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SWISS grounds its Airbus A220-100s
2025-10-30
Faced with engine maintenance problems and a shortage of spare parts, Swiss International Airlines (SWISS) decided to take all nine of its relatively small Airbus A220-100s out of service with immediate effect for one and a half years. + Get the most important news from Switzerland in your inbox This was indicated by Chief Financial …
UBS bank posts $2.5 billion Q3 profit
2025-10-29
Swiss bank UBS posted a net profit of $2.5 billion in the third quarter, up 74% year-on-year, thanks to its core business and the dissolution of provisions for legal risks. + Get the most important news from Switzerland in your inbox The bank also made progress with its cost-cutting programme following the takeover of Credit …
Swiss white collar worker shortfall more pronounced
2025-10-28
The shortage of highly qualified workers is getting worse in Switzerland. Around 70% of professions such as medicine, architecture, physiotherapy, notary and careers guidance see staff shortages as a major problem in their sector. + Get the most important news from Switzerland in your inbox This shortage has a direct impact on clients and patients, …
Swiss farmers’ union applauds progress on EU treaty package
2025-10-22
The Swiss Farmers’ Union is in favour of the bilateral approach, but has not yet taken a definitive position on the new treaties with the European Union. In view of the dynamic adoption of legislation and the imprecise domestic implementation, it is calling for better involvement of the sector. +Get the most important news from …
On faces complaint over use of Swiss cross on shoes made in Asia
2025-09-03
The On company is again the subject of criticism because of the Swiss cross on its shoes. +Get the most important news from Switzerland in your inbox According to the Swiss newspaper Blick, Swissness Enforcement (SE) – an association campaigning for compliance with the legislation protecting the indication of Swiss origin – lodged a complaint …
Nestlé sacks CEO Laurent Freixe after affair with employee
2025-09-02
Swiss food giant Nestlé has dismissed its CEO, Laurent Freixe, with immediate effect. The move follows an investigation into a previously undisclosed relationship with a female employee who reported directly to him. +Get the most important news from Switzerland in your inbox The board of directors saw Freixe’s behaviour as a violation of the Nestlé …
Swiss group launches referendum against individual taxation
2025-07-03
The introduction of individual taxation of spouses in Switzerland would create new inequalities, says an all-party group launching a referendum. +Get the most important news from Switzerland in your inbox The referendum was launched against the indirect counter-proposal to a popular initiative, which the group labels as deception. Individual taxation would not lead to greater …
Can Saudi Arabia’s billions unlock the secrets to a longer, healthier life?
2025-07-03
Longevity has been an underfunded area of biotech research, as the challenge of getting drugs approved and the high risk of failure have deterred most pharma giants and academic grant providers. Now, Saudi Arabia is throwing it a lifeline. For nearly a decade, molecular biologist Johan Auwerx fought to get investors to back his theory …
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