By John Revill ZURICH (Reuters) – Overnight deposits held by the Swiss National Bank plunged by 77.5 billion Swiss francs ($78.32 billion) last week, their biggest ever weekly fall, the…
ZURICH (Reuters) – Swiss consumer price inflation slowed to 3.3% in September but still surpassed the Swiss National Bank’s 0-2% target range for the eighth month in a row. Economists…
ZURICH (Reuters) – The Swiss franc is not highly valued despite its nominal rise, Swiss National Bank Chairman Thomas Jordan told a Swiss newspaper, adding the central bank intended to…
KLOTEN, Switzerland (Reuters) – More than 300 pilots marched on Swiss International Air Lines headquarters near to Zurich airport on Thursday to press their contract demands ahead of a possible…
By Oliver Hirt ZURICH (Reuters) – U.S. investment bank JP Morgan’s head of Switzerland, Nick Bossart, is moving to Rothschild & Co to lead its Swiss advisory business for mergers…
LUCERNE, Switzerland (Reuters) – The Swiss National Bank is ready to take further steps to fight inflation despite price rises in Switzerland being relatively modest compared to international peers, SNB…
ZURICH (Reuters) – Switzerland’s second-quarter current account surplus narrowed by nearly 1 billion Swiss francs to 11 billion Swiss francs ($11.23 billion), the Swiss National Bank (SNB) said on Friday.…
ZURICH (Reuters) – A fire broke out early on Monday at a mountaintop restaurant in the Swiss Alps at an altitude of 3,000 metres (9,800 ft) and helicopters were helping…
ZURICH (Reuters) – Switzerland will temporarily halt the exchange of tax information with Russia and make it harder for Russian citizens to get visas, the government said on Friday. Switzerland,…
ZURICH (Reuters) – Credit Suisse’s Swiss unit has become more efficient and growth focused in recent years and will thus be hit less by restructuring and cost savings than other…
LONDON (Reuters) – Goldman Sachs recommends investors short the euro against the Swiss franc following the European Central Bank’s record rate increase as they think it likely the Swiss National…
ZURICH (Reuters) – Switzerland will create a hydropower reserve to make sure the Alpine country has enough electricity through the coming winter, the government said on Wednesday. The government said…
ZURICH (Reuters) – The Swiss government is expected to run a budget deficit of 5 billion Swiss francs ($5.25 billion) for 2022, it said on Wednesday, citing extraordinary costs from…
ZURICH – The Swiss purchasing managers’ (PMI) index fell by 1.1 points in July, according to data published on Tuesday, but remained in positive territory despite concerns about rising energy…
ZURICH – The Swiss National Bank may take monetary policy measures at any time between its regular meetings if it deems it necessary, the bank said in an interim publication…
ZURICH – Credit Suisse on Tuesday said it was naming Roger Suter its new head of private banking in Switzerland, succeeding current manager Serge Fehr. “Credit Suisse is today announcing…
FRANKFURT – Deutsche Lufthansa’s Swiss business said on Tuesday it would cut about 2% of its flights scheduled between August and October because of labour shortages, strikes and rising COVID-19…
By Yoruk Bahceli, Saikat Chatterjee and Tommy Wilkes LONDON – From Silicon Valley shares to U.S. and European government bonds, securities that are already under heavy pressure stand to lose…
By Jamie McGeever ORLANDO, Fla. – If estimates that world markets face a record $4 trillion liquidity drain over the next 18 months are even close to accurate, hold on…
By Silke Koltrowitz ZURICH -Toblerone maker Mondelez will shift some production of its triangular chocolate bars to Slovakia from Switzerland at the end of next year, losing the “Swiss” attribute…
ZURICH – Members of Swiss cooperative supermarket chain Migros have voted by a clear majority to uphold the ban on alcohol sales its health-conscious founder adopted when he set up…
By Indradip Ghosh and John Revill BENGALURU/ZURICH – The Swiss National Bank will keep its negative policy interest rate unchanged on Thursday and will not raise it to zero until…
LONDON – Citibank says it expects the Swiss National Bank to hike its key rate by 25 basis points when it meets next week. Swiss inflation rose in May by…
ZURICH – The Swiss descendent of one of Adolf Hitler’s doctors has released details of letters that show how he treated the Nazi dictator for voice problems, NZZ am Sonntag…
By Paul Arnold ZURICH – Credit Suisse is likely to remain in the blue-chip Swiss Market Index (SMI) when it is up for a review in early July, even after…