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Swiss franc surges to decade high as traders seek last ‘reliable’ haven
2026-01-28
Alpine currency at strongest level since 2015 shock appreciation, putting pressure on central bank. The Swiss franc has surged to its strongest level against the US dollar in more than a decade, as a stampede into what traders are calling currency markets’ last “reliable” haven poses an increasing problem for the Swiss National Bank. The …
EU rail expansion bypassing Switzerland
2025-12-10
The European Union is planning a vast expansion of its high-speed rail network, which would not pass through Switzerland. At the same time, Swiss Federal Railways is developing direct connections to Europe. +Get the most important news from Switzerland in your inbox This weekend, the timetable change takes effect. For international services, Swiss Federal Railways …
Swiss hotel industry heading for new highs after strong summer
2025-12-08
The Swiss hotel industry remains on course for a record year. After another increase in overnight stays in October, the industry can look back on a consistently strong summer season. In October, the number of overnight stays climbed by 4.1% year-on-year to 3.47 million, as reported by the Federal Statistical Office (FSO) on Monday. Swiss …
Switzerland adopts negotiating mandate for tariff agreement with US
2025-12-05
The Swiss government approved the draft negotiating mandate for a trade agreement with the United States on Friday. It will now consult the relevant parliamentary committees and the cantons. +Get the most important news from Switzerland in your inbox The basis for the negotiating mandate is the legally non-binding declaration of intent between Switzerland and …
Swiss commodities trader Glencore cuts 1,000 jobs
2025-12-03
Swiss commodities giant Glencore has eliminated around 1,000 posts as part of its turnaround plan announced in August. +Get the most important news from Switzerland in your inbox At the end of last year, the Zug-based multinational had some 84,000 employees. When questioned by the AWP agency, the company declined to provide any further details …
Swiss construction workers vote to strike over work hours dispute
2025-10-16
More than 20,000 Swiss construction workers have voted in favour of strike action, two labour unions, Unia and Syna, said on Thursday. While a new national agreement is being discussed, the question of working hours remains as divisive as ever. + Get the most important news from Switzerland in your inbox “Construction workers are at …
Switzerland and India sign memorandum on mobility
2025-10-15
On Wednesday, Switzerland and India signed a memorandum of understanding on mobility systems. The agreement is intended to facilitate access for Swiss companies to major Indian transport infrastructure projects. + Get the most important news from Switzerland in your inbox The Swiss government approved the agreement on October 8, according to a press release. The …
Swiss gold shipments to US soared in July
2025-08-21
Swiss gold exports to the United States soared in July. Almost five times as much precious metal was sent compared to the previous year – 54 tonnes worth almost CHF4.7 billion. +Get the most important news from Switzerland in your inbox Last month, Switzerland exported a total of 139 tonnes of gold worth CHF12 billion, …
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