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How a Swiss compromise could save UBS billions
2025-12-18
Nearly two years after the Swiss government first proposed significantly increasing the capital requirements of UBS — igniting a heated dispute with the country’s largest bank — there are signs that the debate is finally moving in a more amicable direction. A cross-party group of Swiss politicians last week laid out a set of compromise …
Renewable power growth must accelerate, warns Swiss energy office
2025-12-15
The transformation of the Swiss energy system is progressing too slowly. Switzerland needs to double its current use of renewable energies – not including hydropower – to meet the national target set for 2035. + Get the most important news from Switzerland in your inbox This warning came on Monday from the seventh monitoring report …
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 …
Swiss trade union says Sunday leave is out of the question
2025-10-26
Switzerland’s trade union Unia today reiterated its opposition to the extension of Sunday working, which it considers harmful to the health of sales staff. + Get the most important news from Switzerland in your inbox Unia, on the last day of its congress in Brig, canton Valais, denounced plans to expand the number of Sunday …
Swiss alpine cantons protest proposed second home tax
2025-09-05
A proposed new Swiss tax on second homes, linked to the abolition of imputed rental values, is irresponsible, say some cantons. +Get the most important news from Switzerland in your inbox They argue that this solution is unfair, ill-conceived and economically damaging. On September 28, the Swiss people will vote on a new cantonal property …
Swiss unemployment rate up slightly in August
2025-09-04
The Swiss job market deteriorated slightly last month. The number of unemployed rose by almost 3,000 (+2.3%) month-on-month, to reach 132,105. The unemployment rate rose to 2.8%. +Get the most important news from Switzerland in your inbox Adjusted for seasonal variations, this rate remained unchanged at 2.9%, according to the State Secretariat for Economic Affairs …
Swiss solar firm Meyer Burger ceases operations at German sites
2025-09-03
Solar cell manufacturer Meyer Burger ceased operations at its sites in Saxony and Saxony-Anhalt on September 1 after failing to find new investors. +Get the most important news from Switzerland in your inbox Almost 500 employees, and therefore a large proportion of the workforce in Hohenstein-Ernstthal near Chemnitz and in Bitterfeld-Wolfen, have been made redundant …
Swiss pharma firm Sandoz invests $440 million in Slovenia
2025-07-02
Sandoz is expanding its presence in Slovenia. The Basel-based generics giant has launched the construction of a new biosimilars production centre in Brnik at a cost of $440 million (CHF349 million). +Get the most important news from Switzerland in your inbox The announcement brings current and planned investments in the small Alpine country to more …
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