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Swiss consumers buying fewer new cars
2026-01-07
The Swiss are buying fewer cars and the vehicle fleet is ageing, according to the vehicle importers’ association Auto-Swiss. +Get the most important news from Switzerland in your inbox Specifically, according to data released on January 2 by Auto-Swiss, the importers’ association, but with little media coverage apart from the Tages-Anzeiger, 233,700 new cars will …
Vaccine maker Janssen closes plant in Bern
2025-12-31
Vaccine developer Janssen is closing its plant in Bern-Bümpliz. It is still unclear whether the site will be sold to a third party. +Get the most important news from Switzerland in your inbox Johnson & Johnson, to which the company belongs, is continuing to examine various options for the Bern site. This includes selling it …
What lies ahead for Switzerland: an economic outlook for 2026
2025-12-30
Next year the Swiss economy will face downward pressure from weaker domestic demand and ongoing uncertainty related to US import tariffs. The Swiss economy remained stable in 2025 with wage growth and domestic demand offsetting the negative impact of the tariffs imposed on Swiss exports to the United States. Domestic demand is expected to grow …
Swiss campaigners submit petition to protect minors on social media
2025-09-18
Social media platforms should no longer be accessible to children and young people under the age of 16, a new petition is requesting. The non-profit organisation NextGen4Impact submitted the petition with 60,000 signatures to the Swiss government on Thursday. +Get the most important news from Switzerland in your inbox “We need a clear age limit …
Swiss House of Representatives rejects plan to abolish marriage tax penalty
2025-09-17
The Swiss House of Representative recommended rejecting the centrist initiative to abolish the marriage penalty in federal tax without a counter-proposal by 99 votes to 92. It considers the proposed model to be unsuitable and favours individual taxation. +Get the most important news from Switzerland in your inbox The initiative “Yes to fair federal taxes …
Switzerland signs free trade agreement with Mercosur states
2025-09-17
Swiss Economics Minister Guy Parmelin and representatives of the other European Free Trade Association states (EFTA) signed the free trade agreement with the Mercosur states in Rio de Janeiro on Tuesday. It enables “significant customs savings” for Swiss companies. +Get the most important news from Switzerland in your inbox The signing of the free trade …
Top executives in Switzerland earn 143 times more than employees
2025-09-15
Last year, senior executives of large Swiss companies earned 143 times more than their lower-paid employees. According to a study by the trade union Unia, the gap has narrowed slightly compared to recent years. +Get the most important news from Switzerland in your inbox In 2023, the gap between the highest and lowest wages was …
Reduced fine for Credit Suisse in currency cartel case
2025-07-23
The Court of Justice of the European Union has reduced the fine imposed on Credit Suisse from €83.2 million to €28.9 million, while confirming its involvement in a spot foreign exchange cartel. While Credit Suisse did indeed take part in the cartel, the Commission did not correctly determine the replacement value of its sales in …
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