Swiss exports to Russia suspected of evading sanctions
2024-02-27
Since the beginning of the Ukraine war, Swiss exports to countries close to Russia have increased significantly – which points to a possible evasion of sanctions.
Switzerland’s marriage tax penalty back in the spotlight
2024-02-25
Married couples in Switzerland are taxed together, unlike unmarried couples who are taxed individually. This often acts as a tax disincentive for one spouse to work, disproportionately affecting women.
Glencore buys Teck’s coal assets in billion dollar deal
2023-11-14
Commodities giant Glencore is taking control of Canadian Teck’s steelmaking coal business.
Zurich Airport hits pre-pandemic traffic level in October
2023-11-14
For the first time, the same number of passengers flew through Zurich Airport in October as before the coronavirus pandemic. The number of passengers rose significantly compared to the same month last year.
No real wage growth expected in 2024: UBS survey
2023-11-08
Purchasing power in Switzerland is likely to remain under pressure next year. Companies surveyed by UBS want to pay their employees more wages for 2024, but higher salaries cannot compensate for the inflation.
Will a project to reintroduce European bison into Swiss forests work?
2023-11-04
The European bison, a species that differs slightly from its north American cousin, died out in Europe. Now it is to be reintroduced in Switzerland. Can a densely populated country tolerate such a large wild animal?
Swiss inflation returns in October
2023-11-03
Consumer prices increased by 0.1% in October 2023, reported Switzerland’s Federal Statistical Office (FSO) this week.
Credit Suisse wins London lawsuit over RMBS-linked notes
2023-11-03
Credit Suisse on Friday won a lawsuit at London’s High Court over the sale of $100 million (CHF90.47 million) of notes linked to residential mortgage-backed securities.