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Europe’s night-train revival on ‘shaky ground’
2026-03-19
Taking a night train across Europe is romantic and climate-friendly, and demand is strong. Yet the much-touted revival of overnight lines is hampered by ageing rolling stock, patchy funding and overstretched infrastructure. Night trains combine nostalgia with climate-consciousness. A passenger who chooses to cross the continent in a sleeper car produces 28 times fewer emissions …
Swatch CEO’s pay falls to CHF4.7m after profit slump in 2025
2026-03-18
Swatch Group CEO Nick Hayek took a pay cut in 2025 after the watchmaker reported a nearly 90% plunge in profits. +Get the most important news from Switzerland in your inbox According to the company’s 2025 annual report published on Wednesday, the Swatch boss received total remuneration of CHF4.7 million ($6 million), down from CHF5 …
Swiss Swatch group suffers huge profit slump
2026-01-30
Swiss watch manufacturer Swatch suffered a near 90% slump in net profits last year as sales in Asia plunged, particularly in China. + Get the most important news from Switzerland in your inbox The group reported net profits of CHF25 million, down from CHF219 million in 2024. + Chinese slump hits luxury watch industry Sales …
Switzerland eases arms export rules as its industry is shunned by Europe
2026-01-29
The pendulum on Switzerland’s sale of weapons to countries embroiled in conflict has swung in favour of its defence industry, as Europe rearms at a rate not seen since the Cold War. Swiss officials insist such exports are compatible with neutrality. Over the course of 2022, Germany twice asked Switzerland to allow it to re-export …
Swiss franc surges to decade high as traders seek last ‘reliable’ haven
2026-01-28
Alpine currency at strongest level since 2015 shock appreciation, putting pressure on central bank. The Swiss franc has surged to its strongest level against the US dollar in more than a decade, as a stampede into what traders are calling currency markets’ last “reliable” haven poses an increasing problem for the Swiss National Bank. The …
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