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08/10/2022

Uber to roll-out Swiss-wide ‘dual model’ for drivers

The ride-hailing company says it will offer drivers the possibility of remaining independent or becoming official employees of a subcontractor firm. The “dual model” will be extended gradually across the country – with the exception of Geneva – from October,…

05/09/2022

Swiss Digitals Days tackles IT talent shortage

The 2022 edition of the annual Swiss Digital Days national tour will this year attempt to foster greater enthusiasm for IT skills among school children. The IT industry and education sector has long identified a shortage of young IT talent…

05/09/2022

Credit Suisse chief faces early test in $800m Singapore trial

Ulrich Körner faces his first test as Credit Suisse chief executive as the bank goes on trial in Singapore over its past relationship with Georgia’s former prime minister Bidzina Ivanishvili. Billionaire Ivanishvili, who is Georgia’s richest person, is pursuing the Swiss…

05/09/2022

Swiss economy slows but stays in the black

Switzerland’s economic output slowed to 0.3% between April and the end of June, compared to the first quarter of the year. The manufacturing, construction, trade and financial services sectors all showed signs of weakening in the face of energy shortages…

05/09/2022

Russia’s Sberbank Switzerland changes hands to new Swiss owner

The Swiss branch of Russia’s Sberbank has been sold to the Geneva-based m3 Groupe Holding company, freeing the bank from intensive supervision by Swiss financial regulator. Sberbank Switzerland was not directly sanctioned by the European Union, but measures had been…

04/09/2022

Steel mill applies for reduced working hours due to energy costs

High energy prices have forced a steel mill in Switzerland to prepare for short-time working to avoid layoffs.    The Stahl Gerlafingen steel plant in the canton of Solothurn has been granted permission to resort to short-time working from October…

04/09/2022

Steel mill applies for reduced working hours due to energy costs

High energy prices have forced a steel mill in Switzerland to prepare for short-time working to avoid layoffs.    The Stahl Gerlafingen steel plant in the canton of Solothurn has been granted permission to resort to short-time working from October…

13/04/2022

Swiss property market faces bleak future despite record values

The Covid-19 pandemic has failed to rattle the Swiss property market. Prices for apartment buildings have hit a record high. But now the war in Ukraine and rising interest rates threaten to turn the tide. The Swiss real estate market recorded a…

09/04/2022

Caran d’Ache CEO on the brand’s commitment to ‘Swiss Made’

Caran d’Ache, a Geneva-based manufacturer of drawing and writing instruments founded in 1915, sells its products in 90 countries. Its president, Carole Hubscher, wants the family-owned company to stay put in the Swiss city. But the drastic rise in energy…

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