GO
Loading...

Switzerland

More

  • Business events scheduled for the coming week Friday, 11 Jul 2014 | 2:10 PM ET

    WASHINGTON— Commerce Department releases retail sales data for June, 8:30 a.m.; Commerce Department releases business inventories for May, 10 a.m.. BERLIN— Germany's ZEW institute releases its monthly index of investor confidence in Europe's biggest economy.

  • *BoE outlines two possible leverage ratio supplements. LONDON, July 11- The Bank of England proposed on Friday that Britain's biggest banks should set aside from 2019 more capital than planned under global rules being drawn up to prevent a repeat of the financial crisis.

  • *EU regulators cleared German part of Cemex, Holcim deal early this month. BRUSSELS, July 11- Europe's antitrust regulator has objected to Cemex's plan to acquire Holcim's Spanish units, a person familiar with the matter said on Friday, denting the Mexican cement producer's hopes of getting EU approval without concessions.

  • *Central Bank outlines two possible leverage ratio supplements. LONDON, July 11- The Bank of England proposed on Friday that Britain's biggest banks should set aside from 2019 more capital than planned under global rules being drawn up to prevent a repeat of the financial crisis.

  • LONDON, July 9- As global watchdogs warn that euphoric financial markets are divorced from economic reality and acting out some reprise of the credit bubble and bust of the past decade, fears of another subprime timebomb are inevitable.

  • Trade talks begin on $1 trillion green goods Tuesday, 8 Jul 2014 | 3:49 AM ET

    GENEVA— Diplomats from the United States, China and the European Union began talks Tuesday with 11 other countries toward a deal that would cut tariffs on almost $1 trillion of environmental goods.

  • Trade body issues mixed ruling in US-China dispute Monday, 7 Jul 2014 | 11:43 AM ET

    GENEVA— An appeals body of the World Trade Organization has decided it lacked enough information to uphold China's objections to a U.S. law meant to help American companies that face unfair foreign competition.

  • France, Germany, Britain, eastern Europe to see selloffs. PARIS, July 7- Cement makers Lafarge SA and Holcim Ltd proposed a multi-billion euro series of asset sales on Monday as they seek regulatory approval for their merger to create the world's biggest cement maker.

  • Diplomats: Iran nuke talks make little progress, Monday, 7 Jul 2014 | 4:43 AM ET

    Five days into the latest round of talks between Iran and six global powers, two diplomats told The Associated Press that there is still a disagreement on the constraints Iran is ready to accept in exchange for a full end to the sanctions stifling its economy.

  • LONDON, July 6- The drugs don't work- and neither does the market, when it comes to antibiotics. Totally resistant forms of the lung infection emerged in India just a few years ago and have now been detected worldwide.

  • INSIGHT-How to fix a broken market in antibiotics Sunday, 6 Jul 2014 | 4:59 AM ET

    LONDON, July 6- The drugs don't work- and neither does the market, when it comes to antibiotics. Totally resistant forms of the lung infection emerged in India just a few years ago and have now been detected worldwide.

  • PARIS, July 4- Apple has poached a senior executive from Swiss luxury watch brand Tag Heuer, which could be to help it with the launch of its iWatch expected this autumn.

  • European shares lifted by ECB and strong U.S. data Thursday, 3 Jul 2014 | 10:20 AM ET

    LONDON, July 3- European shares rose on Thursday back to within sight of multi-year highs, as a jump in U.S. employment growth and further signs of support from the European Central Bank lifted equities.

  • LONDON, July 2- People at high risk of dying in West Africa's Ebola outbreak should be offered experimental medicines to see if they work, despite the drugs being not fully tested, the head of an influential global health charity said.

  • Roche buying Seragon in US for up to $1.7 billion Wednesday, 2 Jul 2014 | 4:06 AM ET

    GENEVA— Roche Holding AG says its U.S.-based biotech company Genentech has agreed to acquire American biotechnology firm Seragon Pharmaceuticals, Inc. for up to $1.725 billion in cash and contingency payments.

  • *Roche adds to breast cancer drug offering with Seragon. Roche is looking to bolster its offering of breast cancer drugs with the purchase. Since walking away from a $6.8 billion deal to buy U.S gene sequencing company Illumina in 2012 Roche has eschewed multi-billion deals and instead snapped up a couple of smaller diagnostic companies so far this year.

  • ZURICH, July 1- Switzerland's financial regulator said on Tuesday it was investigating staff at BNP Paribas's Swiss arm after the French bank admitted violating U.S. sanctions against Sudan, Cuba and Iran, in part by using Geneva to conceal wrongdoing.

  • ZURICH, July 1- Switzerland's financial regulator said on Tuesday it was investigating staff at BNP Paribas' Swiss arm after the French bank admitted violating U.S. sanctions against Sudan, Cuba and Iran, in part by using Geneva to conceal wrong-doing.

  • In addition to the monetary penalty, BNP is facing other forms of punishment for what a Manhattan assistant district attorney called a "long-term, multi-jurisdictional conspiracy" to violate sanctions laws by facilitating transactions involving Sudan, Cuba, and Iran.

  • BNP PARIBAS SA SAYS EXPECTS ITS FULLY LOADED BASEL III CET1 RATIO AS AT 30 JUNE 2014 TO BE AT AROUND 10%.