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Swiss business associations call for less red tape
2025-11-24
Swiss companies could save CHF30 billion ($37 billion) a year by reducing bureaucracy, according to leading business associations. +Get the most important news from Switzerland in your inbox Excessive regulations and high costs for bureaucracy are a burden on businesses and inhibit growth, declared economiesuisse, the Swiss Union of Arts and Crafts, the Swiss Employers’ …
Swiss again European train champions
2025-11-20
Every Swiss resident travelled an average of 2,519 kilometres by train last year, surpassing the 2019 record of 2,505 kilometres. +Get the most important news from Switzerland in your inbox On average, everyone in Switzerland used the train 71 times in 2024. Compared with the previous year, the number of kilometres travelled (+2.2%) and the …
Switzerland misses transalpine freight targets
2025-11-19
The shift of transalpine freight traffic from road to rail in Switzerland has stalled in the last two years. +Get the most important news from Switzerland in your inbox The access routes are slowing down. The Federal Council is therefore lobbying neighbouring countries for rapid modernisation. The modal shift target of 650,000 lorry journeys set …
SWISS ‘eyes cheaper Indian flight crews’
2025-10-03
Swiss International Air Lines is looking to hire Indian cabin crews to the Canadian city of Montreal, with the aim of reducing costs. +Get the most important news from Switzerland in your inbox Their salaries amount to CHF580-950 per month, CH Media newspapers reported, citing sources within the company. “We are constantly evaluating different options …
Company bankruptcies on the rise in Switzerland
2025-10-02
There have been significantly more bankruptcies in Switzerland this year. The construction, catering and retail sectors in particular have suffered. +Get the most important news from Switzerland in your inbox Company bankruptcies climbed by 19.5% from January to September compared to the same period last year, according to the economic information service Crif on Thursday. …
Swisscom sees profit decline as Vodafone Italia integration drags on
2025-08-07
Profits fell in the first half of the year for Swisscom. On the back of the costs of the Vodafone Italia integration, the telecoms provider posted a net profit of CHF625 million ($773 million), 25% lower than in the same period last year. +Get the most important news from Switzerland in your inbox Thanks to …
One in three new vehicles in Switzerland are plug-ins
2025-08-05
The Swiss car market grew in July, thanks to a carryover of registrations from June. Since the start of the year, the decline has been close to 5%. +Get the most important news from Switzerland in your inbox During the month under review, 19,629 passenger cars were registered in Switzerland and the Principality of Liechtenstein, …
UBS settles Credit Suisse legacy case in the US
2025-08-04
UBS has reached an agreement in the US with the US Department of Justice (DOJ) for another Credit Suisse legacy issue. As part of the settlement concerning so-called mortgage-backed securities, UBS will pay $300 million (CHF242 million), as announced on Monday. +Get the most important news from Switzerland in your inbox The mortgages in question …
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