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Switzerland’s largest online retailer trials stablecoin e-commerce

This content was published on Aug 27, 2020 Swiss online retailer Digitec Galaxus is poised to accept a new cryptocurrency for payments. A test transaction has shown the DCHF stablecoin, issued by Swiss bank Sygnum, to be just as viable as bitcoin and other cryptocurrencies already accepted by Switzerland’s largest online retailer.

EFG was one of the few Swiss private banks to engage in takeover or merger activity last year.

Swiss private banks brace for coronavirus impact

This content was published on Aug 26, 2020 The Swiss private banking sector saw a resurgence in fortunes last year but faces an uncertain future.

World Economic Forum postponed due to Covid-19

This content was published on Aug 26, 2020 Next year’s World Economic Forum (WEF) has been postponed from its traditional January slot as a result of the coronavirus pandemic.

First ‘Swiss made’ smartwatch to make its debut

This content was published on Aug 25, 2020 Swiss watchmaker Tissot will release a connected watch model in September that features an operating system developed in Switzerland.

Rejected asylum seeker sentenced for raping Swiss student

This content was published on Aug 25, 2020 A Syrian man whose asylum application was rejected has been sentenced to eight years in prison for rape by a Zurich court and will be deported.

Credit Suisse-owned bank brand disappears in savings drive

This content was published on Aug 25, 2020 Switzerland’s second-largest bank will ditch its subsidiary, Neue Aargauer Bank (NAB), as part of plans to save CHF100 million ($110 million) in annual costs. Credit Suisse group plans to reduce its number of branches from 146 to 109 and prioritise its digital services.

First skydive from a solar electric plane accomplished in Switzerland

This content was published on Aug 25, 2020 The world’s first skydive off the solar-powered electric plane SolarStratos has been completed successfully in western Switzerland.

Holocaust survivor and activist Gábor Hirsch dies in Switzerland

This content was published on Aug 25, 2020 The Hungary-born founder and former president of the Swiss Contact Point for Holocaust Survivors died on Thursday in Zurich at the age of 90.

Belgium investigates Credit Suisse over hidden bank accounts

This content was published on Aug 24, 2020 Belgian prosecutors have launched an investigation into whether Swiss bank Credit Suisse helped Belgians hide money in Swiss accounts.

Glencore backs cobalt mining pact in Democratic Republic of Congo

This content was published on Aug 24, 2020 Glencore has backed a new alliance to support small-scale cobalt mining in the Democratic Republic of Congo.

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Switzerland’s largest online retailer trials stablecoin e-commerce

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Swiss private banks brace for coronavirus impact

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World Economic Forum postponed due to Covid-19

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First ‘Swiss made’ smartwatch to make its debut

More

Rejected asylum seeker sentenced for raping Swiss student

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Credit Suisse-owned bank brand disappears in savings drive

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First skydive from a solar electric plane accomplished in Switzerland

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Holocaust survivor and activist Gábor Hirsch dies in Switzerland

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Belgium investigates Credit Suisse over hidden bank accounts

More

Glencore backs cobalt mining pact in Democratic Republic of Congo

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