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Swiss insurance group Helvetia Baloise to cut 2,600 jobs
2025-12-09
The newly merged insurance group Helvetia Baloise is expected to cut between 2,000 and 2,600 jobs over the next three years. The Group informed employees on Tuesday about the planned scope of the redundancies. +Get the most important news from Switzerland in your inbox This was explained by a company spokesperson at the request of …
Swiss tobacco ad ban to protect minors to begin in 2027
2025-12-05
The new rules on tobacco advertising to protect children adopted by the Swiss parliament this summer should come into force at the beginning of 2027. On Friday, the government launched an official consultation process. +Get the most important news from Switzerland in your inbox This represents a step towards the introduction of the restrictions on …
Swiss energy firm expands German battery storage footprint
2025-12-03
Swiss energy provider Alpiq is expanding its presence in Germany with a portfolio of battery energy storage projects (BESS). +Get the most important news from Switzerland in your inbox The projects are located in the federal states of Brandenburg and Saxony-Anhalt and are expected to be ready for operation in 2026. The cost of the …
Nestlé to cut thousands of jobs in next two years
2025-10-16
The new CEO of the Swiss food giant Nestlé, Philipp Navratil, announced the company plans to cut 16,000 jobs globally over two years. + Get the most important news from Switzerland in your inbox The cuts will include 12,000 management positions, Nestlé said on Thursday. This measure alone should reduce the cost base by CHF1 …
FINMA appeals decision on Credit Suisse AT1 bonds
2025-10-15
The Swiss Financial Market Supervisory Authority (FINMA) does not intend to accept the decision of the Federal Administrative Court to write off Credit Suisse’s AT1 bonds. It is now appealing the decision to the Federal Supreme Court, as the authority announced on Wednesday. + Get the most important news from Switzerland in your inbox In …
Swiss government fears wealth exodus with inheritance tax hike
2025-10-13
The Swiss government fears a proposed national inheritance tax on estates over CHF50 million could reduce overall tax revenues as wealthy people are likely to leave the country. + Get the most important news from Switzerland in your inbox Voters will decide on the proposal by the youth wing of the Social Democratic Party (Juso) …
Swiss machinery sector continues to suffer from shrinking demand
2025-08-26
The Swiss machine and engineering industry remains caught in a downward spiral. In the current year, the number of orders have continued to fall, as has turnover. The industry association Swissmem assumes that the order situation will deteriorate even further. The main reason for this is the US tariff hike at the beginning of August. …
Patience key in Swiss-US tariff dispute: John Bolton
2025-08-21
In the ongoing dispute over United States tariffs, Switzerland should grit its teeth and wait, according to former National Security Advisor John Bolton. +Get the most important news from Switzerland in your inbox Bolton, who served during President Donald Trump’s first term in the White House, gave his comments to the Blick newspaper. “With counter-tariffs, …
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