the swiss times
en_GB English
en_GB English de_DE German fr_FR French es_ES Spanish ar Arabic
the swiss times

Business & Finance

Swisscom CEO Does Not Comment on Vodafone Rumors
8 February 2024
Amid challenges in the Swiss telecom sector, Swisscom shifts focus to Italy's energy market, with CEO Christoph Aeschlimann steering clear of acquisition rumors.
Bank Vontobel Cuts Jobs After Profit Decline
8 February 2024
Bank Vontobel embarks on a CHF 100 million cost reduction strategy, including job cuts, in response to a 2023 profit downturn.
Low Automation Risk for Jobs in Switzerland
8 February 2024
A Federal Statistical Office survey in Switzerland reveals only 1% of the workforce faces high automation risk due to routine tasks and low autonomy, showcasing Switzerland's low risk compared to Europe.
Aargau Slaughterhouse Shuts Down
7 February 2024
Aargau slaughterhouse O. Braunwalder in Wohlen AG ceases operations due to worker shortage, soaring energy costs, and market pressures.
Unemployment Switzerland: A Noticeable Spike in January Figures
7 February 2024
Unemployment Switzerland sees a significant uptick in January, with the rate reaching 2.
Swiss Satellite Companies Helped Italian Property Empire Evade Taxes
6 February 2024
A 70-year-old man has had his assets seized after Pavia's Financial Police discovered a coordinated ring of accomplices, assets and Swiss shell companies.
UBS Cut Over 4000 Jobs in Q4
6 February 2024
UBS significantly reduced its global workforce in Q4 2023, with a total reduction of 4,336 employees, bringing the count to 138,462.
Swiss Insurance Industry Increases Premium Volume
6 February 2024
Swiss insurance industry thrives in 2023, with growth across non-life and individual life segments, despite a dip in group life insurance due to a shift towards semi-autonomous solutions.
Implenia Get Purchase Worth Over 110 Million CHF
6 February 2024
Implenia secures over 110 million CHF in infrastructure and development projects in Switzerland and Germany, reinforcing its leadership in sustainable construction and renovation.
UBS Posts Fourth Quarter Loss of $279 Million
6 February 2024
UBS reports a Q4 2023 loss but plans to increase dividends and resume share buybacks, signaling confidence despite integration challenges post-Credit Suisse acquisition.
Swiss Probably Not Affected by Lufthansa Warning Strike
5 February 2024
Lufthansa Faces Major Disruption as Verdi Union Calls for Strike, Exempting Swiss Flights.
Swisscom Buy 1200 Electric Vehicles
5 February 2024
Swisscom embarks on a green journey, transitioning over 1200 vehicles to electric by 2030 to cut CO2 emissions.
Axa Switzerland Appoints Volker Reinthaler as CFO
5 February 2024
Volker Reinthaler Steps Up as Axa Switzerland's New CFO: A Seamless Transition from Risk to Finance.
Fewer Mergers and Acquisitions Last Year
5 February 2024
Swiss M&A Activity Dips in Uncertain Times. Interest Rates and Economic Woes Impact Deals.
SoftwareOne Founding Shareholders Want to Push Through Sale of the Company
5 February 2024
SoftwareOne's Founders Seek Control, Eyeing Private Growth. The battle for the future of IT service provider SoftwareOne is entering the next round.
Migros Jobs
Migros Jobs: Major Cuts and Division Sales
2 February 2024
Migros announces sweeping changes, selling divisions like Hotelplan and Mibelle, and slashing 1,500 jobs, aiming to refocus on core retail, financial, and healthcare services.
Novartis Must Pay up to 12.5 Million CHF to Victims
2 February 2024
Novartis Victims offered CHF 4 million after Münsterlingen's drug trials, with up to 500 eligible for compensation.
Signa Development’s 300 Million Euro Mystery Linked to René Benko
1 February 2024
Questions arise over 300 million euros allegedly transferred to companies associated with René Benko before Signa Development's insolvency.

Related Stories

Stay in Touch

Noteworthy

the swiss times
A production of UltraSwiss AG, 6340 Baar, Switzerland

Quick Links

Home Privacy GTC Contact Us About Us
Copyright © 2024 UltraSwiss AG 2024 All rights reserved