Category Archive: 3.) Swissinfo Business and Economy

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Swiss government seen as lacking team spirit

2022-08-02

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2022-08-02

Nearly two out of three Swiss (64%) believe that Swiss government members do not work smoothly together, according to a survey carried out by the Sotomo research institute.

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Swiss fundraising effort creates tensions with Ukraine

2022-08-01

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2022-08-01

The humanitarian charity Swiss Solidarity raised CHF126 million ($132.4 million) to help Ukrainian refugees and support local journalists. But Ukrainian authorities say they have yet to receive anything and appear to be getting impatient. 

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Switzerland faces shortage of air traffic controllers

2022-07-31

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2022-07-31

Swiss air navigation service provider Skyguide says it is struggling to recruit air traffic controllers, especially in French-speaking Switzerland. Only five people are starting training in September, although there are 16 posts to be filled.

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Swiss sales of medicines to Russia jump during war

2022-07-28

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2022-07-28

Swiss exports of medicines to Russia have risen sharply since the start of the Ukraine war, according to an analysis by business news agency AWP.

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Lufthansa strike to hit SWISS flights

2022-07-27

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2022-07-27

The Swiss national carrier is cancelling around a dozen flights to Germany on Wednesday, owing to a one-day strike by ground staff at its German parent company Lufthansa.

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The Swiss army: your questions answered Part 6

2022-07-26

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In Switzerland, all able-bodied men complete compulsory military service, while others opt for a civilian service. But how useful is a conscript army in light of what Russia did to Ukraine?

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Swiss retail banks earn highest profit per customer

2022-07-24

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2022-07-24

Swiss retail banks make the most profit per customer among wealthy nations, according to an international ranking.

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Energy experts warn of possible power shortages

2022-07-23

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2022-07-23

Switzerland could face electricity and gas shortages in winter despite sufficient supplies at the moment and considerable reserves, experts say.

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Major Swiss private bank to scrap negative interest charges

2022-07-22

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2022-07-22

Wealth manager Julius Bär has joined a growing list of Swiss banks that will no longer pass on the cost of negative interest rates to clients.

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What happens if the Black Sea blockade is lifted?

2022-07-22

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2022-07-22

United Nations and Turkey-led negotiations with Moscow and Kyiv to allow Ukrainian grain exports to resume in the Black Sea are moving forward. But even if a deal is signed, its impact to alleviate the food crisis could take months.

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The UK and Switzerland’s fall outs with the EU

2022-07-21

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What do Brexit and the Swiss breakdowns in relations with the EU have in common? According to a Swiss social historian, quite a lot. Switzerland has never been an EU member but enjoys almost full access to the EU’s internal market, thanks to 120 bilateral agreements. Attempts to update these with a new framework agreement collapsed in 2021 when the Swiss walked out of talks with the EU. The Financial Times dubbed the fallout “Swexit” in reference...

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Swiss customs crack down on fake medicinal imports

2022-07-21

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2022-07-21

Switzerland’s customs and border security authorities have seized more than 230 packages of illegally imported counterfeit medical products.

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The Swiss army: your questions answered Part 5

2022-07-19

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In Switzerland, all able-bodied men complete compulsory military service, while others opt for a civilian service. But how useful is a conscript army in light of what Russia did to Ukraine?

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Ukraine war hits Swiss asset management industry

2022-07-19

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2022-07-19

The ongoing war in Ukraine has been partly blamed for losses at a prominent Swiss asset management company. The entire Swiss industry suffered a dip in fortunes in the first six months of year as extreme market volatility reduced the value of investments and caused clients to play safe with their money.

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Russia threatens Swiss newspaper over Putin caricature

2022-07-18

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2022-07-18

Russia has threatened Swiss newspaper Neue Zürcher Zeitung with legal action after it published critical reports and a caricature of Russian President Vladimir Putin.

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Biggest soy traders enlist indirect suppliers to tackle hidden deforestation

2022-07-17

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2022-07-17

Six of the world’s biggest commodity traders have committed to help some of their largest indirect suppliers source soy sustainably in Brazil’s vulnerable Cerrado region.

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Dairy substitutes filling up Swiss shelves

2022-07-16

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2022-07-16

Plant-based dairy products continue to gain in popularity in Switzerland, with sales of plant-based milk more than doubling since 2017. However, dairy substitutes still occupy a niche in the overall market.

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Half of flights delayed at Zurich Airport

2022-07-15

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2022-07-15

Almost every second flight from Zurich Airport has been delayed since the beginning of June, with travellers facing more delays this summer.

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Experts pessimistic about 2023 outlook for Swiss economy

2022-07-14

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2022-07-14

The BAK Economics market research institute has confirmed its forecast for the Swiss economy this year, but it is more pessimistic about 2023.

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Swiss tech chameleon fast tracks into trouble

2022-07-13

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2022-07-13

If running a fintech start-up isn’t hard enough, then try pivoting to healthtech in mid-stride. The transition from digital payments to Covid diagnostics has proven a bumpy ride for Achiko, resulting in its shares being suspended from trading on the Swiss stock exchange.

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