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Europe Top News and Analysis Switzerland

  • Donald Trump's view of world trade will be challenged next week when he visits the World Economic Forum at Davos, judging by a paper seen by Reuters on Wednesday that is aimed squarely at his "America First" stance. "A widely held view is that a country's trade balance is a key measure of its international commercial success," said co-authors Harvard professor...

  • GENEVA— A survey by the World Economic Forum finds that more than nine in 10 experts are worried about worsening economic or political confrontation between world powers, amid a trend toward "charismatic strongman politics." The WEF, the organizer of the annual Davos conference that convenes next week, cites a "deteriorating geopolitical landscape" and...

  • *Survey comes a week before Trump heads to Davos. BERLIN, Jan 17- The risk of political and economic confrontations between major powers, including outright military conflicts, has risen sharply, according to a survey released by the World Economic Forum days before its annual gathering in Davos. President Donald Trump and North Korean leader Kim Jong Un that has...

  • Robert Shiller

    U.S. President Donald Trump is like a "revolution" taking place in U.S. society, according to Nobel Prize-winning economist Robert Shiller.

  • LONDON/ MILAN, Jan 16- Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path towards healthier products. Nestle, the world's biggest packaged-food company, has cited the unit's weak position in the United States, where...

  • GENEVA, Jan 16- Inventory levels at multi-brand watch retailers are still too high, two top industry executives said on Tuesday, suggesting a robust recovery in luxury watch sales may be some way off. "Inventories at retailers are still huge, especially in Asia. Some brands bought back unsold watches, but the problem has not been solved, " Richard Mille, head of the...

  • President Donald Trump will deliver the closing address at the elite World Economic Forum conference in Davos next week, which focuses on "finding ways to reaffirm international cooperation on crucial shared interests," forum organizers announced Tuesday. Ten heads of state or government from Africa, nine from the Middle East and North Africa, and six from...

  • French President Emmanuel Macron gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, 2016, when he was French finance minister.

    French President Emmanuel Macron is 'the man to watch' in Davos for clues on where Europe is heading.

  • An attendee in the audience takes a photograph on a smartphone device during a special session at the World Economic Forum (WEF), in this photograph taken with a tilt-shift lens, in Davos, Switzerland, on Thursday, Jan. 21, 2016

    The World Economic Forum (WEF) is often criticized for being not much more than a talking shop but it begs to differ.

  • GENEVA, Jan 14- Luxury goods group LVMH's watch and jewelry sales rose more than 10 percent last year, the head of the group's Hublot brand said on Sunday. The rise was more than 10 percent for the watch and jewelry business as a whole, "Hublot Chief Executive Ricardo Guadalupe told Reuters in Geneva ahead of an international watch fair. The watch fair is dominated by...

  • GENEVA, Jan 14- Luxury goods group LVMH's watch and jewellery sales rose more than 10 percent last year, the head of the group's Hublot brand said on Sunday. The rise was more than 10 percent for the watch and jewellery business as a whole, "Hublot Chief Executive Ricardo Guadalupe told Reuters in Geneva ahead of an international watch fair. The watch fair is...

  • *Deal with SPD increases chances that Merkel will go to Davos. BERLIN, Jan 14- German Chancellor Angela Merkel is considering joining French President Emmanuel Macron at the World Economic Forum in Davos next week in what could turn into an epic clash of competing world views with U.S. But after clinching a preliminary coalition agreement with the centre-left...

  • ZURICH, Jan 13- Anti-globalisation demonstrators took to the streets of the Swiss capital on Saturday to protest against a planned visit by U.S. President Donald Trump to the World Economic Forum this month. Trump announced last week that he would attend the WEF in Davos, an annual meeting of global business and political leaders.

  • ZURICH, Jan 13- Anti-globalisation demonstrators took to the streets of the Swiss capital on Saturday to protest against a planned visit by U.S. President Donald Trump to the World Economic Forum this month. Trump announced last week that he would attend the WEF in Davos, an annual meeting of global business and political leaders.

  • ZURICH, Jan 13- Anti-globalization demonstrators took to the streets of the Swiss capital on Saturday to protest against a planned visit by U.S. President Donald Trump to the World Economic Forum this month. Trump announced last week that he would attend the WEF in Davos, an annual meeting of global business and political leaders.

  • ZURICH, Jan 13- Anti-globalization demonstrators took to the streets of the Swiss capital on Saturday to protest against a planned visit by U.S. President Donald Trump to the World Economic Forum this month. Trump announced last week that he would attend the WEF in Davos, an annual meeting of global business and political leaders.

  • LONDON/ PARIS/ BEIJING, Jan 12- China's COFCO International is in the throes of a staffing upheaval as the group pursues its professed ambition of sitting at the top table of global agricultural traders. Its assets include port facilities in Brazil and Romania, sugar mills in Brazil and grain silos across the globe. Last month Yu Xubo, president of the Beijing- based...

  • WASHINGTON, Jan 11- President Donald Trump's delegation to the World Economic Forum in Davos, Switzerland, this month will include Treasury Secretary Steve Mnuchin, Commerce Secretary Wilbur Ross and U.S. Trade Representative Robert Lighthizer, a senior administration official told Reuters. Trump himself plans to address the annual elite gathering of...

  • LAS VEGAS— The flash of the CES technology show in Las Vegas is all about robots, drones and smart gadgets. But its subtext is all about Google versus Amazon. Executives from both companies have also been turning up at press conferences held by other companies such as Panasonic, LG and Toyota.

  • *Regulator says Basel 3 implementation unnecessarily long. The Office of the Superintendent of Financial Institutions said on Tuesday it would replace the current capital output floor used by Canada's banks with the more risk-sensitive Basel 2 floor, calibrated at 75 percent, a change designed as an interim step before the new global Basel 3 rules are phased...