×

Europe Top News and Analysis Switzerland

  • LONDON, Oct 12- The World Economic Forum is bringing insurers, tech firms and governments together to find ways to tackle risks from new technology such as drones and driverless cars, it said on Thursday. Northeast electrical grid, for example, could cause economic losses as high as $222 billion, according to research carried out for the specialist Lloyd's of...

  • WASHINGTON, D.C.- Bank of England Chief Economist Andy Haldane is part of a panel at the Rethinking Macro Policy Conference- 1945 GMT. WASHINGTON, D.C.- Bank of England Governor Mark Carney participates in IMF meetings. WASHINGTON, D.C.- Riksbank Deputy Governor Cecilia Skingsley is participating in a discussion about the cashless society at IIF's Annual Meeting...

  • WASHINGTON, D.C.- Bank of England Chief Economist Andy Haldane is part of a panel at the Rethinking Macro Policy Conference- 1945 GMT. WASHINGTON, D.C.- Bank of England Governor Mark Carney participates in IMF meetings. WASHINGTON, D.C.- Riksbank Deputy Governor Cecilia Skingsley is participating in a discussion about the cashless society at IIF's Annual Meeting...

  • ZURICH, Oct 11- Novartis has decided not to sell its roughly $14 billion, 33 percent voting stake in Roche following a review, Chairman Joerg Reinhardt said in an interview published on Wednesday in Swiss newspaper HandelsZeitung. In May 2016, Chief Executive Officer Joe Jimenez said he was ready to sell the Roche stake without demanding a premium and that...

  • ZURICH, Oct 11- U.S. central banker Charles Evans is advocating a wait-and-see approach for the next round of interest rate hikes as the U.S. Federal Reserve normalises its expansive monetary policy. "I really don't see any harm in waiting longer to take more stock of the inflation situation," Chicago Federal Reserve Bank President Evans told reporters after an...

  • FRANKFURT, Oct 11- Global regulators are close to reaching an agreement on new banking rules designed to avoid a repeat of the 2008 financial crisis, the German central bank's representative at the talks said on Wednesday. Andreas Dombret's comments confirm a Reuters report on Tuesday that a decade-long effort to finalize the Basel III rules, aimed at making...

  • KALMAR, Sweden- Deputy Governor Cecilia Skingsley of Riksbank is giving a presentation on how Sweden is affected by developments abroad at the Baltic Sea Region and China Day 2017 conference hosted by Linnaeus University 0800 GMT. STOCKHOLM- First Deputy Governor Kerstin af Jochnick of Riksbank is participating in Samhällsbyggnadsdagarna and giving her...

  • KALMAR, Sweden- Deputy Governor Cecilia Skingsley of Riksbank is giving a presentation on how Sweden is affected by developments abroad at the Baltic Sea Region and China Day 2017 conference hosted by Linnaeus University 0800 GMT. STOCKHOLM- First Deputy Governor Kerstin af Jochnick of Riksbank is participating in Samhällsbyggnadsdagarna and giving her...

  • LONDON, Oct 10- Global banking regulators are close to a final deal on capital rules that aim to ensure banks can withstand financial shocks, with Europe and the United States set to compromise on a major sticking point, banking and regulatory sources said on Tuesday. Europe and the United States have disagreed over the extent to which banks can use their own risk...

  • CALIFORNIA, United States- Federal Reserve Bank of Dallas President Robert Kaplan participates in moderated Q&A session before the Stanford Institute for Economic Policy Research Associates Meeting, in Stanford, California 0000 GMT. KALMAR, Sweden- Deputy Governor Cecilia Skingsley of Riksbank is giving a presentation on how Sweden is affected by...

  • CALIFORNIA, United States- Federal Reserve Bank of Dallas President Robert Kaplan participates in moderated Q&A session before the Stanford Institute for Economic Policy Research Associates Meeting, in Stanford, California 0000 GMT. KALMAR, Sweden- Deputy Governor Cecilia Skingsley of Riksbank is giving a presentation on how Sweden is affected by...

  • ATHENS, Oct 9- Greece's largest carrier Aegean Airlines will add 11 new routes in 2018 and choose between Airbus and Boeing planes by the end of this year to renew its fleet, executives said on Monday. "We will need to make a long-term $2.5- $3.0 billion investment decision in the coming months," Vice Chairman Eftyhis Vassilakis told reporters. It will also fly to 11 new...

  • **LUXEMBOURG- ECB President Mario Draghi and board member Benoit Coeure participate in Eurogroup meeting in Luxembourg. TUESDAY, OCTOBER 10 WASHINGTON- Bank of Canada Senior Deputy Governor Carolyn A Wilkins will give panel remarks at International Monetary Fund, Washington- 1800 GMT. CALIFORNIA, United States- Federal Reserve Bank of Dallas President Robert...

  • **LUXEMBOURG- ECB President Mario Draghi and board member Benoit Coeure participate in Eurogroup meeting in Luxembourg. TUESDAY, OCTOBER 10 WASHINGTON- Bank of Canada Senior Deputy Governor Carolyn A Wilkins will give panel remarks at International Monetary Fund, Washington- 1800 GMT. CALIFORNIA, United States- Federal Reserve Bank of Dallas President Robert...

  • ZURICH, Oct 7- Zurich Insurance will have cut costs by $700 million by the end of the year, nearly halfway to its goal to save $1.5 billion by 2019, Chief Executive Mario Greco said in an interview published on Saturday. Greco, who had engineered a turnaround at Italy's Generali, was brought in last year by Zurich to reduce the company's high cost base and simplify its...

  • SATURDAY, OCTOBER 7 MONTREAL- Federal Reserve Bank of Boston President Eric Rosengren speaks before the 84th International Atlantic Economic Conference sponsored by the International Atlantic Economic Society- 1545 GMT. **LUXEMBOURG- ECB President Mario Draghi and board member Benoit Coeure participate in Eurogroup meeting in Luxembourg.

  • SATURDAY, OCTOBER 7 MONTREAL- Federal Reserve Bank of Boston President Eric Rosengren speaks before the 84th International Atlantic Economic Conference sponsored by the International Atlantic Economic Society- 1545 GMT. **LUXEMBOURG- ECB President Mario Draghi and board member Benoit Coeure participate in Eurogroup meeting in Luxembourg.

  • *Treasury says global regulatory forums need greater transparency Could put U.S. on collision course with Europe, other countries. WASHINGTON/ LONDON, Oct 6- The U.S. The recommendation comes days before global regulators from the Basel Committee and the Financial Stability Board are due to convene in Washington ahead of an International Monetary Fund...

  • WASHINGTON— The U.S. Commerce Department said Friday that it is imposing more duties on Canada's Bombardier C series aircraft, charging that the Canadian company is selling the planes in America below cost. "The United States is committed to free, fair and reciprocal trade with Canada, but this is not our idea of a properly functioning trading relationship,"...

  • *Catalan leader to address lawmakers on Tuesday. BARCELONA/ MADRID, Oct 6- Catalan secessionists were working on Friday towards a unilateral declaration of independence from Spain that could be adopted next week in defiance of a court order and increased economic pressure from Madrid. A Catalan legislator was quoted by El Mundo newspaper as saying...