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Freeze forces SWISS to cancel dozens of flights
2026-01-08
Swiss International Air Lines has cancelled 57 flights since the beginning of the year due to the weather. +Get the most important news from Switzerland in your inbox The airline expects further cancellations in the coming days due to the current weather conditions in Europe. A total of around 7,430 passengers were affected by the …
Swiss inflation slowed sharply in 2025
2026-01-08
Inflation slowed to 0.2% in Switzerland last year, as an acceleration in rents was offset by a fall in energy costs. +Get the most important news from Switzerland in your inbox This trend could encourage the Swiss National Bank (SNB) to maintain the monetary status quo. Inflation accelerated by an average of 0.2% in 2025, …
Swiss consumers buying fewer new cars
2026-01-07
The Swiss are buying fewer cars and the vehicle fleet is ageing, according to the vehicle importers’ association Auto-Swiss. +Get the most important news from Switzerland in your inbox Specifically, according to data released on January 2 by Auto-Swiss, the importers’ association, but with little media coverage apart from the Tages-Anzeiger, 233,700 new cars will …
UBS chair talked to Scott Bessent about moving bank to US
2025-11-17
UBS chair Colm Kelleher and US Treasury secretary Scott Bessent have privately discussed moving the bank’s headquarters to the US, as the Zurich-based lender explores contingency plans to leave Switzerland if the government does not back down on new capital rules. Kelleher and Bessent held talks in recent months about what a move to the …
US tariff negotiations reaffirm Switzerland’s role as a gold hub
2025-11-17
Refined gold was a major part of the negotiations that saw United States tariffs on Switzerland lowered to 15%. Here’s how the Swiss came to dominate the sector. It is difficult to fathom the enormous quantity – and value – of gold that arrives in Switzerland every year. In 2023, Switzerland imported approximately 2,372 tonnes …
Swiss government wants a new law to secure gas supplies
2025-09-20
The supply of gas in Switzerland is to be regulated by means of a new special law (Gas Supply Act). On Friday, the government launched a consultation until December 19 on a draft. The aim is to increase the security of gas supply and to define clear rules for market access by end consumers, a …
Swiss watch exports to US take tumble amid high tariffs
2025-09-18
Swiss watch exports went into a tailspin in August, after surging in July in response to tariffs imposed by the United States. Shipments of timepieces to the US plummeted by almost a quarter, following a 45% jump in July. +Get the most important news from Switzerland in your inbox Overall, Swiss watch exports fell by …
Singapore will not overtake Swiss financial centre, says Swiss Bankers Association president
2025-09-16
The Swiss financial centre is still well-positioned, despite the collapse of Credit Suisse, said the president of the Swiss Bankers Association (SBA) Marcel Rohner. “One cannot speak of a loss of importance,” said the 61-year-old in an interview published today by the Neue Zürcher Zeitung (NZZ). Singapore and Hong Kong were acknowledged as major competitors, …
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