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In Porto, an unusual Swiss coat of arms stands out in the Stock Exchange Palace
2026-01-14
In the Courtyard of Nations at the Palácio da Bolsa, a white cross on a red background immediately catches the eye. The Swiss coat of arms is a 19th-century tribute to the trade relations between the Swiss Confederation and the Kingdom of Portugal. Beyond its economic significance, these commercial ties also have historical and artistic …
Swiss electricity providers warn of 2050 supply problems
2026-01-12
Delays in grid expansion and increasing demand threatens Switzerland’s stated electricity supply targets for 2050, according to the Association of Swiss Electricity Companies (AES). +Get the most important news from Switzerland in your inbox Switzerland is set to reach just 69 of its 100 indexed targets, says AES. By 2035, this is likely to expand …
Swiss construction firms probed for price fixing
2025-11-20
The Swiss Competition Commission (Comco) has opened an investigation into six firms suspected of fixing prices for tenders in the Swiss canton of Jura. +Get the most important news from Switzerland in your inbox For several years, these companies were alleged to have colluded in public and private tenders for civil engineering and building work, …
US delays pharma tariffs to push for more drug pricing deals
2025-10-02
According to government circles, the new tariffs on pharmaceutical imports into the US announced by US President Donald Trump for October 1 will not be imposed after all. This was announced by a high-ranking government official to the German Press Agency. +Get the most important news from Switzerland in your inbox Instead, tariffs are now …
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, …
UBS protests Swiss capital requirement proposal
2025-09-26
Switzerland’s government formally proposed giving UBS bank seven years to fully comply with higher capital requirements, confirming previous guidance. +Get the most important news from Switzerland in your inbox The biggest banks in Switzerland, most notably UBS, should “provide full capital backing for their participations in foreign subsidiaries,” the government said in a statement on …
US sets deadline for Novartis and other pharma firms to lower prices
2025-08-01
US President Donald Trump says he has sent letters to 17 major pharmaceutical companies – including Swiss giant Novartis – calling for immediate measures to lower drug prices in the United States. Otherwise, they will face retaliatory measures. +Get the most important news from Switzerland in your inbox In letters addressed personally to the company …
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