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How fillers and flavours help reduce cocoa in chocolate treats
2025-09-26
Record high prices of cocoa beans have boosted the development and adoption of cheaper replacement options which provide the same chocolate taste – for less. Food companies have seen their profit margins hit by record cocoa prices caused by two successive years of unfavourable weather in West Africa in 2023 and 2024, where 75% of …
Tariffs dampen Swiss economic growth prospects
2025-09-24
The Swiss economy is likely to grow much more slowly in the coming year than was assumed in the summer, according to experts from the KOF Swiss Economic Institute at ETH Zurich. +Get the most important news from Switzerland in your inbox The US tariff hammer of early August and the various uncertainties are to …
Swiss parties divided on measures in response to new US tariffs
2025-08-01
Most Swiss parties are critical of the new 39% tariffs imposed by US President Donald Trump. But they are divided on possible solutions, which range from strengthening Switzerland’s competitiveness to working even more closely with the European Union. +Get the most important news from Switzerland in your inbox In a statement, the centre-right Radical-Liberals denounced …
UBS posts quarterly profit of $2.4 billion
2025-07-30
In the second quarter of 2025, UBS earned significantly more than in the same period of the previous year amid restructuring and capital discussions. +Get the most important news from Switzerland in your inbox With a consolidated profit of $2.4 billion in the months from April to June 2025, UBS’s bottom line was more than …
UBS orders bankers to scale back sale of complex currency products
2025-07-29
The Swiss bank has told advisers to stop pitching foreign exchange derivatives to many clients after losses. UBS has ordered bankers to scale back sales of complex currency derivatives after clients suffered heavy losses linked to Donald Trump’s “liberation day” tariff announcements. The Swiss bank told advisers to stop pitching the structured FX products — …
Swiss SMEs struggling to find employees
2025-07-25
Swiss small and medium-sized enterprises (SMEs) are struggling to find staff, a problem made more acute by the increased bargaining power of employees and increased absenteeism. These are the findings of a periodic study carried out by insurer Axa in cooperation with research institute Sotomo. Labour shortages remain by far the biggest challenge for SMEs: …
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