×

Europe Top News and Analysis Switzerland

  • LONDON— Prime Minister Theresa May had hoped the election would provide more certainty to Britain's exit from the European Union. One analysis of the vote's outcome points to a "softer" Brexit, one that leaves Britain with some degree of privileged trade access to the EU's massive, tariff-less single market. By contrast, Britain's minister in charge of the Brexit...

  • *IMF lifts 2017 growth forecast to 6.7 pct from 6.6 pct in April. BEIJING, June 14- The International Monetary Fund on Wednesday raised its forecast for China's 2017 economic growth to 6.7 percent, its third increase this year, citing "policy support, especially expansionary credit and public investment". "The critically important recent focus on tackling...

  • Singapore's business district skyline at dusk

    Financial centers Singapore and Hong Kong will attract more wealth in the coming years, helping to propel Asia Pacific to become wealthiest region by 2019.

  • ISLAMABAD, June 14- Last year, Pakistan held informal talks with General Electric, Siemens and Switzerland's ABB to build the country's first high-voltage transmission line. In Pakistan, whose geographical position makes it central to Beijing's " Silk Road" plans, contracts have been awarded for projects worth more than $28 billion all by Chinese companies...

  • ROME European Central Bank board member Vitor Constancio will give the opening speech at the convention on "Banking Union and Basel 3- Risk and Supervision" organized by the Italian Banking Association in Rome 0815 GMT. FRANKFURT- Riksbank Deputy Governor Cecilia Skingsley is taking part in a panel discussion on how new technologies shape the future of...

  • ROME European Central Bank board member Vitor Constancio will give the opening speech at the convention on "Banking Union and Basel 3- Risk and Supervision" organized by the Italian Banking Association in Rome 0815 GMT. FRANKFURT- Riksbank Deputy Governor Cecilia Skingsley is taking part in a panel discussion on how new technologies shape the future of...

  • *Green Climate Fund's biggest payment so far to U.S. group. SEOUL/ OSLO, June 13- The $10 billion Green Climate Fund that U.S. President Donald Trump said was a waste of tax dollars has fallen behind on its goals, with a biggest payout so far of just $5 million for a U.S.-led solar energy project.

  • Lung cancer

    Roche-backed Foundation Medicine will bring its genomic sequencing of tumors to China in the third quarter.

  • SINGAPORE, June 13- The Canadian dollar rose to its highest level in nearly two months on Tuesday, buoyed by hawkish comments from Canada's central bank, while worries about UK political uncertainty dented sterling. Bank of Canada Senior Deputy Governor Carolyn Wilkins said on Monday first-quarter growth was "pretty impressive" and that signs economic growth...

  • **LONDON- Bank of England Director of the Supervisory Risk Specialists Charlotte Gerken will give speech at Operational Risk Europe 2017 1450 GMT. **LONDON- Bank of England Director for Banknotes and Chief Cashier Victoria Cleland will participates in the ATM& Cash Innovation Europe 2017 1420 GMT. LONDON European Central Bank board member Sabine...

  • **LONDON- Bank of England Director of the Supervisory Risk Specialists Charlotte Gerken will give speech at Operational Risk Europe 2017 1450 GMT. **LONDON- Bank of England Director for Banknotes and Chief Cashier Victoria Cleland will participates in the ATM& Cash Innovation Europe 2017 1420 GMT. LONDON European Central Bank board member Sabine...

  • A heroin user prepares to inject himself in New London, Conn.

    Vancouver gives heroin to drug users suffering from addiction — and it works, Vox reports.

  • LONDON/ PARIS, June 12- Europe, led by France, is set to scupper attempts this week to reach a compromise deal on bank capital rules, arguing that the levels being set to avoid future taxpayer bailouts are too high, people familiar with the talks told Reuters. But no final deal is likely this week given that France, backed by Germany and the Netherlands, is unhappy with...

  • LONDON/ PARIS, June 12- Europe, led by France, is set to scupper attempts this week to reach a compromise deal on bank capital rules, arguing that the levels being set to avoid future taxpayer bailouts are too high, people familiar with the talks told Reuters. But no final deal is likely this week given that France, backed by Germany and the Netherlands, is unhappy with...

  • *FTSE 100 up 1 pct, boosted by sterling's fall. LONDON, June 9- An election upset for Prime Minister Theresa May sent Britain's major share index shooting up on Friday, feeding off a weaker currency, while housebuilders suffered losses as uncertainty about the UK's leadership grew before Brexit negotiations. The FTSE 100 gained 1 percent after Britons dealt the...

  • VALLETTA- Informal meeting of the EU General Affairs Council. LUXEMBOURG CITY- EU Justice and Home Affairs Council meeting. MADRID- Bank of Spain Governor Luis M. Linde will deliver a speech at the "Twenty-First Annual European Financials Conference", organized by Goldman Sachs- 1030 GMT.

  • *Swiss banks used London as springboard to EU. The cutbacks come as the bank's Zurich neighbor UBS, the world's largest private bank, also considers moving hundreds of staff out of London as Britain prepares to embark on divorce talks with the European Union. For Credit Suisse, the job cuts, which will take its London staff to roughly 5,000, is part of a paring down of...

  • GENEVA, June 8- The world's highest court for resolving international trade disputes is clogged up with big and complex cases, and the congestion is unlikely to clear soon, its most senior member said in a speech on Thursday. Ujal Singh Bhatia, chairman of the Appellate Body of the World Trade Organization, said he and his six fellow appeals judges were already...

  • *Swiss banks used London as springboard to EU. The cutbacks come as the bank's Zurich neighbour UBS, the world's largest private bank, also considers moving hundreds of staff out of London as Britain prepares to embark on divorce talks with the European Union. For Credit Suisse, the job cuts, which will take its London staff to roughly 5,000, is part of a paring down...

  • STOCKHOLM- Swedish central bank deputy governor, Cecilia Skingsley, to speak at the SABO financial conference and give her view of the current economic situation in Sweden and abroad. VALLETTA- Informal meeting of the EU General Affairs Council. OTTAWA- Bank of Canada Governor Stephen Poloz and Senior Deputy Governor Carolyn Wilkins to hold a press conference...