CNBC's Ron Insana explains why the United States is regarded as a safe play around the world.» Read More
GENEVA— Governments should have tougher rules for electronic cigarettes— banning their use indoors and putting them off limits for minors— until more evidence can be gathered about their risks, the U.N. health agency said Tuesday.
ZURICH, Aug 26- Straumann, the world's largest maker of dental implants, has no interest in joining the suitors for No.2 player Nobel Biocare, preferring instead to go after deals in the fast-growing Chinese market, it said on Tuesday.
GENEVA, Aug 25- United Nations human rights chief Navi Pillay on Monday condemned "appalling, widespread" crimes being committed by Islamic State forces in Iraq, including killings, slavery, sexual crimes and targeting people on ethnic or religious grounds.
GENEVA/ WASHINGTON, Aug 22- A World Trade Organization dispute panel ruled against Argentina on Friday in a 2012 case brought by the United States, European Union and Japan against Argentine import licensing rules used to restrict imports.
GENEVA- CHINA APPEALS AGAINST WTO DISPUTE PANEL REPORT ON ANTI-DUMPING DUTIES APPLIED ON CERTAIN CHINESE PRODUCTS BY U.S.- WTO.
BERLIN— Germany is suing a Swiss bank to reclaim millions of euros that once belonged to communist East Germany. BvS, an agency tasked with recovering and managing the communist-era funds, says it asked Zurich's regional court last week to force Bank Julius Baer to return 135 million euros.
SINGAPORE/ ZURICH Aug 22- Royal Bank of Scotland plc might split its international private bank into separate European and Asian divisions to attract Asian buyers who have the financial muscle for a deal but are reluctant to take on European client risk.
NEW YORK, Aug 21- U.S. regulators are sending some of the biggest global banks verbal warnings as they crack down on the firms' poor grasp of their own weaknesses, and push for rapid improvements in risk assessment, according to two sources familiar with the matter.
By Clair MacDougall and James Harding Giahyue. MONROVIA, Aug 20- Police in the Liberian capital Monrovia fired live rounds and tear gas on Wednesday to disperse a stone-throwing crowd trying to break out of a quarantine imposed on their neighborhood because of the Ebola virus, witnesses said.
GENEVA— Commodities and mining group Glencore PLC says it will buy back up to $1 billion of its own shares as profit for the first half of the year rose 8 percent. The Swiss-based company, which created an industry giant through the merger between Glencore and Xstrata, says the repurchasing of shares will run through the end of March.
*Liberia records most new deaths, worries over Monrovia. The epidemic of the hemorrhagic disease, which can kill up to 90 percent of those it infects, is ravaging the three small West African states of Liberia, Sierra Leone and Guinea, and also has a toehold in Nigeria, Africa's biggest economy.
LONDON/ HELSINKI/ COPENHAGEN, Aug 19- Team Niinivirta, a Finnish family-run transportation firm, turned 60 this year, but its third-generation managers now don't know if the business will see Christmas, because of Russia's new ban on European food imports.
The epidemic of the hemorrhagic disease, which can kill up to 90 percent of those it infects, is ravaging the three small West African states of Liberia, Sierra Leone and Guinea, and also has a toehold in Nigeria, Africa's biggest economy. Between Aug. 14-16, Liberia recorded the most new deaths, 53, followed by Sierra Leone with 17, and Guinea with 14..
The agency didn't spell out which countries should start screening passengers, but noted that the Ebola outbreak involves transmission in Guinea, Liberia and Sierra Leona and a "small number of people in Nigeria." Authorities in Liberia, Sierra Leone and Guinea say they are already closely inspecting departing passengers for signs of fever or illness.
NEW YORK, Aug 17- Credit Suisse helped put together billions of dollars in securities that were issued by offshore investment vehicles of Banco Espirito Santo SA and then sold to the Portuguese bank's retail customers, the Wall Street Journal reported on Sunday.
WSJ's website also said it was unclear about Credit Suisse's direct role in selling the securities to bank customers.
ZURICH, Aug 16- The former head of Zurich Insurance and lead director of Goldman Sachs James Schiro has died at the age of 68, the bank said. Our thoughts are with his wife and children, " Goldman Sachs said on its Twitter feed on Friday. In 2002, Schiro became the first non-Swiss to lead Zurich Financial Services, later renamed Zurich Insurance.
GENEVA— Police say a body found drifting in Lake Constance may be that of a former Liechtenstein fund manager suspected of fatally shooting a bank's chief executive earlier this year. German police say a fisherman found the body Thursday in the lake, which Germany, Austria and Switzerland share.
*Nagging worries over Ukraine crisis limit gains. LONDON, Aug 13- European stock markets were steady on Wednesday, supported by gains in the shares of utility E.ON and reinsurer Swiss Life after forecast-beating results.
*Nagging worries over Ukraine crisis limit gains. LONDON, Aug 13- European stock markets were steady on Wednesday, supported by gains in utility E.ON and reinsurer Swiss Life shares after forecast-beating results.