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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 …
Trump’s first year, Greenland and tariffs, and NASA’s Moon plans
2026-01-21
Welcome to our press review of events in the United States. Every Wednesday I look at how the Swiss media have reported and reacted to three major stories in the US – in politics, finance and science. All eyes were on the Swiss mountain resort of Davos on Wednesday as US President Donald Trump flew …
Six Swiss cantons call for rail network expansion
2026-01-17
Six Swiss cantons – Basel City, Basel Country, Geneva, Ticino, Valais and Vaud – have submitted a joint request to the Federal Council demanding urgent investments in rail services and infrastructure to deal with an overloaded network. + Get the most important news from Switzerland in your inbox “Every day tens of thousands of people …
Why is pro-business Switzerland considering screening investments by foreigners?
2025-12-04
Swiss policymakers are preparing to introduce their first foreign-investment screening system for security-critical industries, signalling a break from the open-door stance that has long underpinned the country’s prosperity. In May 2014, barely anyone noticed the takeover of a Swiss developer of experimental aviation engines by a rice cooker maker in China. The buyout of Mistral …
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 …
ABB to power new AI data centres with Nvidia
2025-10-14
Swiss technology group ABB will collaborate with US computer chip manufacturer Nvidia to jointly develop new power supply solutions for future data centres. + Get the most important news from Switzerland in your inbox The partnership will focus on the development and deployment of “state-of-the-art power supply solutions”, ABB announced. These are required for a “highly efficient, scalable power supply for future AI workloads”.
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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