Swiss
A look at the day ahead in U.S. and global markets from Mike Dolan With interest rates tumbling across the world and set to fall stateside again next week too, Wall Street stocks are sizing up one of the best years of the century so far. The tech-laden Nasdaq surged…
By Emma Farge and Dave Graham GENEVA/ZURICH (Reuters) – Bringing new nuclear power stations online in Switzerland could take decades due to myriad political and financial hurdles, energy experts and politicians said, after the government announced plans to lift a ban on building new plants. The Federal Council on Wednesday…
A Swiss court has convicted four members of the UK’s richest family of exploiting staff at their Geneva mansion.The court found Prakash Hinduja, his wife Kamal, their son Ajay, and Ajay’s wife Namrata guilty of exploitation and illegal employment, the BBC reported.They were given sentences ranging from four to four-and-a-half…
By Shashwat Chauhan, Jesus Calero and Shristi Achar A (Reuters) -European shares advanced on Thursday with broad-based gains as markets tracked a global upbeat sentiment, while shares of British, Swiss and Norwegian stocks were in focus after their respective central bank decisions. The pan-European ended up 0.9% to hit a…
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street returns from its midweek break to find record high stocks still chomping at the bit, with overseas monetary easing in focus as the Swiss cut interest rates for the second time this year and…
By John Revill ZURICH (Reuters) – UBS’s takeover of Credit Suisse has fed a creeping anxiety that Swiss companies will pay a price for the enlarged bank’s outsize market strength. The historic 2023 deal created a bank with a balance sheet twice the size of the Swiss economy, and at…
By Gabrielle Tétrault-Farber and Dave Graham GENEVA/ZURICH (Reuters) – Switzerland for all its snow-capped mountains and crisp Alpine air has failed to protect its people from the ravages of climate change, as a top European court ruled this week. Behind the picture postcard exterior, critics say, is a country that…
By Gloria Dickie and Kate Abnett LONDON (Reuters) – The European Court of Human Rights ruled in favour of more than 2,000 Swiss women on Tuesday, affirming their argument that the Swiss government violated their human rights by failing to take sufficient action on climate change. Here are some takeaways…