Police monitor a protest in Geneva KEYSTONE/© KEYSTONE / SALVATORE DI NOLFI The civil rights watchdog Amnesty International has criticised Switzerland for not fully respecting the right of citizens to peacefully protest. This content was published on April 24, 2024 – 09:48 The NGO released its annual report as the world reaps the consequences of...
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Planned cuts to education and research funding in Switzerland spark concerns – SWI swissinfo.ch
A researcher at the Swiss Federal Institute of Aquatic Science and Technology (Eawag) in Dübendorf, near Zurich. Keystone/Gaetan Bally Switzerland is often ranked as one of the world’s most innovative and competitive countries, with a reputation for excellence in science and education. But financial pressures have squeezed the upcoming federal education, research and innovation budget....
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Switzerland’s Marco Sieber officially appointed ESA astronaut
“Becoming an astronaut has always been a dream for me, but not really a realistic dream,” said Sieber after receiving his diploma. Keystone/Alessandro della Valle Switzerland once again has a full-fledged astronaut. Marco Sieber from Bern officially joined the astronaut corps of the European Space Agency (ESA) on Monday after completing basic astronaut training in...
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Zurich football fans gather in city centre after part of stadium is closed off
Police were out in force as over 1,000 FC Zurich fans assembled in front of the city’s main train station. Ennio Leanza / Keystone Over 1,000 fans of the Zurich Football Club gathered in the centre of the Swiss city on Sunday afternoon, causing delays in public transport. They planned to march to the Letzigrund...
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Anti-Semitism ‘played no role’ in Raiffeisen Switzerland bank business
A suggestion was made to rename Raiffeisenplatz, where the bank’s headquarters are located. Keystone/Gaetan Bally The Raiffeisen banking group has no history of prejudicial business behaviour against Jews in Switzerland despite the anti-Semitic views of its German founder, according to a report that was commissioned by the company. This content was published on April 19,...
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Record-breaking Switzerland: from the world’s steepest railway to the largest igloo – SWI swissinfo.ch
The steepest point on the Stoos funicular railway is 110%, about 47 degrees Keystone/ Urs Flueeler A Swiss train last week set a world record by travelling almost 3,000 kilometres without refuelling. But Switzerland is home to many other technological records. Here are some of the most impressive – and surprising – ones. This content...
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Retail sales drop in Swiss sports market
Sales of hard goods such as skis, helmets and fitness equipment dropped by 3% KEYSTONE/© KEYSTONE / CHRISTIAN BEUTLER The Swiss sports market shrank in 2023 after two strong years. Fewer hard goods such as skis and rucksacks were bought, as were textiles. However, more shoes were purchased than in the previous year. This content...
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Switzerland braced for wave of bank staff layoffs
Redundancies at Switzerland’s largest bank will test the capacity of the financial sector to absorb jobs. Keystone A year ago Credit Suisse staff were stunned by the sudden demise of their bank. Many are now fighting for their careers with 3,000 Swiss posts set to be axed by their new employer UBS, starting this year....
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Pharma: Novartis announces job cuts in the development division – SWI swissinfo.ch
Novartis currently employs 10,400 people in Switzerland, 3,000 of whom work in the development department. KEYSTONE/© KEYSTONE / GEORGIOS KEFALAS The pharmaceutical company Novartis is facing job cuts. The development division will be affected, as the company announced on Tuesday. This content was published on April 10, 2024 – 09:35 In Switzerland, 400 to 440...
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UBS finalises transfer of Credit Suisse securitisation business to Apollo – SWI swissinfo.ch
Under the new deal, announced on Wednesday, Apollo Global Management will purchase from UBS $8 billion of “senior secured financing facilities” as part of the Swiss bank’s efforts to wind down its non-core legacy portfolio KEYSTONE/© KEYSTONE / ENNIO LEANZA UBS Group and Apollo Global Management have reached an agreement regarding the carveout of Credit Suisse’s...
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UNRWA head calls on Switzerland to resume financial support
UNRWA head Lazzarini met with Swiss politicians. KEYSTONE/© KEYSTONE / SALVATORE DI NOLFI The director of the UN Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), Philippe Lazzarini, has called on Switzerland and the European Union to resume their support for the organisation. This content was published on March 26, 2024...
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Esprit Switzerland stores to close after bankruptcy – SWI swissinfo.ch
Esprit complained that the cost of renting high street units was too high. KEYSTONE/© KEYSTONE / CHRISTIAN BEUTLER The Swiss branch of the popular high-street fashion retailer Esprit has gone bust, it was announced on Tuesday. This content was published on March 26, 2024 – 15:52 Do you want to read our weekly top stories?...