Swiss banking giant Credit Suisse on Thursday announced plans to slash 9,000 jobs and sell off its deal-making unit. The announcement follows a series of scandals and billions in losses.

The Swiss retail giants Migros and Coop want to heat less. At Migros it should only be 19 degrees warm. Coop also states that it wants to reduce the temperature in shops and offices by two degrees.

Swiss people may revolt and resort to looting if the Alpine nation is hit by a severe energy crunch this winter, the police chief of one of its cantons told local media on Saturday.

The first pilot project for the legal sale of cannabis in Switzerland will start on September 15th in the canton of Basel-Stadt. Basel residents who already use drug hemp and are at least 18 years old can register for the study with immediate effect.

The only two Latin American films present, among the 17 selected in the international competition, swept four of the five main prizes at the 75th edition of the Locarno Film Festival, which took place between August 3 and 13 in this Swiss city.

Switzerland cannot represent Ukraine’s diplomatic interests in Russia as it gave up its neutrality status by joining anti-Russia sanctions, the Foreign Ministry said on Thursday.

Earlier this week, Russian Foreign Ministry spokeswoman Maria Zakharova said that the Ukrainian military's attacks on the Zaporozhye nuclear power plant not only threaten the lives of Ukrainians and Russians, but all Europeans.

The Neue Zürcher Zeitung (NZZ) reports on a decision by the Appeals Chamber of the Federal Criminal Court and also mentions a verdict against a corrupt police officer in the canton of Zurich:

The entire Zurich police force is suspected of being corrupted by the mafia.

Inflation in the euro zone has risen to its highest level since the introduction of the common currency. According to Eurostat, it rose to 8.9 percent in July. Energy prices are rising the most, followed by food prices.