A public person in a private country: Tina Turner reveled in ‘normal’ life in her Swiss home
May 25, 2023 GMTKUESNACHT, Switzerland (AP) — In her adoptive country, Tina Turner was more than just a swivel-hipped rock, R&B and pop superstar. She unapologetically moved to Switzerland for its discretion and calm, carrying her very public persona into a very private country.
Swiss gov’t favors compensation for journalistic ‘snippets’ posted by online services
May 24, 2023 GMTGENEVA (AP) — Switzerland's executive branch says it favors changes to copyright law to require large online service providers — including social media platforms and search engines — to pay media companies for use of their journalistic content, even small excerpts known as “snippets.”
TAMPERE, Finland (AP) — Sweden routed newcomer Hungary 7-1 Thursday for its fourth victory at the ice hockey world championship.
Jacob de la Rose scored twice for Sweden at the Nokia Arena. The Swedes are second in Group A with 11 points, one point behind the United States.
Cardiff pursues $100M compensation from Nantes for plane crash death of Emiliano Sala
May 16, 2023 GMTCARDIFF, Wales (AP) — Four years after the plane crash that killed soccer player Emiliano Sala, Welsh club Cardiff City is seeking about $120 million in compensation from the player's former team.
BERN, Switzerland (AP) — A parliamentary committee in Switzerland on Thursday recommended easing export controls for Swiss-made war materiel to help prop up the domestic defense industry as Western neighbors urge the country to do more to help Ukraine defend itself against Russia.
Stock market today: Asia mixed after Wall St sinks
May 5, 2023 GMTBEIJING (AP) — Asian stock markets were mixed Friday after Wall Street sank on worries about the health of U.S. banks that are under pressure from interest rate hikes.
Shanghai declined while Hong Kong and Sydney advanced.
At UN, world’s divided nations agree there’s little trust
May 3, 2023 GMTUNITED NATIONS (AP) — The world’s divided nations agreed Wednesday on one thing: There is a lack of trust in a world beset by conflicts and crises.
Diplomats at the U.N. Security Council presented ideas on how to move toward a more peaceful future — a task they see as difficult, but not impossible.
Ukraine war looms over Switzerland UN presidency
May 2, 2023 GMTUNITED NATIONS (AP) — Russia couldn’t escape its war against Ukraine during its highly contentious presidency of the U.N.
Swiss to erect 1st national memorial honoring Nazi victims
April 26, 2023 GMTGENEVA (AP) — Switzerland's executive body agreed Wednesday to help pay for the country's first national memorial to honor the six million Jews and other victims of the Holocaust and Nazi persecution.
Swiss indict 2 managers of Saudi oil company in 1MDB scandal
April 25, 2023 GMTGENEVA (AP) — Swiss prosecutors said Tuesday they have indicted two managers of a Saudi oil exploration company as part of a yearslong international investigation of a scandal linked to a Malaysian sovereign wealth fund that the FBI once described as the “biggest kleptocracy case” ever.
Credit Suisse saw $69 billion in outflows at start of 2023
April 24, 2023 GMTGENEVA (AP) — Ailing bank Credit Suisse on Monday reported over 61 billion Swiss francs (nearly $69 billion) in outflows in the first three months of the year, when Switzerland’s government arranged for its takeover by rival UBS, and said clients are still withdrawing assets.
Swiss charge Gambia ex-minister with crimes against humanity
April 18, 2023 GMTBERLIN (AP) — Swiss prosecutors said Tuesday they have charged a former interior minister of Gambia with crimes against humanity for his alleged role in years of repression by the west African country's security forces against opponents of its longtime dictator.
Elisabeth Kopp, first woman in Swiss Cabinet, dies at 86
April 14, 2023 GMTGENEVA (AP) — Elisabeth Kopp, an advocate of equal rights and the environment who was the first woman elected to Switzerland's seven-member executive branch, has died. She was 86.
Kopp died April 7 in the town of Zumikon, near Zurich, from complications related to an unspecified “long illness,” the federal chancellery said Friday.
Credit Suisse rescue rebuked by half of Swiss parliament
April 12, 2023 GMTGENEVA (AP) — Switzerland's lower house of parliament issued a searing — though symbolic — rebuke Wednesday of an emergency plan spearheaded by the executive branch to prop up embattled Credit Suisse and shepherd it into a takeover by Swiss banking rival UBS.
Moderna, TSR fall; CarMax, Coinbase rise
April 11, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
Moderna, Inc., down $4.90 to $155.25.
The COVID-19 vaccine developer said its potential flu vaccine needs more study in a late-stage clinical trial.
Swiss lawmakers pick apart Credit Suisse woes ahead of deal
April 11, 2023 GMTGENEVA (AP) — Switzerland’s parliament opened a special session Tuesday to scrutinize the state-imposed takeover of Swiss bank Credit Suisse by rival UBS — and consider strengthening the legal arsenal to better gird against financial blowups.
UBS confident about Credit Suisse deal despite ‘huge’ risk
April 5, 2023 GMTGENEVA (AP) — The UBS chairman voiced confidence Wednesday that the Swiss bank will succeed in a government-engineered takeover of hobbled rival Credit Suisse, pledging the deal will reduce costs, benefit shareholders and buttress Swiss finance despite “huge” risks in knitting the global lenders together.
Swiss prosecutors probe Credit Suisse ahead of UBS takeover
April 3, 2023 GMTGENEVA (AP) — The Swiss attorney general’s office says it has opened a probe into the events surrounding embattled bank Credit Suisse, which is to be taken over by rival UBS.
Credit Suisse takeover hits heart of Swiss banking, identity
April 1, 2023 GMTGENEVA (AP) — The UBS takeover of embattled rival Credit Suisse has shaken Switzerland’s self-image and dented its reputation as a global financial center, analysts say, warning that the country’s prosperity could grow too dependent on a single banking behemoth.
Saudi National Bank chair resigns after Credit Suisse storm
March 27, 2023 GMTDUBAI, United Arab Emirates (AP) — The chairman of Saudi National Bank has resigned for “personal reasons,” a regulatory filing said Monday, just after his comments on Credit Suisse sent that firm's stock cratering and ultimately saw rival UBS to acquire the firm.
Officer shot in German police raids on suspected extremists
March 22, 2023 GMTBERLIN (AP) — German investigators carried out raids on Wednesday related to an alleged coup plot involving supporters of a far-right movement, authorities said. A police officer was shot in the arm during one of the searches.
Swiss suspend bonus payouts to Credit Suisse staffers
March 21, 2023 GMTGENEVA (AP) — Switzerland's government said Tuesday that it's ordering Credit Suisse to temporarily suspend bonuses for employees after orchestrating a plan for the No.
Swiss soccer player agents file challenge to FIFA rules
March 21, 2023 GMTGENEVA (AP) — FIFA is facing another legal challenge to its new rules regulating player agents, this time in its home country Switzerland.
A group of Swiss agents has asked the federal competition commission to intervene with the FIFA Football Agent Regulations, which are being phased in this year and will cap the fees earned from player salaries and transfers.
Yemeni sides say deal reached to free nearly 900 prisoners
March 20, 2023 GMTCAIRO (AP) — Yemen’s warring sides said Monday they agreed to release nearly 900 prisoners of war in a U.N.-brokered deal amid international efforts to end the yearslong conflict.
The deal on a prisoner exchange capped 10 days of intensive talks in Switzerland between Yemen’s internationally recognized government and the Houthi rebels.
Near ‘cliff’s edge,’ Credit Suisse not seen as systemic risk
March 17, 2023 GMTGENEVA (AP) — Longtime troubles at Credit Suisse came to a head this week with a record stock plunge that spread fears of a banking crisis jumping from the U.S.
Norwegian skiers edge Switzerland in team event at finals
March 17, 2023 GMTSOLDEU, Andorra (AP) — Norway won the mixed team parallel event at the World Cup Finals on Friday after Timon Haugan beat his Swiss opponent Semyel Bissig in the decisive run.
Livio Simonet and Andrea Ellenberger gave Switzerland a 2-1 lead in the final, but Haugan’s triumph handed Norway the victory as its faster run times broke a 2-2 tie.
Report: Qatar spied on Swiss prosecutor, FIFA boss meeting
March 12, 2023 GMTGENEVA (AP) — A spying operation on behalf of World Cup host Qatar bugged a 2017 hotel meeting between FIFA president Gianni Infantino and Switzerland’s then-attorney general during an investigation of soccer officials, Swiss daily Neue Zürcher Zeitung said Sunday.
Toblerone drops iconic design due to rules on ‘Swissness’
March 6, 2023 GMTGENEVA (AP) — The makers of Toblerone are stripping images of Switzerland's famed Matterhorn and the Swiss flag from the packaging of the milk-chocolate treat as they move some production to Slovakia.
Odermatt wins World Cup super-G, secures title in discipline
March 5, 2023 GMTASPEN, Colo. (AP) — Marco Odermatt of Switzerland wrapped up another World Cup super-G title by winning the race in Aspen on Sunday with a smooth run through a challenging course.
Odermatt has been dominant all season in the super-G, taking five of the seven World Cup races.
Shiffrin dominates training as she eyes Stenmark’s record
March 1, 2023 GMTAmerican skier Mikaela Shiffrin dominated downhill training in Norway on Wednesday ahead of what could become another record-breaking weekend.
Swiss regulator: Credit Suisse made ‘serious breach’ of law
February 28, 2023 GMTGENEVA (AP) — Swiss regulators have found that Credit Suisse made a “serious breach” of law in connection with a now-bankrupt firm linked to Australian financier Lex Greensill and have opened a probe that could lead to penalties against four former bank managers.
Women’s World Cup downhill canceled after fog delays
February 25, 2023 GMTCRANS-MONTANA, Switzerland (AP) — A downhill race in the women’s World Cup was canceled Saturday after initially being delayed for two hours because of fog over the course.
The downhill is now set for Sunday, taking the place of a super-G which was scheduled, race organizers said.
Skating body joins appeal for Valieva doping ban
February 22, 2023 GMTLAUSANNE, Switzerland (AP) — The International Skating Union is following the World Anti-Doping Agency in appealing the decision not to ban Russian figure skater Kamila Valieva over the doping case which overshadowed last year's Beijing Olympics.
Sweden emerges as sudden front-runner to host 2030 Olympics
February 15, 2023 GMTGENEVA (AP) — Sweden emerging as the front-runner in a troubled search for a 2030 Olympics host is as much a surprise in Stockholm as elsewhere.
The year started with Sweden not on the radar of a Winter Games race where longtime favorite Sapporo faded during a criminal investigation of alleged bribery linked to the recent Tokyo Olympics.
Norwegian skiers collect 3 of 6 medals in parallel at worlds
February 15, 2023 GMTMERIBEL, France (AP) — Norwegian skiers collected three of the six medals in the individual parallel events at the Alpine skiing world championships on Wednesday.
Maria Therese Tviberg of Norway and Alexander Schmid of Germany won gold in the women’s and men’s races, respectively.
Oil, mining giant Glencore posts record profit for 2022
February 15, 2023 GMTGENEVA (AP) — Mining, oil and metals giant Glencore posted record profits last year on soaring demand for energy products, saying Wednesday that it will pay out more than $7 billion to shareholders.
Man with explosives arrested outside Swiss parliament
February 14, 2023 GMTGENEVA (AP) — Police in Switzerland's capital evacuated Parliament and related offices Tuesday after a man in a bulletproof vest was arrested near one of its entrances and found to be bearing explosives.
Garrett Motion: Q4 Earnings Snapshot
February 14, 2023 GMTROLLE, Switzerland (AP) — ROLLE, Switzerland (AP) — Garrett Motion Inc. (GTX) on Tuesday reported fourth-quarter earnings of $112 million.
The Rolle, Switzerland-based company said it had net income of 23 cents per share.
Credit Suisse posts $1.4B pre-tax loss as woes go on in 4Q
February 9, 2023 GMTGENEVA (AP) — Credit Suisse on Thursday reported a pre-tax loss of more than 1.3 billion Swiss francs (about $1.4 billion) in the fourth quarter of last year, as its new managers vie to right the top-drawer Swiss bank that has faced a string of setbacks in recent years.
Swiss lawmakers visit Taiwan, say they want closer ties
February 6, 2023 GMTTAIPEI, Taiwan (AP) — A group of Swiss lawmakers met with Taiwan’s president and said Monday their government wants to deepen political relations, adding to shows of support by foreign politicians for the self-ruled island democracy in the face of Chinese intimidation.
Russian millionaire on trial in hack, insider trade scheme
January 30, 2023 GMTBOSTON (AP) — A wealthy Russian businessman and associates made tens of millions of dollars by cheating the stock market in an elaborate scheme that involved hacking into U.S. computer networks to steal insider information about companies such as Microsoft and Tesla, a prosecutor told jurors on Monday.
Panel seeks to allow re-exports of Swiss weaponry to Ukraine
January 25, 2023 GMTGENEVA (AP) — A parliamentary panel in Switzerland has recommended waiving a law that bars countries from re-exporting Swiss armored vehicles, weapons and other war materiel to Ukraine for its defense against Russia, insisting the move would not violate the country's much-vaunted neutrality.
Wawrinka back in Swiss team to face Germany in Davis Cup
January 23, 2023 GMTBERN, Switzerland (AP) — Three-time Grand Slam champion Stan Wawrinka is back in the Switzerland team for the Davis Cup next week, returning after a seven-year gap from a competition he won playing with Roger Federer in 2014.
MATCHDAY: Bundesliga resumes after 2-month winter break
January 19, 2023 GMTBy The Associated Press (AP) — A look at what’s happening in European soccer on Friday:
GERMANY
The Bundesliga resumes after its unprecedented two-month winter break with league leader and 10-time defending champion Bayern Munich visiting Leipzig.
Rohan Dennis leads Tour Down Under after dramatic 2nd stage
January 19, 2023 GMTADELAIDE, Australia (AP) — Former champion Rohan Dennis has taken the overall lead in the Tour Down Under cycling race after winning the second stage Wednesday which ended the hopes of the previous leaders.
Yellen to meet with Chinese finance minister in Switzerland
January 16, 2023 GMTWASHINGTON (AP) — Treasury Secretary Janet Yellen will meet with her Chinese counterpart, Vice Premier Liu He, in Switzerland on Wednesday to discuss economic developments between the two nations.
Kristoffersen wins World Cup slalom, completes Norway sweep
January 15, 2023 GMTWENGEN, Switzerland (AP) — Henrik Kristoffersen raced through steady falling snow to win a World Cup slalom Sunday and give Norway a three-race weekend sweep.
For the third straight day, in three different disciplines, a Norwegian won with a home Swiss racer runner-up.
Kilde dominates World Cup downhill in big win over Odermatt
January 14, 2023 GMTWENGEN, Switzerland (AP) — The dominant men’s downhill racer is Aleksander Aamodt Kilde — clearly.
Kilde won Switzerland’s marquee World Cup race Saturday by a big margin for his fourth win in six downhills this season.
Kilde wins World Cup super-G, edges home Swiss racers
January 13, 2023 GMTWENGEN, Switzerland (AP) — Aleksander Aamodt Kilde spoiled a Swiss party by winning a World Cup super-G on the country's storied Lauberhorn course on Friday.
The Norwegian blew kisses to the noisy local fans in the finish area after edging home racers Stefan Rogentin and Marco Odermatt.
Braathen beats boyhood buddy McGrath to win World Cup slalom
January 8, 2023 GMTADELBODEN, Switzerland (AP) — Close friends since childhood, Lucas Braathen and Atle Lie McGrath fulfilled their shared dream Sunday by finishing 1-2 in a World Cup ski race.
Braathen, who is two days older than his fellow 22-year-old McGrath, got the win in a slalom to extend Norway’s dominating run in the discipline.
Swiss ace Marco Odermatt wins World Cup giant slalom
January 7, 2023 GMTADELBODEN, Switzerland (AP) — Marco Odermatt carried his remarkable streak in giant slalom to another World Cup win Saturday in his home nation’s classic race staged in unseasonably warm weather.
Odermatt, the Olympic champion, protected his first-run lead in fading light and even extended it with the fastest second-leg time to finish 0.73 seconds ahead of Henrik Kristoffersen.
Alpine slopes face snow shortage in unseasonably warm winter
January 2, 2023 GMTGENEVA (AP) — Much of the Alps just don't look right for this time of year. Sparse snowfall and unseasonably warm winter weather in Europe’s central mountains are allowing grass to blanket hillsides across the region, causing headaches for ski slope operators and aficionados of Alpine white.
Bank of England hikes interest rates again but softens pace
December 15, 2022 GMTLONDON (AP) — Britain’s central bank on Thursday raised its key interest rate again but toned down the pace as inflation shows signs of easing, mirroring action by the U.S.
Swiss National Bank hikes key interest rate in line with Fed
December 15, 2022 GMTGENEVA (AP) — The Swiss National Bank raised its key interest rate Thursday, as other central banks in Europe are starting to follow the playbook of the U.S.
Smith, Maier both get bronze 10 months after Beijing Games
December 13, 2022 GMTLAUSANNE, Switzerland (AP) — A second bronze medal will be awarded to end a dispute over third place in women’s skicross at the Beijing Olympics.
Under a settlement reached 10 months after the race — and following a second change in the result — both Fanny Smith of Switzerland and Daniela Maier of Germany will get a bronze medal.
New Orleans port to get $1.8B expansion, governor says
December 12, 2022 GMTNEW ORLEANS (AP) — Major port terminal operators based in New Jersey and Switzerland have committed $800 million toward a planned $1.8 billion container facility on the Lower Mississippi River, Gov.
Swiss climate activists lament election of oil lobbyist
December 7, 2022 GMTBERLIN (AP) — Environmentalists in Switzerland criticized the election Wednesday of a top car and oil industry lobbyist to the country's new government, calling it a “disaster for climate policy.”
Lawmakers picked Albert Roesti of the nationalist Swiss People's Party as one of two new members of the Cabinet, or Federal Council.
Switzerland falls again to first World Cup knockout punch
December 7, 2022 GMTDOHA, Qatar (AP) — Switzerland exited the World Cup at the round of 16 stage, just as it usually does in the modern era.
A 6-1 rout by Portugal on Tuesday left little space for feeling that progress was made, even if the squad was hit by a bout of sickness in Qatar.