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SWISS to discontinue duty-free sales on board by end September
2026-04-29
Swiss International Air Lines (SWISS) is discontinuing duty-free sales on its aircrafts at the end of September. The reason for the decision is falling demand, the airline announced in a press release on Wednesday. “Fewer and fewer guests are shopping on board. More and more passengers are researching products at home, comparing prices online and …
Swiss finance minister accuses UBS of over-aggressive lobbying
2026-04-28
Swiss finance minister Karin Keller-Sutter has complained of UBS bank putting parliamentarians under pressure ahead of a vote on banking regulation. + Get the most important news from Switzerland in your inbox Such strong lobbying by a private player is unusual in Switzerland, she said in an interview with the Blick newspaper. “I hear from …
Vontobel warns that Switzerland must avoid ‘over-regulation’
2026-03-09
Vontobel has warned that Switzerland must avoid “over-regulation” as the government prepares to unveil sweeping reforms to its too-big-to-fail regime in the wake of Credit Suisse’s collapse. Co-chief executive Christel Rendu de Lint, who leads one of Switzerland’s larger listed banks and asset managers with CHF241 billion ($311 billion) in assets under management, said safeguarding …
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 …
Shortage of skilled labour eases in Switzerland
2025-11-27
The shortage of skilled labour in Switzerland has decreased significantly for the second year in a row, according to the personnel service provider Adecco. + Get the most important news from Switzerland in your inbox Specifically, the skills shortage index compiled by Adecco is around 22% below the previous year’s figure. According to the evaluation, …
Swiss multinationals create more jobs than foreign firms
2025-11-27
In 2024, large Swiss corporations generated more jobs than foreign corporate groups. However, the majority of turnover is still generated by groups from abroad. + Get the most important news from Switzerland in your inbox This is the conclusion of an analysis published on Thursday by the Federal Statistical Office (FSO). According to this, around …
Beer sales decline again in Switzerland
2025-11-26
The downturn in the Swiss beer market continues. In the last brewing year 2024/25 (as of end September), beer sales including non-alcoholic beers shrank by 1.8% to 4.72 million hectolitres. + Get the most important news from Switzerland in your inbox The boom in craft beers is declining. On the other hand, demand for traditional …
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