Category Archive: 3.) Swissinfo Business and Economy
Thermal baths are multiplying and moving upmarket in Swiss resorts
From the 'Aquae Helveticae' of Roman times to futuristic spa complexes, Switzerland’s thermal water tradition spans two millennia. Today, several resorts are investing heavily in luxury and immersive wellness experiences. But as the sector expands, questions arise about sustainability and limits: how far can wellness fever go? People were already bathing at Aquae Helveticae some …
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WEF analysis: Loud Trump in quiet Switzerland
Donald Trump dominated the WEF to such an extent that it was difficult for many observers to watch, according to an analysis by journalist Jan Baumann of SRF. This was due in no small part to Trump's disparaging remarks about other heads of state, including Swiss Finance Minister Karin Keller-Sutter. However, the numerous business leaders …
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How Europe’s carbon border tax will change trade and climate policy
In a major shake-up of green trade rules, the European Union began charging a carbon-emissions tax on imported goods such as steel and cement at the beginning of this year. Here’s how and why this first-of-its-kind policy, known as a Carbon Border Adjustment Mechanism (CBAM), is already reshaping climate practices far beyond the EU. Switzerland's …
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Bern and Washington to start trade negotiations ‘as soon as possible’
Switzerland and the United States want to start the first round of negotiations for a trade agreement as soon as possible, according to Swiss economics minister Guy Parmelin. + Get the most important news from Switzerland in your inbox The first round of negotiations will take place in Bern. Parmelin held "very constructive talks" with …
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‘Without the United States, Switzerland would no longer be Switzerland,’ asserts Donald Trump
In his lengthy speech at the Davos Economic Forum, the American president asserted that Switzerland "would no longer be Switzerland without the United States." He also justified the tariffs on Swiss products and criticised former president Karin Keller-Sutter's "aggressive attitude." This diatribe did not prevent president Guy Parmelin from describing his discussion with Trump that …
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Swiss healthcare group Galenica breaks CHF4 billion sales mark
Swiss healthcare group Galenica generated sales of CHF4.14 billion in the previous financial year, an increase of 5.5%. + Get the most important news from Switzerland in your inbox The company met its own target of increasing sales by 4-6% to post record revenues. Group results met analysts' expectations that had forecast a sales increase …
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Nestlé chief blames Trump for company going quiet on sustainability
Philipp Navratil tells staff that ESG has ‘gone off the agenda’ for US investors since president’s re-election. Nestlé chief executive Philipp Navratil has partly blamed Donald Trump for the company’s failure to talk enough about sustainability, as the US president dismantles the country’s environmental regulations and labels climate change “a hoax”. At an event for …
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Swiss President talks trade with Trump
Swiss President Guy Parmelin has discussed trade relations with United States counterpart Donald Trump at the World Economic Forum (WEF) in Davos. + Get the most important news from Switzerland in your inbox "Davos is not Davos without the US President," said Parmelin after the meeting. + Will Swiss shops be inundated with cheap, hormone-filled …
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Trump’s first year, Greenland and tariffs, and NASA’s Moon plans
Welcome to our press review of events in the United States. Every Wednesday I look at how the Swiss media have reported and reacted to three major stories in the US – in politics, finance and science. All eyes were on the Swiss mountain resort of Davos on Wednesday as US President Donald Trump flew … Continue reading...
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Nestlé competitors also face tainted baby formula pressure
The tainted baby formula crisis has spread from Swiss food producer Nestlé to French rival Danone and dairy group Lactalis. + Get the most important news from Switzerland in your inbox Lactalis has withdrawn six batches of Picot-brand baby formula from the transalpine market after the presence of cereulide was detected in an ingredient from …
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Delayed Trump touches down in Switzerland for WEF
United States President Donald Trump landed at Zurich airport at 12.36pm for his highly publicised appearance at the World Economic Forum (WEF). + Get the most important news from Switzerland in your inbox Trump was taken by helicopter to Davos where he will give a speech at the WEF in the afternoon. There, he and … Continue...
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AI ‘could add CHF85 billion to Swiss economy’
Artificial intelligence (AI) has the potential to significantly increase Switzerland's economic output, according to a study presented at the World Economic Forum (WEF) in Davos.
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Life has become more expensive in Switzerland – despite low inflation
Inflation is forecast to be just 0.2% in 2025. And yet many people feel the pinch: prices in Switzerland are around 7% higher than five years ago, putting pressure on household budgets. Higher prices: According to the consumer price index, the overall price level has risen by 7% over the past five years. The index …
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WEF: Switzerland treads carefully with Trump as tariff deal looms
The Swiss government is expected to avoid sharp criticism of Donald Trump’s Greenland plans at the World Economic Forum (WEF) annual meeting in Davos as it seeks to finalise a 15% tariff deal with the United States. Meetings at the WEF annual meeting in Davos are sometimes very short, but high-profile. Swiss President Guy Parmelin …
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Novartis CEO: ‘Europe lags behind’ on innovation
Novartis CEO Vasant Narasimhan told Bloomberg in an interview that he sees clear differences between Europe and the US in the Swiss pharmaceutical giant's investment strategy. + Get the most important news from Switzerland in your inbox The investment environment outside Europe is currently "much more favourable", Narasimhan said in the interview with Bloomberg on …
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Trump’s tariff threats are ‘a mistake,’ says von der Leyen at WEF
The additional tariffs proposed by US President Trump are a mistake, declared European Commission President Ursula von der Leyen at the opening of the World Economic Forum (WEF). She was reacting to the US President's threats if Greenland was not ceded to him. + Get the most important news from Switzerland in your inbox "We …
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Swiss President seeks to renew trade agreement with China
Swiss President Guy Parmelin met with Chinese Vice Prime Minister He Lifeng in Davos on Tuesday to explore ways to expand bilateral relations. + Get the most important news from Switzerland in your inbox The exchange was important, Parmelin wrote on the X platform after the exchange.
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Survey: Swiss CEOs optimistic about 2026 after US trade deal
US tariff policy and fears of a trade war led many Swiss companies to hold back on investments last year. Nevertheless, most company bosses are optimistic about the new year. + Get the most important news from Switzerland in your inbox According to the latest edition of the CEO survey conducted by the consulting firm …
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Swiss housing prices surged in 2025
Residential property prices in Switzerland rose significantly last year, especially for single-family homes. + Get the most important news from Switzerland in your inbox Across Switzerland, prices for single-family homes rose by an average of 6.5% and for condominiums by 5.9% in 2025, as mortgage broker Moneypark and Zurich-based startup Pricehubble, which specialises in real …
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Anti-WEF demo in Zurich turns violent
An anti-WEF demonstration on Monday evening turned violent, resulting in property damage and clashes with police. Several thousand people took part in the rally at the start of the World Economic Forum, as reported by the Zurich city police. + Get the most important news from Switzerland in your inbox The demonstration with the slogan …
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