UBS faces tough new Swiss banking sector rules
The Swiss government on Friday (Jun 6) proposed stricter rules for UBS following its takeover of Credit Suisse, which could make it hold US$26 billion more in core capital, confirming some…
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Swiss
Sats proposes 4.2 million euro sale of 49% stake in Servair joint venture to Swiss airline caterer Gategroup
The disposal is consistent with its capital recycling and reallocation strategy, the ground handler says Ground handler Sats is proposing to divest 509,600 ordinary shares or around 49 per…
Glacier melt, driven by climate change, buries 90% of this Swiss village
Swiss residents were struggling on Thursday to absorb the scale of devastation caused by a huge chunk of glacier that has buried most of their picturesque village, in what scientists…
Swiss watch exports jump in April ahead of threatened US tariffs
Asian markets displayed further weakness, with exports to Singapore falling 9%, China off 30% and Hong Kong down 23% Swiss watch exports jumped by almost a fifth in April as…
Looming U.S. Tariffs Drove Swiss Watch Export Surge in April
PARIS – Watchmakers and retailers rushing to beat a looming, but moving, deadline for U.S. tariffs fueled timepiece exports in April. A total of 1.3 million watches with a value of 2.45…
Citigroup to partner with Swiss bourse in private markets push
Citigroup is partnering with Switzerland’s stock exchange SIX Group as part of a push by the Wall Street lender to make it easier for investors to settle and store their private…
Italian Sustainable Shoe Brand and Consultancy ACBC Sells Majority Stake to Swiss Fund
MILAN — Italian sustainable shoe brand and consultancy ACBC — known for its modular sneakers engineered with a zipper system that ties together the sole to several variants of the upper…
Swiss Watch Exports Return to Growth As China Slump Slows In March
PARIS — Is it the inflection point for Swiss watches? Exports in March grew by 1.5 percent in value to 2.1 billion Swiss francs despite a 4.8 percent slump in volume, according to figures…
Swiss Watches Exports Returned to Growth in January
PARIS – Could the Swiss watch industry’s woes be over in 2025? Export of timepieces returned to growth in January, according to figures published Thursday by the Federation of the Swiss…
Cult-favorite Swiss Skin Care Brand Alchimie Forever Wants to Raise Its Profile With First Lip Launch
Swiss skin care brand Alchimie Forever is looking to broaden its horizons. Launched in 2004 by Ada Polla, daughter of Forever Institut founder and dermatologist Dr. Luigi Polla, the…
Swiss Cabin Crew Dies After Smoke Triggers Forced Emergency Landing in Austria
On Monday, Swiss International Air Lines announced the death of a cabin crew member on a plane that had to make an emergency landing because of smoke within the aircraft. On December 23,…
Commodities firm Trafigura goes on Swiss trial over alleged bribes paid to win Angola oil contract
GENEVA (AP) — For the first time in Switzerland, a multinational company faces a criminal trial Monday on charges of bribing a foreign public official, with alleged payments totaling about…
Swiss watch exports fall again amid plummeting demand in China
SWISS watch exports fell for a second straight month in October as a sharp drop in shipments to China offset growth in the US. Exports of Swiss timepieces and watch movements declined 2.8…
Who is Beatrice Keul? Former Swiss Beauty Queen Becomes 28th Woman to Accuse Donald Trump of Groping in Explosive New Allegation
Another woman has come forward with claims of sexual misconduct against former U.S. President Donald Trump, marking the 28th allegation. Beatrice Keul, a former Miss Switzerland…
Swiss International University Announces Accreditation from ECLBS Europe, a Member of CHEA USA and INQAAHE
SIU proudly declared that it had been accredited by the European Council for Leading Business Schools, which is a very prestigious body, being a member of the Council for Higher Education…
Swiss regulator tells UBS to strengthen its crisis plans
UBS must improve its emergency plans following its takeover of Credit Suisse to ensure the bank can be wound down or sold without risking financial stability and taxpayer cash, Swiss…
Cash still king for Swiss businesses, central bank survey shows
CASH is still the most accepted payment method for Swiss businesses, the Swiss National Bank (SNB) said on Wednesday (Oct 9), despite plans by some companies to reduce their acceptance of…