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US expected to impose 100% tariffs on certain drugs: report
2026-04-02
The administration of United States President Donald Trump is preparing to impose 100% tariffs on certain drugs. The Financial Times reports that the tariffs could be announced later today and will be applied to pharma companies that have not reached an agreement with the White House. +Get the most important news from Switzerland in your …
Swiss imputed rental value to be abolished in 2029
2026-04-01
From the 2029 tax year, the imputed rental value on owner-occupied residential property will no longer be taxable in Switzerland. +Get the most important news from Switzerland in your inbox This was decided by the Federal Council on Wednesday, dismissing a request from alpine cantons to delay the tax change until at least 2030. Six …
Swiss home electronics market resumes growth
2026-02-12
Sales in the Swiss home electronics sector rose slightly in 2025 following two years of decline. Market researchers expect the recovery to continue throughout 2026. + Get the most important news from Switzerland in your inbox Swiss home electronics retailers generated sales of CHF5.3 billion in 2025, which corresponds to a year-on-year increase of 1.6%. …
Why Palantir is becoming a risky bet for Switzerland
2025-12-22
Zurich serves as a hub for US tech company Palantir’s business relations. The Swiss foreign ministry now has the company in its sights, because of its controversial role in Gaza. Palantir is arguably the most controversial tech company in the world today. It expects over $4 billion (CHF3.2 billion) in revenue this year. Many people, …
Gunvor warns of fuel shock as $22 billion Lukoil deal prompts concern over Russia ties
2025-11-06
The Swiss trader’s audacious swoop on Russian group’s overseas assets revives industry speculation over Kremlin links. Europe faces job losses and disruption to its fuel supplies if Gunvor’s bold deal for $22 billion of overseas assets owned by Russia’s Lukoil is blocked, the head of the Swiss commodity trader has warned. The move to snap …
Swiss chocolate maker Barry Callebaut boosts profits after price hikes
2025-11-05
Swiss chocolate maker Barry Callebaut saw its profits increase in the 2024/25 financial year (to the end of August), despite a selling less chocolate. +Get the most important news from Switzerland in your inbox Revenues rose by 42.4% to CHF14.79 billion, boosted by price increases, the cocoa products processor and trader reported on Wednesday. Sales …
Switzerland optimistic about COP30 climate meeting
2025-11-02
Despite the delicate geopolitical context, the Swiss government is optimistic about the upcoming 30th United Nations Climate Change Conference (COP30) in Brazil, which opens on November 10. + Get the most important news from Switzerland in your inbox “The fact that so many countries are cooperating despite all the difficulties is already a success,” Swiss …
SWISS to reduce flight destinations from Geneva
2025-10-30
Swiss International Airlines (SWISS) will be reducing the number of short-haul flights out of Geneva Airport from summer 2026. The airline cites a lack of resources. + Get the most important news from Switzerland in your inbox “We are reducing the number of destinations from Geneva because we need to optimise the use of our …
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