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Nestlé chief blames Trump for company going quiet on sustainability
2026-01-22
Philipp Navratil tells staff that ESG has ‘gone off the agenda’ for US investors since president’s re-election. Nestlé chief executive Philipp Navratil has partly blamed Donald Trump for the company’s failure to talk enough about sustainability, as the US president dismantles the country’s environmental regulations and labels climate change “a hoax”. At an event for …
Trump’s tariff threats are ‘a mistake,’ says von der Leyen at WEF
2026-01-20
The additional tariffs proposed by US President Trump are a mistake, declared European Commission President Ursula von der Leyen at the opening of the World Economic Forum (WEF). She was reacting to the US President’s threats if Greenland was not ceded to him. + Get the most important news from Switzerland in your inbox “We …
Anti-WEF demo in Zurich turns violent
2026-01-20
An anti-WEF demonstration on Monday evening turned violent, resulting in property damage and clashes with police. Several thousand people took part in the rally at the start of the World Economic Forum, as reported by the Zurich city police. + Get the most important news from Switzerland in your inbox The demonstration with the slogan …
Swiss to vote on preserving cash as a payment system
2026-01-19
On March 8, the Swiss will decide whether the availability of cash should be enshrined in the constitution. A popular initiative and the government’s counterproposal are both on the ballot. An explainer. How do the Swiss use cash currently? According to a recent study by the Swiss National Bank (SNB), Swiss residents are moving away …
Swiss Senate votes against Swedish night train subsidy
2025-12-02
The Swiss Senate wants to cancel a federal contribution of CHF10 million to run night trains to Malmö, Sweden. +Get the most important news from Switzerland in your inbox The Senate made the decision by a clear majority on Tuesday when discussing the budget for 2026. The subsidy is planned for an overnight connection from …
Swiss economy shrinks significantly in third quarter
2025-11-28
As expected, US President Donald Trump’s tariff blow against Switzerland left its mark on the local economy in the third quarter. +Get the most important news from Switzerland in your inbox Gross domestic product (GDP) shrank by 0.5% in the third quarter on an adjusted basis compared to the previous quarter. On Friday, the State …
Swiss politicians decry ‘gold bar diplomacy’ in Trump trade deal
2025-11-28
Swiss euphoria at securing lower US trade tariffs has given way to a backlash over “oligarch diplomacy” and the role executives played from companies including Rolex and Richemont. An outline agreement Washington and Bern announced this month would reduce average US levies on Swiss industrial exports from 39 per cent to 15 per cent. Swiss …
Nestlé exits global alliance to reduce methane emissions
2025-10-09
Swiss multinational Nestlé is abandoning an international alliance to reduce methane emissions in the dairy industry, an entity that the company had helped to found only two years ago. +Get the most important news from Switzerland in your inbox Nestlé regularly reviews its membership of external organisations and, as part of this process, has decided …
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