Mar 19 Banking giant UBS announces acquisition of Credit Suisse amid financial turmoil By Jamey Keaten, Ken Sweet, Associated Press Banking giant UBS is buying its smaller rival Credit Suisse in an effort to avoid further market-shaking turmoil in global banking, Swiss President Alain Berset announced on Sunday night. Continue reading
Jan 02 Unseasonably warm winter means snow shortage on Alpine slopes By Jamey Keaten, John Leicester, Associated Press Much of the Alps just don't look right for this time of year. Continue reading
Aug 22 Already shrunk by half, study shows Swiss glaciers are melting faster By Jamey Keaten, Associated Press A new study has found that Switzerland's 1,400 glaciers have lost more than half their total volume since the early 1930s. The ice retreat has ebbed and flowed over time, but is accelerating at a time of growing concerns about… Continue reading
May 06 Swiss police investigate after discovery of 1,100 pounds of cocaine amid Nespresso coffee bean bags By Associated Press Swiss police say an investigation is underway after workers at a Nespresso warehouse in western Switzerland came upon 500 kilograms (over 1,100 pounds) of cocaine, with a street value of $50 million, as they unloaded coffee beans that had arrived… Continue reading
Feb 28 What to know as Ukraine resists Russia’s advance By Associated Press The Russian military assault on Ukraine went into its fifth day after Russian President Vladimir Putin ordered his nuclear forces put on increased alert, ratcheting up tensions yet further. Continue reading
Jan 11 What’s in a name? Judge pokes holes in Swiss cheesemakers’ “gruyere” claims By Matthew Barakat, Associated Press A federal judge has ruled that gruyere cheese does not have to come from the Gruyere region of Europe to be sold under the gruyere name. Continue reading
Nov 02 Former FIFA bosses indicted for fraud in Switzerland By Graham Dunbar, Associated Press Former FIFA officials Sepp Blatter and Michel Platini have been charged with fraud and other offenses by Swiss prosecutors after a six-year investigation into a controversial $2 million payment. Continue reading
Sep 26 Swiss approve same-sex marriage by wide margin in referendum By Associated Press Cheers rang out, hugs were exchanged and rainbow-colored flags waved overhead across Switzerland as the Swiss resoundingly voted to allow same-sex couples to marry, final results of a nationwide referendum showed Sunday. Continue reading
Mar 07 Swiss narrowly back proposal to ban face coverings in public By Geir Moulson, Associated Press The measure will outlaw covering one's face in public places like restaurants, sports stadiums, public transport or simply walking in the street. It foresees exceptions at religious sites and for security or health reasons, such as face masks people are… Continue reading
Dec 16 U.S. brands Vietnam and Switzerland as currency manipulators By Martin Crutsinger, Paul Wiseman, Associated Press The U.S. Treasury Department report said that Vietnam and Switzerland were the only two countries that met all three criteria for being named a currency manipulator. Continue reading