Business - Helvetica Times

Switzerland Confirms Plan To Raise VAT By 0.5% To Fund Defence Spending

The funds are primarily intended to cover the extra costs associated with Patriot missile systems and the acquisition of US-made F-35 fighter jets.

Business · Aug 10

What Is The Pierin Vincenz Case? Defence Seeks Dismissal As Zurich Appeal Trial Begins

At the opening of the appeal, Vincenz’s lawyer asked the Zurich High Court to dismiss the case. Defence lawyers have also argued that some of the alleged offences are time-barred, an issue that could prevent the court from examining particular accusations.

Business · Aug 4

UBS Hit With Record $125 Million US Fine Over Repeated AML Failures

Is the bigger risk that regulators now see UBS as a repeat offender that had years to fix the problem and did not?

Business · Jul 27

Who Gets Hit As US Rolls Out New Tariffs On Swiss Goods: Pharma Next In Line?

The US is set to impose new tariffs under Section 232 on pharmaceutical products starting 31 July 2026.

Business · Jul 8

Moment Of Truth For Markets As Inflation Bites: Raiffeisen Investment Outlook H2 2026

Given geopolitical and economic uncertainties, increased price fluctuations are expected in H2 2026.

Breaking News · Jul 8

Zurich Climbs To Second As Singapore Retains Top Spot For Luxury Spending

For high-net-worth individuals, the cost of maintaining a premium standard of living has risen sharply.

Local · Jul 7

UBS Shifts Front-Office Asset Management Roles To Krakow: A First For The Bank

UBS has operated a major service hub in Krakow since the early 2010s, initially moving HR, IT and other support functions from Zurich to the Polish city.

Business · Jul 2

Oil Crisis Bites Less In Switzerland As Energy Efficiency Shocks To Rescue

Despite the headwinds, Swiss consumers' purchasing power remains a solid pillar of growth. The moderate rise in unemployment continues coinciding with the delayed industrial recovery.

Business · Jun 12

Hitachi Energy Chooses Otelfingen for New Swiss Campus, Beating Aargau

Aargau loses out on 1,000 existing jobs as Hitachi Energy chooses Otelfingen for new Swiss campus.

Business · Jun 8

Switzerland’s Startup Ecosystem Faces A Scale Problem: Zurich Ranks 10th In Europe

Within Switzerland's startup ecosystem, Zurich ranks tenth, a respectable result within Europe but well outside the global elite.

Business · Jun 3

US Tariff Threats Put Swiss Exporters On Edge As Washington Raises Pressure

For Switzerland, US tariff threats are especially sensitive because the US is one of its most important export destinations, particularly for pharmaceuticals, machinery, precision instruments and high-value industrial goods.

World · Jun 2

Hong Kong Overtakes Switzerland As The World’s Top Cross-Border Wealth Hub

Cross-border wealth booked in Hong Kong reached $2.95 trillion, world’s top cross-border wealth hub, at the end of 2025, just ahead of Switzerland’s $2.94 trillion.

Business · Jun 2

Iran Crisis Drags Swiss SME Confidence Below Growth Threshold In May 2026

A dip in Swiss SME Confidence indicates a deterioration in the business climate for the manufacturing sector.

Breaking News · Jun 1

Zurich Loses 252 Corporate Headquarters To Low-Tax Cantons Like Zug

Zürich suffered the heaviest net corporate emigration of any Swiss canton in 2025, losing a net 252 companies. Bern was the second-largest loser at 117.

Business · May 21

Swiss Tax Rules Face New Pressure As Pillar 2 Reshapes Competition

Switzerland is aligned with the OECD framework. But it raises political questions about whether Swiss businesses are being asked to play by stricter rules than competitors in larger economies.

Business · May 14

Switzerland Is the World’s Best Country in 2026, According to US News & World Report

A revamped, data-driven methodology from US News & World Report puts Switzerland at the top for the eighth time, and the results reveal a striking gap in America's global standing.

Business · May 12

Swiss GDP to Grow 1% as Energy Intensity Drops 50% Amid Oil Shocks: Raiffeisen Analysis

However, Raiffeisen report also found that Swiss dependencies persist and the transformation to a more energy-independent Switzerland remains incomplete.

Business · May 11

SWISS Air Lines Reports CHF 30M Q1 Profit Driven by Asia Demand: “Our results for March were exceptionally strong,” Says CFO

Switzerland's flag carrier nearly ninefold its first-quarter operating result year-on-year, but warns that sharply rising fuel costs will weigh on Q2 performance.