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Category Archive: 3.) Swissinfo Business and Economy

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Swiss state-owned PostFinance to cut 141 jobs

2025-06-05

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2025-06-05

PostFinance, the financial services subsidiary of Swiss Post, plans to cut 141 jobs in the coming months, mostly in administrative functions in Bern. +Get the most important news from Switzerland in your inbox "The challenges posed by market volatility, investor uncertainty and a difficult interest rate environment are putting PostFinance under pressure," reads a statement …

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Capital punishment: how Swiss bank reforms could hit UBS

2025-06-04

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2025-06-04

Bank’s year-long tussle with government will come to a head with proposals to be unveiled on Friday. The Swiss government on Friday will lay out its long-awaited reforms to the country’s bank capital rules, and the centrepiece proposal will affect just one company: UBS. Switzerland’s Federal Council and financial regulators have been at loggerheads with …

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Ukraine’s once pioneering agriculture drone industry is hoping to return to the skies

2025-06-04

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2025-06-04

The large size of its farms and a regulatory Wild West allowed Ukraine to quickly grow into an agriculture drone powerhouse. Restrictions due to the war have killed off growth in an industry that is hoping for a renaissance once the fighting is over. In 2024, DroneUA, Ukraine’s largest importer and distributor of drones used …

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UBS economists more confident about Swiss economy in 2025

2025-06-03

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2025-06-03

UBS economists have revised upwards their estimates of Swiss gross domestic product (GDP) growth for the current year. However, they are more pessimistic for next year, due to the spectre of US tariffs. +Get the most important news from Switzerland in your inbox Experts are expecting GDP growth adjusted for sporting events to reach 1.3% …

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Swiss economy grows slightly faster in the first quarter

2025-06-02

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2025-06-02

The Swiss economy grew slightly more strongly than initially expected in the first quarter of 2025. Real gross domestic product (GDP) increased by 0.8% on an adjusted basis in the period from January to March 2025 compared to the previous quarter, as announced by the State Secretariat for Economic Affairs (Seco) on Monday. A fortnight …

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Delayed flights expected at Geneva airport due to air traffic control issue

2025-06-02

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2025-06-02

Skyguide air traffic control reduced the number of approaches at Geneva Airport by 20% on Monday as a precautionary measure for safety reasons. Delays are to be expected. This is a temporary safety measure due to a latent technical problem, Skyguide wrote in a communiqué early on Monday morning. +Get the most important news from …

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Swiss Army in Kosovo Explained: Why Are They Still There? | #switzerland #kosovo

2025-05-31

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This is episode two of our mini-series 'Swiss Eyes on the World" 🇨🇭🌍 Today, we’re looking at why Swiss soldiers are still in Kosovo – 17 years after it declared independence. --- 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 more articles, interviews and videos visit swissinfo.ch or subscribe to our...

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Bitcoin causes 98 million tonnes of CO2 per year

2025-05-31

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2025-05-31

The Bitcoin network currently has a carbon footprint more than twice as large as that of Switzerland. This is shown by figures from the crypto portal Digiconomist. +Get the most important news from Switzerland in your inbox Calculated on an annual basis, the network of the popular cryptocurrency currently generates 98 million tonnes of CO2. …

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Swiss voters to decide again on imposing ethical behaviour on companies

2025-05-27

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2025-05-27

A second Swiss "Responsible Business" initiative has attracted 287,000 signatures, nearly three times the 100,000 backers needed to trigger a nationwide vote. +Get the most important news from Switzerland in your inbox The initiative calls for Swiss corporations and their subsidiaries to respect human rights and environmental protection at home and abroad and be liable …

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Swiss exports weighed down by US tariffs

2025-05-27

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2025-05-27

Exports, the backbone of the Swiss economy, fell in April. Trade with the United States, which has introduced a range of tariffs, posted a double-digit fall. +Get the most important news from Switzerland in your inbox In seasonally adjusted terms, exports fell by 9.2% and imports by 15.6%, according to the Federal Office of Customs …

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Swiss chemical group Clariant faces fresh price fixing probe

2025-05-27

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2025-05-27

The Swiss chemicals group Clariant is facing another claim for damages in connection with alleged price fixing. +Get the most important news from Switzerland in your inbox The Austrian petrochemicals group OMV has filed a lawsuit against a total of four companies, including Clariant. OMV is claiming damages totalling around €1 billion in a court …

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Foundation stone laid for new building for biomedicine in Basel

2025-05-24

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2025-05-24

The foundation stone for the new Centre for Biomedicine building was laid on the University of Basel's Life Sciences Campus on Friday. The laboratory building, which will cost CHF365 million ($444 million), will host around 700 researchers from 2030/2031, the university announced on Friday. According to the press release, the building will bring together all …

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Court rejects Credit Suisse shareholder compensation claim

2025-05-23

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2025-05-23

The Federal Supreme Court has dismissed a couple's claim that misinformation from the Swiss state caused them to lose money on Credit Suisse shares. + Get the most important news from Switzerland in your inbox Before the collapse of Credit Suisse, the couple had bought 38,000 shares in the bank, relying on the reassuring words …

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What you need to know to get a job abroad

2025-05-20

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Emigrating from Switzerland in search of work in another country? Here is some sound advice. #switzerland #swissabroad #job #jobsearch --- 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 more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel: Website:...

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UBS deploys AI analyst clones

2025-05-20

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2025-05-20

The UBS logo in the background at the Annual General Meeting in Lucerne on April 10, 2025. Keystone / Urs Flueeler Listen to the article Listening the article Toggle...

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Switzerland’s Underground Cargo Tunnel Plan Explained!

2025-05-19

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Cargo sous terrain is a multi-billion-franc private initiative to build an underground tunnel system for transporting goods around Switzerland. But enthusiasm for the ambitious long-planned project appears to have cooled. Our short video explains where the project currently stands. #underground #switzerland #cargo #tunnel --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on...

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Activist takes on Swatch maverick as Omega empire falters

2025-05-19

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2025-05-19

Nick Hayek in March 2025. Keystone / Peter Klaunzer Listen to the article Listening the article Toggle language selector...

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Despite Trump’s bold claims, medicine prices in Europe won’t rise anytime soon

2025-05-15

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2025-05-15

The US president’s “most-favored nation” executive order signed on Monday intends to change this by tying US drug prices to those paid by other developed countries. Copyright 2025 The Associated Press. All Rights Reserved. Listen to the article...

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St Moritz most expensive Swiss address for luxury homes

2025-05-15

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2025-05-15

Luxury real estate: St. Moritz is the most expensive municipality in Switzerland Keystone-SDA Listen to the article Listening the article Toggle language selector...

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Swiss economic growth accelerated in Q1 2025

2025-05-15

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2025-05-15

Economic growth accelerates in Switzerland in early 2025 Keystone-SDA Listen to the article Listening the article Toggle language selector...

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