GO
Loading...

Enter multiple symbols separated by commas

Europe Top News and Analysis Switzerland

More

  • The curse of being a safe haven currency Wednesday, 17 Jun 2015 | 10:39 AM ET
    A Swiss franc and euro banknotes

    It's tough being a low-yielding safe haven currency. In good times, nobody wants you. In bad times, you're highly sought after.

  • This city is the most expensive for expats Wednesday, 17 Jun 2015 | 2:35 AM ET

    Think London, Sydney or New York are expensive? Then the results of Mercer's annual Cost of Living survey will surprise you!

  • *Commerzbank sees Brent in range $60 to $65. LONDON, June 15- Oil prices fell on Monday as the Greek debt crisis helped boost the dollar, making fuel more expensive to holders of other currencies, and as United Nations talks offered a chance for peace in Yemen where crude exporter Saudi Arabia is involved in a civil war. Production has been increasing in top OPEC...

  • *Commerzbank sees Brent in range $60 to $65. LONDON, June 15- Oil prices steadied on Monday as a storm that could impact the Gulf of Mexico raised concerns over U.S. production but talks in Geneva offered a chance for peace in Yemen where top crude exporter Saudi Arabia has been involved in a civil war. Brent has fallen from a high above $66 last week and appears to be...

  • SINGAPORE, June 15- Oil prices stabilized after early falls on Monday as a storm that could impact Gulf of Mexico operations supported U.S. crude and Saudi-led air strikes on Yemen's capital pushed up international Brent contracts. In the Middle East, warplanes from a Saudi-led coalition bombarded Yemen's capital Sanaa overnight, a Reuters witness said, as the...

  • The priciest place to take a vacation is... Sunday, 14 Jun 2015 | 2:00 PM ET
    Geneva.

    At the foot of Switzerland's Alps and along Lake Geneva lies one of the most luxurious—and pricey—cities in the world.

  • Hopes high for Thiam turnaround at Credit Suisse Sunday, 14 Jun 2015 | 9:31 AM ET

    ZURICH/ LONDON, June 14- Tidjane Thiam starts work as CEO of Credit Suisse next month with investors optimistic he can bring about a major change of strategy at the bank, even if he has to raise cash to do it. An expectation that the 52- year-old will successfully switch Credit Suisse's focus to lucrative Asian wealth management and shrink its cash-intensive...

  • *Plans to expand in U.S., set up in Dubai. The bank managed 10.7 billion Swiss francs at the end of 2014, and although that fell by 9 percent in 30 minutes on Jan. 15, when the Swiss National Bank unleashed a huge rise in the value of the currency, it has since recovered and grown again. "We are working on a 2016-2020 plan which involves getting our assets under management...

  • *Energy firms accelerate activity ahead of Paris summit. Discrete talks in the eyrie of Davos in January led to a spontaneous, light bulb moment on a stage in Oslo in February. Faced with growing pressure from shareholders, vocal divestment campaigns by the media and advocacy groups, there looms the critical moment of the United Nations climate summit in Paris in...

  • Deutsche Bank's new CEO Cryan seeks to steady nerves Thursday, 11 Jun 2015 | 1:54 PM ET

    FRANKFURT, June 11- Deutsche Bank's top managers have met with the bank's new chief executive John Cryan this week as he works hard to keep them on board, at least for now, following Sunday's shock announcement that he would replace Anshu Jain in July. Deutsche Bank's chairman Paul Achleitner and departing co-CEO Jain have also offered executives assurances...

  • Kazakhstan to join WTO after 20 years of talks Thursday, 11 Jun 2015 | 7:04 AM ET

    GENEVA, June 11- Kazakhstan has completed the negotiations needed to join the World Trade Organization, the Geneva- based trade body said in a statement, and is on track to become the 162nd WTO member by the end of the year. Kazakhstan is part of the Eurasian Economic Union, a regional trade grouping that includes Russia, Armenia, Kyrgyzstan and Belarus and has common...

  • *Togo carves out role as West African transit hub. LOME, June 11- The scale of Togo's ambition is clear as you fly into the capital, Lome. President Faure Gnassingbe, scion of a dynasty that has ruled Togo for nearly half a century, is modeling his country on Singapore or Dubai.

  • CARACAS, June 9- Venezuela on Tuesday demanded that neighboring Guyana halt oil exploration being carried out by Exxon Mobil Corp in disputed offshore territory in an escalation of a long-running border dispute between the two South American nations. Exxon last month said it found oil off Guyana's coast, spurring complaints from Caracas that Guyana is...

  • CARACAS, June 9- Venezuela on Tuesday demanded that neighboring Guyana halt oil exploration being carried out by Exxon Mobil Corp in disputed offshore territory in an escalation of a long-running border dispute between the two South American nations. Exxon last month said it found oil off Guyana's coast, spurring complaints from Caracas that Guyana is...

  • SEOUL/ HONG KONG, June 9- Hong Kong issued a "red alert" advisory on Tuesday against non-essential travel to South Korea, where eight new cases of Middle East Respiratory Syndrome were reported, bringing the total to 95 with seven fatalities. "At this stage, to issue a clear message is something the Hong Kong government thinks is necessary," Hong Kong's number two...

  • TAKE A LOOK-Reuters Wealth Management Summit Tuesday, 9 Jun 2015 | 6:37 AM ET

    Fund managers and regulators in London, New York, Hong Kong, Singapore and Geneva will participate in the Reuters Wealth Management Summit from June 8-11 to discuss where people are putting their money and other topics, including alternative investments, digital currencies, millennial clients, consolidation and regulatory issues. >Merrill Lynch pivots to...

  • After the public consultation ends in September, Basel will decide on which approach to chose and when the first global bank capital rule of its kind would take effect. Basel said its review of how banks treat the impact of interest rate risks on their main banking book was aimed at making sure lenders hold enough capital to cover potential losses from exposures...

  • June 8- The Basel Committee has proposed two options to require banks to set aside more capital to cover risks from changes in interest rates. Basel, a group of banking regulators from nearly 30 countries, set out the two options in a document for public consultation. The options comprise a mandatory minimum capital surcharge and a capital-add on at the...

  • *Actelion shares up 7 percent at all-time high. *Shire a serial acquirer; Actelion unwilling seller in past. LONDON, June 8- Shares in Actelion, Europe's biggest biotech company, jumped 7 percent to a record high on Monday after a report Shire was considering a $18 billion takeover of the Swiss group to boost its rare diseases business.

  • NEW YORK, June 4- The U.S. Securities and Exchange Commission is investigating allegations that Andrew Liveris, chairman and chief executive officer of industrial giant Dow Chemical Co, misused company funds for personal benefit, according to people familiar with the matter. It is not clear whether the SEC investigation is limited to the spending allegations...