Swiss company bankruptcies on the rise
2024-09-03
A growing number of firms are going bust
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Swiss economy grew 0.5% in second quarter
2024-08-15
The Swiss economy grew slightly faster than expected in the second quarter of 2024. Gross domestic product (GDP) increased by 0.5% on an adjusted basis between April and June 2024 compared to the previous quarter.
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August 15, 2024 – 13:31
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This growth was “slightly above average”, according to initial estimates by the State Secretariat for Economic Affairs (Seco). Industry in particular contributed to growth, along with the services sector.
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Economists surveyed by AWP had only expected growth of 0.2 to 0.4%. In the first quarter, GDP had
Inheritance tax idea has low public support, survey finds
2024-08-08
Members of the Swiss Young Socialists party (JUSO) handing in the signatures for their initiative in Bern, February 8, 2024.
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Swiss prosecutor hits Glencore with multi-million franc fine
2024-08-05
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Swiss breast cancer screening quality varies across cantons
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Aug 6, 2024
The quality of breast cancer screening programmes in Switzerland varies from canton to canton. However, according to a study published on Tuesday, the results align with the European standard.
Read more: Swiss breast cancer screening quality varies across cantons
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Swiss army neutralised 280 unexploded ordnances in 2023
UBS questioned by US Senator over $350 million tax evasion case
2024-07-25
UBS Group AG was asked by a powerful US lawmaker about whether the bank it acquired, Credit Suisse Group AG, failed to report an American accused of evading taxes on $350 million (CHF307 million) in income.
Lufthansa Group to levy new environmental fee from 2025
2024-06-25
Flying will become even more expensive next year when the Lufthansa Group starts charging a new type of environmental fee for flights. The fee will also be introduced at SWISS and Edelweiss.
Switzerland braced for wave of bank staff layoffs
2024-04-15
Redundancies at Switzerland’s largest bank will test the capacity of the financial sector to absorb jobs. A year ago Credit Suisse staff were stunned by the sudden demise of their bank. Many are now fighting for their careers with 3,000 Swiss posts set to be axed by their new employer UBS, starting this year.
UBS must build up more equity, says Swiss government
2024-04-14
UBS already has to build up additional equity capital because it has become much larger as a result of the Credit Suisse takeover, Finance Minister Karin Keller-Sutter said.