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Swiss Post expects a ‘significant’ decline in profits
2025-10-26
According to interim CEO Alex Glanzmann, Swiss Post is expecting a significant drop in profits compared to last year. + Get the most important news from Switzerland in your inbox “We are expecting a low three-digit million figure”, said Glanzmann in an interview with Swiss German-language newspaper SonntagsBlick. Swiss Post generated a Group profit of …
Swiss logistics group Kuehne+Nagel to cut up to 1,500 jobs
2025-10-23
Swiss logistics group Kühne+Nagel is launching a cost-cutting program, which will slash 1,000 to 1,500 full-time positions, following a slump in profits. +Get the most important news from Switzerland in your inbox Turnover fell by 7% to CHF6.04 billion. Gross profit adjusted for volatile freight tariffs fell by 4% to CHF2.11 billion. As a result, …
France’s wealthy shift funds to Luxembourg and Switzerland
2025-10-20
Political turmoil and tax threats have accelerated investment flows to havens, asset managers say. French entrepreneurs and wealthy families nervous about political turmoil at home are investing record amounts in Luxembourg-based annuities and shifting other funds to perceived havens such as Switzerland. Wealth managers, bankers and lawyers said the flow of personal investments out of …
Radical-Liberals back Switzerland-EU accords
2025-10-18
The Swiss Radical-Liberal Party is in principle in favour of the new package of agreements negotiated by the European Union and Switzerland. Party delegates in Bern voted 330-104 to support the packages. Nine delegates abstained from voting. +Get the most important news from Switzerland in your inbox Before the vote, supporters and opponents of the …
US court ruling on tariffs weakens US negotiating position with Switzerland
2025-08-31
According to the head of the Swiss-US Chamber of Commerce, the ruling by the US Court of Appeal on the tariffs weakens the US government’s negotiating position vis-à-vis Switzerland. +Get the most important news from Switzerland in your inbox Switzerland has sent its optimised offer to Washington. “The goal is clear: the tariff of 39% …
Swiss Post temporarily stops sending goods to the US
2025-08-25
As of Tuesday, Swiss Post will temporarily stop sending postal consignments to the US. This is due to new customs regulations from the US government. However, it will still be possible to send documents and express items to the USA. + Get the most important news from Switzerland in your inbox The US government has …
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