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Swiss Info

Mon, 5 Dec 2022 08:59:00 GMT
Glencore to pay $180 million over alleged Congo corruption claims
Swiss-based Glencore said on Monday it would pay $180 million (CHF168 million) to the Democratic Republic of the Congo as part of an agreement covering all present and future claims to alleged corruption by the mining firm in the country between 2007...

Mon, 5 Dec 2022 07:42:00 GMT
Swiss watchdog investigates banks over sharing pay details
The Swiss Competition Commission (COMCO) has opened an investigation into whether dozens of banks were sharing information about what they pay some staff. “A large number of banks in the German-speaking part of Switzerland regularly exchange infor...

Sun, 4 Dec 2022 14:19:32 GMT
Spike in employee sick leave due to mental illness
Work stoppages due to mental illness are at a record high in Switzerland. According to an assessment cited on Sunday by the NZZ am Sonntag, work breaks due to mental health issues have increased by 20% this year compared to 2021. According to Andre...

Sun, 4 Dec 2022 12:50:04 GMT
Avalanche kills climber in eastern Switzerland
A 24-year-old man fell to his death after being swept away by an avalanche at Piz Radönt in canton Graubünden. Three people in a group of four were swept away by an avalanche on Saturday at Piz Radönt mountain in the Albula Alps. One of them fel...

Sun, 4 Dec 2022 10:21:56 GMT
Parental child abductions on the rise in Switzerland
Child abductions by a parent have been on the rise for the past ten years in Switzerland. The increase in bi-national unions is one cause, according to Le Matin Dimanche, citing data from the Federal Office of Justice (FOJ). In 2011, 35 requests f...

Sun, 4 Dec 2022 09:55:31 GMT
Liberal Greens want to revive European Economic Area (EEA) agreement
The centrist party wants the government to negotiate Swiss membership of the EEA. The Liberal Greens want Switzerland to reattempt to join the EEA agreement. The previous attempt was rejected by the Swiss people in 1992. The party will table a mo...

Sat, 3 Dec 2022 14:41:28 GMT
SME association wants audit on Swiss Post’s private expansion
Switzerland's Federation of Small- and Medium-Sized Enterprises (SMEs) has raised concerns about possible violations of subsidy law by the Swiss Post. The SME umbrella association has written to the Swiss Federal Audit Office (SFAO) to ask it to con...

Sat, 3 Dec 2022 12:51:15 GMT
French rail strike drastically limits Swiss connections
A strike by French train conductors this weekend has reduced services into Switzerland by two-thirds. On the lines to Switzerland, only one train out of three is running, according to the French rail operator SNCF. Train conductors have stopped wor...

Sat, 3 Dec 2022 12:17:44 GMT
Swiss clinic peddled ‘mind control’ conspiracy theories
Satanist conspiracy theories were part of patient treatment at a private psychiatric clinic in northeastern Switzerland. The results of an administrative investigation against the private psychiatric clinic Clienia Littenheid in canton Thurgau were ...

Sat, 3 Dec 2022 09:55:30 GMT
Ex-NATO chief criticises Swiss stance over ammunition to Ukraine
Former NATO Secretary General Anders Fogh Rasmussen has warned that Switzerland’s refusal to supply ammunition for Ukraine will have repercussions. In an interview published in the newspapers of the CH Media Group on Saturday, Rasmussen said that ...

Fri, 2 Dec 2022 19:00:00 GMT
‘Colonial’ EU a threat to Switzerland: Christoph Blocher
Switzerland should keep its distance from the European Union and retain its political neutrality, according to former People’s Party figurehead Christoph Blocher, who led a campaign 30 years’ ago to keep the Alpine state out of the European Econo...

Fri, 2 Dec 2022 17:50:00 GMT
Monkeypox vaccine available in Switzerland
The first doses of vaccine to protect against monkeypox infections have arrived in Switzerland and are available in some cantons. Some 4,000 doses were delivered to Switzerland in November and have been distributed to cantons Zurich, Basel City, Gen...

Fri, 2 Dec 2022 14:58:00 GMT
Switzerland among worst in Europe at tobacco prevention
Switzerland is the second-worst country in Europe at stamping out tobacco addiction, according to the European Association of Cancer Leagues. Many large tobacco companies, including British American Tobacco, Japan Tobacco International and Philip Mo...

Fri, 2 Dec 2022 14:17:00 GMT
Switzerland proposes financial support for foreign policy agencies
The Swiss parliament has been asked to provide CHF130 million ($138 million) in funding for three Geneva-based agencies that focus on international security and foreign policy issues. If approved, the money will fund the Geneva Centre for Security P...

Fri, 2 Dec 2022 13:12:00 GMT
Critical Swiss infrastructure ‘must report cyberattacks’
The Swiss government wants to impose a mandatory duty to report cyberattacks on the operators of critical Swiss infrastructures, such as airports and energy grids. Parliament has been asked to amend the Information Security Act to help the National ...

Fri, 2 Dec 2022 11:10:00 GMT
South Africa corruption case costs Swiss firm additional CHF140m
Swiss engineering company ABB has been ordered to pay 2.5 billion South African rand (CHF134 million) in reparations and has been fined CHF4 million ($4.2 million) by Swiss prosecutors for industrial-scale bribery in South Africa. The cost of bribin...

Fri, 2 Dec 2022 10:49:00 GMT
Swiss pledge CHF40 million to struggling UNRWA
The government said on Friday that the country would pay CHF20 million ($21.4 million) into the UN’s Palestinian refugee agency in both 2023 and 2024. The funding serves several Swiss priorities, the government said in a statement: as well as a si...

Fri, 2 Dec 2022 09:06:00 GMT
Arrival of new Swiss army drones delayed until 2024
New Israeli surveillance drones ordered by the Swiss army will not be delivered until the end of 2024, SRF public radio has reported. As a result of the delays, Israeli provider Elbit must pay contractual penalties, a spokesman for army procurement ...

Fri, 2 Dec 2022 08:14:00 GMT
Nazi-era self-portrait sells for record sum to Swiss buyer
A self-portrait painted by artist Max Beckmann during the Second World War after he fled Nazi Germany sold for €23.2 million (CHF24.79 million) on Thursday in Berlin. Auction house Villa Grisebach said it had estimated that “Self-portrait in yel...

Thu, 1 Dec 2022 16:45:15 GMT
Stuffed cheetah seized at Swiss border
A cheetah stuffed by a taxidermist has been seized at the customs post in St Margrethen, northeastern Switzerland. A German man was importing it from Austria for a private individual. Threatened or endangered animals may not be imported into Switzer...

Thu, 1 Dec 2022 15:48:14 GMT
Credit Suisse looks to speed up cuts as revenue outlook worsens
Swiss bank Credit Suisse is looking for ways to accelerate cost cuts announced just weeks ago as client outflows and a slowdown in activity weigh on its revenue outlook, according to three people with knowledge of the talks. The cost savings are lik...

Thu, 1 Dec 2022 14:31:14 GMT
Petition demands multinationals be held to account
The “Coalition for Responsible Multinationals” has submitted a petition with 217,509 signatures to the Federal Chancellery. It calls on the government and parliament to enact an effective law for corporate responsibility, based on an EU model. E...

Thu, 1 Dec 2022 13:47:03 GMT
Swiss celebrities call for fresh start with Europe
Thirty years after Swiss voters rejected joining the European Economic Area (EEA), almost 200 people in the public eye – including several former Swiss presidents – have called for the government to clarify quickly how it intends to shape relatio...

Thu, 1 Dec 2022 12:53:00 GMT
More and more apprentice contracts terminated
More apprenticeship contracts are being prematurely terminated than ever before, according to Swiss media. Newspapers in the Tamedia group reported on Thursday that 22.4% of apprenticeship contracts begun in 2017 were dissolved before being carried ...

Thu, 1 Dec 2022 10:45:29 GMT
Disasters caused $122 billion in insured losses in 2022
Hurricane Ian and other natural catastrophes have caused an estimated $115 billion (CHF109 billion) of insured losses so far this year, well above the ten-year average of $81 billion, says Swiss Re. Natural and man-made disasters did economic damage...

Thu, 1 Dec 2022 10:36:14 GMT
Abuse accusations: Basel ballet school shuts training division
The Ballettschule Theater Basel will close its vocational training division owing to serious accusations of student abuse. It says it can’t see itself managing to get out of its financial problems. The institution has asked the cantonal department...

Thu, 1 Dec 2022 09:09:00 GMT
Swiss note another slight rise in frozen Russian funds
Since Russia's invasion of Ukraine in February and the start of Western sanctions, Switzerland has frozen some CHF7.5 billion ($7.9 billion) of Russian funds, authorities have said. The figure, a slight increase on the CHF6.7 billion reported in Jul...

Thu, 1 Dec 2022 08:19:00 GMT
Swiss luxury sector falls behind China in global ranking
In 2021, the booming jewellery trade in China meant that the country overtook Switzerland as the world’s leading luxury goods hub. The “Global Powers of Luxury Goods” report by consultancy firm Deloitte, published on Thursday, said China’s s...

Wed, 30 Nov 2022 18:00:00 GMT
Biodiversity: NGOs criticise ‘bottom of the class’ Switzerland
Switzerland has fallen behind in its protection of animals and plants over the past decade, carrying out just 1.4% of its international obligations, nature organisations have said. NGOs BirdLife and Pro Natura said on Wednesday that Switzerland is b...

Wed, 30 Nov 2022 17:42:00 GMT
Swiss asylum authorities able to ease the burden on cantons
Migration authorities say that while numbers of asylum applications remain extremely high, they have boosted capacities and are now able to slightly ease the burden on cantons. With numbers of asylum seekers reaching levels not seen since 2016, the ...



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