UBS job layoffs expected in second half of year
2026-02-04
The next wave of job cuts at Swiss bank UBS will start in the coming months, with the bulk of the redundancies in Switzerland taking place in the second half of the year and in early 2027. +Get the most important news from Switzerland in your inbox This was indicated today by CEO Sergio Ermotti …
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Zurich plans hub for sustainable transport routes
2026-02-02
The Swiss city of Zurich plans to become a hub for night trains and buses to encourage more environmentally-friendly travel through to Europe. +Get the most important news from Switzerland in your inbox The proposal follows a study by the city of Zurich and Zurich Tourism. The latest climate protection report published by Zurich in …
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Swiss authorities raise 2026 economic growth forecast
2025-12-15
Switzerland’s State Secretariat for Economic Affairs (SECO) has slightly raised its 2026 economic growth forecast following the recent agreement to lower US import tariffs on Swiss products. + Get the most important news from Switzerland in your inbox Swiss gross domestic product (GDP) is expected to rise by 1.4% this year and 1.1% in 2026, …
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Swiss Post expects a ‘significant’ decline in profits
2025-10-26
According to interim CEO Alex Glanzmann, Swiss Post is expecting a significant drop in profits compared to last year. + Get the most important news from Switzerland in your inbox “We are expecting a low three-digit million figure”, said Glanzmann in an interview with Swiss German-language newspaper SonntagsBlick. Swiss Post generated a Group profit of …
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Swiss logistics group Kuehne+Nagel to cut up to 1,500 jobs
2025-10-23
Swiss logistics group Kühne+Nagel is launching a cost-cutting program, which will slash 1,000 to 1,500 full-time positions, following a slump in profits. +Get the most important news from Switzerland in your inbox Turnover fell by 7% to CHF6.04 billion. Gross profit adjusted for volatile freight tariffs fell by 4% to CHF2.11 billion. As a result, …
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France’s wealthy shift funds to Luxembourg and Switzerland
2025-10-20
Political turmoil and tax threats have accelerated investment flows to havens, asset managers say. French entrepreneurs and wealthy families nervous about political turmoil at home are investing record amounts in Luxembourg-based annuities and shifting other funds to perceived havens such as Switzerland. Wealth managers, bankers and lawyers said the flow of personal investments out of …
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