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Category Archive: 3.) Swissinfo Business and Economy

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Voters in Fribourg reject introduction of minimum wage

2025-11-30

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2025-11-30

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’  

2025-11-29

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2025-11-29

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?

2025-11-29

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2025-11-29

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

2025-11-28

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2025-11-28

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

2025-11-28

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2025-11-28

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

2025-11-28

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2025-11-28

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

2025-11-27

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2025-11-27

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

2025-11-27

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2025-11-27

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

2025-11-27

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2025-11-27

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’

2025-11-26

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2025-11-26

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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Swiss government to take control of military tech firm RUAG MRO

2025-11-26

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2025-11-26

The Swiss government decided on Wednesday to take control of the Swiss military technology firm RUAG MRO. The company will be made into a public limited company governed by a special law. Consultation on the change is open until March 23. + Get the most important news from Switzerland in your inbox The government will …

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Beer sales decline again in Switzerland

2025-11-26

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2025-11-26

The downturn in the Swiss beer market continues. In the last brewing year 2024/25 (as of end September), beer sales including non-alcoholic beers shrank by 1.8% to 4.72 million hectolitres. + Get the most important news from Switzerland in your inbox The boom in craft beers is declining. On the other hand, demand for traditional …

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UBS survey: Swiss economic outlook brightens after US trade deal

2025-11-26

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2025-11-26

The Swiss trade deal with the United States is said to have improved the outlook for the Swiss economy. Financial analysts surveyed by Swiss bank UBS are once again much more optimistic about the prospects for the Swiss economy. + Get the most important news from Switzerland in your inbox The CFA indicator, which is …

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Local Aargau government calls to preserve pharma jobs after Novartis cuts

2025-11-26

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2025-11-26

The local government of the Swiss canton Aargau has expressed regret at the decision by Swiss pharma giant Novartis to cancel 550 jobs in the canton. + Get the most important news from Switzerland in your inbox "A job reduction of this magnitude hits the canton and Fricktal (region in Aargau) hard as a location …

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Cheap flight tickets are no longer realistic, says SWISS CEO

2025-11-26

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2025-11-26

According to an interview with Swiss International Airlines (SWISS) CEO Jens Fehlinger, flight tickets of CHF100 ($124) are no longer realistic in the future. Sustainable fuel is more expensive than conventional fuel and more of it will have to be refuelled in future. + Get the most important news from Switzerland in your inbox "This …

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Swiss researchers develop new drug to better combat iron deficiency

2025-11-24

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2025-11-24

Iron deficiency is a common problem, but iron supplements are often poorly absorbed. A product developed by the Swiss federal technology institute ETH Zurich hopes to offer a solution. +Get the most important news from Switzerland in your inbox Constant tiredness, headaches and a weakened immune system: worldwide, around two billion people suffer from iron …

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Q3: Swiss firms report fewer job vacancies

2025-11-24

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2025-11-24

The total volume of employment in Switzerland remained stable in the third quarter, edging up by 0.1% year-on-year. By contrast, the number of vacancies advertised by companies fell by one-tenth, the Federal Statistical Office (FSO) reported on Monday. +Get the most important news from Switzerland in your inbox Federal experts counted a total of 5.53 …

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Swiss business associations call for less red tape

2025-11-24

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2025-11-24

Swiss companies could save CHF30 billion ($37 billion) a year by reducing bureaucracy, according to leading business associations. +Get the most important news from Switzerland in your inbox Excessive regulations and high costs for bureaucracy are a burden on businesses and inhibit growth, declared economiesuisse, the Swiss Union of Arts and Crafts, the Swiss Employers' …

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Swiss researchers create world’s tiniest light-emitting diodes

2025-11-24

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2025-11-24

Researchers at the federal technology institute ETH Zurich have produced what they claim to be the world's smallest light-emitting diodes. The tiny diodes will enable ultra-sharp screens and microscopes, but also opens up entirely novel possibilities for wave optics applications. +Get the most important news from Switzerland in your inbox The researchers have developed extremely …

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Thousands go onion-crazy in Swiss capital

2025-11-24

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2025-11-24

Bern’s traditional annual onion market, known as the Zibelemärit in Swiss German, got off to a busy start in the early hours of Monday morning despite bad weather conditions. Tens of thousands of people are expected to attend the festival in the Swiss capital. +Get the most important news from Switzerland in your inbox The …

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