Latest Switzerland News
RSS-
Swiss Stocks Advance as Investors Await Fed Signals
Stocks in Switzerland rose, rebounding from a fourth straight week of losses, as investors awaited this week's Federal Reserve meeting for indications on the duration of stimulus measures. Cie. Financiere Richemont SA climbed 2.2 percent after HSBC Holdings Plc upgraded the luxury-goods company. Swatch Group AG, the biggest maker of Swiss watches, gained for a second ...
-
Costa retains Swiss tour title
Flumserberg, Switzerland - Portuguese rider Rui Costa won his second successive Tour of Switzerland on Sunday after an impressive ride in the ninth and final stage, a 26.8km time-trial in ...
-
TABLE-Swiss sight deposits lower in week ending June 14
ZURICH, June 17 (Reuters) - The amount of cash commercial banks hold with the Swiss National Bank edged lower last week, data showed on Monday. The level is partly a measure of how inclined banks are to find an ultra-safe home for their money and may also reflect efforts by the SNB to defend the 1.20 per euro cap it imposed on Sept. 6, 2011 on the soaring safe-haven Swiss franc. Sight deposits ...
More Switzerland News
RSS-
Swiss stocks - Factors to watch on June 17
ZURICH, June 17 | Mon Jun 17, 2013 1:37am EDT ZURICH, June 17 (Reuters) - The following are some of the main factors expected to affect Swiss stocks on Monday: ABB names new CEO to replace departing Hogan ABB said Ulrich Spiesshofer, currently head of the company's discrete automation and motion division, will replace departing Chief Executive Joe Hogan, taking up the role on ...
-
Barry Callebaut Previous Q3 restated figures due to consumer divestment
Zurich/Switzerland - June 17, 2013 - Barry Callebaut AG, the world`s leading manufacturer of high-quality cocoa and chocolate products, will announce on July 4, 2013 its nine-month key sales figures of fiscal year 2012/13, ended May 31, 2013. As announced in November 2012, Barry Callebaut completed the sale of its factory and the related business in Dijon (France) to "Chocolaterie de ...
-
Swiss Parliament Backs US Tax Resolution Bill
The Swiss Council of States has adopted the Federal Council's bill creating a legal basis for resolving the Confederation's tax dispute with the US. The bill was backed by 24 votes to 15 with two abstentions. The Swiss Committee for Economic Affairs and Taxation (CEAT) had rejected the text earlier. Defending the draft legislation in parliament, Swiss Finance Minister Eveline ...
-
Costa Retains Swiss Cycling Title
Rui Costa of Portugal kept his Tour de Suisse title after winning the final stage by 21 seconds. Costa, who rides for Movistar, finished the 16.7-mile time trial in 51 minutes 56 ...
-
Good turnout in Lake Zurich for first Iron Girl triathlon
Bethany Richards, of Chicago, steps out of the water and prepares for the biking portion of the Athleta Iron Girl Triathlon in Lake Zurich ...
Switzerland Featured
-
Switzerland world's most competitive country
Switzerland is frequently pointed to as a model of good governance, prosperity, innovation and stability and is one of the happiest countries in the world. The recent competitive survey by the WEF underscored this, but came with a warning.
Switzerland truly is an impressive country, landlocked and small with no natural resources; it has developed into one of the richest countries in the world and was recently named the most competitive economy in the world. This is due in large part to its banking sector, which is one of the most advanced and its government structure, which is efficient in comparison to many other developed countries. Read more
News from around our Network
