Swiss multinationals create more jobs than foreign firms
2025-11-27
In 2024, large Swiss corporations generated more jobs than foreign corporate groups. However, the majority of turnover is still generated by groups from abroad. + Get the most important news from Switzerland in your inbox This is the conclusion of an analysis published on Thursday by the Federal Statistical Office (FSO). According to this, around …
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Swiss government to take control of military tech firm RUAG MRO
2025-11-26
The Swiss government decided on Wednesday to take control of the Swiss military technology firm RUAG MRO. The company will be made into a public limited company governed by a special law. Consultation on the change is open until March 23. + Get the most important news from Switzerland in your inbox The government will …
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Swiss business associations call for less red tape
2025-11-24
Swiss companies could save CHF30 billion ($37 billion) a year by reducing bureaucracy, according to leading business associations. +Get the most important news from Switzerland in your inbox Excessive regulations and high costs for bureaucracy are a burden on businesses and inhibit growth, declared economiesuisse, the Swiss Union of Arts and Crafts, the Swiss Employers’ …
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SWISS ‘eyes cheaper Indian flight crews’
2025-10-03
Swiss International Air Lines is looking to hire Indian cabin crews to the Canadian city of Montreal, with the aim of reducing costs. +Get the most important news from Switzerland in your inbox Their salaries amount to CHF580-950 per month, CH Media newspapers reported, citing sources within the company. “We are constantly evaluating different options …
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Switzerland hit by highest US tariffs in Europe, hereditary citizenship and anti-slavery statue
2025-08-08
How did Switzerland go from trying to negotiate a 10% tariff deal with the US to ending up with the highest tariffs in Europe? Why was an Austrian denied “hereditary citizenship”? And who stole an anti-slavery statue?
Here are three stories from Switzerland this week.
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Swisscom sees profit decline as Vodafone Italia integration drags on
2025-08-07
Profits fell in the first half of the year for Swisscom. On the back of the costs of the Vodafone Italia integration, the telecoms provider posted a net profit of CHF625 million ($773 million), 25% lower than in the same period last year. +Get the most important news from Switzerland in your inbox Thanks to …
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One in three new vehicles in Switzerland are plug-ins
2025-08-05
The Swiss car market grew in July, thanks to a carryover of registrations from June. Since the start of the year, the decline has been close to 5%. +Get the most important news from Switzerland in your inbox During the month under review, 19,629 passenger cars were registered in Switzerland and the Principality of Liechtenstein, …
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UBS settles Credit Suisse legacy case in the US
2025-08-04
UBS has reached an agreement in the US with the US Department of Justice (DOJ) for another Credit Suisse legacy issue. As part of the settlement concerning so-called mortgage-backed securities, UBS will pay $300 million (CHF242 million), as announced on Monday. +Get the most important news from Switzerland in your inbox The mortgages in question …
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