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Empty shop windows hurt attractiveness of Swiss cities
2026-03-30
As online shopping expands at breakneck speed, falling sales are forcing bricks and mortar Swiss retailers to close their doors, particularly in town centres. To bring deserted shop windows back to life, locals and municipalities are taking action. In January, Guillaume “Toto” Morand announced the closure of his funeral home in Geneva after 28 years …
ICRC president urges Switzerland to stand firmly by international law
2026-03-29
The president of the International Committee of the Red Cross (ICRC), Mirjana Spoljaric, has called on Switzerland to reaffirm its full commitment to international law, saying this is the most effective way to safeguard the security of its own population. +Get the most important news from Switzerland in your inbox “It’s not enough to just …
Stadler signs contract for 35 freight locomotives in Turkey
2026-02-10
Stadler Rail has signed a contract with Turkish railway company TCDD Tamaclk for the delivery of 35 diesel-electric locomotives for freight services. They will be manufactured at the Thurgau-based group’s plant in Valencia, Spain. +Get the most important news from Switzerland in your inbox The EURO4001 locomotive “has been specially designed for transporting heavy goods …
Julius Bär boss wants Swiss register of ‘black sheep’ bankers
2026-02-08
Stefan Bollinger, CEO of Zurich-based private bank Julius Bär, has called for a Swiss register of bad bankers. +Get the most important news from Switzerland in your inbox “The advantages of registering financial market players are obvious,” Bollinger told the NZZ am Sonntag. + Swiss finance shrinks as regulations tighten “This prevents black sheep from …
Switzerland considers AI data ‘theft’ defence
2025-12-19
Journalists, authors and artists are in uproar about artificial intelligence (AI) harvesting copyrighted content. Switzerland has turned to legislators to find the right balance between fostering technological innovation and protecting intellectual property. +Get the most important news from Switzerland in your inbox Parliament is debating a measure that would limit AI companies from scraping media …
Trump sets Switzerland tariff deal deadline
2025-12-18
The United States has ramped up pressure on Switzerland by setting a March 31 deadline for sealing a legally binding tariff agreement. +Get the most important news from Switzerland in your inbox If this deadline is not met, the White House intends to review and reconsider the planned reduction in punitive tariffs “if necessary”. This …
Fewer retailers accept cash in Switzerland
2025-10-30
For the most part, the Swiss population can still choose between paying with cash, payment cards and payment apps when shopping and visiting restaurants. However, cash is less and less accepted in retail trade and on public transport. + Get the most important news from Switzerland in your inbox Overall, cash is accepted by fewer …
Ex-UBS trader sues bank for ‘malicious’ Libor prosecution
2025-10-28
Tom Hayes, the former star UBS bank trader who became the face of the Libor rigging scandal, sued his former employer accusing it of handing him over on a “silver platter” to global prosecutors in order to protect the bank and its senior leadership. + Get the most important news from Switzerland in your inbox …
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