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Business & Finance

Swiss Retail Sector Sees Mixed Performance in Q1 2024

Amid cautious consumer behaviour, the Swiss retail sector shows growth in the food segment but decline in non-food categories.

Is Swiss Labour Day Here To Stay? May 1st

As the Swiss Young Finns campaign to abolish May 1st as a public holiday citing economic losses, trade union Syna launches a petition to make it a national day off, spotlighting workers' rights.

Stahl Gerlafingen to Close Production Line

Stahl Gerlafingen announces the closure of the Profilstrasse production line by end of May 2024.

Bolt Launches In Zurich: Cheaper Taxis

Bolt enters the Zurich ride-hailing market, promising affordable rates and better earnings for licensed drivers, challenging established competitors like Uber.

Swiss Labour Market Takes A Hit In Q1

The Swiss labor market has shown signs of contraction in the early months of 2024, with both temporary and permanent job sectors experiencing declines.

L’Occitane Looks To Go Private: BlackStone Deal

L’Occitane International S.A. prepares to go private with an offer from controlling shareholder at a significant premium.

Karin Keller-Sutter Repeats Calls For UBS To Hold More In Reserve

Federal Councillor Karin Keller-Sutter emphasises the need for banks to boost equity, enhancing stability and reducing taxpayer burdens.

Vaudoise Acquires Prevanto: Pension Fund

Vaudoise secures 100% of Prevanto, enhancing its market leadership. KEYSTONE/Christian Beutler The insurer Vaudoise is taking over Prevanto, thereby expanding its position in pension fund consulting.

Logitech’s Start to the Year: Mixed Reviews

Logitech faces mixed financial fortunes: declining annual sales but rising profits and a strong quarterly comeback.

Chemical Spill in Basel: Criminal Investigation to Follow

Basel's prosecutor's office launches a criminal investigation following a chemical spill at Cabb.

Swiss Chinese Syngenta Group: Q1 Sales Down 20%

Syngenta Group sees a sharp downturn across all sectors, with a notable 20% drop in Q1 sales.

Switzerland’s Investment Outlook: Kearney Study

Amidst global uncertainties, Swiss investors display strong confidence in artificial intelligence and foreign direct investment opportunities.

Sunday, April 28th: In The News Today

The Sust investigative body is overloaded and the trade association is showing moderation: this and more can be found in the Sunday newspapers.

Fitch Gives Switzerland An ‘AAA’ Rating For Stability

Switzerland's economic stability shines as Fitch reaffirms its AAA rating. Keystone/EPA/JUSTIN LANE The US rating agency Fitch has maintained its top rating for Switzerland's creditworthiness.

Baloise Shareholders Abolish Voting Restrictions

Baloise shareholders have voted to remove voting and registration restrictions. KEYSTONE/Christian Beutler Voting and registration restrictions are to be abolished at insurer Baloise.

SNB Chairman Jordan: “Uncertainty is Elevated”

Chairman Thomas J. Jordan reviews the SNB's proactive measures to combat inflation and stabilise the economy during turbulent times.

The SNB & Holcim Targeted By Climate Protestors

Climate activists intensify their protests at key Swiss events, targeting the National Bank's investments and Holcim's environmental practices.

Real Estate Construction To Return In the Medium Term: Study Finds

While rising interest rates have initially dampened construction activity in Switzerland, medium-term prospects appear brighter due to economic adjustments.

Related Stories

Fitch Gives Switzerland An ‘AAA’ Rating For Stability

28 April 2024

Fitch maintains Switzerland's top AAA credit rating, emphasising our strong economy....

Fire Burns Commercial & Residential Property In Valais

1 May 2024

Vionnaz fire: Building housing stores and apartments destroyed, emergency teams and detours in place on cantonal road....

Swiss Retail Sector Sees Mixed Performance in Q1 2024

1 May 2024

The Swiss retail sector reported a 1.7% increase in sales in Q1 2024, with food sales up 4.2% and non-food sales down...

Bolt Launches In Zurich: Cheaper Taxis

30 April 2024

Bolt launches a new ride-hailing service in Zurich, offering lower prices and flexible opportunities for licensed...

Is Swiss Labour Day Here To Stay? May 1st

1 May 2024

Intense debate in Switzerland as Young Finns seek to cancel May 1st holiday, while Syna pushes for national recognition...

CHF 15bn Swiss Army & Ukraine Aid Package Meets Resistance

26 April 2024

A Swiss Council of States committee's plan to merge army funding with aid for Ukraine into a CHF 15 billion package...

Unknown Person Sued For Election Fraud in Ticino

25 April 2024

In response to manipulated ballots in Ticino's municipal elections, Arbedo-Castione has sued unknown persons, citing...

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Noteworthy

Zurich Flixbus Crash: Driver In Court, Facing Manslaughter

Zurich Flixbus Crash: Driver In Court, Facing Manslaughter

Vaudoise Acquires Prevanto: Pension Fund

Vaudoise Acquires Prevanto: Pension Fund

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