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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 …
Survey: public trust in Swiss banks declines
2026-02-10
Swiss banks continue to enjoy a solid level of trust among the Swiss population but criticism of the banking centre is growing. The perception of excessive profit-seeking and a lack of sustainability are tarnishing its image, according to a study by the Swiss Bankers Association. +Get the most important news from Switzerland in your inbox …
Novartis begins construction of new research centre in San Diego, US
2026-02-09
The Swiss pharma company Novartis has begun work on a new global biomedical research centre in San Diego, United States. The 43,300 m2 facility will be operational in 2029 and house around 1,000 employees. +Get the most important news from Switzerland in your inbox The new centre is a key pillar of the pharmaceutical group’s …
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 banks stung with CHF237m rates rigging fine
2025-12-18
Twenty Swiss banks have been fined CHF237.5 million by the Competition Commission (ComCo) after a long-running investigation into collusion on the financial market. +Get the most important news from Switzerland in your inbox In total, ComCo investigated agreements on the financial market in nine separate proceedings over a period of more than ten years. The …
Snow Compass: guiding Swiss skiing through warmer winters
2025-12-17
With Switzerland warming at almost twice the global average, the future of certain ski resorts is on thin ice. Less snow and rising temperatures are forcing destinations at low and medium altitudes to adapt or face closure. A new forecasting tool, known as Snow Compass, developed by Swiss scientists, is providing crucial data-driven insights to …
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