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Swiss Police Seize 500kg of Cocaine Found Amid Coffee Bean Bags at Nespresso Warehouse
Swiss police say an investigation is underway after workers at a Nespresso warehouse in western Switzerland came upon 500 kilograms (over 1,100 pounds) of cocaine, with a street value of $50 million, as they unloaded coffee beans that had arrived by train.
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Switzerland Joins European Countries in Sanctioning Russia
Switzerland announced on Monday it will sanction Russia over the war in Ukraine.
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Switzerland Joins EU Sanctions Against Russia, Breaks Neutral Status
The Swiss president says Russia’s attack on Ukraine is “unacceptable” and Switzerland will adopt European Union sanctions, including asset freezes, targeting Russians – all but depriving well-heeled Russians of access to one of their favorite havens to park their money.
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Europe's Travel Rules Are Dropping as Fast as Its Covid Cases
Citing high vaccination rates and the mildness of most omicron infections, Europeans nations are dropping rules deemed no longer effective against Covid-19.
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Finland Women's Hockey Takes Bronze in Shutout Against Switzerland
In a 4-0 win, Team Finland secured their fourth bronze medal in women’s hockey at the Olympics.
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USA Women's Curling Loses to Switzerland 9-6 in Round-Robin Match
The U.S. women’s curling team lost to Switzerland 9-6 in their round-robin match, bringing them to a three-way tie for third place in round-robin play.
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USA Men's Curling Beats Switzerland 7-4 in Round-Robin Match
The U.S. men’s curling team defeated Switzerland 7-4 in their round-robin match, bringing them to fourth place overall.
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Switzerland Wins Gold in Women's Slopestyle, China's Eileen Gu Wins Silver
Switzerland won Gold in Women’s Slopestyle and Eileen Gu, competing for China, wins Silver at the 2022 Beijing Winter Olympics
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Switzerland's Lara Gut-Behrami Wins Gold For Women's Super-G, USA's Mikaela Shiffrin places 9th
Switzerland’s Lara Gut-Behrami wins gold and USA’s Mikaela Shiffrin placed ninth in women’s alpine skiing super-G. This was Shiffrin’s first time competing in super-G at the Olympics.
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U.S. Women's Hockey Undefeated After Switzerland Shutout
Team USA won 8-0 in the third of four preliminary games in the 2022 Olympics.
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Bitcoin Could Rise to $75,000 This Year to Top Record High, Bank CEO Predicts
Seba Bank CEO Guido Buehler told CNBC that bitcoin’s price could rise to between $50,000 and $75,000 in 2022.
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Tesla Rival Lucid Plans to Launch in Europe This Year
Lucid has announced that it plans to start expanding into European markets this year as demand for electric vehicles soars.
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World Economic Forum Postpones Davos Meeting on Covid Uncertainty
The annual event usually sees world leaders, billionaires and executives descend upon the Swiss Alpine town of Davos.
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Patek Philippe Brings Back the ‘Holy Grail' of Watches for 170 Lucky Buyers
Patek Philippe will make 170 special versions of its most popular watch, the Nautilus Ref. 5711, as part of a partnership with Tiffany & Co.
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WTO Chief ‘Very Concerned' About the Unequal Distribution of Covid Vaccines
Richer nations have hoarded the highest number of Covid shots, while many low-income nations have struggled to get their hands on the much-needed vaccines.
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Credit Suisse Scales Back Investment Banking as Earnings Beat Estimates
The Swiss bank also revealed that it expects to report a net loss in the fourth quarter and said it plans to scale back its investment banking operations.
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Why Switzerland Is the Top Location for Expats
Stunning scenery and high quality education are just a couple of reasons why expats enjoy living in Switzerland.
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Wealth Management Boom Helps UBS Report $2.3 Billion Profit, Beating Estimates
UBS has beaten analyst expectations in the third quarter as its wealth management division continues to outperform.
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The ‘Orient Express' Is a Real Train — and Taking a Ride Is Not Cheap
After an 18-month hiatus, the luxurious Venice Simplon-Oriental-Express is back on the rails, with new routes to Amsterdam, Brussels, Geneva, Rome and Florence.
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Here's How States Like South Dakota Have Become Global Tax Havens
States like South Dakota have become global tax havens for the wealthy, according to the ‘Pandora Papers’ leak. Experts explain how.