Latest Zurich News

Credit Suisse fined for facilitating cocaine cash laundering

Jun. 27, 2022 16:20 PM EDT

ZURICH (AP) — A Swiss court on Monday said it has fined Credit Suisse more than $2 million for failing to prevent money laundering linked to a Bulgarian criminal organization a decade-and-a-half ago. The court also ordered the confiscation of the equivalent of more than $12 million...

Blatter, Platini face 20-month suspended jail sentences

Jun. 15, 2022 12:27 PM EDT

GENEVA (AP) — Prosecutors in the fraud trial of former FIFA president Sepp Blatter and vice president Michel Platini asked Wednesday for both men to get 20-month suspended prison sentences. Blatter and Platini, a former France national team captain who was president of European...

25 treated after people walk over hot coal in Switzerland

Jun. 15, 2022 03:32 AM EDT

GENEVA (AP) — Twenty-five people have been treated for burns after walking on hot coal in northern Switzerland, according to police. Emergency services were alerted to injuries at a private event on the Au peninsula on Lake Zurich Tuesday evening, Zurich canton (state) police said...

German, Swiss authorities detain 4 accused of supporting IS

Jun. 14, 2022 06:00 AM EDT

BERLIN (AP) — Germany and Swiss authorities have carried out a joint operation to detain four people who are accused of membership in or support of the Islamic State group, officials said Tuesday. One man was detained in Germany on Monday. He is accused of having prepared a serious...

Blatter, Platini finally going to court in FIFA fraud trial

Jun. 06, 2022 09:14 AM EDT

GENEVA (AP) — Sepp Blatter and Michel Platini’s 11-day trial on charges of defrauding FIFA starts Wednesday — finally bringing the epic downfall of soccer’s former world leaders into criminal court. The fallout from the case ousted Blatter ahead of schedule as president of...

DAVOS DIARY: Train, not plane means scenery, carbon cutting

May. 22, 2022 08:39 AM EDT

DAVOS, Switzerland (AP) — If you’re coming to Davos this year, try to take the train instead of flying, organizers of the World Economic Forum said. So I did. That meant a 12-hour journey from London to the exclusive gathering in the Swiss Alps, which I'm helping...