Business & Finance

No transparency on gold imports into Switzerland
The figures for Switzerland's gold imports remain secret. On Wednesday, the Federal Supreme Court rejected an appeal by the Society for Threatened Peoples (STP).
Dark clouds hover over Black Friday
Christmas treats and decorations have been on display at Swiss retailers for weeks.
Founder of South Pole and Green politician resigns
Zurich - Renat Heuberger is stepping down as head of the Zurich-based climate protection company South Pole with immediate effect.
Agreement reached over home office dispute for cross-border commuters
Switzerland and Italy have reached an agreement on the taxation of home office work.
Electric cars will no longer be tax-exempt in Switzerland from 2024
From next year, electric cars will be subject to automobile tax, just like other cars.
USA removes Switzerland from currency manipulators watch list
The US Treasury Department continues to refrain from branding Switzerland as a currency manipulator.
UBS cut around 4000 jobs in the third quarter
UBS is making progress with the integration of its former competitor Credit Suisse.
UBS/CS merger: Competition Commission comments to Finma
The Competition Commission (ComCo) has concluded its investigation into the takeover of the major bank CS by its competitor UBS.
Foreign citizens play a major role in the establishment of companies.
The number of company startups in Switzerland is steadily increasing - according to current figures, a new record is even on the horizon for 2023.
SNB changes practice on interest on sight deposits
The Swiss National Bank (SNB) is changing its practice regarding interest on so-called sight deposits.
Three quarters of Swiss satisfied with financial situation.
The vast majority of Swiss are satisfied with their financial situation. However, there are considerable differences depending on gender, level of education and income.
Cloudy Economic Outlook for Switzerland
Financial analysts are again more pessimistic about the outlook for the Swiss economy.
Credit Suisse Investigation Commission needs new members
At least two of the 14 members of the Parliamentary Investigation Commission (PUK) on the CS emergency merger were not re-elected on Sunday (22.
Agricultural insurer expects losses of 22 million francs
Insurance company Schweizer Hagel has estimated the amount of damage to agricultural crops at 22 million francs for the current year.
Employment of 400 under threat
Nearly 400 Western Swiss could lose their jobs due to the restructuring of the Post subsidiary Direct Mail Company (DMC).
Federal government lowers budget projection
The federal government is projecting a financing deficit of 1.8 billion francs for the current year.
“Cash is King” – Over 70 Percent Agree
More than 70 percent of people in Switzerland are against abolishing cash. In particular, older people and those with comparatively low incomes like to pay with notes and coins, a recent survey shows.
Job market shows small growth in third quarter
The Swiss labor market is proving robust despite challenges. In particular, demand for professionals in the machinery, electrical and metal (MEM) industries is holding up, according to the Swiss Job Market Index from staffing firm Adecco.

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