Internal: Archive

Further billions may be needed to save Swiss companies

This content was published on Mar 22, 2020 Earlier this week, the government increased its emergency funding from CHF10 billion to CHF42 billion ($42.6 billion). Some CHF14 billion will pay the wages of employees on short-time work, with CHF20 billion being offered as guaranteed loans and more funds targeted at specific industries. Non-essential high street shops and services have been ordered to shut…

Canton Ticino orders non-essential industry to cease production

This content was published on Mar 22, 2020 The southern Swiss canton of Ticino, which borders Italy, has ordered factories and production lines to temporarily close to combat the spread of coronavirus. The order has been branded excessive by a leading manufacturing association.

Stranded Swiss to be brought back home from South America

This content was published on Mar 21, 2020 Two planes have been chartered from Edelweiss, part of Swiss International Air Lines, to fly to Lima and Bogota on Tuesday and Wednesday next week. Arrangements are also being made for 100 citizens to be brought back from Costa Rica. “Over the last few days, the FDFA [foreign ministry], together with tour operators and travel…

Switzerland tightens restrictions, announces more economic aid

This content was published on Mar 20, 2020 The Swiss government on Friday announced a countrywide ban on gatherings of more than five people and an additional economic package.

WHO and Roche launch trials of potential coronavirus treatments

This content was published on Mar 20, 2020 Roche is launching a clinical trial of a potential new Covid-19 drug, adding to rapidly growing investments in combating coronavirus.

Why Switzerland struggles to keep track of coronavirus cases

This content was published on Mar 19, 2020 As our readers may have noticed, when it comes to tracking cases of Covid-19 in Switzerland, the numbers do not always add up.

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Banks lobby regulators to relax post-crisis rules

This content was published on Mar 19, 2020 The banking industry is demanding regulators relax or delay a raft of rules on everything from capital and liquidity to accounting and climate change.

Swiss central bank resists temptation to reduce interest rates

This content was published on Mar 19, 2020 The SNB’s announcementExternal link comes against the backdrop of media reports that it will take part in a massive financial aid package, worth up to CHF100 billion ($104 billion) to keep the Swiss economy afloat. The Swiss central bank declined to comment on this speculation. The SNB said on Thursday that it is raising the…

Coronavirus catches managers off guard

This content was published on Mar 19, 2020 The coronavirus has laid bare the fragilities and complex dependencies generated by globalisation.

Virus forces delay of vote on EU free movement deal

This content was published on Mar 18, 2020 The Swiss government has called off a planned nationwide ballot about a proposal to scrap an accord with the EU on the free movement of people.

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Further billions may be needed to save Swiss companies

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Canton Ticino orders non-essential industry to cease production

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Stranded Swiss to be brought back home from South America

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Switzerland tightens restrictions, announces more economic aid

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WHO and Roche launch trials of potential coronavirus treatments

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Why Switzerland struggles to keep track of coronavirus cases

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Banks lobby regulators to relax post-crisis rules

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Swiss central bank resists temptation to reduce interest rates

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Coronavirus catches managers off guard

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Virus forces delay of vote on EU free movement deal

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