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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 …
The global private education industry is coming for Switzerland’s expensive schools
2025-09-04
Verbier’s pandemic-era growth triggered an elite schooling boom — and a merger that could reshape private education in the Swiss Alps. In March 2020, Ariane de Bonvoisin was skiing in Verbier, Switzerland, with her husband and her son. A native of New York, she had skied there since childhood and her family had a chalet …
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