AI boom sparks concern over data-centre power and water use in Switzerland

Artificial intelligence is not only consuming attention—it is also consuming electricity and water. A surge in AI activity has driven up demand for data-centre capacity across Europe, and the Swiss are increasingly uneasy about its environmental...

Bank Negara says consultation, agreement with US Treasury in line with existing practice

KUALA LUMPUR: Bank Negara Malaysia (BNM) has said its close consultation and agreement with the US Treasury reflect existing practices and "do not in any way affect the ability to independently formulate monetary policy, or our ability to...

Business News | Post Tariffs, US Trade Deficit Declined, but Grows with Top 5 Trade Partners Including India: SBI Report

New Delhi [India], October 29 (ANI): Post tariffs, trade deficit of United States declined by USD 42 billion but during the same period it has gone up by USD 9 billion with top five trading partners including India, noted a research report by the...

Nordic bank that once shunned crypto to soon offer a Bitcoin ETP

Scandinavia’s largest bank, Nordea, has shifted its stance on crypto in the face of growing adoption and regulatory clarity, announcing its customers can access an external Bitcoin-linked exchange-traded product (ETP) in December. The Bitcoin ETP,...

Switzerland is the most competitive country in the world

Wednesday, 29 October 2025 06:30 Switzerland has been named the world’s most competitive country in a new global ranking by consulting firm Eight Advisory. Out of 58 nations assessed on the economy, education, sustainability, and social cohesion,...

Comment | Fifty years on, John Berger’s writing is still relevant—and troublingly prescient

In the art world, John Berger (1926-2017) will likely always be renowned for Ways of Seeing, the paradigm-shifting 1972 TV series and book. It remains essential, and its ideas are the subject of fervent debate when curators working in Berger’s...

UBS sees $9B in advisors’ assets leave in Q3

Meanwhile, the New York Post reports giant bank thinking of leaving Switzerland. While it appears to have addressed the flow of financial advisors leaving, UBS Group in its Americas wealth management unit reported negative assets flow – or net new...

Bluegrass Beyond Borders: Switzerland’s Angry Strings

There may be no more beautiful place in the world than Basel, Switzerland, and indeed, the bluegrass band that calls itself Angry Strings knows that all too well. The city is located on the Rhine River which divides Germany and France, and that’s...

Boston software CEO inks private equity deal that values firm at $3 billion

Nexthink, which employs about 250 people at 501 Boylston St., hit another milestone last week. Texas private equity firm Vista Equity Partners acquired a majority stake in a deal that values Nexthink at $3 billion, buying out stakes owned by...

Tech manufacturer TT Electronics set to be taken over by Swiss rival

A tech manufacturer with a plant in Northumberland is set to be taken over by a Swiss rival as part of a £287m cash and shares deal. The board of TT Electronics, has agreed to a takeover by Cicor Technologies in a deal which will give shareholders...

From JP Morgan to Zurich: How HBZ’s Sheheryar Rasul is redefining value for the ultra-wealthy

Image credit: Supplied As global wealth shifts generations, Sheheryar I. Rasul, Group Wealth Management head and country head, Switzerland Habib Bank AG Zurich, explains how trust, technology, and cultural insight are reshaping client...

Trump pushes for a US-led digital economy

Tucked into President Donald Trump’s trade deals formalizing higher tariffs on goods from Asia this week are provisions for a global economic frontier the US wants to stay free of protectionism: digital commerce. In deals with Malaysia and...

How A German Tailor And Indian Spices Shaped Hiltl — The World’s Oldest Vegetarian Restaurant In Zurich Where You Pay By Weight, Not Menu

No Meat? No Problem! Inside Hiltl, Zurich’s 19th-Century Restaurant That’s Still Setting Veggie Trends In the heart of Zurich, where sleek banks and chocolate boutiques dominate the streets, stands an institution that’s quietly rewritten Europe’s...

Michael Murray, Kopin's CEO to Present at THEON International's Capital Markets Day on November 6, 2025

Kopin Corporation (NASDAQ: KOPN), a leading provider of application-specific optical systems and high-performance microdisplays for defense, training, enterprise, industrial, consumer and medical products, today announced Michael Murray, Chairman...

SA and Swiss President strengthen economic ties on a train.

Aboard a special train gliding through the serene Swiss countryside, South African President Cyril Ramaphosa and President Karin Keller-Sutter of the Swiss Confederation held a working breakfast with Swiss business leaders. The meeting shared...

Trump pushes for a US-led digital economy that's free of tariffs

(Bloomberg) — Tucked into President Donald Trump’s trade deals formalizing higher tariffs on goods from Asia this week are provisions for a global economic frontier the US wants to stay free of protectionism: digital commerce. In deals with...

The macroeconomic implications of extreme weather events: Insights from advanced economies

Extreme weather events – such as catastrophic floods or prolonged heatwaves – are increasing in frequency and intensity (IPCC 2021). This has sharpened the focus of policymakers ahead of COP30 on the economic resilience of developing and advanced...

New App Store prices for Poland, Switzerland, and Türkiye coming November 17

Today, Apple informed developers that prices for apps and In-App Purchases will be adjusted in Poland, Switzerland, and Türkiye starting next month. Here are the details. To keep prices consistent with the realities of multiple countries, the App...

A Budget-Friendly Bern City-Break Stay With A Twist – Its Incredible Roof Terrace

Expect digital keys, a rooftop grand reveal and just enough Swiss efficiency to make a stay feel effortless at this city-centre stay October 30, 2025 When travelling, it’s often the unexpected that makes a moment. The unexpected? Stepping onto the...

What happens to Prince Andrew's finances now he has been stripped of royal title

With the news that Prince Andrew has been stripped of the use of the title 'Prince' and with it, all its airs and graces, attention must turn to his finances. The fall from grace of the third and long considered favourite child of the late Queen...