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July 18, 2025

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Switzerland

More than £75bn wiped off FTSE 100 amid Credit Suisse crisis

Swiss bank’s shares fall to record low as top shareholder Saudi National Bank rules out more fundingSVB collapse may be start of ‘slow rolling crisis’, warns BlackRock bossMore than £75bn was wiped off the FTSE 100 on Wednesday, as Swiss authorities st…

March 15, 2023
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War in Ukraine Puts Centuries of Swiss Neutrality to the Test

The Alpine state makes arms that Western allies want to send to Kyiv. Swiss law bans this, driving a national debate about whether its concept of neutrality should change.

March 12, 2023
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Four bankers in Switzerland accused of helping to hide Putin’s millions

Swiss national and three Russians appear in court in connection with accounts in name of Putin’s friend Sergei RolduginFour bankers have appeared in a Swiss court charged with helping to hide tens of millions of francs on behalf of Vladimir Putin.The m…

March 8, 2023
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‘Gruyere’ can be used to describe US cheeses, court rules

Decision means word cannot be restricted in US only for kind made originally in France or SwitzerlandA US appeals court has ruled that the word “gruyere” is a common label for cheese and cannot be reserved just for the kind made originally in France or…

March 4, 2023
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Bankers on trial in Zurich accused of aiding man known as ‘Putin’s wallet’

Four Gazprombank executives accused of ‘due diligence’ failure in helping Sergey Roldugin deposit millions of Swiss francsFour bankers will stand trial in Zurich next week accused of helping a man known as “Vladimir Putin’s wallet” deposit millions of …

March 2, 2023
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Glencore shareholders to receive almost £6bn after record profits

Mining and commodities firm’s pre-tax profit climbed 60% to £28.2bn last year, up £10.6bn on 2021Glencore will give almost £6bn to shareholders after the mining and commodities company reported record pre-tax profits of more than £28bn in 2022, boosted…

February 15, 2023
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Cacti replacing snow on Swiss mountainsides due to global heating

Invasive species proliferating in Valais is encroaching on natural reserves and posing a biodiversity threatThe residents of the Swiss canton of Valais are used to seeing their mountainsides covered with snow in winter and edelweiss flowers in summer. …

February 10, 2023
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Avalanches in Alps Kill at Least 11, as Weather Hampers Rescues

Deaths were reported in Austria, Italy and Switzerland over the weekend. Heavy snowfall and high winds have increased the danger for skiers, officials said.

February 6, 2023
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Switzerland Moves To Allow Arms Re-Exports To Ukraine

Bloomberg: Switzerland Takes Step to Allow Arms Re-Exports to Ukraine Switzerland took a crucial step toward allowing other countries to re-export Swiss-made armaments to Ukraine. The relevant committee of the parliament’s lower house on Tue…

January 27, 2023
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Mutiny erupts among WEF staff over role of ‘Mr Davos’

Founder and chair Klaus Schwab has run forum for 52 years but is now seen by some past and present staff as ‘a law unto himself’UN chief accuses big oil of peddling big lie on climate changeThe future of Klaus Schwab – Mr Davos for more than half a ce…

January 18, 2023
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