UBS predicts the Swiss economy will expand by just 0.5% in 2015, down from an earlier projection of 1.8%. Expectations for 2016 have also been lowered, down to 1.1% from 1.7%.
Related: Swiss companies and currency brokers bleed
3. Chocolate companies (and chocolate lovers): Shares in Lindt & Sprungli tumbled by as much as 8% on the Swiss stock exchange.
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