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Swiss Postman Fired After 42 Years for Theft Prevention, June 10
Vevey postman Jean-Daniel Taverney fired after 42 years for delivering packages directly to residents to prevent theft. Union disputes dismissal.
UK’s £100,000 Tax Trap Widens as Allowance Stays Frozen, June 10
£100,000 tax threshold frozen for 2026/27, triggering 60% tax trap as personal allowance withdraws for higher earners.
Japan’s Central Bank Set to Raise Rates to 1.0%, June 10
Bank of Japan expected to raise policy rate to 1.0% on June 16, the highest level since 1995, as inflation pressures outweigh economic slowdown risks.
Tamil Nadu Cancels ₹2,100 Crore Highway Project Over Fraud Concerns, June 10
Tamil Nadu cancels ₹2,100 crore Thiruvanmiyur-Uthandi highway project due to contractor selection fraud and cost inflation concerns.
Lufthansa Adds ITA Airways to Europe-Japan Joint Venture, June 10
Lufthansa adds ITA Airways to Europe-Japan joint venture with ANA, effective autumn 2026. Agreement signed June 8 at IATA meeting in Rio.
Japan Power Outages Affect 18,230 Homes as Typhoon 6 Strikes, June 10
Typhoon 6 caused power outages affecting 18,230 homes across Ibaraki, Chiba, Saitama, and Kanagawa on June 3.
UBS ATM Blown Up in Oberwil, Switzerland, June 09
Multiple suspects detonated explosives at a UBS ATM in Oberwil, Switzerland on June 9, causing building damage and evacuations.
Japan Surveys 13,400 Uninhabited Islands Over Security Concerns, June 09
Japan surveys 13,400 uninhabited islands amid Chinese land purchases, investigating ownership to protect strategic national security assets.
Swiss Market Index Bounces Back After Losses, June 09
SMI rebounds on June 09 as Iran-Israel ceasefire eases geopolitical risk and Swiss equities recover from recent pullback.