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Swiss government to reject sustainable financial centre initiative
2026-08-12
The Swiss government is set to recommend that parliament rejects a popular initiative “for a sustainable and forward-looking Swiss financial centre”, without putting forward a counter-proposal. It took this decision on Wednesday, arguing that it is already committed to “a financial centre focused on sustainability”. According to the government, Switzerland’s current legislation and policy already …
Swiss farmers call for financial support during drought
2026-08-07
The Swiss Farmers’ Union is calling on the business community and politicians to help agriculture cope with the drought. A lack of rainfall has resulted in emergency slaughter due to a shortage of feed, a slump in milk production caused by animals suffering from the heat, and water shortages. + Swiss agriculture adapts to climate …
Zero interest rates drive up Swiss property prices
2026-08-05
The ongoing zero interest rate policy continues to boost the Swiss property market, with residential prices rising further in the first half of 2026. Detached houses, in particular, saw a significant increase in price. + Buy or rent? Find out where you can afford to live in Switzerland Prices for flats rose by an average …
Sandoz legal costs weigh down profits
2026-08-05
Swiss generic drugs giant Sandoz saw profits plummet by 70% in the first six months of the year as a result of huge legal costs. Profits slumped to $109 million after the company was fined around $480 million in the United States. The Rhine-based multinational had previously set aside provisions for this anticipated legal cost. …
FIFA is pressing ahead with plan to onboard private investors
2026-07-31
FIFA announced on Friday that it intended to press ahead with its plan to set up a commercial company open to foreign investors, despite criticism and threats of a boycott from European nations. “The consultation process we had planned has been disrupted by inaccurate information reported in the media,” FIFA, world football’s governing body, said …
AI armageddon, NATO alliance wobbles and SpaceX going public
2026-04-15
The latest threat of AI apocalypse has inspired a mixture of dread and doubt in the Swiss press. But the antics of mega-US companies might also serve as inspiration for others. Welcome to our press review of events in the United States. Every Wednesday we look at how the Swiss media have reported and reacted …
Switzerland hit by stricter EU steel import rules
2026-04-14
The Swiss steel industry is facing tougher European tariffs after the European Union tightened import rules to protect the industry. +Get the most important news from Switzerland in your inbox EU member states and parliament have agrred that in future the duty-free import volume for steel will be limited to 18.3 million tonnes per year, …
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