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UBS CEO Sergio Ermotti earned CHF14.9 million in 2025
2026-03-09
UBS CEO Sergio Ermotti received a total remuneration of CHF14.9 million (about $19 million) last year, the same amount as in 2024. His salary consists of a fixed part of CHF2.8 million and a variable part of CHF12.1 million, according to the annual report of Switzerland’s leading bank published today. +Get the most important news …
Nestlé chief blames Trump for company going quiet on sustainability
2026-01-22
Philipp Navratil tells staff that ESG has ‘gone off the agenda’ for US investors since president’s re-election. Nestlé chief executive Philipp Navratil has partly blamed Donald Trump for the company’s failure to talk enough about sustainability, as the US president dismantles the country’s environmental regulations and labels climate change “a hoax”. At an event for …
Trump’s tariff threats are ‘a mistake,’ says von der Leyen at WEF
2026-01-20
The additional tariffs proposed by US President Trump are a mistake, declared European Commission President Ursula von der Leyen at the opening of the World Economic Forum (WEF). She was reacting to the US President’s threats if Greenland was not ceded to him. + Get the most important news from Switzerland in your inbox “We …
Anti-WEF demo in Zurich turns violent
2026-01-20
An anti-WEF demonstration on Monday evening turned violent, resulting in property damage and clashes with police. Several thousand people took part in the rally at the start of the World Economic Forum, as reported by the Zurich city police. + Get the most important news from Switzerland in your inbox The demonstration with the slogan …
Swiss to vote on preserving cash as a payment system
2026-01-19
On March 8, the Swiss will decide whether the availability of cash should be enshrined in the constitution. A popular initiative and the government’s counterproposal are both on the ballot. An explainer. How do the Swiss use cash currently? According to a recent study by the Swiss National Bank (SNB), Swiss residents are moving away …
Cheap flight tickets are no longer realistic, says SWISS CEO
2025-11-26
According to an interview with Swiss International Airlines (SWISS) CEO Jens Fehlinger, flight tickets of CHF100 ($124) are no longer realistic in the future. Sustainable fuel is more expensive than conventional fuel and more of it will have to be refuelled in future. + Get the most important news from Switzerland in your inbox “This …
Swiss firm RUAG to assemble and test four F-35A fighter jets
2025-10-09
Four of the 36 F-35A fighter jets ordered by Switzerland from the United States will undergo final assembly and testing at RUAG’s site in canton Lucerne. The defence company is exploring how it can turn itself into a European centre for military aviation. The Swiss defence ministry is supporting the so-called RIGI project, defence company …
ABB to sell robotics division to Softbank Group
2025-10-08
The Swiss-Swedish technology group ABB is selling its robotics business to the SoftBank Group for $5.4 billion (CHF4.3 billion). +Get the most important news from Switzerland in your inbox The original idea of a spin-off of the business as an independently listed company will therefore not be pursued further, as ABB announced on Wednesday. The …
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