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Swiss banks stop exchange of Bulgarian lev as euro introduced in 2026
2025-12-30
When the euro is introduced in Bulgaria on January 1, 2026, it will be difficult to exchange the previous Bulgarian national currency, the lev, in Switzerland. Local banks have stopped the exchange. The banks are no longer able to resell the lev banknotes on the interbank market, Zürcher Kantonalbank explained on Tuesday in response to …
More women on the boards of Swiss listed companies
2025-12-29
The number of women on the boards of directors (BoDs) of companies listed on the Swiss stock exchange will increase in 2025. This is the result of a data analysis by the economic news agency AWP. After a 2024 characterised by an above-average number of changes in the Boards of Directors of the 212 companies …
A great year for gold with a favourable 2026 ahead
2025-12-22
The year 2025 was a brilliant year for gold. The yellow metal gained more than 60%, steadily updating its records. Monday, for the first time in history, the $4400 (CHF3488) per ounce has been exceeded (i.e. the kilo is at around CHF113,000). And according to experts, the ingredients are all there for 2026 to be …
Swiss to vote on tax and license fee initiatives in March
2025-11-05
Switzerland will vote on four popular initiatives on March 8, including proposals on individual taxation and on financing the national broadcaster SRG. +Get the most important news from Switzerland in your inbox The government has decided to put all four proposals ready for a vote to the ballot box at the same time, it announced …
Chocolate bounty: Ghana at war against cocoa smugglers
2025-11-05
The disconnect between high global cocoa prices and the price paid to farmers has resulted in unprecedented cocoa smuggling across Ghana’s borders. In mid-September, a minibus travelling from Ghana’s capital Accra was intercepted further north-east in the town of Sagakope by the Sogakope District Police and the National Anti-Cocoa Smuggling Taskforce. The vehicle was stopped …
Swatch CEO on tariffs: ‘whole world saw Switzerland panic’
2025-09-15
Swatch CEO Nick Hayek accuses the Swiss federal government of a lack of leadership in the tariff dispute with the United States. +Get the most important news from Switzerland in your inbox Switzerland showed signs of weakness and panicked before the eyes of the whole planet, he says: in his opinion, the government should have …
Swiss watchmaking industry grapples with spike in US trade tariffs
2025-09-12
The 39% tariffs on Swiss exports to the United States, introduced in August, are a heavy blow for Swiss watchmakers. Industry journalist Alexey Tarkhanov went to the Geneva Watch Days trade fair to get a feel for the mood. The announcement had already cast a shadow over Swiss National Day, August 1. One month later, …
Explainer: How the new US tariffs are already impacting the Swiss economy
2025-09-08
On August 1, US President Donald Trump announced a tariff of 39% for Switzerland. The effects are slowly becoming visible. Only five countries have higher tariffs for their exports to the US than Switzerland. Of all the industrialised nations and European countries, Switzerland has the highest US tariffs. At the same time, the US has …
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