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Novartis feels heat from copycat drugs
2026-04-28
Novartis has felt the dampening effect of generic drugs at the start of the year. Nevertheless, management confirmed its previous outlook for the further course of business. + Get the most important news from Switzerland in your inbox Turnover for the first quarter totalled $13.1 billion, a decrease of 1% compared to the same period …
Iran war impacts Swiss fuel pumps, tourism and economy
2026-04-01
Fuel prices in Switzerland are already being affected by the conflict in Iran, with the price of diesel rising by 22% to CHF2.13 per litre. +Get the most important news from Switzerland in your inbox Unleaded 95 petrol rose by 11% to CHF1.82 and unleaded 98 petrol rose by 10% from CHF1.77 to CHF1.95, according …
US launches new trade investigation against Switzerland
2026-03-12
The US government is launching probes into numerous trade partners, including Switzerland, after US President Trump’s tariff policy faced legal setbacks. The issue is whether structural overcapacity in manufacturing sectors in these countries is putting the US economy at a disadvantage. + Get the most important news from Switzerland in your inbox In addition to …
Swiss president calls for European economic cooperation
2026-02-27
At a meeting with the economic ministers of German-speaking countries in Zurich on Friday, Swiss president Guy Parmelin urged trade cooperation on the continent. + Get the most important news from Switzerland in your inbox European measures should not affect the interlinked supply and value chains. Cooperation and trust must be strengthened among like-minded people …
Switzerland ‘considers European alternative’ to Patriot missiles
2026-02-16
Switzerland is reportedly weighing up a European alternative to Patriot missiles following delays in the delivery of the United States defence system. Such a move could be contentious, considering the economic stakes and tensions with Washington. + Get the most important news from Switzerland in your inbox Washington has postponed the delivery of five Patriot …
Switzerland demands unfettered metal trade with EU
2026-01-29
Switzerland has repeated demands for an exemption from planned European Union metal trade restrictions. + Get the most important news from Switzerland in your inbox The EU plans to cut tariff-free steel import quotas by almost half. The extraordinary meeting of the Joint Committee on the free trade agreement between Switzerland and the European Union …
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