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UBS to appeal AT1 bond court setback
2025-10-29
Swiss bank UBS intends to appeal against the Federal Administrative Court’s verdict that the write-down of Credit Suisse’s AT1 bonds had no legal basis. + Get the most important news from Switzerland in your inbox UBS joins Finma, which announced in mid-October that it intended to bring the case before the Federal Supreme Court. With …
AI blamed for falling Swiss job vacancies
2025-10-23
The expansion of artificial intelligence (AI) may explain a slowdown in the Swiss labour market, says staffing firm Adecco. +Get the most important news from Switzerland in your inbox According to a regular analysis by Adecco, the number of vacancies fell by 0.2% in the second quarter compared to the previous three months and by …
Swiss exports to US rebound in September
2025-10-21
Swiss exports to the United States have overcome previously weak growth by posting a significant rise in September. +Get the most important news from Switzerland in your inbox Exports to all parts of the world rose by a seasonally adjusted nominal 3.4% to CHF22.8 billion, as reported by the Federal Office for Customs and Border …
Swiss unions demand wage increases of up to 2.5% for 2026
2025-09-04
The Swiss Federation of Trade Unions is calling for general pay raises of between 2% and 2.5% by 2026. These are needed to offset the rise in the cost of living and make up for the wage shortfall of recent years, said the umbrella organisation. +Get the most important news from Switzerland in your inbox …
Continuing professional training leads to higher income, Swiss study shows
2025-09-02
According to a study by the Swiss statistical office, ten years after graduating, people who continue training earn between CHF400 ($497) and CHF1,300 more per month than those who have not taken any further training. +Get the most important news from Switzerland in your inbox The study looked at the incomes of 150,000 people who, …
Switzerland mulls tax breaks for US digital giants: media report
2025-09-01
Switzerland is ready to waive profit taxes for United States digital giants, such as Google and Meta, if they base operations in the Alpine state, according to media reports. +Get the most important news from Switzerland in your inbox The rumoured tax gift comes against the backdrop of the US slapping 39% tariffs on Switzerland. …
Swiss gold refiners reject tariff relocation
2025-09-01
Switzerland’s trade group for gold refiners opposes a relocation of some operations to the United States to ease a trade imbalance between the countries and help tariff negotiations, newspaper Neue Zürcher Zeitung reported. +Get the most important news from Switzerland in your inbox The government is trying to find ways to get President Donald Trump …
Swiss shoe maker On employs one robot instead of 300 workers
2025-07-03
The Swiss running shoe company On has opened its first production site for the innovative Lightspray shoe – a fully automated robotic process. +Get the most important news from Switzerland in your inbox “Around 300 people normally work on a conventional shoe,” explained Caspar Coppetti, co-founder of On. With Lightspray technology, this work is done …
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