Category Archive: 3) Swiss Markets and News

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Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to a niche client base in three principal markets, the United Kingdom, South Africa and Australia, as well as certain other geographies. Investec’s strategic goals are motivated by the desire to develop an efficient and integrated business on an international scale through the active pursuit of clearly established core competencies in the group’s principal business areas.
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Coop overtakes Migros in battle of Swiss food retailers

2025-11-03

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2025-11-03

Swiss retailer Migros is marking its 100th anniversary this year, but there is not much reason to celebrate. According to the SonntagsZeitung, the cooperative giant is continuing to lose market share in its core business, while Coop is growing. + Get the most important news from Switzerland in your inbox In an article published on …

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Switzerland optimistic about COP30 climate meeting

2025-11-02

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2025-11-02

Despite the delicate geopolitical context, the Swiss government is optimistic about the upcoming 30th United Nations Climate Change Conference (COP30) in Brazil, which opens on November 10. + Get the most important news from Switzerland in your inbox "The fact that so many countries are cooperating despite all the difficulties is already a success," Swiss …

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Critics of inheritance tax initiative to spend millions on campaign

2025-10-31

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2025-10-31

The opponents of the Swiss initiative to tax million-franc inheritances are spending big on the referendum campaign. The various committees have budgeted CHF3.67 million ($4.57 million) for the no campaign – many times more than those in favour. +Get the most important news from Switzerland in your inbox This is shown by figures from the …

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SNB posts nine-month profit of CHF12.6 billion

2025-10-31

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2025-10-31

The Swiss National Bank (SNB) made a profit in the first nine months of 2025. This was thanks to the profitable third quarter following a loss in the first half of the year. +Get the most important news from Switzerland in your inbox According to a statement on Friday, profit for the nine-month period totalled … Continue reading...

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SWISS grounds its Airbus A220-100s

2025-10-30

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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 …

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Nestlé rejects allegations of human rights violations in supply chain

2025-10-30

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2025-10-30

Swiss food giant Nestlé has rejected accusations by human rights and environmental organisations regarding violations of the German Supply Chain Act. + Get the most important news from Switzerland in your inbox A Nestlé spokeswoman told the news agency AWP on Thursday that Nestlé had either not been directly involved with the companies concerned or …

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Fewer retailers accept cash in Switzerland

2025-10-30

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2025-10-30

For the most part, the Swiss population can still choose between paying with cash, payment cards and payment apps when shopping and visiting restaurants. However, cash is less and less accepted in retail trade and on public transport. + Get the most important news from Switzerland in your inbox Overall, cash is accepted by fewer …

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Swiss economic outlook is improving, says thinktank

2025-10-30

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2025-10-30

Switzerland's economic outlook continued to improve in October, according to the KOF Institute's Economic Barometer. While expectations are improving overall, there are divergences between sectors. + Get the most important news from Switzerland in your inbox After falling in August as a result of the introduction of 39% tariffs on Swiss imports into the United …

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SWISS to reduce flight destinations from Geneva

2025-10-30

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2025-10-30

Swiss International Airlines (SWISS) will be reducing the number of short-haul flights out of Geneva Airport from summer 2026. The airline cites a lack of resources. + Get the most important news from Switzerland in your inbox "We are reducing the number of destinations from Geneva because we need to optimise the use of our … Continue...

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Switzerland tightens Russia sanctions in finance and oil sectors

2025-10-30

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2025-10-30

Three and a half months after the European Union, Switzerland is also implementing new sanctions against Russia. The package includes further export restrictions on goods to strengthen industry as well as goods to strengthen Russia's military and technological capabilities. + Get the most important news from Switzerland in your inbox This is the 18th package …

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UBS to appeal AT1 bond court setback

2025-10-29

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2025-10-29

Swiss bank UBS intends to appeal against the Federal Administrative Court's verdict that the write-down of Credit Suisse's AT1 bonds had no legal basis. + Get the most important news from Switzerland in your inbox UBS joins Finma, which announced in mid-October that it intended to bring the case before the Federal Supreme Court. With …

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UBS bank posts $2.5 billion Q3 profit

2025-10-29

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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 …

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Swiss appliance manufacturer V-Zug to cut costs

2025-10-29

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2025-10-29

Following the slump in profits in the first half of the year, Swiss household appliance manufacturer V-Zug is resorting to more stringent cost-cutting measures. + Get the most important news from Switzerland in your inbox The Group expects sales and profits to plummet in 2025 Net sales for the current financial year are expected to …

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Swiss lawmakers back media copyright fees for digital giants

2025-10-28

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2025-10-28

Large online services such as Google and X should pay copyright fees when they display extracts from newspaper articles, says a Swiss parliamentary committee. + Get the most important news from Switzerland in your inbox However, the House of Representatives Committee for Transport and Telecommunications (KVF-N) wants to refer the corresponding bill back to the …

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Apprenticeships boost immigrant integration in Switzerland

2025-10-28

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2025-10-28

Swiss justice minister Beat Jans has praised the role of pre-apprenticeship INVOL programme for helping integrate immigrants into society. + Get the most important news from Switzerland in your inbox INVOL prepares refugees and immigrants for basic vocational training over the course of a year. The Confederation believes that pre-apprenticeships make a valuable contribution to …

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Swiss cablecars post CHF1.8 billion turnover in 2025

2025-10-28

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2025-10-28

Swiss cablecar companies recorded a turnover of CHF1.8 billion in 2025. Strong growth was recorded in the summer months in particular, said the Swiss Cableways Association. + Get the most important news from Switzerland in your inbox Compared to the previous year, the cablecars increased their turnover by CHF200 million. The results for 2025 are …

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Swiss white collar worker shortfall more pronounced

2025-10-28

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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, …

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Ex-UBS trader sues bank for ‘malicious’ Libor prosecution

2025-10-28

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2025-10-28

Tom Hayes, the former star UBS bank trader who became the face of the Libor rigging scandal, sued his former employer accusing it of handing him over on a “silver platter” to global prosecutors in order to protect the bank and its senior leadership. + Get the most important news from Switzerland in your inbox …

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Swiss trade union says Sunday leave is out of the question

2025-10-26

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2025-10-26

Switzerland's trade union Unia today reiterated its opposition to the extension of Sunday working, which it considers harmful to the health of sales staff. + Get the most important news from Switzerland in your inbox Unia, on the last day of its congress in Brig, canton Valais, denounced plans to expand the number of Sunday …

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Swiss Post expects a ‘significant’ decline in profits

2025-10-26

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2025-10-26

According to interim CEO Alex Glanzmann, Swiss Post is expecting a significant drop in profits compared to last year. + Get the most important news from Switzerland in your inbox "We are expecting a low three-digit million figure", said Glanzmann in an interview with Swiss German-language newspaper SonntagsBlick. Swiss Post generated a Group profit of …

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