Latest Economy news and updates from Switzerland. AI-curated articles covering Economy topics.
Bern and London have concluded negotiations on an upgraded free trade agreement, a move intended to bolster economic ties and increase legal certainty for businesses in both non-EU nations.
According to the Swiss Venture Capital Report, investment in Swiss start-ups fell by 15.5% to CHF 1.25 billion in the first half of the year. While funding rounds remained stable, the report notes a lack of major investments in biotechnology and a shift in capital towards IT hardware.
Switzerland and Britain have finalized negotiations for a modernized free trade agreement focused on services. The deal aims to reduce administrative barriers, improve market access for sectors like financial services, and facilitate mobility for skilled workers.
Negotiations for a modernized free trade agreement between Switzerland and the United Kingdom have concluded, aiming to boost trade and investment in key sectors like financial services and ease cross-border operations for skilled workers.
Switzerland's energy future is at a crossroads as two new reports offer starkly different conclusions. An Economiesuisse study touts the economic benefits of a new nuclear plant, while experts from ETH Zurich and the Paul Scherrer Institute argue it is not necessary for the energy transition.
The number of unemployed bank employees reached a record high of 4,474 in June, an increase of nearly 24% over the past year. The trend is particularly acute in Zurich as the sector continues to grapple with the aftermath of the Credit Suisse takeover.
Switzerland is rapidly embracing Artificial Intelligence, with Zurich investing millions in public services and ABB partnering with Roche on lab robotics. However, this boom comes with a note of caution as Raiffeisen bank warns of a potential AI investment bubble.
A new analysis from consultancy Swipra reveals a significant rise in shareholder opposition at major Swiss companies. In 2026, 97 agenda items would have been rejected without the backing of key block shareholders, a sharp increase from 37 the previous year, indicating growing dissent among minority investors.
The European Commission has approved Zurich Insurance Group's acquisition of British specialist insurer Beazley, a deal valued at nearly $11 billion. The move, which is expected to close in late 2026 pending further approvals, aims to position Zurich as a leader in specialist sectors like cyber and renewable energy.
A new study by the Swiss Trade Union Federation reveals a growing disparity in wages over the last decade. While top earners' incomes have increased, those on lower wages have fallen behind, as the report blames stagnating average wages despite rising productivity and highlights a persistent gender pay gap.
A new Julius Bär report names Zurich the world's second most expensive city for the wealthy, largely due to the strong Swiss franc. Paradoxically, recent data suggests Switzerland has been dethroned as Europe's overall most expensive country, painting a complex picture of affordability.
The Basel-based private bank J. Safra Sarasin has announced its acquisition of the remaining stake in Saxo Bank, a Danish online investment specialist. This move will give the Swiss group 100% ownership, aiming to strengthen Saxo Bank's long-term growth while it continues to operate as a separate entity.
A coalition of trade unions and left-wing parties has initiated a federal referendum to challenge a new law that would prioritize sectoral collective labor agreements over cantonal minimum wage laws. Opponents argue the reform is an 'attack on women' and undermines established local wage protections.
A new study by the Lucerne University of Applied Sciences and Arts warns that as Swiss residents live longer, their retirement savings may be insufficient, highlighting a growing 'longevity risk' that could lead to widespread financial shortages in old age.
A new report indicates that government subsidies aimed at distributing tourism more evenly have failed to reduce congestion at Switzerland's most popular destinations. Major tourist spots saw a 6% increase in overnight stays, while smaller destinations grew by less than 2%, raising questions about the effectiveness of the current strategy.
A look at Swiss innovation on two fronts: Train manufacturer Stadler Rail is significantly boosting its US production capacity, creating hundreds of jobs. Meanwhile, Swiss scientists are making strides in developing carbon-neutral synthetic fuels, offering a greener future for existing combustion engines.
Switzerland, as part of the European Free Trade Association (EFTA), has signed a comprehensive free trade agreement with Vietnam. The deal, announced in Reykjavik, aims to eliminate customs duties and enhance trade in goods, services, and investment, marking a significant step in Swiss economic policy.
The Swiss National Bank's latest report finds banking giant UBS capable of withstanding significant losses in a crisis. This vote of confidence comes as UBS actively trials new banking services for its US employees, a first step in a major strategic push to attract wealthy American clients.
The European Union has reduced its duty-free import quotas for steel from Switzerland and 11 other partner countries by approximately 33%. The new protective measures, effective July 1, will impact Swiss steel exporters who now face stricter limits and higher tariffs on excess imports.
The latest UBS Global Wealth Report confirms Swiss adults have the highest average wealth globally at over $910,000. However, the data also highlights stark wealth concentration, with 13% of adults holding 69% of the nation's total private wealth.
From trusted Swiss news outlets