You Might Also Like
Credit Suisse bond write-down had no legal basis: Swiss court
2025-10-14
The Swiss Federal Administrative Court has cancelled the write-off of AT1 bonds in the takeover of Credit Suisse by UBS in 2023. + Get the most important news from Switzerland in your inbox The controversial step carried out by the Swiss Financial Market Supervisory Authority (FINMA) had no legal basis, the court stated.
Swiss firm RUAG to assemble and test four F-35A fighter jets
2025-10-09
Four of the 36 F-35A fighter jets ordered by Switzerland from the United States will undergo final assembly and testing at RUAG’s site in canton Lucerne. The defence company is exploring how it can turn itself into a European centre for military aviation. The Swiss defence ministry is supporting the so-called RIGI project, defence company …
ABB to sell robotics division to Softbank Group
2025-10-08
The Swiss-Swedish technology group ABB is selling its robotics business to the SoftBank Group for $5.4 billion (CHF4.3 billion). +Get the most important news from Switzerland in your inbox The original idea of a spin-off of the business as an independently listed company will therefore not be pursued further, as ABB announced on Wednesday. The …
Last Swiss paper manufacturer cuts jobs due to high costs
2025-08-12
Perlen Papier in Root, canton Lucerne, plans to cut 65 jobs to reduce costs. In addition to measures to increase efficiency and reduce costs, job cuts are also unavoidable, the company announced in a statement on Monday. Employees have been informed of the measures and a social plan will be implemented, the statement added. +Get …
Swiss government working with firms to overcome high US tariffs
2025-08-10
The Swiss delegation that travelled to Washington has returned from talks on tariffs in the United States. The negotiations are now being conducted under the aegis of the government and the federal administration. “The federal administration has very close and regular contacts with the Swiss economy at all levels. Such cooperation has always been a …
Tags: Featured,newsletter
