The Swiss Times - Swiss News in English

Swiss Banking Job Market Shows Decline

Swiss banks job vacancies drop 18% to 730, marking a post-merger low. Credit Suisse sees a dramatic 70% decline.

Level Crossing In AG Leaves A Women Dead: Looking For Witnesses

A 76-year-old woman died after being hit by a train at a crossing in Gränichen AG, with investigations ongoing to determine the full circumstances.

Shareholders’ Association Critique UBS & the CEO

At the UBS AGM, shareholder groups express strong opposition to CEO Sergio Ermotti's remuneration.

Former Federal Councillor Joseph Deiss: 1992 EEA Rejection Was a ‘Historic Mistake’

Joseph Deiss promotes Switzerland's accession to the EU, highlighting the historical error of not joining the EEA.

Swiss E-Bike and Motorcycle Accidents Share The Same Injuries: University Hospital Zurich Study Shows

Research from the University Hospital Zurich show e-bike accidents can lead to severe head injuries, similar to motorcyclists.

Switzerland is Becoming Very Urban: More Foreigners, Bigger Cities & Less Religious Ties

Urban areas in Switzerland are experiencing population growth with increasing foreign nationals.

Man On Trail For Trying to Ignite His Ex: Prosecutors Want Him Out of Switzerland

A man in Lucerne is on trial for the attempted murder and assault of his ex-wife.

Russian Assets Frozen In Switzerland Worth Less Now

Swiss frozen Russian assets have decreased by CHF 1.7 billion to CHF 5.8 billion by the end of 2023.

Swiss Biotech Sector Sets New Records in 2023

Swiss biotech sector hits record CHF 7.3 billion in sales, raising over CHF 2 billion in capital, indicating a robust future for industry growth.

Novartis Had A Strong Q1

Novartis sees a surge in Q1 sales to $11.83 billion and a notable rise in profits, prompting an optimistic outlook for 2024 with high expectations for core operating profits.

Kuehne+Nagel Sales Drop 18% in Q1

Kuehne+Nagel sees an 18% drop in net sales and a 40% decrease in net profit in Q1.

Michele Foletti’s Silent Re-election Today

Michele Foletti remains Lugano's mayor after a silent election, continuing his long-standing political career in Ticino's largest city.

Swiss Charity Mercy Ships Gain Vessel Funding From MSC

The MSC Foundation announces a significant financial contribution to construct a new hospital ship for Mercy Ships.

Swiss Research & Education Budget Cut in Real Terms

Amidst financial constraints, the Swiss Federal Council's plan to decrease funding for education and research from 2025-2028.

Jans & The Region Want to Fight Crime Together

Justice Minister Beat Jans leads discussions with ministerial counterparts from Germany, Austria, Liechtenstein, and Luxembourg to tackle immigration issues.

The Böögg Will Be Burned in Heiden June 22nd

Heiden, Appenzell Ausserrhoden, steps in to host the rescheduled Zurich Böögg burning on June 22, after strong winds thwarted the original event.

Swiss National Bank Record Profits in Q1 2024: UBS Analysts Predict

Swiss National Bank likely to set a new profit record in Q1 2024, with estimates between CHF 50-60 billion.

Swiss National Bank: Reserve Ratios Needed Increases to 4%

The SNB announces an increase in minimum reserve ratios for banks from 2.5% to 4%, fully incorporating callable customer deposits in calculations.