GO
Loading...

Enter multiple symbols separated by commas

Europe Top News and Analysis Switzerland

More

  • LONDON, Sept 2- Truckers caught up in Europe's migrant crisis say business is increasingly disrupted by queues and stowaways, but they are far more worried governments will step up border controls. If the border-free zone within Europe were to disintegrate or be scrapped, it would call into question not only the road haulage industry's own, time-sensitive...

  • GENEVA— Swiss drug maker Novartis says it will cooperate with California- based biotech giant Amgen to develop and sell neuroscience treatments for illnesses and ailments like Alzheimer's disease and migraine headaches. A Novartis statement released late Tuesday said that as part of the deal, Amgen will make initial payments and cover some research and...

  • LONDON, Sept 1- Novartis and Amgen are joining forces in the hunt for an Alzheimer's treatment, in the latest sign that drugmakers believe an effective therapy for the memory-robbing disease may be within reach. Swiss-based Novartis said on Tuesday the alliance was part of a drive to build up its portfolio in neuroscience, following other deals this summer that...

  • MADRID— An American-Belgian businessman arrested for suspected involvement in enslavement and pillaging blood diamonds during Sierra Leone's civil war will be handed over shortly to Belgium, a Spanish court official said Monday. Spanish police said Desaedeleer, 64, was arrested last week at Malaga airport in southern Spain as he prepared to fly to the...

  • NYMEX-Oil prices fall on U.S. interest rate comments Sunday, 30 Aug 2015 | 9:04 PM ET

    *Some 31 U.S. senators have pledged to support the nuclear deal with Iran ahead of a Congressional vote by Sept. 17, moving President Barack Obama a step closer to having sufficient backing to ensure the deal stands. *Libya's National Oil Company and Central Bank chairmen met 26 oil majors including BP and ExxonMobil at meetings in London last week in a renewed...

  • GENEVA— Nestle says "forced labor has no place in our supply chain" following a U.S. class action lawsuit that alleges the Swiss food company knowingly supported a system of slave labor and human trafficking to make its Fancy Feast cat food. Nestle didn't deny the allegations in an email Sunday to The Associated Press but said its guidelines require suppliers to...

  • DIARY- Top Economic Events to Sept 12 Friday, 28 Aug 2015 | 8:01 PM ET

    ZURICH- Swiss National Bank head Thomas Jordan addresses a business gathering- 1600 GMT. REYKJAVIK- Launch of Economic Survey of Iceland 2015. NEW YORK- Federal Reserve Bank of Boston President Eric Rosengren speaks on the economic outlook before the Forecasters Club of New York- 1710 GMT. TOKYO- Japan Economics Minister Akira Amari speaks at a seminar at...

  • DIARY- Top Economic Events to Sept 10 Thursday, 27 Aug 2015 | 8:01 PM ET

    EDINBURGH, Scotland- Bank of England's Executive Director of Prudential Policy David Rule at the Credit Scoring and Credit Control XIV Conference, University of Edinburgh. REYKJAVIK- Launch of Economic Survey of Iceland 2015. NEW YORK- Federal Reserve Bank of Boston President Eric Rosengren speaks on the economic outlook before the Forecasters Club of New...

  • US targets Swiss bodega for ties to Colombian rebels Thursday, 27 Aug 2015 | 11:40 AM ET

    BOGOTA, Colombia— The U.S. Treasury Department is levying financial sanctions on four Colombians accused of laundering money for leftist rebels through a speciality grocer and money transfer shop in Switzerland. The four individuals targeted Thursday as foreign narcotics kingpins ran a Zurich- based bodega called the Colombiano Latin Shop that...

  • DIARY- Top Economic Events to Sept 9 Wednesday, 26 Aug 2015 | 8:00 PM ET

    German Chancellor Angela Merkel, EU foreign policy chief Federica Mogherini, European Commission Vice President Maros Sefcovic, European Bank for Reconstruction and Development President Sir Suma Chakrabarti and prime ministers of Italy, Serbia, Slovenia, Croatia and Albania to attend. PARIS- European Central Bank board member Benoit Coeure speaks at the...

  • WASHINGTON, Aug 26- The World Trade Organization has ruled against India in a dispute with the United States over its solar power program, Indian business newspaper Mint reported on Wednesday. Mint quoted an unnamed official from the Indian commerce ministry as saying the country planned to appeal the decision, made after the United States complained about...

  • Monsanto abandons takeover bid for Swiss rival Syngenta Wednesday, 26 Aug 2015 | 11:16 AM ET

    WASHINGTON— Agricultural business giant Monsanto is abandoning its takeover bid for competitor Syngenta AG after the Swiss chemical producer rejected its latest offer of nearly $47 billion. A combination with Basel- based Syngenta would have made Monsanto the world's largest producer of farming chemicals, in addition to its market-leading seed business.

  • *China stock indexes give up early gains despite rate cuts. NEW YORK, Aug 26- Wall Street opened higher and European shares cut their losses on Wednesday as investors tried to shake off fears about China's slowing economy. "The root of this is concern that growth in China may be a lot lower than what the market had thought," said Michael Bolliger, head of emerging market...

  • *China stock indexes give up early gains despite rate cuts. LONDON, Aug 26- Wall Street was expected to open almost 2 percent higher and Europe staged a fight-back on Wednesday, as traders tried to shake off fears about China's slowing economy and stocks collapse that is wreaking havoc in global markets. Europe's main bourses, which had surged on Tuesday after...

  • GLOBAL MARKETS-World shares sag as China jitters persist Wednesday, 26 Aug 2015 | 4:53 AM ET

    *China stock indexes give up early gains despite rate cuts. LONDON, Aug 26- World shares sagged on Wednesday as investors feared fresh rate cuts in China may not be enough to stabilize its slowing economy or halt a stocks collapse that is wreaking havoc in global markets. Europe's main stock markets, which had surged on Tuesday after China's moves, reopened 2...

  • DIARY- Top Economic Events to Sept 7 Monday, 24 Aug 2015 | 8:01 PM ET

    MANNHEIM, Germany- European Central Bank Vice President Vitor Constancio speaks at the ECB session "Effects of non-standard monetary policy measures: evidence and challenges" at the 30th Annual Congress of the European Economic Association- 1040 GMT. MANNHEIM, Germany- European Central Bank Chief Economist Peter Praet speaks at the session "The Euro crisis...

  • NEW YORK and CHICAGO, Aug 24- U.S.-based Monsanto Co sweetened its offer to buy Switzerland's Syngenta AG, valuing the company at around $47 billion as it tries to lure the Swiss firm to the negotiating table, a person familiar with the matter said on Monday. Monsanto, which wants to combine its world-leading seeds business with Syngenta's own seeds and...

  • BERN, Switzerland— A Swiss official says his country has made headway toward returning some $40 million that was stolen from the Tunisian state and has been sitting in Swiss banks since Tunisia's longtime regime collapsed in the Arab Spring uprising. Zellweger declined to specify who had deposited the money in Switzerland, but said it wasn't former President...

  • ZURICH, Aug 13- Switzerland's lifting of some economic sanctions against Iran on Thursday should allow Swiss-based companies to take advantage if the U.S. and European Union eliminate their own trade curbs. The Swiss government, acting after a July 14 deal between Tehran and six big powers to curb Iran's nuclear program, officially lifted a ban on trading...

  • SNB targets summer market lull to weaken Swiss franc Wednesday, 5 Aug 2015 | 8:05 AM ET

    LONDON, Aug 5- Switzerland's interventionist central bank is using the window of opportunity created by a summer lull in global currency markets to push down the value of the Swiss franc with less effort and at lower cost. "In thin volumes, they are the big guys," said Peter Rosenstreich, chief FX analyst at Swissquote Bank, Geneva. The SNB, one of the few major central...