Category Archive: 3.) Swissinfo Business and Economy

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Swiss air traffic controller Skyguide to cut up to 220 jobs

2026-05-19

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2026-05-19

Swiss air traffic control company Skyguide intends to reduce its workforce by up to 220 positions by the end of 2027. +Get the most important news from Switzerland in your inbox The company is responding to rising costs by opening a consultation procedure with its employees. The Geneva-Cointrin site and the Dübendorf airfield are in …

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Global energy turmoil: how resilient is Switzerland?

2026-05-19

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2026-05-19

Switzerland produces no oil or gas of its own, yet its emergency fuel reserves could keep the country running for months. This video explores what would happen in the event of a global supply shock – and how disruptions such as a Strait of Hormuz blockade could ripple all the way to Switzerland.

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Swiss mobility habits react to rising fuel prices

2026-05-19

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2026-05-19

Faced with soaring fuel prices, the Swiss are reassessing the way they travel, according to a survey. +Get the most important news from Switzerland in your inbox Some 42.1% of the 1,000 people questioned between the end of April and mid-May said they were using public transport more often and 35.2% were walking more frequently, …

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Six out of ten Swiss companies use AI

2026-05-19

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2026-05-19

Six out of ten Swiss companies are using artificial intelligence (AI), according to a study by UBS bank. +Get the most important news from Switzerland in your inbox The technology is generally viewed positively. Few companies, however, see it as a substitute for employees. "Many companies are using AI, but few are doing so systematically", …

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Swiss railway freight rejig affects 200 employees

2026-05-19

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2026-05-19

The reorientation of Swiss Federal Railway's freight business means changes for almost 200 employees. +Get the most important news from Switzerland in your inbox Employees will have to change their place of work or retrain within the company. Redundancies will be the exception, the company announced on Tuesday. As announced in December, Swiss Railways will …

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Middle East war ‘risks slowing Swiss economy’

2026-05-19

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2026-05-19

The Middle East conflict, along with soaring oil and gas prices, are likely to slow the Swiss economy and accelerate inflation, according to projections from UBS bank economists. +Get the most important news from Switzerland in your inbox If the war between the United States and Iran drags on, oil prices are likely to soar …

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Switzerland monitors Japanese concerns over Tavneos drug

2026-05-19

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2026-05-19

Switzerland’s drugs regulator Swissmedic is closely monitoring international developments around the drug Tavneos following warnings from Japan about several deaths. +Get the most important news from Switzerland in your inbox The Japanese pharmaceutical company Kissei Pharmaceutical has warned doctors against prescribing Tavneos, a drug developed by the American biotech company Amgen to treat rare autoimmune …

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Jordan rebuffs Swiss arms control inspectors

2026-05-19

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2026-05-19

Jordan refused to fully cooperate with a Swiss delegation sent to inspect weapons exported from the Alpine state last year. +Get the most important news from Switzerland in your inbox This is revealed in a report by the State Secretariat for Economic Affairs (Seco), which was first reported by Swiss public broadcaster SRF. + Switzerland …

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Can CERN’s $19bn effort to rewrite physics survive a fracturing world?

2026-05-18

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The CERN particle physics research laboratory outside Geneva is pursuing its next chapter. ⚛️⁠ ⁠ The lab’s next-generation particle collider, the Future Circular Collider (FCC), has the backing of the scientific community and has passed a feasibility study conducted by 1,500 experts. ⁠ ⁠ What is rather less settled is how to pay for it.⁠ ⁠ Visit Swissinfo to read more. ⁠ ⁠ #switzerland #swiss #cern #geneva #fcc⁠ ⁠ --- swissinfo.ch is the...

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Swiss government concerned by Italian health tax

2026-05-18

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2026-05-18

The Ticino government received Swiss Foreign Minister Ignazio Cassis on Monday. One of the topics of discussion was the health tax for cross-border commuters launched by Italy. +Get the most important news from Switzerland in your inbox Relations between Switzerland and Italy are of great importance for Ticino, according to a statement issued by the …

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Study: Switzerland should abolish OECD minimum tax

2026-05-18

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2026-05-18

A study by the University of St Gallen (HSG) is calling for the abolition of the OECD minimum tax. It says the rules are outdated, legally risky and detrimental to Switzerland as a business location. +Get the most important news from Switzerland in your inbox This is the conclusion of the study published on Monday … Continue...

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Swiss economy picked up pace at start of year

2026-05-18

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2026-05-18

Despite the oil price shock and customs turbulence, the Swiss economy performed well at the beginning of 2026. However, it is uncertain whether this trend will continue. +Get the most important news from Switzerland in your inbox Real, seasonally adjusted gross domestic product (GDP) grew by 0.5% in the first quarter compared to the previous …

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UBS: the bank that outgrew a country

2026-05-18

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2026-05-18

UBS chair Colm Kelleher was driving back to Zurich from Bern in March 2023 when his phone rang. The Irish banker was heading home after a weekend of tumultuous negotiations that had culminated in a historic $3.25 billion (CHF2.55 billlion) deal to rescue UBS’s rival Credit Suisse. On the other end of the line was … Continue reading »

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Swiss president labels EU steel tariffs as counterproductive

2026-05-17

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2026-05-17

Guy Parmelin has expressed his discontent over steel tariffs recently approved by the European Union. Parmelin, who is also economics minister, called the tariffs "unacceptable" in an interview with Swiss public radio SRF on Saturday. Parmelin said he had warned European Commission President Ursula von der Leyen of a possible "own goal". Since Switzerland is …

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Hundreds queue in Switzerland to purchase trendy Royal Pop watches

2026-05-17

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2026-05-17

From Friday onwards, hundreds of people massed outside Swatch shops in Switzerland in the hope of being able to buy one of the new 'Royal Pop' watches on Saturday morning. Scuffles broke out in some places. More than a thousand people gathered in Geneva, according to a Keystone-SDA news agency photographer on the scene. They …

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How Switzerland became a land of coffee

2026-05-16

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2026-05-16

Only Brazil exports more coffee than Switzerland. How did a small country, where the climate makes it impossible to grow coffee, become the world’s second-largest coffee exporter? It is a story that also has its dark chapters. Switzerland has achieved something economically that defies all logic. With an export value of around CHF3.3 billion ($4.2 …

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War and drought push Lebanon agriculture to breaking point

2026-05-15

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2026-05-15

War, economic collapse and declining rainfall are pushing Lebanon’s agricultural sector to the brink. Even water projects backed by Switzerland are struggling to cope. Lebanon’s humanitarian crisis is worsening. Nearly one in five people now face acute food insecurity, with more than 1.2 million people affected, according to the United Nations’ IPC hunger scale. The …

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New rules for civilian service? – Switzerland votes

2026-05-14

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In 2025, a record number of people were accepted into civilian service. The Swiss government and a majority in parliament believe that the high number of admissions to civilian service is problematic. The Swiss parliament wants to make it more difficult to switch from military to civilian service. There was a referendum against this proposal. Now the decision will be put to a vote on June 14. Read more about the topic:...

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Helvetistan, a key alliance for Switzerland

2026-05-13

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Helvetistan is an informal name that refers to a group of countries whose voice Switzerland represents at the World Bank and the International Monetary Fund (IMF), two of the world's main multilateral financial institutions. Visit Swissinfo to read more. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For...

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Feeling blue: falling confidence, rising inflation, and a ‘face theft’ lawsuit

2026-05-13

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2026-05-13

Welcome to our press review of events in the United States. Every Wednesday we look at how the Swiss media have reported and reacted to three major stories in the US – in politics, finance and science. Have you ever had your likeness used by AI? I once presented a short video in English and, …

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