Events

Canton Reimbursement for Victim Support: A 22-Year Overview
Over two decades, Swiss cantons have disbursed CHF 181 million in victim support, with a significant portion of applications receiving approval.
Zurich Commercial Court Summarizes Investor Lawsuits Regarding UBS/CS Merger
Earlier this week reported the that CS and KPMG executives evaded prosecution for their involvement in the Credit Suisse debacle.
Sunday, February 18 – Weekly Roundup
Switzerland confronts a spectrum of issues, workplace bullying at the Federal Intelligence Service, and alleged corporate misconduct by ABB, highlighting the need for systemic reforms and accountability.
Swiss German Border: Extension of Controls to Strengthen Fight Against Irregular Migration
Germany announces an extension of Swiss German border controls until mid-June 2024, aiming to combat people smuggling and regulate migration flows.
Ticino Billionaire
Sergio Mantegazza Swiss Billionaire, Dead age 96
Ticino billionaire Sergio Mantegazza, renowned for elevating Globus Viaggi to global prominence, passed away in Ticino.
Rail strike
Rail Strike in France Has an Impact on Switzerland
The rail strike in France starting Thursday will significantly impact Swiss rail operations, affecting weekend travel plans.
Swiss Consumer
Swiss Consumer Sentiment Shows Small Improvement in Early 2024
Swiss Consumer confidence sees a slight uplift in early 2024, as Seco switches to monthly reporting to offer fresher insights into economic perceptions.
Schindler Achieves Remarkable Profit Growth in 2023
Schindler bounces back with a significant profit increase in 2023, driven by enhanced operating efficiency, supply chain recovery, and strategic pricing, marking its best performance since 2018.
Microplastics
Swiss Microplastics: 90% Comes From Tires
Empa highlights tire wear as the main microplastics source in Switzerland, suggesting smoother driving and technological interventions for reduction.
Sunday, February 11 – Round Up
Unrest at ZHdK over job cuts, billions in unclaimed pension funds, and proactive measures against housing shortages are making headlines in Switzerland.
Hostage on the Train in Yverdon: Perpetrator Shot Dead
A tense four-hour standoff on a regional train near Yverdon results in the police fatally shooting a 32-year-old hostage-taker, ensuring the safety of all 15 hostages involved.
Swisscom CEO Does Not Comment on Vodafone Rumors
Amid challenges in the Swiss telecom sector, Swisscom shifts focus to Italy's energy market, with CEO Christoph Aeschlimann steering clear of acquisition rumors.
Swiss Lotto Jackpot Grows to 45.3 Million CHF
he Swiss Lotto Jackpot escalates to an astonishing 45.3 million francs as no winners emerge in the latest draw, marking a significant moment in the game's history since 1970.
Lucerne Civil Defense Get a New Training Centre
Lucerne Civil Defense's training center in Sempach, operational since 1971, is slated for a partial rebuild and renovation, with a budget of CHF 37.
Unemployment Switzerland: A Noticeable Spike in January Figures
Unemployment Switzerland sees a significant uptick in January, with the rate reaching 2.
Ski Tourist Killed in a Fall in Valais
Tragedy in the Alps: A Reminder of Nature's Unpredictable Might A 39-year-old ski tourer had a fatal accident on Monday in the Valais region of Van d'en Haut in the municipality of Salvan.
UBS Cut Over 4000 Jobs in Q4
UBS significantly reduced its global workforce in Q4 2023, with a total reduction of 4,336 employees, bringing the count to 138,462.
Swiss Insurance Industry Increases Premium Volume
Swiss insurance industry thrives in 2023, with growth across non-life and individual life segments, despite a dip in group life insurance due to a shift towards semi-autonomous solutions.

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