Financial Crime World

Swiss News Highlights

Top Stories

  • Roche Dethrones Nestlé as Most Valuable Swiss Company: Roche has surpassed Nestlé to become the most valuable Swiss company, with a market capitalization of CHF 250 billion.
  • World’s Largest Swiss Flag Returns for National Day: The world’s largest Swiss flag has returned to Zermatt to celebrate national day on August 1st.

Sports

  • Swiss President Favourable towards Hosting 2038 Winter Olympics: Switzerland’s president has expressed support for hosting the 2038 Winter Olympics, citing the country’s strong infrastructure and experience in hosting international events.
  • Swiss Police and Dog Team Sent to Assist Paris Olympics Security: A team of Swiss police officers and their canine companions have been dispatched to help secure the upcoming Paris Olympics.

Crime and Safety

  • Five People Charged in Connection with Deadly Swiss Rockslide: Authorities have brought charges against five individuals related to a deadly rockslide that occurred in Switzerland earlier this year.
  • Mountaineer Dies after 100-metre Fall from Matterhorn: A climber fell approximately 100 meters from the iconic Matterhorn mountain, resulting in fatal injuries.

Politics and Crime

  • Police Seize Weapons in Franco-Swiss Cross-Border Raid: Law enforcement officials conducted a joint operation with their French counterparts to seize illicit firearms across the border.
  • Swiss Court Ruling: Only Mothers Have Legal Say in Abortion Cases: A recent court decision has established that only mothers have the legal right to decide on an abortion in Switzerland.

Olympics and Finance

  • Shooter and Mountain-Biker to Carry Swiss Flag at Olympics Opening: Two athletes, a shooter and a mountain-biker, will represent Switzerland by carrying the national flag during the opening ceremony of the Olympics.
  • UBS Questioned by US Senator over $350 Million Tax Evasion Case: UBS has been summoned to testify before a US Senate committee regarding allegations of tax evasion related to a CHF 350 million case.