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Swiss electricity providers warn of 2050 supply problems
2026-01-12
Delays in grid expansion and increasing demand threatens Switzerland’s stated electricity supply targets for 2050, according to the Association of Swiss Electricity Companies (AES). +Get the most important news from Switzerland in your inbox Switzerland is set to reach just 69 of its 100 indexed targets, says AES. By 2035, this is likely to expand …
Swiss authorities impose ban on sale of PFAS-tainted fish
2025-11-14
Pike and perch from Lake Zug in central Switzerland are too contaminated by PFAS, so-called “forever chemicals”. Their sale or distribution as food is forbidden with immediate effect. +Get the most important news from Switzerland in your inbox Representative samples of the stocks showed that the federal food safety limits had been exceeded, the Zug …
Swiss economy grew by 1.4% in 2024
2025-09-29
According to the latest data, the Swiss economy grew significantly in 2024. Gross domestic product (GDP) recorded an increase of 1.4% at the previous year’s prices, as reported by the Federal Statistical Office (FSO) on Monday. +Get the most important news from Switzerland in your inbox At current prices, it rose by 2.4% to CHF854 …
Switzerland enters digital trade deal with Singapore
2025-09-26
Switzerland is among the EFTA states ( also Iceland, Liechtenstein and Norway) that have signed an agreement on digital trade with Singapore. +Get the most important news from Switzerland in your inbox Swiss Economics Minister Guy Parmelin and representatives of the other EFTA states signed the deal with Singapore’s Minister for Trade Relations, Grace Fu, …
Swiss National Bank keeps key interest rate at zero
2025-09-25
The Swiss National Bank (SNB) is taking a break from interest rates. After six consecutive interest rate cuts, the key interest rate will remain at 0.00%, the SNB announced on Thursday. +Get the most important news from Switzerland in your inbox Inflationary pressure is practically unchanged compared to the previous quarter, the SNB wrote in …
Thyssenkrupp Presta cuts 570 jobs in Switzerland and Liechtenstein
2025-09-22
The crisis in the automotive industry is also hitting Switzerland hard. Thyssenkrupp Presta, a group specialising in the production of steering systems for cars, will cut up to 570 jobs in Liechtenstein and the Swiss canton of Appenzell Inner Rhodes. Over the next 12 months, the workforce will be reduced by a quarter, the subsidiary …
SWISS sees its operating profit fall mid-year
2025-07-31
SWISS Airlines saw its adjusted operating profit fall by more than a quarter in the first six months of the year, to CHF195.1 million ($240 million). Caution is called for in the second half of the financial year, the Lufthansa subsidiary said on Thursday. In the first half of the year, operating income remained virtually …
Glencore sees copper production plummet in first half of year
2025-07-30
Commodities giant Glencore has published its production report for the first half of the year, which was marked by a sharp fall in copper volumes. +Get the most important news from Switzerland in your inbox Steelmaking coal, meanwhile, rose sharply following the takeover of Canada’s Elk Valley Resources (EVR). From January to June, copper production …
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