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Europe Top News and Analysis Switzerland

  • VIENNA- European Central Bank Board Member Sabine Lautenschlager will participate in strategy panel "CROs im Dialog mit Spitzenvertretern der Aufsicht, Notenbank und Politik" at 25. BRUSSELS- European Central Bank Board Member Daniele Nouy will deliver an introductory statement on the occasion of the presentation of the ECB Annual Report on supervisory...

  • *Trial failure trims Novartis blockbuster hopefuls to 12. *Some traders say failed drug had $2 bln/ year potential. ZURICH, March 22- Novartis's heart failure drug serelaxin flopped in a late-stage trial by not cutting cardiovascular death or slowing disease progression, marking the likely demise of a drug hopeful the Swiss firm had promoted as a potential...

  • ZURICH, March 22- Novartis' efforts to expand its heart treatment franchise beyond its flagship Entresto business suffered a blow when it announced on Wednesday its acute heart failure drug serelaxin had failed in a late-stage trial. Serelaxin, once seen a potential blockbuster, suffered a string of setbacks in 2014 when European Union health regulators and...

  • WASHINGTON- Federal Reserve Deputy Director for Division of Bank Supervision and Regulation Maryann Hunter will attend American Bankers Association's Government Relations Summit- 1145 GMT. FRANKFURT- French Central Bank Chief Francois Villeroy de Galhau and other top European finance officials speak in Frankfurt. FRANKFURT- European Central Bank...

  • WASHINGTON- Federal Reserve Deputy Director for Division of Bank Supervision and Regulation Maryann Hunter will attend American Bankers Association's Government Relations Summit- 1145 GMT. FRANKFURT- French Central Bank Chief Francois Villeroy de Galhau and other top European finance officials speak in Frankfurt. FRANKFURT- European Central Bank...

  • LONDON, March 21- Singapore remains the world's most expensive city to live in, a study showed on Tuesday, with two Japanese cities-- Tokyo and Osaka-- returning to the top 10 thanks to the strengthening of the yen. Almaty in Kazakhstan was the least expensive, followed by Lagos in recession-hit Nigeria. Europe was represented in the top 10 by four cities-- Zurich at three,...

  • LONDON, March 21- Singapore remains the world's most expensive city to live in, a study showed on Tuesday, with two Japanese cities-- Tokyo and Osaka-- returning to the top 10 thanks to the strengthening of the yen. Almaty in Kazakhstan was the least expensive, followed by Lagos in recession-hit Nigeria. Europe was represented in the top 10 by four cities-- Zurich at three,...

  • LONDON, March 21- Singapore remains the world's most expensive city to live in, a study showed on Tuesday, with two Japanese cities-- Tokyo and Osaka-- returning to the top 10 thanks to the strengthening of the yen. Almaty in Kazakhstan was the least expensive, followed by Lagos in recession-hit Nigeria. Europe was represented in the top 10 by four cities-- Zurich at three,...

  • LONDON, March 21- Singapore remains the world's most expensive city to live in, a study showed on Tuesday, with two Japanese cities-- Tokyo and Osaka-- returning to the top 10 thanks to the strengthening of the yen. Almaty in Kazakhstan was the least expensive, followed by Lagos in recession-hit Nigeria. Europe was represented in the top 10 by four cities-- Zurich at three,...

  • LONDON, March 21- Singapore topped the Economist Intelligence Unit's twice-yearly list of the world's most expensive cities. Here is the ranking for the most expensive and cheapest cities:. (Reporting by Jeremy Gaunt, editing by Pritha Sarkar).

  • LONDON- Federal Reserve Bank of New York President and CEO William Dudley will attend an event "Banking Culture; An International Challenge and an Opportunity" organized by Banking Standards Board and the Lord Mayor of London- 0820 GMT. LONDON- Federal Reserve Bank of New York President and CEO William Dudley will attend an event "Worthy of Trust?

  • LONDON- Federal Reserve Bank of New York President and CEO William Dudley will attend an event "Banking Culture; An International Challenge and an Opportunity" organized by Banking Standards Board and the Lord Mayor of London- 0820 GMT. LONDON- Federal Reserve Bank of New York President and CEO William Dudley will attend an event "Worthy of Trust?

  • Transocean rig, Gulf of Mexico

    Shares of Transocean fell more after Borr Drilling announced it will acquire 15 of Transocean's rigs in a deal valued at $1.35 billion.

  • PARIS— Swiss bank UBS AG has been ordered to stand trial in France for allegedly helping wealthy French clients evade the country's tax authorities after it rejected as too pricey an out-of-court settlement offer from prosecutors. Investigators suspect the Swiss bank for years sent its employees to solicit wealthy businessmen or sportsmen during sport or...

  • Norwegians are a whole lot happer than Americans, according to a new report

    According to the World Happiness Report, Norway is the happiest country in the world.

  • LONDON— Sotheby's is displaying the startling "pink star" diamond in London before it's being auctioned in Hong Kong next month. It said Monday that the 59.60- carat gem is the largest flawless fancy pink diamond ever graded by the Gemological Institute of America. Sotheby's jewelry division chief David Bennett said the gem's size and color "surpassed any known...

  • *UBS set to face trial in French tax case. ZURICH, March 20- UBS and its French subsidiary face a trial in France after authorities laid out charges against the Swiss bank, marking an escalation of a long-running probe into allegations they helped wealthy clients avoid taxes. French newspaper JDD said UBS had rejected a 1.1 billion euro settlement proposed by...

  • *China is South Korea's largest trading partner. South Korea and the United States say the sole purpose of the Terminal High Altitude Area Defense system is to guard against missile launches from North Korea, but China says that its powerful radar could penetrate into its territory. It would be up to South Korea to follow up on its complaint to the WTO for any...

  • BRUSSELS- European Central Bank Board Member Benoit Coeure will participate in Eurogroup meeting in Brussels, Belgium. NEW YORK- Chicago Fed President Charles Evans to speak before the New York Association for Business Economics. WASHINGTON- Federal Reserve Deputy Director for Division of Bank Supervision and Regulation Maryann Hunter will attend...

  • BRUSSELS- European Central Bank Board Member Benoit Coeure will participate in Eurogroup meeting in Brussels, Belgium. NEW YORK- Chicago Fed President Charles Evans to speak before the New York Association for Business Economics. WASHINGTON- Federal Reserve Deputy Director for Division of Bank Supervision and Regulation Maryann Hunter will attend...