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Swiss pharma industry braced for upheaval
2026-01-08
United States trade policy has exposed the Swiss pharmaceutical industry to a period of upheaval, according to Interpharma, which represents Switzerland’s research-based pharma firms. +Get the most important news from Switzerland in your inbox Switzerland is currently standing at a crossroads, said Interpharma president Jörg-Michael Rupp stated at the association’s annual media conference. + How …
Jungfrau Railways visitor numbers top a million in 2025
2026-01-08
The Jungfrau Railway Group once again transported over a million guests to the Jungfraujoch in 2025. +Get the most important news from Switzerland in your inbox The group also presented new medium-term targets. As in the previous year, a total of 1.06 million guests were transported to the Jungfraujoch. This corresponds to a slight decrease …
Swiss retail resilient despite difficult economic climate
2026-01-07
The Swiss retail sector proved resilient last year, with sales boosted by rising real wages. According to UBS economists, the sector should continue on this path in 2026. +Get the most important news from Switzerland in your inbox Nominal sales in the Swiss retail sector will have grown by 1% by 2025, according to the …
White House hails ‘historic’ tariff deal with Switzerland
2025-11-17
The White House has praised the framework for a ‘historic trade deal’ negotiated with Switzerland. The agreement announced on Friday promises a lower US import tariff rate of 15% for Switzerland – down from 39% – in return for $200 billion in investments by Swiss companies in the US. +Get the most important news from …
US tariff rate cut: Swiss press are upbeat but warn of high cost
2025-11-15
The Swiss media has breathed a collective sigh of relief following the announcement of a framework trade agreement on Friday that includes Washington slashing its tariffs on imported Swiss products to 15% from 39% and a pledge by Swiss companies to invest $200 billion in the US by the end of 2028. But newspaper editorials …
Swiss tech sector feels the squeeze of Trump’s tariffs
2025-11-14
The Swiss tech industry remains under heavy pressure. On top of global political uncertainty and a strong Swiss franc, US tariffs are making life difficult for companies, it was reported on Friday. +Get the most important news from Switzerland in your inbox Turnover rose by 3% in the third quarter of 2025 compared to the …
Swiss National Bank keeps key interest rate at zero
2025-09-25
The Swiss National Bank (SNB) is taking a break from interest rates. After six consecutive interest rate cuts, the key interest rate will remain at 0.00%, the SNB announced on Thursday. +Get the most important news from Switzerland in your inbox Inflationary pressure is practically unchanged compared to the previous quarter, the SNB wrote in …
Thyssenkrupp Presta cuts 570 jobs in Switzerland and Liechtenstein
2025-09-22
The crisis in the automotive industry is also hitting Switzerland hard. Thyssenkrupp Presta, a group specialising in the production of steering systems for cars, will cut up to 570 jobs in Liechtenstein and the Swiss canton of Appenzell Inner Rhodes. Over the next 12 months, the workforce will be reduced by a quarter, the subsidiary …
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