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Swiss president: ‘We already have a fair tax system’
2025-12-01
Swiss voters have clearly rejected a political experiment by rejecting the inheritance tax initiative, says Finance Minister Karin Keller-Sutter. She emphasised that the tax system and climate policy in Switzerland were working. +Get the most important news from Switzerland in your inbox “The introduction of a national inheritance tax would have unbalanced our tax system,” …
Voters in Fribourg reject introduction of minimum wage
2025-11-30
On Sunday, Swiss voters in canton Fribourg rejected an initiative by the left and workers’ unions calling for the introduction of a minimum wage. In all, 53.54% voted no, with a turnout of 40.6%. The initiative was opposed by the authorities and business circles. +Get the most important news from Switzerland in your inbox The …
EU fines Richemont brand Chloé €20 million
2025-10-14
The European Union has imposed fines totalling €157 million on the luxury houses Gucci (Kering), Chloé (Richemont) and Loewe (LVMH) for breaches of competition rules. + Get the most important news from Switzerland in your inbox The European Commission has accused the three companies, based in Italy, France and Spain respectively, of restricting the ability …
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.
Over 6,000 apprenticeships remain unfilled in Switzerland
2025-08-17
By mid-August, which is the start of the Swiss school year, some 6,400 apprenticeship vacancies remain, mainly in the construction, catering and machinery industries. This is a quarter fewer than 12 months ago (8,500). +Get the most important news from Switzerland in your inbox These figures, published on Friday by the Yousty apprenticeship platform, show …
Child labour risks in chocolate supply chains go beyond just cocoa
2025-06-18
While cocoa gets the most attention from the chocolate industry when it comes to eliminating child labour, other ingredients like sugar, nuts or vanilla are also high risk. On June 11, the International Labour Organisation announced its global estimate for child labour that it publishes every four years. The report, that it prepared with the …
Dubai chocolate trend leaves Swiss chocolatiers competing for pistachios
2025-06-12
The TikTok-fuelled popularity of Dubai chocolate has prompted Swiss chocolate companies to develop their own versions, spiking demand for pistachios. Dubai chocolate was created in 2021 by British-Egyptian entrepreneur Sarah Hamouda, the founder of Dubai-based FIX Dessert Chocolatier. The chocolate filled with pistachio cream, tahini and kadayif (crispy pastry threads often used in oriental desserts) …
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