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US trade deal forces reckoning for Swiss pharma powerhouse
2025-11-18
Swiss pharmaceutical companies are planning massive investments in research and manufacturing in the United States as part of a deal to secure lower tariffs. But this isn’t the only force fuelling anxiety about the future of Switzerland’s pharma dominance. The Swiss pharmaceutical sector had reason to celebrate on Friday when the government announced a trade …
Report: Swiss Federal Railways boss received death threats after contract awarded to Siemens
2025-11-16
Vincent Ducrot, CEO of Swiss Federal Railways, received death threats after awarding the German group Siemens an order for 116 new double-decker trains worth CHF2.1 billion ($2.6 billion), to the detriment of the Swiss railway manufacturer Stadler, according to SonntagsBlick newspaper. +Get the most important news from Switzerland in your inbox People speaking on condition …
Lessons from the US-Swiss tariff dispute: when the ends justify the means
2025-11-15
Tariff negotiations with the United States have been a steep learning curve for Switzerland and its trade diplomacy — and an unprecedented rollercoaster ride, concludes Matthias Pfander, a business correspondent for Swiss public TV, SRF. First came the shock in April: Switzerland appeared high up on Donald Trump’s tariff list during the specially staged “Liberation …
Swiss property market experiences strong upswing
2025-11-13
The Swiss property market recovered significantly in 2025 after a two-year correction phase. +Get the most important news from Switzerland in your inbox Prices for residential investment properties rose by 5.2% year-on-year in the second quarter, while prices for commercial properties rose by 4.1%, as the consultancy firm Wüest Partner reported on Thursday. + Zurich: …
Nestlé appoints new Nespresso head
2025-09-26
Nestlé has appointed Alfonso Gonzalez Loeschen as CEO of Nespresso and member of the Executive Board. He will succeed Philipp Navratil, who was appointed as new group CEO following a scandal at the food giant. +Get the most important news from Switzerland in your inbox Loeschen, who is currently head of Nespresso North America and …
Swiss Senate backs foreign investment controls
2025-09-24
Switzerland’s Senate has backed plans to control foreign investment in Swiss companies. +Get the most important news from Switzerland in your inbox After the House of Representatives, the Senate adopted the government bill to this effect on Wednesday by 27 votes to 11, against the advice of its committee. The project aims to introduce a …
SWISS sees its operating profit fall mid-year
2025-07-31
SWISS Airlines saw its adjusted operating profit fall by more than a quarter in the first six months of the year, to CHF195.1 million ($240 million). Caution is called for in the second half of the financial year, the Lufthansa subsidiary said on Thursday. In the first half of the year, operating income remained virtually …
Glencore sees copper production plummet in first half of year
2025-07-30
Commodities giant Glencore has published its production report for the first half of the year, which was marked by a sharp fall in copper volumes. +Get the most important news from Switzerland in your inbox Steelmaking coal, meanwhile, rose sharply following the takeover of Canada’s Elk Valley Resources (EVR). From January to June, copper production …
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