Analysts claim Swiss National Bank intervening to bring down franc value

Analysts claim Swiss National Bank intervening to bring down franc value

Aug. 20, 2019, 9:28 a.m.
Financial analysts believe the Swiss National Bank has been intervening strongly in the foreign exchange markets to b...
Strong franc brings Swiss tourism down

Strong franc brings Swiss tourism down

Feb. 27, 2019, 9:24 a.m.
Although more foreign tourists are visiting Switzerland – the numbers are still massively down on 10 years ago.
Economic growth revised upwards

Economic growth revised upwards

Sept. 21, 2018, 9:03 a.m.
The government is upping its growth rate for this year. The Swiss Expert Group says GDP growth in 2018 will be 2.9% -...
Swiss banks handing out invalid UK pound notes

Swiss banks handing out invalid UK pound notes

April 20, 2018, 6:14 a.m.
People travelling to the UK are being warned some Swiss banks are still handing out invalid 10 pound notes.
External factors threaten Swiss economy

External factors threaten Swiss economy

March 21, 2018, 8:28 a.m.
Although the latest forecasts for the Swiss economy are generally positive. The government is warning there are poten...
Government wants banknote law change

Government wants banknote law change

Feb. 22, 2018, 6:40 a.m.
The Swiss government says it wants to end the 20 year limit on how long discontinued bank notes can be exchanged. ...
Snow likely to boost ski resorts

Snow likely to boost ski resorts

Feb. 5, 2018, 5:52 a.m.
The head of Swiss tourism says he expects hotel bookings to be up 4% this season due to the heavy snow.
Swiss watch industry shows Asian powered growth

Swiss watch industry shows Asian powered growth

Jan. 31, 2018, 6:04 a.m.
The Swiss watch industry has shown growth for the first time for two years.
Media firm closes printing works

Media firm closes printing works

Jan. 11, 2018, 5:45 a.m.
The Swiss media firm Ringier is closing a major printing works in Lucerne. 172 jobs will be lost. The works is one th...
Continued optimism for 2018 by businesses

Continued optimism for 2018 by businesses

Jan. 3, 2018, 8:43 a.m.
A new survey by the SonntagsZeitung newspaper is underlining the Swiss business optimism for 2018.  
Swiss National Bank buys paper factory

Swiss National Bank buys paper factory

Dec. 22, 2017, 7:47 a.m.
The Swiss National Bank is to buy a troubled paper firm to make sure it can maintain the supply of bank notes.
Swiss GDP revised upwards for 2018

Swiss GDP revised upwards for 2018

Dec. 20, 2017, 9:21 a.m.
More good news for the economy. Following a recent flurry of forecasts which predict a growing economy in 2018 &ndash...
UBS head says Bitcoin is a bubble

UBS head says Bitcoin is a bubble

Dec. 18, 2017, 6:48 a.m.
The head of UBS is warning Bitcoin is a bubble that’s bound to burst.
Swiss economy to create new jobs next year

Swiss economy to create new jobs next year

Dec. 13, 2017, 9:20 a.m.
The omens are good for the Swiss economy next year. A new report from the recruitment agency Manpower suggests many c...
Stronger Euro hits French tax take from Geneva

Stronger Euro hits French tax take from Geneva

Dec. 6, 2017, 6:46 a.m.
The strengthening Euro against the franc is hitting the finances of French communes bordering Geneva.
Jobs still being created in Switzerland

Jobs still being created in Switzerland

Nov. 28, 2017, 9:11 a.m.
The latest unemployment numbers show Switzerland is still creating new jobs, with the industrial sector showing growt...
Weaker franc helping watch industry

Weaker franc helping watch industry

Nov. 20, 2017, 7:04 a.m.
The weakening Swiss franc is breathing life back into the Swiss watch industry. The head of Swatch, Nick Hayek, says ...
Geneva is booming

Geneva is booming

Nov. 17, 2017, 5:52 a.m.
Business is booming in Geneva. That’s the conclusion following a survey by the local Chamber of Commerce.
New 10 franc note released next month

New 10 franc note released next month

Oct. 12, 2017, 9:21 a.m.
The new 10 franc note will be released next week. It’s part of the continuing upgrade of banknotes. We already ...
Strong franc leads to Nestlé factory closure

Strong franc leads to Nestlé factory closure

Sept. 4, 2017, 7:02 a.m.
The strong franc has led to another casualty. A Nestlé owned factory is closing in Solothurn and around 200 jo...
Swiss paper factory blames strong franc for closure

Swiss paper factory blames strong franc for closure

July 27, 2017, 8:45 a.m.
The strong franc has led to the closure of a Swiss paper mill. Utzenstorf Papier operated for the last 125 years and ...
Property prices in Alps fall

Property prices in Alps fall

June 13, 2017, 7:22 a.m.
It’s getting cheaper to own a second home in the Swiss Alps.
Switzerland maintains its competitive ranking

Switzerland maintains its competitive ranking

June 1, 2017, 6:53 a.m.
Switzerland has kept its place as a high ranking competitive economy - despite the high franc.  
Switzerland falls in rankings for working conditions

Switzerland falls in rankings for working conditions

May 22, 2017, 10:58 a.m.
While working conditions in Switzerland remain good – the country has slipped in the rankings compared to other...
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