Category Archive: 3.) Swissinfo Business and Economy
Swiss-Italian shipping giant MSC invests in Libyan port of Misrata
Libyan authorities have announced a strategic partnership deal worth $3 billion with a Qatari fund and Swiss-Italian shipping giant MSC’s subsidiary to develop Misrata port. An agreement was signed on Sunday. + Get the most important news from Switzerland in your inbox According to a press release from Misrata Free Zone Authority (MFZ), the partnership …
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Greenland emerges as new source of Swiss gold imports
Greenland has been in the headlines after US President Donald Trump threatened to annex the Danish-ruled territory. Less attention has been paid to its gold exports. Switzerland has been strengthening its position as the world’s leading hub for gold trading and refining by opening a new import channel from Greenland. + Get the most important …
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Swiss to vote on preserving cash as a payment system
On March 8, the Swiss will decide whether the availability of cash should be enshrined in the constitution. A popular initiative and the government’s counterproposal are both on the ballot. An explainer. How do the Swiss use cash currently? According to a recent study by the Swiss National Bank (SNB), Swiss residents are moving away …
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Hundreds join anti-WEF protest march in Switzerland
Around 600 opponents of the World Economic Forum (WEF) have joined a two-day protest march to Davos, which will host the WEF annual meeting next week. + Get the most important news from Switzerland in your inbox Around 600 people set off from Küblis in southeastern Switzerland on Saturday for the mountain resort of Davos. …
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Six Swiss cantons call for rail network expansion
Six Swiss cantons - Basel City, Basel Country, Geneva, Ticino, Valais and Vaud - have submitted a joint request to the Federal Council demanding urgent investments in rail services and infrastructure to deal with an overloaded network. + Get the most important news from Switzerland in your inbox "Every day tens of thousands of people …
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Swiss authorities predict worsening housing shortage in 2026
The director of the Federal Office for Housing, Martin Tschirren, expects the housing shortage in Switzerland to get worse this year. + Get the most important news from Switzerland in your inbox "The causes of the housing shortage cannot be changed so quickly," Tschirren told Blick newspaper in an interview on Saturday. The causes include …
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Warmer winters threaten southern Swiss ski resorts
Ski resorts in the southern Swiss canton of Ticino are suffering acutely from a lack of snow. Southern Switzerland hasn't seen this little snow in a long time. + Get the most important news from Switzerland in your inbox Resorts where ski legends like Doris De Agostini and Lara Gut-Berahmi once learned to ski are …
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Swiss President ready to negotiate with Trump at WEF
Swiss President Guy Parmelin says he is prepared to negotiate with his United States counterpart Domald Trump, who will lead a large delegation at the World Economic Forum (WEF) in Davos. + Get the most important news from Switzerland in your inbox Parmelin is one of several Swiss government Davos attendees, along with including foreign …
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US tariffs dimmed Gruyère sales less than expected
Sales of Gruyère cheese did not decline as sharply last year as feared in light of US tariffs. According to the Interprofession du Gruyère (IPG), the decline was “largely” offset by strong sales figures in Switzerland. + Get the most important news from Switzerland in your inbox “Ultimately, sales figures in 2025 will be slightly …
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Swiss consumer group warns of rise in dropshipping scams
More than 1,500 complaints relating to dropshipping have been lodged in Switzerland, according to the German-language consumer protection organisation Konsumentenschutz. These fake online shops are particularly annoying for consumers. + Get the most important news from Switzerland in your inbox In total, the organisation received 8,640 requests for advice, complaints and reports relating to dropshipping, …
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WEF chairman welcomes Trump visit but doesn’t expect any ‘miracles’
The new co-chairman of the World Economic Forum (WEF), André Hoffmann, says he has no great expectations of Donald Trump's appearance at the forum. "I don't expect any miracles," said the heir to Swiss pharma firm Roche on Thursday in the business newspaper Handelszeitung. + Get the most important news from Switzerland in your inbox …
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Swiss cantons strengthen tax attractiveness for companies
Companies in Switzerland will benefit from tax relief between 2023 and 2025 as a result of changes to tax law. As a result, the cantons are strengthening their tax appeal for companies. + Get the most important news from Switzerland in your inbox In many international locations, companies are now being taxed more heavily. This …
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French President Emmanuel Macron to attend WEF in Davos
French President Emmanuel Macron will be attending the World Economic Forum next Tuesday, the Elysée announced on Wednesday. No information was given on a possible meeting with US President Donald Trump, who is due to speak at Davos on Wednesday. + Get the most important news from Switzerland in your inbox The French president will …
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Greenpeace reports sharp rise in private jets to WEF in Davos
More and more top managers and political figures are travelling to the World Economic Forum in Davos by private jet, according to an analysis by Greenpeace. Compared to 2024 and 2025, the number of private flights registered at the surrounding airports increased by 10%. + Get the most important news from Switzerland in your inbox …
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Swiss competition regulator investigates Microsoft for price hikes
The Swiss Competition Commission (ComCo) has opened an investigation into US software giant Microsoft over recent increases in licence fees. + Get the most important news from Switzerland in your inbox These could be indications of unauthorised restrictions of competition, wrote ComCo in a press release on Wednesday. A preliminary investigation has therefore been opened. …
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Trump’s peace is not working in the Democratic Republic of the Congo
The American president has declared peace but violence and greed still prevail in the resource-rich Democratic Republic of the Congo (DRC). The civilian population continues to pay the price for conflicting geopolitical interests. Despite the precarious security situation, Switzerland has stepped up its humanitarian aid. “Bombs are still falling, and we don’t know who is …
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ICE shooting, Fed probe, and withdrawal from international organisations
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. It was a where-to-begin situation this week: US involvement in Iran, Venezuela and Greenland was all making Swiss …
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In Porto, an unusual Swiss coat of arms stands out in the Stock Exchange Palace
In the Courtyard of Nations at the Palácio da Bolsa, a white cross on a red background immediately catches the eye. The Swiss coat of arms is a 19th-century tribute to the trade relations between the Swiss Confederation and the Kingdom of Portugal. Beyond its economic significance, these commercial ties also have historical and artistic …
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How a project in Peru supports sustainable cocoa – and serves Swiss interests
Cocoa is in high demand and production is booming. In Peru, Switzerland is helping farmers grow cocoa more sustainably, while also ensuring Swiss chocolate producers have easy access to it. But funding for such projects in Latin America is shrinking. Luis Beltrán Vásquez, 78, has spent his entire life farming in Peru, mostly by raising …
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UBS boss Sergio Ermotti plans to step down in April 2027
Race for coveted role comes as bank fights Swiss government over threat of more stringent capital buffers. UBS chief executive Sergio Ermotti is planning to step down in April 2027, firing the starting gun on the race for one of the biggest jobs in global banking. Ermotti, who returned to run UBS in 2023 following …
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