(Bloomberg) — British and Swiss trade negotiators will resume trade talks on Monday as they seek to broker deeper access to each other’s financial services markets as well as agreements on data sharing and worker visas. The meeting in London — the fifth round of talks between the two nations aimed at enhancing their existing...
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Switzerland, Italy to redraw borders because of glacier melt – UPI.com
View from valley station Testa Grigia towards Klein Matterhorn onto the new gondola before the official opening of the new Matterhorn Glacier Ride II on June 30, 2023. Glacier melt in the same area has forced Switzerland and Italy to redraw their border. File Photo by Dominic Steinmann/EPA-EFE Sept. 30 (UPI) — Switzerland and Italy...
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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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$310 million linked to Adani Group frozen by Swiss authorities? Hindenburg, conglomerate clash over report
New Delhi: Swiss authorities have frozen USD 311 million (Rs 2,610 crore) held by a Taiwanese resident in multiple Swiss bank accounts as part of money laundering probe, suspecting he may be a frontman from the Adani group — a charge the conglomerate vehemently denied saying it was neither involved in any Swiss court proceedings...
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Switzerland Is Getting Squeezed Between China and the US
(Bloomberg) — Back in 2013, several dozen Swiss business representatives traveled to Beijing to attend the signing of a free-trade agreement between Switzerland and China, toasting the success with champagne. Implemented the following year, the FTA was hailed in a PricewaterhouseCoopers LLP report at the time as a landmark accord that “recasts the international trade...
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Hong Kong Tycoon Adrian Cheng to List His Venture Fund in Switzerland
(Bloomberg) — Hong Kong property tycoon Adrian Cheng is listing his venture fund C Capital on the Swiss Stock Exchange through a merger. The company will merge with Swiss-listed investment firm Youngtimers AG and the entity will be renamed C Capital AG upon approval and completion of the transaction, according to a statement Monday. After...
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Amid lowered inflation Switzerland cuts interest rates again, Britain holds steady – UPI.com
The Bank of England Thursday held interest rates steady at 5.25% while the Swiss National Bank cut rates by a quarter-point to 1.25%. Both nations have seen inflation drop, down to 2% in Britain and 1.4% in Switzerland. File photo by Andy Rain/EPA-EFE June 20 (UPI) — Switzerland cut its interest rates for the second...
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Ukraine peace talks front and center at Switzerland conference – UPI.com
1 of 5 | Swiss Federal President Viola Amherd (second from left left) appears next Swiss Federal Councillor Ignazio Cassis (left), Ukrainian President Volodymyr Zelensky (center), Ukraine’s Head of the Presidential Office of Ukraine Andriy Yermak (second from right), and U.S. Vice President Kamala Harris (right) during the the opening plenary session of the Summit...
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Swiss village Lauterbrunnen considers entry fee to curb overtourism – UPI.com
1 of 2 | The Swiss village of Lauterbrunnen, tucked into a picturesque Alpine valley of waterfalls and snowy peaks, is considering charging day-trippers a fee to visit in an effort to curb overtourism. Photo courtesy of Halsteadk/Wikimedia Commons May 20 (UPI) — Another European city, tired of being overrun by tourists, could follow Venice’s...
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New Swiss Army Knife model to eliminate the knife – UPI.com
The maker of Swiss Army Knives is in the “early stages of developing pocket tools without blades” due to weapons regulations around the world. File Photo by Gabriel Monnet/EPA-EFE May 8 (UPI) — The maker of the Swiss Army Knife is taking the knife out of the century-old pocket tool’s latest model due to weapons...
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