Swiss inflation jumped in April as the Iran war sent imported energy costs climbing, the Wall Street Journal reported. Consumer prices were up 0.6% on year, higher than the 0.3% inflation rate in March, Switzerland’s statistics agency said Tuesday. It was the second consecutive rise in inflation, to its highest level since December 2024. Switzerland is less exposed to the rise in energy prices, given its lower reliance on fossil fuels. However, imported fossil fuels are still expected to keep inflation higher this year.
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Switzerland watered down its proposed capital rules aimed at making UBS UBS 0.87%increase; green up pointing triangle safer, but said the bank would still have to add around $20 billion in additional buffers to prevent a repeat of the problems that brought down Credit Suisse, the Wall Street Journal reported. The changes announced Wednesday mean UBS won’t immediately face an $11 billion deduction from its $71 billion capital related to certain intangible assets such as software and deferred tax assets, as some analysts had predicted.
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Swiss inflation was unchanged in February close to zero, a worry for the country’s central bank after it voiced increased willingness to intervene in foreign-exchange markets to halt recent gains in the franc, the Wall Street Journal reported. Consumer prices were up 0.1% compared with February last year, the same rise as in January, Switzerland’s statistics agency said Wednesday. Swiss inflation was last negative in May.
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The Barclay family’s sale of a house in Switzerland has triggered fears that they could put money beyond the reach of bankers chasing debts of £140m, The Telegraph reported. On Tuesday, HSBC told the High Court it was concerned that brothers Aidan and Howard Barclay were “playing for time” in bankruptcy proceedings and could use a delay to “dissipate” their assets. The bank pointed to the sale of a Swiss property in April last year and said lawyers acting for the siblings, former owners of The Telegraph, had refused to give assurances they would not carry out such asset sales.
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Swiss inflation edged up in the final month of 2025, likely alleviating the pressure on the country’s central bank to cut rates below zero, the Wall Street Journal reported. Inflation climbed to 0.1% in December from 0.0% in November, the first rise in five months, Switzerland’s statistics office said Thursday. While lower-than-expected inflation in recent months and an economy that contracted in the third quarter raised some expectations that the Swiss National Bank could cut rates again below zero, the inching up of inflation could allay some nerves among policymakers.
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The U.S. Trade Representative on Wednesday announced the implementation of tariff-related ​elements in a trade agreement framework reached ‌with Switzerland and Liechtenstein in November, Reuters reported. The tariff rates announced on ‌November 14 will be retroactive to that date, according to a post in the Federal Register. The notice amends the U.S. tariff schedule to apply either ⁠the most-favored-nation tariff ‌rate or a 15% rate, whichever is higher, to goods from the two ‍countries.
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Swiss Agency AILS Files for Insolvency

AILS Sejours Linguistiques, an established agency with offices in Switzerland and France, has ceased trading and filed for bankruptcy, StudyTravel Magazine understands. Communication to a partner provider in Australia shared that AILS filed for insolvency on 5 November 2025 at the First Instance Court of the Canton of Geneva. The message states that the company is "no longer authorised to manage its files, dispose of assets or make any payments or reimbursements".
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