from the Auboranges cheese dairy in canton Fribourg in the professional …
New RTS TV and radio studios inaugurated at EPFL campus
2025-11-14
The Swiss Broadcasting Corporation (SBC) and its French-language service RTS have inaugurated a new TV and radio production site near Lausanne in western Switzerland. +Get the most important news from Switzerland in your inbox The ribbon-cutting ceremony for the new building, located on the campus of the Federal Institute of Technology Lausanne (EPFL), took place …
Switzerland plans extra taxes on electric vehicles
2025-09-26
Electric vehicles are to be taxed more heavily from 2030. The government has put out to consultation two tax variants – one based on the number of kilometres travelled, the other on electricity – to continue financing Switzerland’s roads. +Get the most important news from Switzerland in your inbox This new tax is intended to …
Swiss parliament demands greater transparency in pricing of food
2025-09-25
The Swiss Senate on Thursday approved a parliamentary initiative to monitor precisely who makes what margin in the food value chain and where various costs are incurred. The House of Representatives had previously also voted in favour of such an initiative. The Senate reached its decision by 21 votes to 18, with no abstentions. The …
US tariffs force Switzerland to rethink trade ties
2025-09-24
United States trade policy is rattling countries worldwide and prompting them to redirect trade flows at record speed. This is also how Switzerland is responding. US tariffs have put many countries in a tight spot. Persistent uncertainty is only making matters worse: will the US president suddenly slap on further tariffs, despite all concessions, as …
Luxury market slows down worldwide, but not in Switzerland
2025-07-29
The luxury market is slowing down worldwide in the wake of falling demand in important regions such as China, but continues to pull in Switzerland. +Get the most important news from Switzerland in your inbox In 2024, it grew by a further 3.5% to reach a volume of CHF5.4 billion, according to an analysis published …
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