Switzerland's top mobile provider Swisscom reported on Wednesday that net profit fell by 3.8 percent to 456 million francs (€379.5 million, $499.7 million) in the first quarter.
Swiss banking giant UBS reported that net profit slid by 54 percent to 827 million Swiss francs (€688 million, $910 million) in the first quarter of 2012, sharply below expectations, in a statement on Wednesday.
A May Day rally in Zurich turned violent on Tuesday as a group of youths set fire to rubbish bins and pelted police with bottles and stones, drawing teargas and water-cannon fire in response.
Swiss experts have warned that a bear that first appeared in the Lower Engadine region, may become more dangerous after it was hit by train on Monday evening travelling from Scuol to Samedan.
The number of Swiss people who are scared of flying is so high that coaching sessions are booked out and new clinics are opening has opened to meet the need for therapy.
Super-yacht PlanetSolar, brainchild of a Swiss eco-adventurer, has completed the first ever round-the-world trip to be powered entirely by the sun's rays.