GENEVA (AP) — Switzerland’s government plans to boost its defense spending by up to 19% over the next four years, citing a rise in global instability, including wars in Ukraine and the Middle East, and gaps created when Swiss authorities cashed in on a peace dividend from the fall of the Berlin Wall decades ago. Laying out mid- and long-range …
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Sauber F1 team says it’s not concerned by reported investigation into its gambling sponsorship
HINWIL, Switzerland (AP) — The Sauber Formula 1 team says it is not concerned by a report that it could potentially face a fine in Switzerland over its sponsorship deal with online gambling company Stake. Swiss broadcaster SRF reported Tuesday that the national gambling regulator had opened proceedings against Sauber. The team is based in Switzerland, where gambling advertising by …
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