The Latest Breaking News from Switzerland

The 18-year-old was killed on Tuesday after an avalanche struck in Meiringen resort, in the canton of Bern

LONDON: The Bank of England joined Norway and Switzerland in hiking interest rates on Thursday to tackle stubbornly-high inflation, though banking-sector turmoil could soon lead to a pause in US tightening as hinted by the Federal Reserve.

Banks are in the news again. Two bank failures in the US, and the forced takeover of Credit Suisse by UBS in Switzerland, have triggered the worst turmoil in the banking sector since the 2008 financial crisis. There’s talk of a lack of trust, of a collapse in confidence, of…

Credit Suisse's customers are feeling a range of emotions after the government orchestrated a takeover of the country’s second-largest bank by rival UBS

The teenager’s body was recovered and police are still searching for a second victim

The British skier, 18, was swept away and killed in an avalanche while out on the slopes in Meiringen, in the Swiss canton of Bern, with another unidentified individual still missing as rescue teams trawl through the snow

‘A monster is born’, say local press, as Credit Suisse takeover by UBS creates bank twice the size of the Swiss economy

The international community welcomed the latest prisoner exchange agreement reached between the legitimate Yemeni government and Iran-backed Houthi militias. The parties agreed to free 887 detainees and to meet again in May after 10 days of negotiations in Switzerland, the United Nations and the International Committee of the Red Cross…

There has been a lot of talk about the risk of financial contagion following the collapse of California’s Silicon Valley Bank. Perhaps too much talk.

Switzerland’s government says it’s ordering Credit Suisse to temporarily suspend bonuses for employees after orchestrating a plan for the No. 2 Swiss bank to be taken over by rival UBS

Officers from the National Surveillance and the Emergency Response units played a key role in exercise Firestorm, that involved officers from eight other countries, including Austria, Belgium, France, Germany, Luxembourg, the Netherlands, Switzerland and the United Kingdom