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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, …
Bern and Washington to start trade negotiations ‘as soon as possible’
2026-01-22
Switzerland and the United States want to start the first round of negotiations for a trade agreement as soon as possible, according to Swiss economics minister Guy Parmelin. + Get the most important news from Switzerland in your inbox The first round of negotiations will take place in Bern. Parmelin held “very constructive talks” with …
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 …
OECD expects only moderate Swiss economic growth
2025-12-02
According to the OECD, the Swiss economy is likely to pick up only slightly in the coming years. The lower tariff rates in trade with the United States are improving the outlook slightly, but growth will be driven primarily by domestic consumption. +Get the most important news from Switzerland in your inbox The Organisation for …
Swissgrid posts lower profit in the first half of the year
2025-10-14
Switzerland’s national electricity grid operator Swissgrid generated less turnover and profit in the first half of 2025, but was still able to strengthen its finnacial base. + Get the most important news from Switzerland in your inbox Net sales for the first six months of the year fell by 4% to CHF795.5 million.
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