A 25-year old Algerian man escaped from the clutches of his police minders on Tuesday as he ditched his crutches and took to his heels after a court appointment in Nyon in western Switzerland.
Switzerland widened sanctions against Syrian President Bashar al-Assad's regime on Wednesday, adding 12 individuals to a list of key players under financial embargo and travel restriction.
Switzerland said on Wednesday that it would double its aid and give 20 million francs ($25 million) more to help drought-hit victims in the Horn of Africa.
Swiss cities Zürich and Geneva remain second and third in a UBS global cost of living ranking, while Oslo in Norway is the most expensive city in which to live.
Swiss supermarket retailer Migros announced it is cutting prices by 10 to 20 percent on more than 500 branded products as it takes steps to help mitigate the effects for consumers of a burgeoning Swiss franc.
Insurer and pensions specialist Swiss Life on Wednesday said its first half net profit jumped 49.8 percent to 403 million francs ($510 million), on the back of a one time tax revenue of 89 million francs.