News

Lucerne Civil Defense Get a New Training Centre
Lucerne Civil Defense's training center in Sempach, operational since 1971, is slated for a partial rebuild and renovation, with a budget of CHF 37.
Lufthansa Strike, Cancelled Flights: The Impact on Swiss Air Travel
A major strike by Lufthansa's ground staff disrupts flight schedules, heavily affecting hubs in Frankfurt and Munich.
Unemployment Switzerland: A Noticeable Spike in January Figures
Unemployment Switzerland sees a significant uptick in January, with the rate reaching 2.
Fribourg Cantonal Hospital Receives 175M CHF from the State
The Fribourg Cantonal Hospital is set for a financial revival with a 175 million francs boost from the state, marking a significant step towards addressing its prolonged financial woes.
Swiss Satellite Companies Helped Italian Property Empire Evade Taxes
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.
Ski Tourist Killed in a Fall in Valais
Tragedy in the Alps: A Reminder of Nature's Unpredictable Might A 39-year-old ski tourer had a fatal accident on Monday in the Valais region of Van d'en Haut in the municipality of Salvan.
UBS Cut Over 4000 Jobs in Q4
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
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
Implenia secures over 110 million CHF in infrastructure and development projects in Switzerland and Germany, reinforcing its leadership in sustainable construction and renovation.
Easyjet Plane Flies too Low in Geneva
An Easyjet Airbus A320 Neo dangerously flew too low over Lake Geneva, prompting an investigation and temporary suspension of its pilots.
UBS Posts Fourth Quarter Loss of $279 Million
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
Lufthansa Faces Major Disruption as Verdi Union Calls for Strike, Exempting Swiss Flights.
Swisscom Buy 1200 Electric Vehicles
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
Volker Reinthaler Steps Up as Axa Switzerland's New CFO: A Seamless Transition from Risk to Finance.
Major Towing Operation on the Olten-Bern Railroad Line
Freight Train Fault Clears, Rail Service Restored. Olten-Bern Line Back on Track After Morning Disruption.
Fewer Mergers and Acquisitions Last Year
Swiss M&A Activity Dips in Uncertain Times. Interest Rates and Economic Woes Impact Deals.
Collapsed Tunnel in Riddes (VS) Must be Secured
Tunnel Collapse Spurs Immediate Action. Safety Measures and Repairs Underway. Riddes-La Tzoumaz Route Sees Extensive Work Ahead.
SoftwareOne Founding Shareholders Want to Push Through Sale of the Company
SoftwareOne's Founders Seek Control, Eyeing Private Growth. The battle for the future of IT service provider SoftwareOne is entering the next round.

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