Category Archive: 3.) Swissinfo Business and Economy

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Auditors slam financial planning for Swiss rail projects

2026-04-21

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2026-04-21

The Swiss Federal Audit Office says poor financial planning has underestimated the projected cost of railway upgrade projects to the tune of several billion francs. +Get the most important news from Switzerland in your inbox In a report published this week, auditors highlight shortcomings in financial forecasting and the quality of data. Given the scale …

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‘Kiss of death’: how the US killed a Swiss merchant bank

2026-04-21

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2026-04-21

Michael Bär has long said banking is in his genes. A great-grandson of Julius Baer’s founder, he grew up during the heyday of Swiss private banking, when secrecy and security drew in the world’s wealthy – including those with nefarious motives for avoiding scrutiny. The business he launched in 2018 was pitched as an alternative … Continue...

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‘Laboratory for local journalism’ launches in Switzerland

2026-04-20

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2026-04-20

A new smartphone media service, Yverdon.express, has launched in Switzerland as a "laboratory for local journalism". +Get the most important news from Switzerland in your inbox The media outlet launched a three month test phase in the French-speaking Yverdon-les-Bains region. The Yverdon.express aims to be a "complement" to the existing media offering. + Swiss lawmakers …

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‘No to ten million’ vote – should Switzerland cap its population?

2026-04-20

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On June 14, Swiss voters will head to the polls to decide on the “No to ten million” initiative, which seeks to cap immigration. What impact would such a restriction have on the country? --- 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...

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Swiss police must disclose offenders’ nationality

2026-04-20

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Should the police disclose the nationalities of those arrested, suspect, perpetrators, and victims? --- 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.

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Indirect CO2 emissions achilles heel of large Swiss firms

2026-04-20

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2026-04-20

Leading Swiss companies have not made much progress in reducing greenhouse gas emissions by 2025, according to news agency Awp. +Get the most important news from Switzerland in your inbox This is the result of Awp analysis of sustainability data, which examined the available environmental balance sheets published by the 20 companies included in the …

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Swissgrid reports lower 2025 profit and invests in grids

2026-04-20

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2026-04-20

In the 2025 financial year, the national grid company Switzerland's national electricity infrastructure operator Swissgrid saw profits fall by CHF12 million in 2025 compared to the previous year. The company invested CHF281.2 million to expand the transmission grid. +Get the most important news from Switzerland in your inbox Swissgrid's 2025 profit totalled CHF91.7 million. In …

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‘AI will bring huge productivity improvements’: Swiss Re CEO

2026-04-20

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2026-04-20

Swiss Re CEO Andreas Berger has told the NZZ am Sonntag newspaper that artificial intelligence (AI) will radically change the nature of work. +Get the most important news from Switzerland in your inbox "Thanks to AI agents we will see productivity improvements such as we have not seen in decades," the head of the Swiss …

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Why Merantix founder Adrian Locher chose Berlin over Zurich for his AI start-up

2026-04-18

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2026-04-18

Ten years ago, Adrian Locher from Bern set out to find the ideal location to develop an AI ecosystem – and ultimately chose Germany over Switzerland. A deep pool of international talent, easier hiring and the opportunity to build something new in Europe proved decisive. Near Berlin’s Nordbahnhof train station, a sleek new building hosts …

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Millions of dollars linked to Magnitsky fraud case leave Switzerland  

2026-04-18

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2026-04-18

A Russian citizen who held funds in Switzerland linked to a global tax fraud case wired at least CHF6 million from his UBS accounts. Our investigation shows a recent Swiss Federal Court ruling could have led to the confiscation of some of those funds. On February 12, Denis Katsyv, a Russian citizen tied to a …

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Eierläset: when spring triumphs over winter in Swiss villages

2026-04-17

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When spring is just around the corner, winter is driven away in many places around the world. In northwestern Switzerland a special custom is practised: the Eierläset. Eggs take centre stage, but every village celebrates this ancient fertility custom a little differently: from sporty to very boisterous. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a...

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Swiss airline Edelweiss cancels US and Oman flights as oil prices rise

2026-04-16

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2026-04-16

Swiss airline Edelweiss has cancelled some routes to the United States and Oman due to reduced passenger demand and rising fuel prices, aggravated by the geopolitical situation. +Get the most important news from Switzerland in your inbox In a statement issued today, the Swiss holiday airline explains that the adjustment particularly affects the connections to North America in the summer schedule.

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Swiss sustainable finance initiative submitted

2026-04-16

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2026-04-16

A Swiss popular initiative demanding a more sustainable financial centre has been submitted with over 145,000 signatures. +Get the most important news from Switzerland in your inbox The banks and other financial actors must take more responsibility for climate and nature protection, according to an alliance of politicians, business people and NGOs behind the initiative. …

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Switzerland to open more train services to south of France

2026-04-16

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2026-04-16

For the summer, Swiss Federal Railways will offer further direct services to European destinations such as Rimini, Aix-en-Provence and Marseille. +Get the most important news from Switzerland in your inbox Passengers will have to be patient, however, as works are expected to disrupt some services. Direct TGV services will run from Thursday to Monday to …

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Zurich airport begins work on new private jet terminal

2026-04-16

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2026-04-16

Zurich airport has officially started construction work on a new terminal for private and business flights. +Get the most important news from Switzerland in your inbox The project, which utilises the western area of the airport, includes hangar, apron, parking and office space. The total cost is around CHF100 million. The terminal will be built …

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Swiss organisation wins award for tracking data centre pollution

2026-04-16

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2026-04-16

The impact of data centres on the environment and the climate is hard to measure. The Swiss Datacenter Efficiency Association has recently won international recognition for a tool that assesses the facilities’ footprints. Any activity that uses the internet – working from home with a computer, paying for dinner with a credit card, or generating …

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Afghanistan’s Taliban tap Swiss, other travellers for flyover fees

2026-04-16

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2026-04-16

The Taliban are experiencing a windfall by collecting fees from passengers flying over Afghanistan. The move is bringing in tens of millions of dollars, including from Swiss travellers, without providing any service in return. Adapted routes Many more aircraft are currently flying over Afghanistan than before the Iran war. It is estimated that there are …

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AI armageddon, NATO alliance wobbles and SpaceX going public

2026-04-15

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2026-04-15

The latest threat of AI apocalypse has inspired a mixture of dread and doubt in the Swiss press. But the antics of mega-US companies might also serve as inspiration for others. Welcome to our press review of events in the United States. Every Wednesday we look at how the Swiss media have reported and reacted … Continue...

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Novartis CEO joins Anthropic’s board of directors

2026-04-15

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2026-04-15

Anthropic has appointed Vasant Narasimhan, current CEO of Swiss pharma giant Novartis, as a member of its independent board of directors. The structure now has seven members, the US.-based AI company said. +Get the most important news from Switzerland in your inbox The appointment was made in accordance with Anthropic's specific governance structure, the Long-Term …

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UBS CEO: Integration is complete but next transformation underway

2026-04-15

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2026-04-15

According to Group CEO Sergio Ermotti, the Swiss bank UBS is making good progress integrating Credit Suisse, which was acquired three years ago. At the same time, management is working on preparing the bank for the coming decade. +Get the most important news from Switzerland in your inbox "2025 was another very good year for …

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