Category Archive: 3.) Swissinfo Business and Economy

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Swiss initiative launched for better protection of internet users

2026-03-03

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2026-03-03

A new popular initiative wants to hold tech giants to account. Proponents want Big Tech to take stronger action against illegal content such as child abuse, fraud and disinformation. The text of the initiative was published in the Federal Gazette on Tuesday. The initiators have until September 3, 2027 to collect the 100,000 signatures required …

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UBS told to tone down lobbying in row with Swiss government

2026-03-03

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2026-03-03

UBS has been told to tone down its lobbying campaign in the row with the Swiss government over capital reforms, even as the lender explores plans to extend its chief executive’s tenure beyond next year. Switzerland’s largest bank has been at odds with the government for nearly two years over plans to force it to … Continue...

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Swiss stock market takes slight tumble as war in Middle East escalates

2026-03-02

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2026-03-02

The war in the Middle East is leading to losses on the world's major stock exchanges at the start of the week. However, the Swiss Market Index (SMI) did not fall quite as sharply in early trading as its key European counterparts. + Get the most important news from Switzerland in your inbox On the … Continue reading...

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Gender pay gap widens slightly in Switzerland

2026-03-02

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2026-03-02

Switzerland has moved up one place to 20th in a ranking of equality in the workplace, but its situation is stagnating. The pay gap between men and women has widened to 17.4% and the proportion of women working full-time has fallen, according to the PwC 2026 index. + Get the most important news from Switzerland … Continue...

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SWISS cancels flights to Tel Aviv and Dubai

2026-02-28

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2026-02-28

After Iran was attacked by the US and Israel on Saturday, Swiss International Airlines will no longer be flying to Israel until March 7. As many airspaces are closed, the airline also cancelled its Saturday and Sunday flights to Dubai. A total of 14 flights to and from Tel Aviv were affected, SWISS announced on … Continue reading...

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Swiss data centres can improve energy efficiency by 46%

2026-02-28

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2026-02-28

Swiss data centres and server rooms have the potential to improve energy efficiency by 46% if technology and operations are systematically optimised. According to the Swiss Energy Platform of the Swiss Federal Office of Energy, savings are possible through more efficient cooling systems, higher operating temperatures, waste heat utilisation and the use of energy-efficient hardware, …

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Two dead in Stadler tram derailment in Milan

2026-02-28

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2026-02-28

Two people died and several others were injured in a tram accident in Milan on Friday afternoon. The derailed tram was manufactured by Swiss firm Stadler Rail. "We confirm that the tragic accident in Milan involved a Tramlink Milano vehicle," a Stadler spokesperson told the news agency AWP on Friday evening in response to an …

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‘Money laundering’ Swiss MBaer bank shut down

2026-02-27

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2026-02-27

The Swiss Financial Market Supervisory Authority (FINMA) has ordered the liquidation of MBaer Merchant Bank, which has been labelled a money laundering risk by the United States. + Get the most important news from Switzerland in your inbox The supervisory authority had previously identified serious deficiencies in the Zurich-based private bank's anti-money laundering practices during …

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Swiss anti-GMO initiative handed in at Bern

2026-02-27

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2026-02-27

An initiative to protect Swiss food from genetically modified organisms (GMOs), backed by 137,000 supporters, has been submitted to the Federal Chancellery in Bern. + Get the most important news from Switzerland in your inbox The Food Protection Initiative could force a nationwide vote on the issue after reaching the threshold of 100,000 signatures. + …

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Swiss president calls for European economic cooperation

2026-02-27

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2026-02-27

At a meeting with the economic ministers of German-speaking countries in Zurich on Friday, Swiss president Guy Parmelin urged trade cooperation on the continent. + Get the most important news from Switzerland in your inbox European measures should not affect the interlinked supply and value chains. Cooperation and trust must be strengthened among like-minded people …

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Insurer Swiss Re posts significantly higher profits

2026-02-27

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2026-02-27

Reinsurer Swiss Re significantly increased its consolidated profit in 2025, exceeding its own target. + Get the most important news from Switzerland in your inbox Net profit totalled $4.8 billion, significantly higher than the previous year's figure of $3.2 billion. However, profits were still burdened by high provisions for the United States liability business. Swiss …

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Swiss economy rebounded slightly Q4 2025

2026-02-27

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2026-02-27

The Swiss economy regained some momentum in the fourth quarter of last year, with gross domestic product (GDP) up 0.2% on the previous three months. + Get the most important news from Switzerland in your inbox These were the findings of the State Secretariat for Economic Affairs (Seco) on Friday, confirming its initial estimate. Developments …

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Switzerland’s bitter-sweet news for Alzheimer’s patients

2026-02-27

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2026-02-27

Swiss medicines regulator Swissmedic was expected to approve two drugs for Alzheimer‘s disease. But in late January it only approved one, leaving patients in Switzerland with fewer treatment options than in many countries. What happened? For two and a half years, doctors in Switzerland have been eagerly awaiting a decision from Swissmedic on two new …

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Swiss MBaer bank labelled money laundering threat by US

2026-02-26

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2026-02-26

The Swiss MBaer Merchant Bank has been called a "primary risk for money laundering" by the United States authorities. + Get the most important news from Switzerland in your inbox The Swiss Financial Market Supervisory Authority (FINMA) has appointed an investigating officer at the Zurich-based bank following enforcement proceedings. The US Financial Crimes Enforcement Network …

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Switzerland freezes CHF687m linked to Maduro’s Venezuelan circle

2026-02-26

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2026-02-26

Swiss banks are holding CHF687 million in frozen assets originating from Venezuela. These assets belong to individuals associated with the ousted president, Nicolás Maduro. + Get the most important news from Switzerland in your inbox The online portal tippinpoint was the first to report on these assets. The Swiss government confirmed to the Keystone-SDA news …

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Swiss bank Edmond de Rothschild monitors Epstein links

2026-02-26

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2026-02-26

Directors at Edmond de Rothschild bank are monitoring reports of CEO Ariane de Rothschild's contact with sex offender Jeffrey Epstein. + Get the most important news from Switzerland in your inbox The Geneva-based wealth manager is reporting continued inflows of new money. Since the publication of the documents by the United States Department of Justice …

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WEF boss resigns over Epstein links

2026-02-26

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2026-02-26

World Economic Forum (WEF) president and chief executive Børge Brende has resigned amidst a probe into his links with sex offender Jeffrey Epstein. + Get the most important news from Switzerland in your inbox Brende stated on Thursday that after "careful consideration" he is stepping down "I am convinced that the Forum can now continue …

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Swiss service sector adds jobs as industry employment dips

2026-02-26

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2026-02-26

Employment in Switzerland continued to rise slightly in the fourth quarter of 2025. The increase was once again driven by the services sector, while industry jobs continue to decline. + Get the most important news from Switzerland in your inbox The employment outlook is positive overall, according to the employment barometer published by the Federal …

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Swiss second home prices skyrocket

2026-02-26

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2026-02-26

The demand for second homes in Swiss tourist regions remains very high, leading to more rapid price inflation than for primary housing. + Get the most important news from Switzerland in your inbox According to an analysis released today by the consulting firm Wüest Partner, the increase in real estate values for secondary residences was …

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Switzerland mulls Ukraine trade restriction extension

2026-02-26

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2026-02-26

Switzerland not only sanctions Russia but also prohibits goods being exported to Ukraine that could be used in the conflict. The Swiss government wants to extend Ukraine trade restrictions by enshrining temporary emergency powers into a new law. + Get the most important news from Switzerland in your inbox Switzerland largely adopts European Union sanctions …

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