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the swiss times

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Migros Zurich reorganizes its German subsidiary Tegut
November 14, 2024
Migros Zurich is cutting costs at its loss-making German subsidiary Tegut. It is selling every tenth branch, cutting 120 full-time jobs and making new appointments to the management team.
No new Marburg cases in Rwanda for two weeks
November 14, 2024
In Rwanda, there is growing hope that the Marburg virus outbreak is coming to an end.
Switzerland remains an attractive location for global entrepreneurs
November 14, 2024
Switzerland remains one of the world's most attractive locations for internationally active entrepreneurs.
Migros Zurich reorganizes German subsidiary Tegut
November 14, 2024
The Migros Cooperative Zurich has decided on extensive restructuring measures for its German subsidiary Tegut.
Swiss customs frequently intercepts medicines and weapons from parcels
November 14, 2024
Swiss citizens often order illegal products when shopping online abroad. Customs carried out a major inspection in the Zurich area and seized heaps of medicines, counterfeit brands and weapons.
Public prosecutor files charges for murder of cab driver in Basel
November 14, 2024
The Basel-Stadt public prosecutor's office is bringing murder charges against a 53-year-old man.
Swiss parahotel industry with cloudy summer season
November 14, 2024
The Swiss parahotel industry has had a mixed summer. This is because more locals traveled abroad and the wet weather had a negative impact on bookings.
More pay for butcher’s shop employees
November 14, 2024
The social partners in the Swiss butchery industry have agreed on wage increases.
Denner increases wages and extends maternity leave
November 14, 2024
The Swiss retailer Denner is planning various improvements for its employees in the coming year.
Fenaco increases payroll by 1.2 percent as of 2025
November 14, 2024
The Fenaco cooperative is increasing wages for the coming year. However, the Syna and Unia trade unions do not think the pay rises go far enough.
Orascom DH in the red after nine months despite higher revenue
November 14, 2024
The real estate developer and hotel operator Orascom DH generated higher revenue in the first nine months of 2024.
Lindt & Sprüngli brings hype chocolate to Switzerland
November 14, 2024
The sale of Lindt's limited-edition Dubai chocolate triggered a veritable run on the stores in Germany.
Number of people in employment rises – unemployment rate significantly higher
November 14, 2024
Mixed signals are coming from the Swiss labor market. The number of people in employment rose again slightly in the third quarter of 2024.
Swiss consumer spending above previous year’s level in October
November 14, 2024
Consumption in Switzerland continued to develop positively in October. However, the recovery in the Postfinance consumption indicator is only based on certain areas of consumption.
Kunstmuseum Basel compensates heirs of a Jewish art collector
November 14, 2024
The Kunstmuseum Basel is compensating the heiresses of a Jewish collector for a painting by Camille Pissarro that was sold in distress in 1933.
Swiss Life grows in the first nine months
November 14, 2024
Swiss Life continues to grow. In the first nine months of the current year, the financial group increased both its premium volume and fee income in line with expectations.
Swiss Re with profit slump in summer quarter
November 14, 2024
Swiss Re suffered a slump in profits in the summer quarter. The US liability business is to blame, which put a big dent in the second-largest reinsurer in the world.
Kuehne+Nagel acquires majority stake in IMC Logistics in the USA
November 14, 2024
Kuehne+Nagel has acquired a majority stake in the US company IMC Logistics. The Schwyz-based logistics group acquires 51 percent of the shares in the privately held US service provider for intermodal inland logistics.

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