5. December 2019

Julius Bär ordered to repay CHF153 million missing German funds

Swiss bank Julius Bär has been ordered to pay CHF153 million ($155 million) to settle a claim that one of its subsidiaries pilfered money from Germany […]
5. December 2019

Failed space flight firm was backed by ‘phantom bank’

The company Swiss Space Systems (S3) received financial backing from a fictitious bank as it unsuccessfully fought against bankruptcy, according to media reports. S3, which promised […]
5. December 2019

French strike disrupts rail traffic with Switzerland 

A national strike in France is causing severe disruptions to high-speed TGV rail traffic between Paris and Switzerland.   Swiss Federal Railways issued an advisory discouraging travel along […]
4. December 2019

Environmental spending and jobs on the rise 

Swiss spending on environmental protection has increased 45% in the last eighteen years, while the number of people employed in the sector has almost doubled.   Environmental […]