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‘Money laundering’ Swiss MBaer bank shut down
2026-02-27
The Swiss Financial Market Supervisory Authority (FINMA) has ordered the liquidation of MBaer Merchant Bank, which has been labelled a money laundering risk by the United States. + Get the most important news from Switzerland in your inbox The supervisory authority had previously identified serious deficiencies in the Zurich-based private bank’s anti-money laundering practices during …
Swiss service sector adds jobs as industry employment dips
2026-02-26
Employment in Switzerland continued to rise slightly in the fourth quarter of 2025. The increase was once again driven by the services sector, while industry jobs continue to decline. + Get the most important news from Switzerland in your inbox The employment outlook is positive overall, according to the employment barometer published by the Federal …
How a project in Peru supports sustainable cocoa – and serves Swiss interests
2026-01-13
Cocoa is in high demand and production is booming. In Peru, Switzerland is helping farmers grow cocoa more sustainably, while also ensuring Swiss chocolate producers have easy access to it. But funding for such projects in Latin America is shrinking. Luis Beltrán Vásquez, 78, has spent his entire life farming in Peru, mostly by raising …
Swiss pharma industry braced for upheaval
2026-01-08
United States trade policy has exposed the Swiss pharmaceutical industry to a period of upheaval, according to Interpharma, which represents Switzerland’s research-based pharma firms. +Get the most important news from Switzerland in your inbox Switzerland is currently standing at a crossroads, said Interpharma president Jörg-Michael Rupp stated at the association’s annual media conference. + How …
Jungfrau Railways visitor numbers top a million in 2025
2026-01-08
The Jungfrau Railway Group once again transported over a million guests to the Jungfraujoch in 2025. +Get the most important news from Switzerland in your inbox The group also presented new medium-term targets. As in the previous year, a total of 1.06 million guests were transported to the Jungfraujoch. This corresponds to a slight decrease …
Swiss watchmaking: Breitling boss welcomes US tariff cut
2025-11-17
The recent decision to lower US tariffs on Swiss imports from 39% to 15% is particularly good news for the watch industry, says Georges Kern, head of the Breitling luxury watch brand. +Get the most important news from Switzerland in your inbox The new deal shows that “Team Switzerland”, with the support of the Swiss …
Swiss press question concessions in US tariff deal
2025-11-16
Swiss newspapers have questioned the deal struck with Washington and concessions made by Switzerland to allow the tariff rate on Swiss imports to be lowered from 39% to 15%. What exactly were they? Some doubts remain. +Get the most important news from Switzerland in your inbox Switzerland and the United States announced on Friday that …
Around 1,500 construction workers protest in Zurich
2025-11-14
Around 1,500 construction workers took to the Zurich streets on Friday to protest against worsening conditions. +Get the most important news from Switzerland in your inbox The first demonstrators gathered in the city centre early on Friday morning. Most construction sites in Zurich remained at a standstill, representatives of the Unia and Syna unions told …
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