Business & Finance Archives - Page 37 of 76 - The Swiss Times

Business & Finance

Zurich FDP – More unemployment benefits for entrepreneurs

People who are employed in their own company and their spouses who work with them are to be better protected against unemployment in the future.

Federal Council releases CHF 180 million for railway projects

In the future, more trains will be able to run on the SBB route between Lausanne and Bern.

Zurich Airport with 16 percent more passengers in July

As in the previous months, significantly more passengers used Zurich Airport in July than a year ago.

Labor law – ILO Director appeals to Swiss responsibility against violence

International Labor Organization (ILO) Director Gilbert Houngbo has called on Switzerland to ratify the Convention against Violence and Harassment at Work.

Street Parade attracts crowds and a big surprise guest

In midsummer weather, hundreds of thousands of people celebrated and danced at the 30th Street Parade in Zurich on Saturday.

UBS releases guarantees in connection with CS takeover

The federal government and Swiss taxpayers can breathe a sigh of relief: UBS ends all state guarantees in connection with the emergency takeover of Credit Suisse.

Zurich Insurance continued to earn well in the first half

With currency volatility, raising prices and inflation on the horizon. Zurich Insurances new strategy finds an increase in net incomes across the past year spurred by international relationships.

Insurance – Swiss Re remains on course in a favorable market environment

The reinsurer Swiss Re increased its profit significantly in the first half of the year.

Uber creates first operating profit

Uber's Journey to Profit: Turning $700M Loss into a Landmark Win in the Ride-Hailing Race.

More Swiss companies file for bankruptcy in 2023

Companies in the retail, catering, hotel and construction industries are struggling in Switzerland a new report reveals.

UBS will be busy with CS baggage for years

The “monster bank” UBS will now have to answer for everything CS screwed up in the past.

Sweet rewards: Lindt breaks $2.3B chocolate sales record

The famous Swiss chocolatier says its impressive sales is due to consumers' elevated tastes and the rising cost of its products -- a trickle-down effect of more expensive cocoa.

Bank baggage: UBS settles Archegos failure for CS

When UBS agreed to the shotgun merger with Credit Suisse, the Swiss bank also agreed to take on the failed bank's baggage -- like its $5 billion Archegos loss.

Credit Suisse: Class action lawsuit includes 1000 former shareholders

The fallout from the state-backed shotgun merger of UBS and Credit Suisse continues with a class action lawsuit made up of former CS shareholders.

UBS: Switzerland should expect weak economic growth in 2023, 2024

Rising inflation rates, skyrocketing rent prices, and a revisit to the 1980s 'horror scenario.

Nobel Prize-winning economist: UBS is too big for Switzerland

When Switzerland's second largest bank Credit Suisse nearly collapsed after years of bad investments and bad press, a state-backed merger forced Switzerland's largest bank to buy it.

The Swiss-based companies that keep trading in Russian oil

Although not explicitly sanctioned, western companies have largely diminished trading Russian oil since the outbreak of war.

UBS will let go of half of CS employees this year

One of the biggest questions in the wake of the UBS-CS shotgun merger has been how many jobs will be lost.

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