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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 …
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 …
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