🧾 AI on Credit

• 🇨🇭 Culture. The Matterhorn, which peaks at 4,478 metres, has joined the global list of sites of geological importance, becoming the third Swiss site to be distinguished.
• 🇨🇭 Energy. Swiss motorists now pay an average of 1.99 CHF per litre of unleaded petrol 95, representing a decline of nearly 6% in one week.
• 🇺🇦 Conflict. France and other European countries will participate in negotiations between Russia and Ukraine in Abu Dhabi on 10 and 11 November, under American mediation.
• 🇵🇱 Security. A shooting in Kraków left six dead and 15 wounded, whilst three family members of the suspect were found shot dead at his home.
• 🇨🇭 Switzerland. The right wing wins three seats in the Fribourg cantonal government in the first round with Romain Collaud, Didier Castella and Marie-France Roth Pasquier.
• 🇨🇭 Watchmaking. Rexhep Rexhepi wins the Golden Needle, the most prestigious award of the Grand Prix d'Horlogerie de Genève, at a ceremony also celebrating Switzerland's leading watchmaking houses.

Economy & Finance

• 🇨🇭 Growth. Hotel nights in Switzerland increased by 5.2% year-on-year in September, to 4.3M, thanks to higher domestic and foreign visitor numbers.
• 🇫🇷 Jobs. The purchasing power of the basic monthly wage in the private sector fell by 1.1% year-on-year in the third quarter of 2026, with inflation at 3.1% outpacing the nominal wage increase, which was limited to 1.9%.
• 🇫🇷 Trade. France's trade deficit widened to €7.314bn at the end of September, compared with €5.972bn a month earlier.
• 🇪🇺 Rates. The succession of Christine Lagarde at the head of the ECB will be decided between Spaniard Pablo Hernández de Cos and Dutchman Klaas Knot, the only two candidates officially retained.
• 🇺🇸 Rates. The American labour market remains solid, with unemployment stable at 4.1%, leaving inflation and financial markets to decide on a Fed rate rise in December.
• 🇨🇭 Investment. Swiss sustainable funds reach a record 1.36 trillion CHF in assets, up 11% over one year, mainly thanks to market gains.
• 🇺🇸 Investment. Beyond Gravity is selling its Decatur site in Alabama to United Launch Alliance, which will also take on its approximately 300 employees by the end of the year.

Switzerland

• 🇨🇭 Diplomacy. The foreign policy commission of the National Council supports by 16 votes to 9 Switzerland's contribution of 193 million Swiss francs to the Erasmus+ programme in 2027.
• 🇨🇭 Health. The husband of the Swiss patient with Ebola has left Zurich University Hospital after developing no symptoms.
• 🇨🇭 Solidarity. The Federal Council is exceptionally covering the medical expenses of 12 Italians injured in the Crans-Montana disaster, for an amount of 1.5m CHF.
• 🇨🇭 Real Estate. Geneva strengthens control of Airbnb lettings without creating a new body, by assigning an official number to each property to detect breaches of the legal threshold of 90 nights.
• 🇨🇭 Science. Swiss astrophysicist Thomas Zurbuchen, former head of scientific affairs at NASA, receives the Swiss Prize 2026 for his exceptional contribution to space research.
• 🇨🇭 Culture. Vaudois theologian Daniel Marguerat has died aged 83, bringing an end to criminal proceedings opened against him for alleged sexual abuse.
• 🇨🇭 Culture. The famous "revenge dress" worn by Lady Diana is on display in Geneva before being auctioned in New York on 9 December, with an estimated value of $150,000 to $300,000.
• 🇨🇭 Culture. Hermès reopens its renovated Geneva store, expanded over six levels to showcase the house's 16 crafts in a décor inspired by the lake and mountains.
• 🇨🇭 Culture. French filmmaker Marine Atlan receives the Golden Reflection for best feature film at the Geneva International Film Festival for La Gradiva.
• 🇨🇭 Culture. Edna Epelbaum, cinema operator in Bienne, Berne and French-speaking Switzerland, appears in the top 20 most influential women in world cinema for the first time, ranking 19th.

Elsewhere in the World

• 🇧🇬 Elections. Interim president Iliana Iotova is leading by a wide margin in the second round with 51% of the vote, compared to 43 to 45% for Andrey Gyurov, in a ballot marked by low turnout.
• 🇮🇱 Elections. The Israeli president has tasked Gadi Eisenkot with forming a government following legislative elections that produced no majority, a mission made difficult by the absence of a clear coalition.
• 🇧🇪 Government. King Philippe refuses Bart De Wever's resignation and asks him to restart budget negotiations with the five coalition parties.
• 🇺🇸 Government. Following the Republican defeat in the midterm elections, Donald Trump appoints Stephen Miller as chief of staff, strengthening the influence of the architect of mass deportations at the White House.
• 🇵🇾 Justice. Former president Santiago Peña has been placed in provisional detention in a barracks due to a flight risk linked to the Ueno bank scandal.
• 🇵🇹 Rights. The courts have authorised overnight encampments for housing in Lisbon and Porto until 24 November, following violent police evictions deemed contrary to the right to protest.
• 🇲🇴 Rights. Former pro-democracy lawmaker Au Kam San has been sentenced to twelve years and six months in prison, becoming the first person convicted under Macau's national security law.
• 🇸🇦 Conflict. An attack by drones and missiles from Houthi rebels against Riyadh's financial district has damaged the emblematic Saudi Aramco tower.
• 🇮🇹 Security. Pro-Russian hackers published personal data of Italian Foreign Minister Antonio Tajani and his family on the darknet in retaliation for Rome's support for Ukraine.
• 🇺🇸 Immigration. Donald Trump now deems his policy of mass deportations of immigrants "too harsh", following the Republican defeat in the mid-term elections.
• 🇯🇵 Disasters. An earthquake with a magnitude of 5.7 has injured at least 24 people in central Japan, where material damage and railway disruptions have been reported.
• 🌍 Climate. Three-quarters of forcibly displaced persons live in countries highly vulnerable to climate change, yet these states receive only around 10% of global climate finance.
• 🇷🇺 Health. Russia remains dependent on Western laboratories for its essential medicines: 56% of the 700bn roubles spent over the first eight months of 2026 financed imports.

• 🇨🇭 Industry. ABB's sale of its robotics division to SoftBank, valued at over $5bn, faces a veto from Chinese authorities, who fear a data transfer to OpenAI.
• 🇨🇭 Energy. Geneva-based oil trader Gunvor becomes Centalion after a year marked by changes in shareholding and management, to turn the page on its reputation for proximity to the Kremlin.

SMI Index

📅 Data as of 2026-11-10 09:24

Forex CHF

📅 Data as of 2026-11-10 09:24