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Business & Finance

Signa have Huge Swiss Debt: €101M Owed to Migros
16 January 2024
Signa's Financial Struggle: Swiss Creditors Face Millions in Unsettled Debts The collapsed Austrian real estate group Signa owes large sums to several Swiss banks and companies.
bitcoin suisse
Bitcoin Suisse Changes Mark a New Era in Crypto
16 January 2024
Bitcoin Suisse: Navigating New Horizons with Leadership Change and Strategic Shift There will be a change at the head of the crypto company Bitcoin Suisse.
5 Billion Sales for Lindt & Sprüngli Looking to the New Year
16 January 2024
Sweet Triumph: Lindt & Sprüngli's Record-Breaking Year of Resilience and Growth ©Keystone/SDA (WALTER BIERI) In 2023, Lindt & Sprüngli, the renowned chocolate manufacturer, achieved a significant milestone by exceeding CHF 5 billion in sales.
Swiss Companies Fear Hackers
16 January 2024
Unmasking the Cyber Threat: Navigating the New Era of Digital Danger Cyber Threats to Switzerland at Forefront In the latest edition of the annual international "Risk Barometer" from Allianz Commercial, cyber attacks have been identified as the top risk for companies globally, with Switzerland being no exception.
Swissprinters Plant in Zofingen Outsourced
15 January 2024
End of an Era: Swissprinters to Shut Down Zofingen Plant Amid Economic Pressures The Swissprinters printing plant in Zofingen AG is planning to cease operations at the end of September this year.
Economists Slam SNB for Not Paying Cantons
15 January 2024
Swiss National Bank Under Fire: Economists Challenge Profit Distribution Policy The trio of economists Stefan Gerlach, Yvan Lengwiler and Charles Wyplosz have criticized the Swiss National Bank (SNB) for failing to distribute profits to the cantons and the Confederation for the second time in a row.
Migros Zurich
Migros Zurich Increase Sales into 2024
10 January 2024
Migros Zurich: Thriving Amid Challenges Impressive Sales Surge Migros Zurich: A Year of Robust Sales Performance In a year marked by economic challenges, Migros Cooperative Zurich (GMZ) has emerged stronger, posting a significant sales increase.
Sika Aktie
Sika Atkie: Strength and Growth in 2024
10 January 2024
Sika Atkie leads the Market with transformative MBCC acquisition Sika Aktie Strategic Leap in 2023 The 2023 financial year marked a period of substantial growth for Sika, a renowned Swiss chemical company specializing in construction chemicals.
Swiss Unemployment
Swiss Unemployment: Trends for 2024, Year in Review
9 January 2024
Navigating Economic Shifts in Switzerland Swiss Unemployment Rate Sees Slight Increase Amidst Long-Term Low Yearly Average at Historic Low: For the year 2023, the average unemployment rate was at its lowest since 2001, recorded at 2.
Swiss National Bank
Swiss National Bank: 3 Billion Franc Loss
9 January 2024
Navigating Financial Challenges: SNB's 2023 Fiscal Year in Review Swiss National Bank Financial Performance The Swiss National Bank, Zurich based firm, faced significant financial challenges in 2023.
Inflation in Switzerland Rises Sharply in December
8 January 2024
Inflation in Switzerland experienced a significant uptick, marking a notable shift in the country's economic landscape.
Starbucks in Switzerland: 30 New Locations Coming in 2024
8 January 2024
Starbucks' Swiss Expansion: Brewing New Experiences Across the Nation While the price of Starbucks in Switzerland is quiet high at around $10 per drink.
Microsoft Switzerland
Microsoft Switzerland: Promising Future amid Regulations
7 January 2024
Microsoft Switzerland: A Hub for AI Advancement Switzerland is emerging as a leader in artificial intelligence (AI), a trend strongly endorsed by Catrin Hinkel, the head of Microsoft Switzerland.
Novartis China
Novartis China: Biotech Kidney Acquisition
5 January 2024
Novartis in China. The Swiss based pharmaceutical group, a company who just made the top 3 Company Rich List for Switzerland, is acquiring the start-up company Sanreno in China.
Novartis New Gene Therapy Billion Dollar Deal
2 January 2024
Novartis new gene therapy deal is potentially worth billions of dollars. The new deal involves acquiring rights to a therapy created by Voyager.
BVZ Railroads Break New Customer Highs
1 January 2024
BVZ railroad companies hits a new record this year: the Matterhorn Gotthard Railway and the Gornergrat Bahn are expected to carry more passengers than ever before in 2023.
Roche Acquires Diagnostic Platform LumiraDx
30 December 2023
The pharmaceutical company Roche is strengthening its diagnostics division with an acquisition.
Fake Swiss Watch War: 62,000 Confiscated in Turkey
26 December 2023
Fake Swiss watches have been a problem for as long as Switzerland has made great watches.

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