The Latest Breaking News from Switzerland

What is Credit Suisse, why is it so significant and who rescued it from collapsing?

As Switzerland’s second biggest lender, Credit Suisse was considered one of the top 30 most important banks in the world

Evening Standard · Mar 20, 2023

Yemen's conflict parties reach deal to release 887 detainees

The two sides in Yemen's conflict agreed to free 887 detainees and to meet again in May after 10 days of negotiations in Switzerland, the United Nations and the International Committee of the Red Cross said on Monday.

Reuters · Mar 20, 2023

Europe's hopes for busy post-COVID summer dim as Chinese tourists stay away

Urs Kessler, who runs Jungfrau Railways, a train that takes tourists up the highest mountain in Switzerland, was excited for the return of Chinese tourists after COVID-19 restrictions were lifted late last year.

Reuters · Mar 20, 2023

Cyber leader

The International Telecommunication Union and the UN recently hosted WSIS Prizes 2023. Advanced Info Service (AIS) showcased its Aunjai cyber capabilities and won in the category of programs using technology to build confidence and security in the use of ICT. Saichon Submakudom, second from right, head of PR at AIS,…

Bangkok Post · Mar 18, 2023

Near 'cliff's edge,' Credit Suisse not seen as systemic risk

Longtime troubles at Credit Suisse have come to a head this week with a record stock plunge that spread fears of a banking crisis jumping from the U.S. to Europe

The Independent UK · Mar 17, 2023

Man City handed tricky Champions League quarter-final and potential semi-final opponents

The draw for the Champions League quarter-finals and semi-finals took place in Switzerland on Friday morning.

Manchester Evening News · Mar 17, 2023

Nicholas Goldberg: Whose cheese is it anyway? The Swiss ponder the international politics of gruyere

Switzerland is a small country that is not known for too many things. It's got its cheese, its banks, its mountains, its neutrality, its watches, its pocketknives and its chocolate.

Los Angeles Times · Mar 17, 2023

Newcastle United star Fabian Schar 'injured' and not included in Switzerland squad

The centre-back is not involved for Euro 2024 qualifiers against Belarus and Israel

Chronicle Live · Mar 16, 2023

OPINION - The Standard View: Go big and and act fast – the lessons learned from the global financial crisis

Shares in Credit Suisse lost more than a quarter of their value at one stage yesterday after the Swiss bank said it had identified “material weakness” in its financial reporting. The institution revealed that it would borrow up to 50 billion Swiss francs (£35 billion) from Switzerland’s central bank to…

Evening Standard · Mar 16, 2023

Credit Suisse shares soar after the bank secures a $54 billion lifeline

Shares of the Swiss banking giant rallied significantly Thursday after Switzerland's central bank agreed to lend it $54 billion.

WEKU · Mar 16, 2023