You Might Also Like
Swiss oil traders weigh opportunities following US intervention in Venezuela
2026-01-07
The US military intervention in Venezuela and capture of president Nicolás Maduro has put the world’s largest oil reserves back on the global energy map. Switzerland’s oil traders are paying close attention. Since the United States imposed sanctions on Venezuela’s state oil company, Petróleos de Venezuela SA (PDVSA), in 2019 under Donald Trump, Swiss oil …
Asia’s wealthy turn to Switzerland to park assets
2025-12-30
Swiss private banks report rising demand from Asian family offices and rich individuals to book assets in Europe. Swiss private banks are expanding their Asia-focused teams onshore in Switzerland, after a sharp rise in referrals and inquiries from the region during the past two years. Bankers said Asian family offices and ultra-wealthy individuals were increasingly …
The Geneva cardoon: a vegetable with spine
2025-12-27
The Christmas holidays mark the brief moment when Geneva’s spiny-leaved cardoon steps into the spotlight. Beyond its traditional growing area, however, the vegetable remains little known, despite its historical and gastronomic significance. Is there such a thing as a typical Swiss Christmas dish? A hard question, given the diversity of culinary traditions and the fact …
Swiss minister lands in Washington for tariff talks
2025-11-13
Swiss Economics Minister Guy Parmelin has touched down in Washington to hold talks with United States trade representative Jamieson Greer. +Get the most important news from Switzerland in your inbox The talks are “ongoing”, ministerial spokesperson Markus Spörndli told Keystone-SDA on Thursday morning. However, a conclusion to the tariff negotiations on Thursday is “somewhat unlikely”. …
Novartis CEO wants to end higher pricing for drugs sold in the US
2025-09-20
The Swiss pharmaceutical company Novartis wants to eliminate the price difference between medicines in the US and other industrialised countries. Group CEO Vasant Narasimhan believes that countries outside the US have a duty to contribute more to innovation. “It is a fact that American patients pay for a large part of the innovations,” said Narasimhan …
Swiss watch exports to US take tumble amid high tariffs
2025-09-18
Swiss watch exports went into a tailspin in August, after surging in July in response to tariffs imposed by the United States. Shipments of timepieces to the US plummeted by almost a quarter, following a 45% jump in July. +Get the most important news from Switzerland in your inbox Overall, Swiss watch exports fell by …
Singapore will not overtake Swiss financial centre, says Swiss Bankers Association president
2025-09-16
The Swiss financial centre is still well-positioned, despite the collapse of Credit Suisse, said the president of the Swiss Bankers Association (SBA) Marcel Rohner. “One cannot speak of a loss of importance,” said the 61-year-old in an interview published today by the Neue Zürcher Zeitung (NZZ). Singapore and Hong Kong were acknowledged as major competitors, …
Swatch CEO on tariffs: ‘whole world saw Switzerland panic’
2025-09-15
Swatch CEO Nick Hayek accuses the Swiss federal government of a lack of leadership in the tariff dispute with the United States. +Get the most important news from Switzerland in your inbox Switzerland showed signs of weakness and panicked before the eyes of the whole planet, he says: in his opinion, the government should have …
Tags: Featured,newsletter
