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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 …
Troublesome Swiss train will not operate abroad
2025-12-17
The Swiss Federal Railways will not be operating the problem-riddled double-decker FV-Dosto train abroad. The aim of the procurement was to keep all options open, said the spokeswoman for Swiss Federal Railways on Swiss public radio SRF. “In the meantime, we have seen that there are other trains that are more suitable for use on …
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 …
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 pharma exports to Russia continue despite war
2025-10-21
More than three and a half years after Moscow’s attack on Ukraine, exports of the Swiss pharmaceutical industry to Russia remain largely stable. +Get the most important news from Switzerland in your inbox Companies justify this with their responsibility towards patients, but there is no shortage of criticism. According to figures from the Federal Customs …
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 …
Switzerland expects weaker economic growth
2025-08-28
The threat of United States tariffs has dampened Swiss economic growth expectations for 2026. + Get the most important news from Switzerland in your inbox Real gross domestic product (GDP) rose by just 0.1% on an adjusted basis compared to the starting quarter, as announced by the State Secretariat for Economic Affairs (Seco) on Thursday. …
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