Category Archive: 3.) Swissinfo Business and Economy

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Switzerland very close to tariff deal with the US, says Roche CEO

2025-07-25

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2025-07-25

An understanding between Bern and Washington in the dispute over customs barriers is close: Roche CEO Thomas Schinecker is convinced of this. Schinecker bases his optimism on the close contact the pharmaceutical giant maintains with the Swiss authorities on this issue. +Get the most important news from Switzerland in your inbox. "I believe that an …

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EU’s refusal to recognise Swiss cheese trademark contested in court

2025-07-24

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2025-07-24

The European Commission does not want to recognise the trademark of the traditional Swiss cheese Emmentaler. The organisation Emmentaler Switzerland has lodged an appeal against this decision with the Court of Justice of the European Union, which is based in Luxembourg. Trademark protection should allow the original to be clearly distinguished from imitations, Urs Schluechter, …

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Proton does not trust Switzerland to host its AI servers

2025-07-24

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2025-07-24

The Geneva-based cybersecurity firm has lost faith in Switzerland due to proposed surveillance law changes. Proton's investments in servers will be made abroad, because the legislative changes proposed by the governing Federal Council. The encrypted email service provider fears a regime of mass surveillance of the population. +Get the most important news from Switzerland in …

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Nestlé leans on price increases to offset lower sales

2025-07-24

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2025-07-24

Nestlé continued to grow in the first half of 2025 - but high costs put some pressure on profitability. Business in China also weakened. The Swiss food giant is sticking to its margin targets for the year as a whole. Sales for the period from January to June totalled CHF44.2 billion - around 1.8% less … Continue reading...

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Reduced fine for Credit Suisse in currency cartel case

2025-07-23

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2025-07-23

The Court of Justice of the European Union has reduced the fine imposed on Credit Suisse from €83.2 million to €28.9 million, while confirming its involvement in a spot foreign exchange cartel. While Credit Suisse did indeed take part in the cartel, the Commission did not correctly determine the replacement value of its sales in …

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Swiss firm ABB to electrify one of the largest oil and gas terminals

2025-07-23

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2025-07-23

ABB has won a major contract in Azerbaijan for the electrification and grid stability of one of the world's largest oil and gas terminals, Sangachal, operated by BP. The connection to the national grid will enable the electrification of the complex, which covers more than 688 hectares, an area equivalent to more than 800 football …

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What is the future of glacier tourism in a world with less ice?

2025-07-23

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2025-07-23

Climate change is putting glacier tourism at risk. A vital industry for local communities could disappear. A researcher at the University of Lausanne has come up with solutions to ensure this doesn’t happen. Every year, glaciers draw millions of people to the Alps in Europe and to other regions of the planet, from North America …

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Is it a good idea to let AI vote?

2025-07-21

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Some people want to let AI vote in place of humans. Find out in this video why this might be a bad idea. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel: Website: http://www.swissinfo.ch Channel:...

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Beyond tariffs: how Switzerland turned trade talks into climate action with Mercosur 

2025-07-18

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2025-07-18

The Mercosur trade agreement recently signed by Switzerland includes commitments on environmental impact. These come on the back of increasing public scrutiny of free trade deals. After eight years of talks, the deal between Mercosur and the EFTA countries was finalised this month. It eliminates tariffs on industrial products, food, and agricultural goods, including Swiss …

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Aare Böötle: A Swiss Tradition of Floating Down the River Aare | #switzerland #aare #aareböötle

2025-07-17

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Have you ever tried this? --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel: Website: http://www.swissinfo.ch Channel: http://www.youtube.com/swissinfovideos Subscribe:...

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How Locarno became the ‘city of peace’ | #switzerland #locarno #peace

2025-07-15

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The Swiss city of Locarno might be known for its stunning lake views and laid-back holiday vibe, but in 1925, it became the stage for an important diplomatic breakthrough.⁠ ⁠ Why here? And what did it mean for the city?⁠ ⁠⁠--- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and...

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Swiss nuclear plant is off the grid for an indefinite period

2025-07-15

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2025-07-15

The Gösgen nuclear power plant in Däniken in canton Solothurn is not producing any electricity until further notice. The operator must provide evidence of fallback in case of a possible overload in the feedwater pipework system. The supervisory authority ENSI has not given any time frame for this. The safety scenarios are very comprehensive and …

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Swiss olive cultivation to get a boost thanks to warm weather

2025-07-15

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2025-07-15

More and more farmers in French-speaking Switzerland see climate change as an opportunity for olive cultivation: the number of such trees could double to 20,000 by the end of 2026, surpassing that of Italian-speaking Ticino. Because of the rising temperatures, olive trees are also growing in regions where it was previously unthinkable. An association of …

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High-net-worth individuals prioritise well-being over material possessions

2025-07-14

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2025-07-14

The priorities of wealthy individuals have shifted against the backdrop of ongoing geopolitical tensions and trade disputes. While spending on luxury goods is declining, demand for travel and experiences is unabated. The cost of living a luxurious lifestyle has fallen on average in the 25 cities analysed for the first time in years, according to …

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Swiss shares fall slightly after US tariff verdict against EU

2025-07-14

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2025-07-14

The stock market started the new week lower on Monday. The reason for this is the US announcement of extra tariffs of 30% on EU goods from August 1. The market had actually hoped for an early defusing of the trade conflict. The Swiss Market index SMI lost 0.19% to 11,915 points by around 9.40 … Continue...

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Barry Callebaut sells less chocolate than expected

2025-07-10

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2025-07-10

Swiss chocolate producer Barry Callebaut was hit hard by high cocoa prices in the first nine months of its fiscal year. +Get the most important news from Switzerland in your inbox The world's largest chocolate company generated more income than in the same period of the previous year despite selling less chocolate. The company broke …

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Swiss weapons exports grew 20% in first half of 2025

2025-07-08

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2025-07-08

Switzerland exported more than 20% more war materiel in the first half of 2025 compared to the same period last year. +Get the most important news from Switzerland in your inbox The State Secretariat for Economic Affairs (Seco) reported around CHF358 million worth of military equipment exports. Among the buyers of Swiss military equipment were …

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Novartis given green light for infant anti-malaria drug

2025-07-08

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2025-07-08

Swiss medicines regulator Swissmedic has approved Coartem Baby, a Novartis anti-malaria drug developed for infants weighing between two and five kilos. +Get the most important news from Switzerland in your inbox This is a significant step in global efforts to improve access to life-saving treatments for vulnerable populations, Swissmedic wrote in a statement today. The …

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US extends tariff deadline to August 1

2025-07-08

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2025-07-08

The United States has extended a July 9 deadline for ongoing tariff negotiations until August 1 for many countries, including Switzerland. +Get the most important news from Switzerland in your inbox US President Donald Trump signed a decree to this effect on Monday. China is excluded from the deadline extension as there is a separate …

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Swiss inaction threatens global antibiotic development push

2025-07-08

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2025-07-08

Switzerland is a major hub for pharmaceutical companies, but it has done little to encourage the development of new antibiotics – a shortfall that could have serious consequences at home and abroad. Global health experts have long warned that resistance to antimicrobials, including antibiotics, is a slow-moving crisis with deadly consequences. In 2019, antimicrobial resistance …

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