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SWISS grounds its Airbus A220-100s
2025-10-30
Faced with engine maintenance problems and a shortage of spare parts, Swiss International Airlines (SWISS) decided to take all nine of its relatively small Airbus A220-100s out of service with immediate effect for one and a half years. + Get the most important news from Switzerland in your inbox This was indicated by Chief Financial …
UBS bank posts $2.5 billion Q3 profit
2025-10-29
Swiss bank UBS posted a net profit of $2.5 billion in the third quarter, up 74% year-on-year, thanks to its core business and the dissolution of provisions for legal risks. + Get the most important news from Switzerland in your inbox The bank also made progress with its cost-cutting programme following the takeover of Credit …
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 …
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 …
Swiss Post to re-start shipping some packages to US
2025-09-02
From Thursday, private customers will once again be able to send packages with a value of up to $100 (CHF80) to the United States via Swiss Post. Due to the new customs regulations, Swiss Post had suspended all goods shipments to the US last week. +Get the most important news from Switzerland in your inbox …
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 …
US extends tariff deadline to August 1
2025-07-08
The United States has extended a July 9 deadline for ongoing tariff negotiations until August 1 for many countries, including Switzerland. +Get the most important news from Switzerland in your inbox US President Donald Trump signed a decree to this effect on Monday. China is excluded from the deadline extension as there is a separate …
Swiss bosses distance themselves from the United States
2025-07-07
According to a survey of executives, Swiss companies are increasingly turning away from the US and orientating themselves more towards South East Asia and the EU. Almost two-thirds of 280 managers surveyed stated that their image of the United States had deteriorated over the past year. At the same time, 38% rated the EU more …
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