GENEVA (Reuters) – China and Switzerland signed a joint declaration on Monday agreeing to deepen their partnership after Premier Li Qiang met the Swiss President, the Swiss government said. Li, …
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UBS sees around 3,000 redundancies integrating Credit Suisse in Switzerland – CEO
by Reutersby ReutersZURICH (Reuters) – UBS expects around 1,000 jobs to go from integrating Credit Suisse’s Swiss business, Credit Suisse (Schweiz), and an additional 2,000 redundancies in Switzerland over the next couple …
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ZURICH (Reuters) – Switzerland’s financial capital is bracing itself for the biggest wave of job losses in over a decade following Credit Suisse’s collapse earlier this year. Since the government …
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By John Revill ZURICH (Reuters) – Swiss citizens vote this weekend on whether to raise business tax to 15% from an average of 11% to align with a global minimum …
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BERN (Reuters) – The Swiss government on Thursday moved to speed up work on extending a public liquidity backstop Credit Suisse received access to in March under emergency rules to …
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Exclusive-Qatar fund explored claims against Switzerland for Credit Suisse losses
by Reutersby ReutersBy Stefania Spezzati, Paritosh Bansal and America Hernandez (Reuters) – Qatar’s sovereign wealth fund, Credit Suisse’s second-largest investor, has explored seeking redress for losses incurred by the bank’s takeover, two …
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By Gabrielle Tétrault-Farber BERN (Reuters) – The Swiss foreign policy tradition of neutrality should not include blocking re-exports of Swiss weapons to Ukraine, the Ukrainian ambassador to Switzerland said on …
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By Gabrielle Tétrault-Farber GENEVA (Reuters) – When Russia sent troops into Ukraine a year ago, the director of the Kyiv National Art Gallery had only one thing on his mind: …
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State Dept OKs potential sale of Patriot missiles to Switzerland, Pentagon says
by Reutersby ReutersWASHINGTON (Reuters) – The U.S. State Department has approved the potential sale of Patriot missiles and related equipment to Switzerland for an estimated cost of $700 million, the Pentagon said …
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LONDON (Reuters) – France, Singapore and Switzerland have launched a joint trial of their experimental central bank digital currencies (CBDCs) in the first cross-regional trial of its kind. The project, …
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ZURICH (Reuters) -The Swiss government significantly cut its economic growth forecasts on Tuesday, citing growing risks from a “tense energy situation and sharp price increases”. It now expects the country’s …
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Leader of Brooklyn-Based Eastern European Organized Crime Syndicate Extradited from Switzerland to Face Racketeering and Other Charges
by DOJ Pressby DOJ PressViktor Zelinger, also known as “Vitya” and “Vityok,” the alleged leader of an Eastern European organized crime syndicate that operated in the Brighton Beach, Sheepshead Bay and Coney Island neighborhoods …
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ZURICH (Reuters) – Women in Switzerland earn more than 40% less than men and draw less pension money, a gender pay gap report the government adopted on Wednesday showed, citing …
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GENEVA (Reuters) – Switzerland agreed on Tuesday to send back to Uzbekistan over $100 million which it seized during a long-running investigation in connection with the daughter of former president …
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By Silke Koltrowitz ZURICH – Luxury watch retailer Watches of Switzerland expects a potentially more challenging trading environment in the second half of its current financial year, it said on …
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ZURICH – The United States and Switzerland can move towards free trade between their countries with sectoral deals and they are working on facilitating business in the pharmaceutical sector, the …
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By Brenna Hughes Neghaiwi and Arnd Wiegmann SCHAFFHAUSEN, Switzerland – Alois Carnier, 57, and Peter Leu, 67, said “wholeheartedly, I do” to each other on Friday as same-sex marriages became …
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ZURICH – Switzerland’s Federal Council has appointed Martin Schlegel as vice chairman of the governing board of the Swiss National Bank, succeeding Fritz Zurbruegg as head of the department responsible …
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By Silke Koltrowitz and Arnd Wiegmann ZURICH – Hundreds of Ukrainians lined up for food handouts in central Zurich on Saturday as wealthy Switzerland struggles to cope with the arrival …
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By Paul Carrel BERN – While the rest of Europe grapples with surging prices, in Switzerland inflation is so tame that some key costs are actually falling. The price of …
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– Novavax Inc has submitted an application to Switzerland’s drugs regulator for the authorization of its COVID-19 vaccine in adults, the U.S. vaccine maker said on Monday. The submission is …
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By Silke Koltrowitz ZURICH – Luxury watch retailer Watches of Switzerland Group (WoS) said on Thursday trading in November supported its recently upgraded full-year guidance, after strong revenue growth boosted …
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The Sarco machine, a 3-D printed assisted suicide pod, passed legal review in Switzerland, and it is expected to be available for public use in 2022, Swiss Info reported. The …
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ZURICH – The first probable case of the Omicron variant of COVID-19 has been detected in Switzerland, the government said late on Sunday, as the country tightened its entry restrictions …