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Swiss court convicts 2 PetroSaudi executives in fallout from Malaysian fund scandal

Swiss court convicts 2 PetroSaudi executives in fallout from Malaysian fund scandal

GENEVA — Switzerland’s federal criminal court on Wednesday convicted two top managers of a Saudi oil company on charges including fraud and money laundering in a vast scam that swiped at least $1.8 billion from a Malaysian state-owned investment fund. PetroSaudi executive Tarek Obaid, a Saudi-Swiss dual national, received a seven-year sentence and British-Swiss associate...

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Hermès heir’s B fortune has seemingly vanished after he vowed to award huge chunk to his gardener

Hermès heir’s $13B fortune has seemingly vanished after he vowed to award huge chunk to his gardener

The multibillion-dollar fortune belonging to the reclusive Hermès heir has seemingly vanished months after he promised to donate a large chunk of his colossal inheritance to his gardener. Nicolas Puech, 81, the largest individual shareholder of the French fashion house, was told by a Swiss court on July 12 that his wealth manager, Eric Freymond, cannot be...

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Sudan paramilitary leader plans to attend cease-fire talks in Switzerland hosted by US, Saudi Arabia

Sudan paramilitary leader plans to attend cease-fire talks in Switzerland hosted by US, Saudi Arabia

GENEVA – Sudan’s paramilitary leader has announced plans to attend cease-fire talks in Switzerland next month arranged by the United States and Saudi Arabia. Gen. Mohammed Hamdan Dagalo, head of the Rapid Support Forces fighting Sudan’s army, expressed hope on social media late Tuesday that the talks would become “a major step” toward peace and...

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Switzerland set to use controversial portable suicide pods ‘within months’

Switzerland set to use controversial portable suicide pods ‘within months’

After introducing a breakthrough method for assisted dying, Sarco is now set to use its suicide pods for first time ever. The first use of a portable suicide pod will be carried out in Switzerland this year, potentially within months to come, the company said on Wednesday. The space-age-looking Sarco capsule was first unveiled in...

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At least seven dead after ferocious storms lash France, Switzerland and Italy

At least seven dead after ferocious storms lash France, Switzerland and Italy

At least seven people died as ferocious and torrential rain lashed France, Switzerland, and  Italy, the news agency AFP reported early Monday (July 1) citing authorities. Police in Switzerland said that three people died after torrential rain triggered a landslide in southeastern Switzerland. Elsewhere in the country, a man was found dead in a hotel in Saas-Grund in the...

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At least two dead as storms in Switzerland cause flooding and landslide

At least two dead as storms in Switzerland cause flooding and landslide

Storms in southern Switzerland caused a landslide that left two people dead and one missing, and a bridge over a small river collapsed, police said on Sunday. Storms and heavy rain affected southern and western Switzerland on Saturday and overnight, with the worst-hit areas in the Italian-speaking Ticino canton (state), on the southern side of...

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Storms in Switzerland cause flooding and a landslide that left at least 2 people dead

Storms in Switzerland cause flooding and a landslide that left at least 2 people dead

BERLIN — Storms in southern Switzerland caused a landslide that left two people dead and one missing, and a bridge over a small river collapsed, police said Sunday. Storms and heavy rain affected southern and western Switzerland on Saturday and overnight, with the worst-hit areas in the Italian-speaking Ticino canton (state), on the southern side...

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One person found dead and two missing in Switzerland floods

One person found dead and two missing in Switzerland floods

VIENNA (AP) — Rescuers in Switzerland have found the body of one of three people who had gone missing on Saturday after massive thunderstorms and rainfall in the southeast of the country caused a rockslide, Swiss authorities say. The other two are still missing. One woman was pulled out alive from the rubble earlier on...

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Latest News, Live Updates Today June 23, 2024: Heavy rain triggers floods, landslides in Switzerland, 1 killed

Latest News, Live Updates Today June 23, 2024: Heavy rain triggers floods, landslides in Switzerland, 1 killed

Follow all the updates here: June 23, 2024 11:53 PM IST World News Live Updates: Heavy rain triggers floods, landslides in Switzerland, 1 killed A team of 200 rescuers has been searching for the missing since Saturday with excavators, specially-trained search dogs, drones and army helicopters. Read the full story here June 23, 2024 11:41...

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Four members of Hinduja family given prison sentences for exploiting workers

Four members of Hinduja family given prison sentences for exploiting workers

A Swiss criminal court on Friday sentenced four members of the wealthy Hinduja family to between four and four and a half years in prison for exploiting their vulnerable domestic workers. The court at the same time threw out the more severe charges of human trafficking. The four — Indian-born tycoon Prakash Hinduja and his...