Category Archive: 3.) Swissinfo Business and Economy
Swiss inflation drops to zero in November
Annual inflation in Switzerland fell again in November. Compared to the previous month of October, prices fell significantly on average. +Get the most important news from Switzerland in your inbox Specifically, annual inflation stood at 0% in November after 0.1% in the previous month, as reported by the Federal Statistical Office (FSO) on Wednesday. This …
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Swiss public sceptical over US tariff deal: survey
More than two-thirds of Swiss people have misgivings over the recent tariff deal struck with the United States, a survey suggests. +Get the most important news from Switzerland in your inbox The survey, commissioned by the Blick newspaper, found 69% of respondents opposed to the deal. Just under a third of Swiss respondents would be …
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Swiss lawmakers vote to ease weapons exports
Both Swiss parliamentary chambers have approved the easing of war materiel exports and re-exports. +Get the most important news from Switzerland in your inbox The House of Representatives has approved, by 120 votes to 63, the relaxations earlier decided by the Senate. The proposal follows a request from parliament, which currently prohibits all sales if …
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Swiss lawmakers agree on China trade framework
Both Swiss parliamentary chambers have agreed on the wording of legislation to control foreign investments in Switzerland, particularly Chinese. +Get the most important news from Switzerland in your inbox The House of Representatives has followed theSenate, which spoke out in favour of limiting the law. For example, the law will now not apply if a …
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Swiss Senate votes against Swedish night train subsidy
The Swiss Senate wants to cancel a federal contribution of CHF10 million to run night trains to Malmö, Sweden. +Get the most important news from Switzerland in your inbox The Senate made the decision by a clear majority on Tuesday when discussing the budget for 2026. The subsidy is planned for an overnight connection from …
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Black Friday losing appeal for Swiss bargain hunters
Black Friday attracted fewer Swiss bargain hunters than in previous years. Significantly less money was also spent in the days leading up to November 28. +Get the most important news from Switzerland in your inbox Black Friday, the discount day imported from the United States, seems to have passed its peak in Switzerland. This is …
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OECD expects only moderate Swiss economic growth
According to the OECD, the Swiss economy is likely to pick up only slightly in the coming years. The lower tariff rates in trade with the United States are improving the outlook slightly, but growth will be driven primarily by domestic consumption. +Get the most important news from Switzerland in your inbox The Organisation for …
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Court confirms Swiss solar maker debt moratorium
The insolvent Swiss solar cell manufacturer Meyer Burger has been granted a definitive debt-restructuring moratorium. +Get the most important news from Switzerland in your inbox This was decreed by the Oberland Regional Court in the canton of Bern, as detailed in a publication in the Swiss Official Gazette of Commerce (SOGC). The debt-restructuring moratorium has …
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Swiss official downplays business leader meeting with Trump
The head of the Swiss State Secretary for Economic Affairs (Seco) has thanked Swiss entrepreneurs for their controversial tariff meeting with United States President Donald Trump. +Get the most important news from Switzerland in your inbox Helene Budliger Artieda said she was informed about the gifts, including a Rolex clock and a gold bar, which …
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Swiss president: ‘We already have a fair tax system’
Swiss voters have clearly rejected a political experiment by rejecting the inheritance tax initiative, says Finance Minister Karin Keller-Sutter. She emphasised that the tax system and climate policy in Switzerland were working. +Get the most important news from Switzerland in your inbox "The introduction of a national inheritance tax would have unbalanced our tax system," …
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Voters in Fribourg reject introduction of minimum wage
On Sunday, Swiss voters in canton Fribourg rejected an initiative by the left and workers' unions calling for the introduction of a minimum wage. In all, 53.54% voted no, with a turnout of 40.6%. The initiative was opposed by the authorities and business circles. +Get the most important news from Switzerland in your inbox The …
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‘Läckerli Huus is not for sale’
Miriam Baumann is the owner, chairwoman and CEO of Läckerli Huus, which manufactures the famous Läckerli biscuit. In an exclusive interview with Swissinfo she says her company is struggling to keep up with new regulations. In 2007 Miriam Baumann acquired Läckerli Huus, which produces the Läckerli, a traditional crunchy spiced biscuit. Since then Baumann has …
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A 260-metre skyscraper in Zermatt?
A hotelier-designer-artist from Zermatt dreams of building a 62-storey residential tower in the Valais resort, facing the Matterhorn, by 2034. Recently presented to the public, the project, dubbed Lina Peak, has divided opinion. A giant tower project is causing a stir in Zermatt. Its promoter, Heinz Julen, presented it to the public in mid-November in …
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What the US pullback means for Switzerland’s climate priorities
The absence of the United States - the world’s largest economy and its second-largest polluter - casts a long shadow over international climate negotiations. For Switzerland, the US void has reinforced its position on climate finance, while hindering the possibility of a fossil fuel phase-out. In January, the US notified the United Nations that it …
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Swiss economy shrinks significantly in third quarter
As expected, US President Donald Trump's tariff blow against Switzerland left its mark on the local economy in the third quarter. +Get the most important news from Switzerland in your inbox Gross domestic product (GDP) shrank by 0.5% in the third quarter on an adjusted basis compared to the previous quarter. On Friday, the State …
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Swiss politicians decry ‘gold bar diplomacy’ in Trump trade deal
Swiss euphoria at securing lower US trade tariffs has given way to a backlash over “oligarch diplomacy” and the role executives played from companies including Rolex and Richemont. An outline agreement Washington and Bern announced this month would reduce average US levies on Swiss industrial exports from 39 per cent to 15 per cent. Swiss …
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Shortage of skilled labour eases in Switzerland
The shortage of skilled labour in Switzerland has decreased significantly for the second year in a row, according to the personnel service provider Adecco. + Get the most important news from Switzerland in your inbox Specifically, the skills shortage index compiled by Adecco is around 22% below the previous year's figure. According to the evaluation, …
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Swiss multinationals create more jobs than foreign firms
In 2024, large Swiss corporations generated more jobs than foreign corporate groups. However, the majority of turnover is still generated by groups from abroad. + Get the most important news from Switzerland in your inbox This is the conclusion of an analysis published on Thursday by the Federal Statistical Office (FSO). According to this, around …
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Swiss lawsuit against gold bar US trade delegation
Swiss parliamentarians have lodged a criminal complaint against business leaders who presented United States president Donald Trump with a Rolex and a gold ingot during tariff discussions. + Get the most important news from Switzerland in your inbox The complaint calls on the Swiss justice system to investigate the matter for potential corruption? Two Green …
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National park fees, rising food prices, and a crypto ‘perfect storm’
Welcome to our press review of events in the United States. Every Wednesday we look at how the Swiss media have reported and reacted to three major stories in the US – in politics, finance and science. I love America’s national parks and (in moderation) its food. It turns out I have expensive taste: from … Continue...
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