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Nespresso cocaine traffickers get 15 years in prison
2026-02-12
Three drugs traffickers have been handed 15 year jail terms after shipping a 500kg cocaine haul through Nespresso facilities in Switzerland. + Get the most important news from Switzerland in your inbox The Criminal Court of Basel-Country handed out the jail terms after the trio had tried unsuccessfully to retreive the drugs in the Swiss …
The last free Swiss commuter newspaper bids farewell to its print edition
2025-12-23
20 Minutes has bid farewell to its print version on Tuesday with a special edition. The commuter newspaper, which was launched in 1999, will only be published digitally in future. The blue newspaper boxes were filled for the last time in German-speaking Switzerland, French-speaking Switzerland and Ticino early on Tuesday morning. As a farewell, there …
Nestlé allowed to continue French Perrier operations
2025-12-19
Nestlé Waters will be able to continue operating two boreholes in France for the production of Perrier natural mineral water in France. +Get the most important news from Switzerland in your inbox This follows a favourable opinion from the Prefect of the Gard region, where the Vergèze plant is located. However, restrictions and stricter monitoring …
Swiss economic forecast improves despite tariffs
2025-11-05
The Swiss economy is once again looking to the future with optimism despite the tariffs imposed by United States President Donald Trump. +Get the most important news from Switzerland in your inbox The business situation improved markedly in October, according to the business trend indicator calculated by the ETH Zurich’s Centre for Economic Research (KOF). …
UBS to appeal AT1 bond court setback
2025-10-29
Swiss bank UBS intends to appeal against the Federal Administrative Court’s verdict that the write-down of Credit Suisse’s AT1 bonds had no legal basis. + Get the most important news from Switzerland in your inbox UBS joins Finma, which announced in mid-October that it intended to bring the case before the Federal Supreme Court. With …
Swiss Senate votes to extend short-time working to counter tariffs
2025-09-10
The Swiss Senate has approved the extension of short-time working compensation from 18 to 24 months in the face of United States tariffs. +Get the most important news from Switzerland in your inbox Businesses have demanded the measure since since tariffs were raised. It has now cleared the first parliamentary hurdle. According to the parliamentary …
Swiss inflation stays steady in face of US tariffs
2025-09-05
Swiss inflation stayed positive for a third consecutive month, offering reassurance to policymakers as they also evaluate if the economy can weather a jump in United States tariffs. +Get the most important news from Switzerland in your inbox Consumer prices rose 0.2% from a year ago in August, matching the increase of the previous month, …
Vitol: the secretive trading giant minting fortunes for its employees
2025-09-03
The commodity house is among world’s most profitable companies and has returned $20 billion to senior staff over past three years. Across two floors of an unremarkable office block tucked between Buckingham Palace and London’s gritty Victoria coach station sits one of the most profitable but least known companies in the world. Commodity trader Vitol …
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