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Swiss drugmakers face mixed fortunes amid Trump’s tariff upheaval
2025-10-08
Pharma giants may escape the worst of the import tariffs threatened by US President Donald Trump as they cut drug prices and commit to invest billions in US manufacturing. But Switzerland’s smaller developers face a more uncertain future. More pharma companies are expected to follow in the steps of American giant Pfizer and secure deals …
Roche’s AI-based kidney test gains European certification
2025-10-06
A new tool to evaluate kidney function developed by Swiss pharma firm Roche and which uses artificial intelligence has passed a regulatory test. The Chronic Kidney Disease algorithm panel has received the European CE marking of conformity, the Basel-based company announced on Monday. +Get the most important news from Switzerland in your inbox The new …
Banking Climate Alliance ends activities
2025-10-03
The Net-Zero Banking Alliance (NZBA), the UN’s carbon neutrality programme for the banking sector, says it will cease its activities. Swiss bank UBS withdrew last August. The NZBA was launched in 2021 as part of the United Nations Environment Programme Finance Initiative (UNEP-FI) to encourage banks to take concrete steps to reduce the carbon footprint …
Trump’s tariffs expose weakness of Switzerland’s economic independence
2025-08-12
It’s not often that Switzerland finds itself at the sharp end of a global trade dispute. Even less often is it singled out with punitive action from a major trading partner. But this month, the US imposed a 39% tariff on most Swiss goods after a seven-day grace period lapsed. It is a rate more …
Swiss gold exports might not face US tariffs after all
2025-08-09
Gold exports to the United States may not be taxed after all. The White House plans to issue an executive order in the near future to clarify misinformation about the taxation of gold bullion, in particular. This announcement of a future clarification decree, transmitted on Friday by news agency AFP, follows information from US customs …
Switzerland regains crown as world’s most competitive nation
2025-06-17
Switzerland has been ranked as the most competitive country in the world, having lost the title to Nordic and Asian rivals in recent years. +Get the most important news from Switzerland in your inbox According to an annual study by the Lausanne-based IMD business school, Switzerland has pushed Singapore and Hong Kong into second and …
Datwyler to close Ohio site putting 70 jobs at risk
2025-06-11
The Uri-based industrial group Datwyler is streamlining its production network in the US. The closure of one site in Ohio will probably result in the loss of the vast majority of the 70 or so jobs there. Datwyler announced on Wednesday that the production and sales activities at the Vandalia site in Ohio will be …
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