Long shadow of Russian money raises tricky questions for Swiss bankers
2022-06-21
January used to be a big month for Swiss bankers and their Russian clients. Many of the Moscow elite had made a tradition of coming to the Alps for the orthodox new year, skiing with their families, then catching up with their financial consiglieri.
Trafigura posts record half-year profit as commodities volatility intensifies
2022-06-14
Geneva-based Trafigura reported record half-year profits as volatility and disruption in commodity markets, exacerbated by the war in Ukraine, supercharged earnings for the world’s biggest traders.
Sustainable investments boom in Switzerland
2022-06-09
The volume of sustainable investments in Switzerland increased by almost a third last year, reaching an all-time high of CHF1.98 trillion ($2 trillion).
Swiss supermarket products for children have too much sugar
2022-05-30
The overwhelming majority of products with packaging designed to appeal to children contain too much sugar, salt or fat, report Le Matin Dimanche and SonntagsZeitung newspapers.
How canton Ticino became a democracy pioneer in Europe
2022-05-17
History books often point to the second French Revolution in July 1830 as the start of a democratising wave that swept Europe, including Switzerland. What is often overlooked is the role of canton Ticino, which pioneered many of the ideas at the heart of these revolutions.
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Absurdist pop pioneer Yello wins Swiss music prize
2022-05-14
The Swiss electronic duo Yello – Dieter Meier and Boris Blank – will receive the Grand Prix Music 2022, presented by the Federal Office of Culture and worth CHF100,000 ($100,400).
Stop organic farming to help future food crisis, says Syngenta boss
2022-05-09
Erik Fyrwald, the CEO of the Swiss agrochemicals group Syngenta, has called for an end to organic farming to avoid a worsening food crisis. The president of the Swiss Small Farmers’ Association meanwhile dismissed his arguments as “grotesque”.
Swiss Post Office bounces back from pandemic difficulties
2022-03-11
The Swiss Post Office more than doubled profits to CHF457 million ($493 million) last year as it was less affected by pandemic restrictions.