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Swiss franc strengthens against dollar, but SNB unlikely to intervene
2026-01-27
The Swiss franc continues to get stronger against the dollar, with a new high reported on Tuesday. But the Swiss National Bank (SNB) is unlikely to intervene, according to a financial expert. +Get the most important news from Switzerland in your inbox On Tuesday afternoon, one US dollar fell to CHF0.7701, its lowest level ever, …
Switzerland sends experts and aid to storm-hit Sri Lanka
2025-12-05
Switzerland has sent experts and aid material to storm-hit Sri Lanka. A team from the Swiss Humanitarian Aid Unit is now on the ground to help provide water and sanitation. +Get the most important news from Switzerland in your inbox Sri Lanka has launched an international appeal for help in view of the extensive flooding …
Nestlé’s Brabeck-Letmathe relinquishes chairman emeritus title
2025-12-03
Former Nestlé boss Peter Brabeck-Letmathe will soon relinquish his honorary title of chairman emeritus. +Get the most important news from Switzerland in your inbox The company confirmed the news to the Awp news agency , confirming a report in the Neue Zürcher Zeitung. + Why Nestlé is closing down a prospering Irish factory The news …
Swiss inflation drops to zero in November
2025-12-03
Annual inflation in Switzerland fell again in November. Compared to the previous month of October, prices fell significantly on average. +Get the most important news from Switzerland in your inbox Specifically, annual inflation stood at 0% in November after 0.1% in the previous month, as reported by the Federal Statistical Office (FSO) on Wednesday. This …
Voters in Fribourg reject introduction of minimum wage
2025-11-30
On Sunday, Swiss voters in canton Fribourg rejected an initiative by the left and workers’ unions calling for the introduction of a minimum wage. In all, 53.54% voted no, with a turnout of 40.6%. The initiative was opposed by the authorities and business circles. +Get the most important news from Switzerland in your inbox The …
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