Economiesuisse Chief Economist Rudolf Minsch warns that Switzerland’s potential population cap initiative could harm labor-intensive sectors and innovation-dependent industries that rely on foreign workers, including restaurants, construction, healthcare, scientific research, and product development.
ABB CEO warns Europe faces mass unemployment risk without reforms and deregulation, citing energy shocks from Iran war as threat to EU competitiveness
Swatch Group faces mounting pressure for strategic change following a decline in profits. The controlling Hayek family has defended the company’s long-term strategy and rejected criticism of short-termism in management.
Index Ventures partner Nina Achadjian discusses the shift in venture capital from software-only investments to AI applications in manufacturing, robotics, and industrial systems. She highlights Index Ventures’ early backing of companies like Anthropic, Physical Intelligence, and ServiceTitan, and discusses the implications of SpaceX’s IPO for the venture space.
Zurich Insurance Group Plc is expanding its data-center insurance offering geographically to Europe and South America to capitalize on growing AI infrastructure investment globally
Julius Baer, the Swiss wealth and asset management firm, has updated its market outlook on oil, adopting a bearish strategy by taking short positions in Brent crude oil in anticipation of an imminent price collapse.
The Swiss Federal Court has convicted former employees of Gazprombank. The bank indicated that the court ruling could strengthen compliance and regulatory duties for financial institutions.
A Swiss court has dismissed proceedings against Lara Warner, a former Credit Suisse manager, in connection with the Mozambique tuna bond scandal. The scandal involved transactions between state-owned Mozambican companies and shipbuilder Privinvest over a decade ago. The dismissal also means that financial penalties are no longer applicable.
Patrick Drahi’s assets have been seized by Swiss courts in a dispute with Altice co-founder Armando Pereira, who is seeking to reclaim at least 1.2 billion Swiss francs that he claims he is owed.
Swissblock and Glassnode analysts warn that Bitcoin is entering a high-risk zone as Bitcoin ETF outflows continue, suggesting institutional investors are exiting positions. The steady outflows are adding to supply without corresponding demand.