Category Archive: 3) Swiss Markets and News
Zurich Airport sees passenger numbers continue to rise
September was a positive month for Zurich Airport in terms of passenger numbers. The airport remains on track to surpass its annual record for passenger numbers set in 2019. + Get the most important news from Switzerland in your inbox In the ninth month of the year, more than 3 million people passed through Kloten … Continue...
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Vote poll: ‘no’ to inheritance tax; narrow ‘yes’ to civic service
The first poll for the nationwide vote on November 30 indicates a clear “no” to the inheritance tax initiative and a very narrow “yes” to the citizen service initiative. + Get the most important news from Switzerland in your inbox Swiss voter opinions on the initiative “For a social climate policy – fairly financed through …
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EU fines Richemont brand Chloé €20 million
The European Union has imposed fines totalling €157 million on the luxury houses Gucci (Kering), Chloé (Richemont) and Loewe (LVMH) for breaches of competition rules. + Get the most important news from Switzerland in your inbox The European Commission has accused the three companies, based in Italy, France and Spain respectively, of restricting the ability …
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Credit Suisse bond write-down had no legal basis: Swiss court
The Swiss Federal Administrative Court has cancelled the write-off of AT1 bonds in the takeover of Credit Suisse by UBS in 2023. + Get the most important news from Switzerland in your inbox The controversial step carried out by the Swiss Financial Market Supervisory Authority (FINMA) had no legal basis, the court stated.
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Swissgrid posts lower profit in the first half of the year
Switzerland's national electricity grid operator Swissgrid generated less turnover and profit in the first half of 2025, but was still able to strengthen its finnacial base. + Get the most important news from Switzerland in your inbox Net sales for the first six months of the year fell by 4% to CHF795.5 million.
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ABB to power new AI data centres with Nvidia
Swiss technology group ABB will collaborate with US computer chip manufacturer Nvidia to jointly develop new power supply solutions for future data centres. + Get the most important news from Switzerland in your inbox The partnership will focus on the development and deployment of "state-of-the-art power supply solutions", ABB announced. These are required for a "highly efficient, scalable power supply for future AI workloads".
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Swiss government fears wealth exodus with inheritance tax hike
The Swiss government fears a proposed national inheritance tax on estates over CHF50 million could reduce overall tax revenues as wealthy people are likely to leave the country. + Get the most important news from Switzerland in your inbox Voters will decide on the proposal by the youth wing of the Social Democratic Party (Juso) …
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Swiss Gaza flotilla activists return, Ukrainian protection status, social media ban for minors
Here are three stories from Switzerland you may have missed this week.
Number one: all 19 Swiss members of the Gaza flotilla have returned home this week after being expelled from Israel.
Number two: starting in November, Ukrainian refugees from seven western regions of the country will no longer be eligible for S protection status in Switzerland.
Number three: the head of the Association of School Principals in German-speaking Switzerland...
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Ypsomed injects CHF200 million to gain a foothold in the US
Self-injection device manufacturer Ypsomed is planning to build its first factory in the United States. It has set its sights on the Holly Springs site in North Carolina, where it plans to invest an initial CHF200 million ($248 million). The plant is due to start supplying US demand at the end of 2027, according to … Continue...
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Switzerland mulls public-private model for transport projects
Economiesuisse executive board member Alexander Keberle calls for greater use of public-private partnerships to fund upgrades to the Swiss transport network. In an interview with Tamedia's German-language newspapers, Alexander Keberle says that possibilities already exist in Switzerland, notably via pension funds. +Get the most important news from Switzerland in your inbox "The state could work …
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Swiss alliance of parties submits referendum against individual taxation
A non-partisan alliance submitted 65,672 signatures on Thursday in favour of a referendum against the introduction of individual taxation. According to the alliance, the reform passed by the Swiss parliament will probably be put to voters in March 2026. The signatures were submitted by members of several parties: The Centre, the right-wing Swiss People's Party, …
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Select Swiss airports to roll out new entry-exit system on Monday
At Swiss airports, a new entry and exit system will be introduced in stages, starting on October 12. It will allow third-country nationals to be registered electronically, replacing the current manual stamping of travel documents. The announcement was made on Thursday by the State Secretariat for Migration (SEM), which said that the new Entry-Exit-System (EES) …
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Swiss firm RUAG to assemble and test four F-35A fighter jets
Four of the 36 F-35A fighter jets ordered by Switzerland from the United States will undergo final assembly and testing at RUAG's site in canton Lucerne. The defence company is exploring how it can turn itself into a European centre for military aviation. The Swiss defence ministry is supporting the so-called RIGI project, defence company …
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Nestlé exits global alliance to reduce methane emissions
Swiss multinational Nestlé is abandoning an international alliance to reduce methane emissions in the dairy industry, an entity that the company had helped to found only two years ago. +Get the most important news from Switzerland in your inbox Nestlé regularly reviews its membership of external organisations and, as part of this process, has decided …
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Swiss drugmakers face mixed fortunes amid Trump’s tariff upheaval
Pharma giants may escape the worst of the import tariffs threatened by US President Donald Trump as they cut drug prices and commit to invest billions in US manufacturing. But Switzerland’s smaller developers face a more uncertain future. More pharma companies are expected to follow in the steps of American giant Pfizer and secure deals …
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‘Around 20,000 jobs at risk’ in Switzerland over US tariffs
The 39% tariffs imposed by the US could cost the Swiss economy up to 20,000 jobs, says UBS economist Thomas Veraguth. +Get the most important news from Switzerland in your inbox “The uncertainty is at all levels, but it is obviously very different from one company to another,” the expert emphasised in an interview broadcast …
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The three most discussed debates this September #switzerland
What were the three topics our users discussed most in September?
✈️ Alleged Russian drones and fighter jets in NATO airspace: do you see Vladimir Putin’s Russia as a threat to Europe?
💸 Swiss health insurance premiums are set to rise again. Should they be based on income?
🗣️ Some German-speaking cantons have decided to delay teaching French until secondary school. Is it important to learn a second national language early?
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Swiss government rejects initiative against animal testing
Animal experiments should not be banned in Switzerland, according to the Swiss government, which submitted its views to Parliament on the initiative “Yes to a future without animal experiments”. This comes three years after a similar text was widely rejected by the Swiss people. +Get the most important news from Switzerland in your inbox The …
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Swiss SMEs ramp up adoption of AI in workplaces
Artificial intelligence (AI) is increasingly being used by Swiss small-and-medium enterprises (SMEs) according to a survey by research institute Sotomo. +Get the most important news from Switzerland in your inbox This is especially the case for translation and correspondence. Around half of the 300 companies surveyed use AI in this area. AI is also popular …
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Swiss fragrance firm Givaudan to build site in US
Givaudan announced on Wednesday that it is investing CHF187 million ($233 million) in the construction of a new production plant near Cincinnati, Ohio, in the US. The flavours and fragrances giant intends to strengthen its presence in the North American region. +Get the most important news from Switzerland in your inbox Construction has begun on …
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