Business
Latest news and need-to-know information on business, businesses, investment, mergers & acquisitions, stock market and more.
'Problematic': Number of foreign bosses in Switzerland reaches record high
The percentage of foreign executives working at Switzerland's largest companies has reached an historic high this year, according to a new report.
Geneva watch show opens in throes of Swiss banking turmoil
The Geneva watch fair opened this week buoyed by booming growth in the watchmaking industry, but insiders warily eyed the banking sector turmoil, evoking painful memories of the 2008 financial crisis.
Swiss regulator vows to hold Credit Suisse bosses to account after its emergency takeover
Swiss financial regulator Finma is probing how to hold bosses at Credit Suisse to account following its emergency takeover by rival UBS, a media report said on Sunday.
Swiss media stories among targets of 'digital hitman' company
Some articles published online by Swiss media outlets, including the SBC and 24 Heures, have been deleted or made invisible by Eliminalia, a Swiss-based e-reputation company that provides its services to criminals and corrupt politicians, a disinformation investigation has found.
These 10 facts prove London is still open for business
London has been a global nerve centre for nearly 2000 years and has no plans to abdicate now.
Clock ticking on Swiss watches' raw materials from Russia
Diamonds shine brightly at this year's Geneva watch fair but the sanctions slapped on Russia could soon force the Swiss watch industry to produce more subdued designs.
Neutral Switzerland's economy shaken by sanctions on Russia
Switzerland's newly adopted tough stance on Russia has forced the Swiss economy to readjust to sanctions, blowing a wind of panic through the raw materials market in particular.
Switzerland's Credit Suisse settles with star banker over spying scandal
Credit Suisse reached an out-of-court settlement with former star wealth manager Iqbal Khan over a spying scandal that cost the scalp of the then-chief executive, Switzerland's second-biggest bank said Sunday.
Are companies in Switzerland in good shape to survive impact of pandemic?
Most Swiss businesses are optimistic about their prospects for 2021, a survey published by banking giant HSBC concluded, suggesting the country might not be hit has hard by the Covid-19 pandemic as elsewhere.
Denmark advises against travel to Switzerland and three other countries
The Danish Ministry of Foreign Affairs is now advising against all non-essential travel to Switzerland, the Netherlands, Portugal and Austria.
Minimum wage in Switzerland: What you need to know
Feeling the pinch in Switzerland? Here’s what Swiss law says about minimum wage.
Why Switzerland ranks 'third-best country in Europe' for starting a business
In a new study ranking the best European countries for startups in 2020, Switzerland came in the third place, after Germany and the UK.
Coronavirus in Switzerland: How to support small businesses
Small and medium-sized business in Switzerland have felt the heaviest brunt of the coronavirus. A number of platforms have since emerged to help out.
Switzerland: How can artists and musicians apply for coronavirus assistance?
As part of its coronavirus stimulus package, the Swiss government has made money available for people working in the arts and cultural sectors. Here’s how much is available - and how to apply.
Switzerland doubles emergency coronavirus loan fund for small businesses
Switzerland has doubled the money made available in a loan fund for small-to-medium enterprises (SMEs) negatively affected by the economic fallout caused by the coronavirus.
Who can apply for coronavirus financial assistance in Switzerland?
Switzerland has made billions of francs available for those hit hard by the economic impacts of the coronavirus. Here's everything you need to know about who can apply.
Swiss coffee prices drop for the first time ever
The cost of a cup of coffee in Switzerland has dropped for the first time - although not everyone in the country is set to benefit.
Swiss giants Roche to buy US gene therapy group Spark for $4.3 billion
Swiss pharmaceutical giant Roche has announced that it has reached a $4.3 billion deal to acquire Spark Therapeutics, a US group specializing in the development of gene therapy drugs.
Zurich property prices have almost doubled since 2007
A new report shows the increase in the cost of buying apartments in Switzerland over the last 11 years, with the country’s largest city affected by the largest increases.
WEF slams 'misuse' of Swiss resort name for conference
The World Economic Forum, host of an annual gathering of political and business elites at Davos, has slammed the "misuse" of the Swiss ski resort's name in reports on an investment conference in Riyadh.
Making up for lost time: Swatch announces record sales
Swatch, the world's top watchmaker, on Wednesday July 18th announced an all-time record in half-year sales, saying it has millennials to thank for bringing wristwatches back.
Study: Switzerland is world leader in attracting and retaining top talent
Switzerland remains the best country in the world at attracting, recruiting and retaining top talent, according to a study.
UBS boss warns technology could replace 30 percent of workforce
Swiss banking giant UBS could shed a third of its staff over the next decade as dramatic technological changes help it streamline operations, its chief told Bloomberg in an interview published on Tuesday.