Latest Switzerland News

Swiss central bank makes a surprise cut to its key interest rate as others hold steady

Mar. 21, 2024 06:51 AM EDT

GENEVA (AP) — The Swiss National Bank said Thursday that it is trimming its key interest rate, a surprise move that makes Switzerland the first major financial center to announce a cut in recent months. Thomas Jordan, the outgoing SNB chairman, credited the central bank's push to...

Guess: Fiscal Q4 Earnings Snapshot

Mar. 20, 2024 17:01 PM EDT

BIOGGIO, Switzerland (AP) — BIOGGIO, Switzerland (AP) — Guess Inc. (GES) on Wednesday reported fiscal fourth-quarter net income of $115.3 million. On a per-share basis, the Bioggio, Switzerland-based company said it had net income of $1.71. Earnings, adjusted for one-time gains...

Prominent European far-right figure prevented from speaking at an event in Switzerland

Mar. 17, 2024 13:52 PM EDT

BERLIN (AP) — A prominent European far-right figure was prevented from giving a speech at an event in Switzerland and thrown out of the region where it was taking place. Martin Sellner of the Identitarian Movement said in a video posted on social media network X that he had been...

Swiss star Gut-Behrami secures overall and GS titles after finishing 10th at World Cup finals

Mar. 17, 2024 10:29 AM EDT

SAALBACH-HINTERGLEMM, Austria (AP) — Lara Gut-Behrami has completed half of her mission to win four crystal globes this Alpine skiing World Cup season. And the Swiss star hasn't even had to show her best skiing yet. Gut-Behrami secured the overall and giant slalom...

Britain's Vodafone confirms sale of Italian arm to Swisscom for $8.7 billion

Mar. 15, 2024 17:38 PM EDT

LONDON (AP) — British cellphone company Vodafone confirmed Friday that it is selling its Italian business to Switzerland’s Swisscom for 8 billion euros ($8.7 billion) and will hand back half of the proceeds to its shareholders through the buyback of company shares. Vodafone said...

Kate's been the reliable face of a modern monarchy. Now she's at the center of a media backlash

Mar. 12, 2024 14:46 PM EDT

LONDON (AP) — She’s one of the most photographed women in the world. But attention on Kate, the Princess of Wales, hasn’t reached this level since she married Prince William in a fairy-tale wedding in 2011. An announcement from palace officials that Kate, 42, had unspecified...

Russian skater's doping case leaves WADA uneasy and targeting new rules before next Winter Olympics

Mar. 12, 2024 12:41 PM EDT

LAUSANNE, Switzerland (AP) — The doping case of Russian figure skater Kamila Valieva left a “very unpleasant” taste with the World Anti-Doping Agency, which is unhappy that the teenager was the only one punished with a ban while her coaches and entourage have not been sanctioned. ...

Swiss refer Syrian president's uncle to trial for alleged war crimes over 4 decades ago

Mar. 12, 2024 08:16 AM EDT

GENEVA (AP) — Swiss federal prosecutors said Tuesday they have indicted former Syrian Vice President Rifaat Assad, the uncle of the war-battered country's current president, on charges of war crimes and crimes against humanity for allegedly ordering murder and torture more than four decades ago. ...

Missing 5 cross-country skiers found dead near Switzerland's Matterhorn. Search for a sixth persists

Mar. 11, 2024 12:27 PM EDT

GENEVA (AP) — Five cross-country skiers — including members of the same Swiss family — were found dead along a high Alpine ridge after going missing over the weekend near Switzerland’s famed Matterhorn. Swiss police said Monday. Another skier remains missing. Christian...

Shiffrin wins 1st race after six-week injury layoff to lock up World Cup slalom season title

Mar. 10, 2024 11:56 AM EDT

ARE, Sweden (AP) — All Mikaela Shiffrin has been really looking for in her first race back after a six-week injury layoff was “good skiing.” What she got, though, was even by the American star's standards “an insane way to return.” Shiffrin made a triumphant...