Tag Archive: Latest news

Valcambi refinery denies sourcing ‘dirty’ gold from Dubai

2020-09-10

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2020-09-10

The Swiss-based Valcambi refinery has rejected accusations about gold dealings with a controversial company in the United Arab Emirates.

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Switzerland takes Belgium and Mexico off Covid-19 ‘high risk’ list

2020-09-09

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2020-09-09

People arriving in Switzerland from Belgium, Mexico and Luxembourg will no longer have to go into quarantine for ten days.

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Rights activists want Swiss-Chinese trade deal to be overhauled

2020-09-08

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2020-09-08

Campaigners are urging the Swiss government to renegotiate a six-year-old free trade agreement with China to try to improve human rights and labour conditions for its Uighur Muslim minority.

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Ceneri Base Tunnel is officially open

2020-09-07

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2020-09-07

The Ceneri Base Tunnel has been officially opened, with the first freight train passing through the tunnel in the southern Swiss canton of Ticino shortly after 11:30am. Passengers will have to wait for the new national rail timetable in December.

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Geneva Airport expects 23 percent fewer passengers in 2021

2020-09-03

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2020-09-03

Geneva Airport officials say the shockwaves of the Covid-19 pandemic will reverberate into next year, with the number of passengers flying to and from the airport expected to be down by almost a quarter compared with pre-coronavirus levels, according to Swiss public radio, RTS.

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Swiss PostBus faces lawsuit in Liechtenstein

2020-09-01

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2020-09-01

Liechtenstein transport companies are claiming CHF35 million ($38.7 million) in damages against Switzerland’s state-owned PostBus over alleged unfair business practices.

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Swiss economist says Covid-19 ‘winners’ should pay more tax

2020-08-31

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2020-08-31

Companies that netted their best-ever earnings during the coronavirus crisis should be subject to extra tax, finds one of Switzerland’s top economists.

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New Swiss Rail Timetable Speeds up Cross-Border Trips

2020-08-28

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2020-08-28

Swiss Rail
Next year the train connections from Switzerland to Germany and Italy will be faster. On Wednesday the Swiss Federal Railways unveiled the timetable for 2021. In addition to various inland tweaks, the new schedule brings swifter links from Zurich to Milan (3:17) and Munich (ca. 4hrs). From Zurich there will be ten direct trains to Milan; from Basel, five.

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Belgium Investigates Credit Suisse over hidden Bank Accounts

2020-08-27

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2020-08-27

Credit Suisse
The investigation by federal prosecutors is at the information-gathering stage, looking for evidence of money laundering and whether the Swiss bank acted as an illegal financial intermediary, a spokesman for the prosecutors said on Monday. However, no formal charges have been brought.

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First Skydive from a Solar Electric Plane Accomplished in Switzerland

2020-08-26

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2020-08-26

First Skydive from a Solar Electric Plane
The world’s first skydive off the solar-powered electric plane SolarStratos has been completed successfully in western Switzerland. SolarStratos took off from the aerodrome in Payerne at 7:40am on Tuesday with two people on board: test pilot Miguel Iturmendi and co-pilot Raphaël Domjan.

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Shoppers in Basel must wear face masks to reduce Covid-19 risks

2020-08-23

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2020-08-23

Basel City has become the first German-speaking canton to require customers to wear face masks in shops to combat the spread of the coronavirus.

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Pressure mounts on Swiss refinery Valcambi over questionable gold origins

2020-08-17

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2020-08-17

Industry associations are calling on Switzerland’s largest gold refinery to clarify the origins of its gold purchased from Dubai traders.

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Free trade deals save Switzerland billions, study finds

2020-08-15

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2020-08-15

Swiss consumers and importers saved CHF2.5 billion ($2.7 billion) in 2018 thanks to lower customs duties as part of free trade agreements, a study has revealed.

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Murdoch becomes major shareholder in Swiss MCH group

2020-08-04

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2020-08-04

James Murdoch, the son of media tycoon Rupert Murdoch, has been elected to the board of directors of the leading Swiss exhibitions group, MCH.

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Swiss care homes and hospitals charged for mouldy masks

2020-07-28

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2020-07-28

Expired, foul-smelling masks cost nearly a franc apiece for facilities in canton Bern at the start of the coronavirus crisis. As a healthcare worker told Swiss public radio, SRF, on Monday, some of the masks they had received earlier this year had to be recalled because they were covered in mildew.

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Swiss business raided over Fiat-Iveco ‘Dieselgate’ probe

2020-07-26

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2020-07-26

Investigators have searched offices of car giant Fiat Chrysler and truck maker CNH Industrial in Switzerland, Germany and Italy as part of a German-led probe into suspected illegal manipulation of diesel emissions.

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Group challenges law behind Covid-19 tracing app

2020-07-23

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2020-07-23

A committee has launched a referendum against changes made to the Epidemics Act to allow the introduction of the SwissCovid tracing app. The citizens say they’re concerned about data security.

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Swiss banks eye Hong Kong clients for pro-democracy ties

2020-07-22

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2020-07-22

Global wealth managers are examining whether their clients in Hong Kong have ties to the city’s pro-democracy movement, in an attempt to avoid getting caught in the crosshairs of China’s new national security law, according to six people with knowledge of the matter.

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Mandatory masks well accepted on Swiss public transport

2020-07-21

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2020-07-21

Passengers on Swiss trams, buses, and trains have adapted well since a rule requiring face masks was introduced a fortnight ago. However, boat operating companies say they are losing business.

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Embattled Swiss watch industry targets mainland China

2020-07-19

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2020-07-19

The absence of tourists due to Covid-19 will have significant negative repercussions on the Swiss watch industry. In an attempt to make up for this loss of income, manufacturers are focusing their activities more on mainland China as well as easing off the bling.

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