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Desperate to save their children, parents become unexpected drug developers
2025-12-18
Ignored by the pharma industry, a growing number of parents are taking drug development for their children’s ultra-rare diseases into their own hands. One couple in Switzerland shares what it takes to keep hope alive. February 2, 2025, was the most frightening day of Mariann Vegh’s life. She had just returned from a walk in …
Swiss authorities raise 2026 economic growth forecast
2025-12-15
Switzerland’s State Secretariat for Economic Affairs (SECO) has slightly raised its 2026 economic growth forecast following the recent agreement to lower US import tariffs on Swiss products. + Get the most important news from Switzerland in your inbox Swiss gross domestic product (GDP) is expected to rise by 1.4% this year and 1.1% in 2026, …
Switzerland gains retroactive US tariff cuts
2025-12-11
Tariffs imposed on Swiss goods by the United States will fall from 39% to 15% with retroactive effect from November 14. +Get the most important news from Switzerland in your inbox The basis for this is the declaration of intent signed by Switzerland, the US and Liechtenstein on that day. The US limited the flat-rate …
Swiss Post expects a ‘significant’ decline in profits
2025-10-26
According to interim CEO Alex Glanzmann, Swiss Post is expecting a significant drop in profits compared to last year. + Get the most important news from Switzerland in your inbox “We are expecting a low three-digit million figure”, said Glanzmann in an interview with Swiss German-language newspaper SonntagsBlick. Swiss Post generated a Group profit of …
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, …
France’s wealthy shift funds to Luxembourg and Switzerland
2025-10-20
Political turmoil and tax threats have accelerated investment flows to havens, asset managers say. French entrepreneurs and wealthy families nervous about political turmoil at home are investing record amounts in Luxembourg-based annuities and shifting other funds to perceived havens such as Switzerland. Wealth managers, bankers and lawyers said the flow of personal investments out of …
Switzerland expects weaker economic growth
2025-08-28
The threat of United States tariffs has dampened Swiss economic growth expectations for 2026. + Get the most important news from Switzerland in your inbox Real gross domestic product (GDP) rose by just 0.1% on an adjusted basis compared to the starting quarter, as announced by the State Secretariat for Economic Affairs (Seco) on Thursday. …
Zurich Airport increases revenue in the first half of the year
2025-08-26
The profit forecasts for the year as a whole have been adjusted upwards. Thanks to the increase in passenger traffic, turnover rose by 2% to CHF641 million, the airport operator announced on Tuesday. The flight segment increased by 4% to CHF327 million. By contrast, revenue from the non-flight segment, which mainly comprises income from real …
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