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Companies roundup: Fraser-Mulberry & Watches of Switzerland

Companies roundup: Fraser-Mulberry & Watches of Switzerland

Frasers (FRAS), Watches of Switzerland (WOSG) and the Investment Association Frasers (FRAS) said it had subscribed for shares in the capital raising announced by Mulberry (MUL) on Monday that sparked its £83mn offer for the company. Following the share issue, Frasers will hold between 36.9 per cent and 37.3 per cent of Mulberry’s shares, depending on...

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Watches of Switzerland snaps up digital content provider | TheBusinessDesk.com

Watches of Switzerland snaps up digital content provider | TheBusinessDesk.com

Leicester-based luxury products retailer Watches of Switzerland has bought Hodinkee, the global digital editorial content provider and gateway for luxury watch enthusiasts. Headquartered in New York City, and founded in 2008, Hodinkee offers digital print and video content, limited edition watch collaborations alongside watch and jewellery insurance services. Hodinkee attracts an audience of 22.2 million...

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Switzerland: Attack in Zurich leaves three children injured

Switzerland: Attack in Zurich leaves three children injured

Three children have been injured – one of them seriously – in a knife attack at a daycare centre in the Swiss city of Zurich. A spokesperson for the city’s police force said a 23-year-old Chinese man attacked a group of children who were being led to the centre by a staff member. A daycare...

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Melting Alps Glacier Means Switzerland and Italy’s Border Has to Move

Melting Alps Glacier Means Switzerland and Italy’s Border Has to Move

(Bloomberg) — Switzerland and Italy tweaked their mountain border under the Matterhorn peak as climate change in the Alps is melting the glaciers that have historically marked the frontier between the two countries. “Significant sections of the border are defined by the watershed or the ridge lines of glaciers, firn or perpetual snow,” the Swiss...

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UAE, Switzerland, Japan expressed interest in Rising Rajasthan: Rathore (IANS Interview) – PUNE.NEWS

UAE, Switzerland, Japan expressed interest in Rising Rajasthan: Rathore (IANS Interview) – PUNE.NEWS

Jaipur, Sep 26 (IANS) With the aim to bring in investments from different parts of the world, the Rajasthan government announced the ‘Rising Rajasthan Investment Summit’ in its first year of government formation and has been going across nations to invite investors to the state. Ensuring that things don’t die down and get implemented on...

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SNB cuts interest rates by 25 basis points for third time this year

SNB cuts interest rates by 25 basis points for third time this year

The SNB cut its policy rate to 1.00 per cent, the lowest level since early 2023. Image: Shutterstock 2 min read Last Updated : Sep 26 2024 | 1:23 PM IST The Swiss National Bank cut interest rates by 25 basis points on Thursday, its third such reduction this year, as it echoed steps...

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Where are Europe’s tax havens – and how are they luring in the rich?

Where are Europe’s tax havens – and how are they luring in the rich?

Hungry for investment, countries in Europe are competing to attract and retain the wealthy. Euronews Business explores the tax perks on offer, along with the pushbacks against them. ADVERTISEMENT The top rates of statutory personal income tax in the EU have stopped declining since the 2008 financial crisis, according to the EU Tax Observatory. Instead,...

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US woman meant to be first to use ‘suicide pod’ accused company of trying to get her life savings: report

US woman meant to be first to use ‘suicide pod’ accused company of trying to get her life savings: report

An American woman who was meant to be the first person to use the controversial new Sarco “suicide pod” in Switzerland backed out while accusing the company behind it of being “heartless” in exploiting her for publicity and trying to get her life savings, according to a report. The 55-year-old, identified under the alias Jessica Campbell,...

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US woman dies in first use of Swiss suicide pod, several arrested

US woman dies in first use of Swiss suicide pod, several arrested

Philip Nitschke is seen inside a suicide pod known as The Sarco in Rotterdam, The Netherlands, July 8, 2024. | Photo: PTI 3 min read Last Updated : Sep 25 2024 | 1:21 PM IST Swiss police have detained several individuals after a controversial ‘Sarco’ capsule, designed to assist with suicide, was used for...

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Switzerland touts winter wonders to Indian travellers to reduce summer rush | Mint

Switzerland touts winter wonders to Indian travellers to reduce summer rush | Mint

Mumbai: Switzerland Tourism is stepping up efforts to position the country as a year-round destination for Indian travellers, part of a broader strategy aimed at boosting visitor numbers during off-peak seasons and promoting more sustainable tourism practices. Traditionally known as a summer destination, Switzerland is now emphasising its autumn and winter attractions to create a...