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Swiss employers cautiously optimistic for 2026
2025-12-09
Swiss employers are cautiously optimistic about the start of 2026. Despite ongoing economic uncertainty, recruitment plans remain stable overall. +Get the most important news from Switzerland in your inbox However, many companies are planning their personnel decisions more carefully with a view to the first quarter of the coming year or are postponing some of …
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 …
Half-fare travel card here to stay, says Swisspass chief
2025-10-19
Helmut Eichhorn, CEO of Alliance SwissPass, told the SonntagsBlick newspaper that the half-fare travel card for public transport will be maintained, following headlines in the press that it would be discontinued. +Get the most important news from Switzerland in your inbox The price reduction on travel on trains, buses, trams and boats with the current …
UBS charges pension funds to hold their liquid assets
2025-09-01
Pension funds are complaining about ‘negative interest’ charges for holding liquid assets in accounts at Switzerland’s largest bank UBS. +Get the most important news from Switzerland in your inbox UBS’s letter is quite significant. At the end of June, the bank informed its institutional clients – primarily pension funds and insurance companies – in writing …
Stadler wins CHF100 million contract in Sweden
2025-08-25
Rolling stock manufacturer Stadler Rail has signed a CHF94 million ($117 million) contract with the Swedish company Stockholm Transport (SL). The trainsets are scheduled to be delivered in stages from 2027, with entry into service in 2028. + Get the most important news from Switzerland in your inbox The contract includes the delivery of ten …
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