Category Archive: 3) Swiss Markets and News
Swiss Stadler Rail creates 200 US jobs
Swiss train manufacturer Stadler Rail is expanding its factory in the United States, creating some 200 new jobs in Salt Lake City. +Get the most important news from Switzerland in your inbox This brings the company's total US workforce to almost 800, it told AWP on Wednesday. Demand in the US continues to grow, particularly …
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Online investment scams on the rise in Switzerland
The number of online investment scams has risen sharply in Switzerland since the start of the year. +Get the most important news from Switzerland in your inbox Cyberthieves are impersonating celebrities to gain the trust of their victims, according to a government report. During the first six months of 2025, the number of cyber incidents …
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French court rejects immediate Nestlé Perrier ban
Nestlé may continue to sell Perrier in France as natural mineral water for the time being. A court in Nanterre has rejected a temporary ban on sales requested by consumer protection organisations. +Get the most important news from Switzerland in your inbox The judgement, which is available to the news agency AWP, rejected all of …
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Timeline: How US President Trump upended the pharma industry in 2025
United States President Donald Trump’s planned tariffs on pharmaceuticals have disrupted the industry. Here’s a timeline of developments affecting this sector since he came into office in January 2025. Traditionally opaque negotiations for drug prices have left Americans paying two to three times more for patented drugs than Europeans do on average. US President Donald …
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US trade deal forces reckoning for Swiss pharma powerhouse
Swiss pharmaceutical companies are planning massive investments in research and manufacturing in the United States as part of a deal to secure lower tariffs. But this isn’t the only force fuelling anxiety about the future of Switzerland’s pharma dominance. The Swiss pharmaceutical sector had reason to celebrate on Friday when the government announced a trade …
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Big Pharma steps up race for AI-discovered drugs
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What if the most valuable drug candidates aren’t found but designed on demand? We follow a chemist’s journey from a pencil-and-paper notebook to generative algorithms that propose novel, IP-free molecules tailored to specific targets, and we open the door to how Swiss pharma is rebuilding discovery around AI.
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Swiss Federal Railways to extend night train service trial in 2026
Swiss Federal Railways is adapting its national rail timetable on December 14 and plans to introduce a night train service on the Bern-Zurich-Winterthur route. +Get the most important news from Switzerland in your inbox Federal Railways tested this night-time link on several weekends in spring and autumn, the CH-Media newspaper group reported on Monday. It …
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Swiss watchmaking: Breitling boss welcomes US tariff cut
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 …
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UBS chair talked to Scott Bessent about moving bank to US
UBS chair Colm Kelleher and US Treasury secretary Scott Bessent have privately discussed moving the bank’s headquarters to the US, as the Zurich-based lender explores contingency plans to leave Switzerland if the government does not back down on new capital rules. Kelleher and Bessent held talks in recent months about what a move to the …
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US tariff negotiations reaffirm Switzerland’s role as a gold hub
Refined gold was a major part of the negotiations that saw United States tariffs on Switzerland lowered to 15%. Here's how the Swiss came to dominate the sector. It is difficult to fathom the enormous quantity - and value - of gold that arrives in Switzerland every year. In 2023, Switzerland imported approximately 2,372 tonnes …
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Q3: Swiss GDP falls amid global slowdown, tariff shock
The Swiss economy has felt the full impact of the introduction of 39% US tariffs in August and the slowdown in the global economy. An initial estimate shows a contraction in gross domestic product (GDP) from July to the end of September. +Get the most important news from Switzerland in your inbox GDP shrank by …
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Why Switzerland’s patent office spends tens of thousands on nuts
The Swiss Federal Institute of Intellectual Property (IPI) buys nuts for its staff. The reason: to promote a fit mind. Anyone working at the IPI needs a sharp mind – employees there regularly have tough nuts to crack. For example: The IPI oversees patents, trademarks and designs in Switzerland. It fights product piracy, counterfeiting and …
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Average Swiss monthly household income in 2023 was CHF7,186
The average disposable income of Swiss households was CHF7,186 ($9,040) per month in 2023. It therefore remained stable compared to previous years, the Federal Statistical Office (FSO) said on Monday. +Get the most important news from Switzerland in your inbox But the FSO stressed that not all Swiss households will have this amount of money …
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White House hails ‘historic’ tariff deal with Switzerland
The White House has praised the framework for a 'historic trade deal' negotiated with Switzerland. The agreement announced on Friday promises a lower US import tariff rate of 15% for Switzerland - down from 39% - in return for $200 billion in investments by Swiss companies in the US. +Get the most important news from …
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Swiss investors push for UBS to settle over Credit Suisse bond write-off
Swiss bondholders are exploring ways to push for a settlement with UBS, after a court ruled that the CHF16.5 billion ($20.8 billion) write-off of Credit Suisse bonds during the bank’s 2023 rescue by its rival lacked a legal basis. The Swiss Federal Administrative Court delivered a surprise ruling last month that market regulator FINMA’s order …
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Switzerland among vanguard shaping global digital age
A new deal on digital services trade between Singapore and EFTA states, including Switzerland, seeks to reconcile the need for privacy and security with the desire for innovation and growth in increasingly data-driven economies. It also shows that even coalitions of small economies can help set global standards in the new digital age. Behind our …
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Report: Swiss Federal Railways boss received death threats after contract awarded to Siemens
Vincent Ducrot, CEO of Swiss Federal Railways, received death threats after awarding the German group Siemens an order for 116 new double-decker trains worth CHF2.1 billion ($2.6 billion), to the detriment of the Swiss railway manufacturer Stadler, according to SonntagsBlick newspaper. +Get the most important news from Switzerland in your inbox People speaking on condition …
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Dorothee Elmiger wins Swiss Book Prize
Dorothee Elmiger has won this year's Swiss Book Prize for her novel Die Holländerinnen (The Dutch Women). +Get the most important news from Switzerland in your inbox The Swiss Book Prize is the third award Dorothee Elmiger has received for her novel Die Holländerinnen. She was honoured with the German Book Prize on her 40th …
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Swiss press question concessions in US tariff deal
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 …
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Fribourg and Geneva residents triumph at Fondue World Championship
Around 200 participants took part in the Fondue World Championship held in Tartegnin, canton Vaud, on Saturday. Swiss residents from Geneva and Fribourg took the top awards. +Get the most important news from Switzerland in your inbox The competition was won by Benedikt Wüthrich from the Auboranges cheese dairy in canton Fribourg in the professional …
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