Switzerland
Switzerland’s tariff shock: The 39% U.S. hit no one saw coming
The duty would be a “devastating” blow to the export-reliant Swiss economy and businesses, analysts say. Source
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The 10 most beautiful libraries in the world
Some libraries aren’t just places to borrow books — they’re destinations with deep history and architecture that tell stories beyond the pages. The 1000 Libraries Awards 2025 highlights some of the most beautiful libraries and bookstores globally, according to 200,000 online voters. The organization, 1000 Libraries, began as a blog and has since grown into […]
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Switzerland tourism boosted as women’s soccer continues record-breaking rise
Holland Women huddle during the Euro 2025 match against France at the St Jakob Park on July 13, 2025 in Basel, Switzerland. Soccrates Images | Getty Images Sport | Getty Images The ongoing boom in women’s soccer is delivering a tourism spending boost to Switzerland this summer, as international visitors descend for the Euro 2025 […]
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Investor appetite for the safe haven Swiss franc is causing problems for its central bank
The Swiss National Bank (SNB) in Bern, Switzerland, on Thursday, Dec. 12, 2024. Stefan Wermuth | Bloomberg | Getty Images U.S. President Donald Trump’s trade policies have rocked global equities in recent weeks, driving investors to seek out pockets of safety in financial markets. One of the beneficiaries of the market volatility has been the […]
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European insurance giants take $3.5 billion hit from Los Angeles wildfires — beating estimates
Financial losses stemming from the California wildfires earlier this year have risen to at least $3.5 billion for European insurance giants, according to CNBC’s calculations. The insured losses, mainly from reinsurance claims, are being borne by 10 large, listed firms in Europe, mainly centered in Germany, the U.K., Switzerland and France. Germany-listed Munich Re and […]
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Trump’s ambassador to China sworn in ahead of high-stakes talks in Switzerland
U.S. President Donald Trump shakes hands with former U.S. Senator David Perdue during Perdue’s swearing-in ceremony to be the new U.S. ambassador to China, at the White House in Washington, D.C., U.S., May 7, 2025. Leah Millis | Reuters President Donald Trump’s pick for U.S. ambassador to China was sworn in on Wednesday, days before […]
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China says U.S. asked for trade meeting in Switzerland
The upcoming meeting in Switzerland between U.S. Treasury Secretary Scott Bessent and his Chinese counterpart was requested by the Trump administration, Chinese officials said Wednesday. China will be entering the talks “firmly” opposed to U.S. tariff hikes, and willing to participate only in a dialogue “based on equality, respect and mutual benefit,” Foreign Ministry spokesman […]
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CNBC Daily Open: Countries want to strike deals with U.S. — but are also making them without it
U.S. President Donald Trump holds a meeting of the Fifa Task Force at the White House in Washington, D.C., U.S., May 6, 2025. Kent Nishimura | Reuters After U.S. President Donald Trump shattered — or at least fractured — global trade relationships and supply chains, there are promising signs of reconstruction in recent days. Indeed, […]
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CNBC Daily Open: Trump says the U.S. doesn’t need a trade deal — the UK and India have made one without it
U.S. President Donald Trump speaks during a rally at Macomb Community College on April 29, 2025, at Warren, Michigan, U.S. Scott Olson | Getty Images News | Getty Images After U.S. President Donald Trump shattered — or at least fractured — global trade relationships and supply chains, there are promising signs of reconstruction in recent […]
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Credit Suisse to pay $511 million for helping U.S. taxpayers hide over $4 billion overseas
Two men sit under a sign of Credit Suisse displayed on a building in Lugano, on June 9, 2023. Fabrice Coffrini | AFP | Getty Images Credit Suisse Services AG will pay about $511 million to settle a criminal case for having conspired with American taxpayers to hide more than $4 billion in at least […]
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