Europe Top News and Analysis Switzerland

  • ZURICH, Nov 9- Swiss flavour and fragrance maker Givaudan said it was buying U.S. Ungerer& Company for an undisclosed sum as part of its long-term growth strategy. The Geneva- based company did not disclose the terms of the deal, which it said it would fund through issuing new debt. Ungerer, based in New Jersey, was founded more than 125 years ago and has a presence in more...

  • ZURICH, Nov 9- Swiss flavor and fragrance maker Givaudan said it was buying U.S. Ungerer& Company for an undisclosed sum as part of its long-term growth strategy. The Geneva- based company did not disclose the terms of the deal, which it said it would fund through issuing new debt. Ungerer, based in New Jersey, was founded more than 125 years ago and has a presence in more...

  • The decision came in Geneva at the penultimate scheduled meeting ahead of the deadline the WTO has set itself to end billions of dollars in subsidies that are leading to massive overfishing and depletion of stocks. The closed-door meetings in Geneva are the biggest ongoing negotiations within the WTO and delegates say the credibility of the institution,...

  • SAO PAULO, Nov 7- Banco do Brasil SA on Thursday posted a 33.5% rise in third-quarter profit helped by higher consumer lending and fee income. Recurring net income, which excludes one-time items, rose to 4.543 billion reais from 3.402 billion reais and topped the 4.356 billion expected by analysts, Refinitiv estimates showed. As its profit gained momentum, the...

  • LONDON, Nov 7- World markets have run into sand, struggling to make further headway after the week's early sprint higher on trade truce hopes and easing recession fears. While most signals from Washington and Beijing are that a' Phase One' trade deal is at hand, it now appears that won't be signed this month and indications are that the much-touted meeting between...

  • One possible location is London, where the two leaders could meet after a NATO summit that Trump is due to attend from Dec. 3-4, the official said. Other sites are possible in Europe and Asia, but the former is more likely, with Sweden and Switzerland among the possibilities. The official said China was believed to see a quick deal as its best chance for favorable terms,...

  • PARIS, Nov 6- French volunteer search teams have found fragments from an engine that exploded in mid-air over eastern France in July, officials said on Wednesday. The discovery came in an unprecedented search operation involving 150 members of the public after French air accident investigation agency BEA asked volunteers to help comb a forest for a titanium...

  • ZURICH, Nov 6- Swiss Re is looking at buying a stake in China Pacific Insurance Co. via a primary offering of the Chinese company's securities, the Swiss re-insurer said on Wednesday. Swiss Re declined to comment on a separate report that China Pacific was planning to take a stake in the Zurich- based company, but said it was not planning to issue shares or make...

  • WASHINGTON, Nov 6- A meeting between U.S. Dozens of venues have been suggested for the meeting, which had originally been scheduled to take place on the sidelines of a now-canceled mid-November summit of Asia-Pacific leaders in Chile, the official said. They included sites in Europe and Asia, but the former was more likely, with Sweden and Switzerland among the...

  • EXCLUSIVE- EUROPE A LIKELY VENUE FOR TRUMP-XI MEETING, WITH SWITZERLAND AND SWEDEN AMONG SITES UNDER CONSIDERATION; IOWA NOT LIKELY SENIOR TRUMP ADMINISTRATION OFFICIAL.

  • FRANKFURT/ DUESSELDORF, Nov 6- Thyssenkrupp will receive first bids for its elevator division this week, three people familiar with the matter said, as major stakeholders differ over whether the conglomerate should sell a majority stake in its most profitable asset. This plan would help Kone to realize its ambition of becoming the world's largest elevator...

  • ZURICH, Nov 6- Barry Callebaut, which makes chocolate and cocoa products for firms like Nestle and Unilever, stuck to a sales volume growth target of 4-6% over the next three years, counting on new outsourcing deals to fuel growth. Although global chocolate confectionery consumption is only growing slowly, Barry Callebaut said its focus on outsourcing...

  • ZURICH, Nov 6- Bombardier said on Wednesday it had alleviated technical problems that have held up deliveries of trains to Swiss Federal Railways as the Canadian plane-and-train-maker aims to complete the long-delayed contract by mid-2021. The company said the reliability of the 23 trains in operation had increased by a factor of seven in recent weeks and...

  • HAVANA, Nov 5- Cash-strapped Cuba has begun paying a fourth installment on its renegotiated $2.6 billion debt to 14 creditor nations, and its chief debt negotiator, Ricardo Cabrisas, told Reuters this week that all payments would be made, even if a bit late. Communist-run Cuba reached an agreement in 2015 with members of the Paris Club of wealthy creditor nations...

  • Adecco Group said on Tuesday that "challenging market conditions" were weighing on the temporary staffing company's results.

  • KUALA LUMPUR, Nov 5- Malaysia is working to locate at least $4.3 billion in assets that have yet to be accounted for in a global money laundering probe into state fund 1 MDB, its anti-corruption chief said on Tuesday. The United States struck a deal last week to recover about $700 million more from fugitive financier Jho Low, who has played a central role in the...

  • GENEVA, Nov 4- The European Union argued on Monday for the withdrawal of tariffs imposed by U.S. The measures spurred nine complaints to the WTO from steel-exporting countries including China, India, Russia and Turkey. Canada and Mexico have since terminated their cases after agreeing an updated free trade pact with the United States.

  • *Jho Low charged in Malaysia, U.S. over alleged theft. KUALA LUMPUR, Nov 4- Malaysian fugitive Low Taek Jho, wanted over a multibillion dollar scandal at state fund 1 MDB, is living in a country that has refused to cooperate on efforts to retrieve him, Malaysia's police chief said on Monday, according to the state news agency. Low, also known as Jho Low, has been charged in...

  • A new ski trip covers five countries in 34 days.

    You could choose just one ski destination in Europe, Asia or North America — but why limit yourself?

  • *China's official Xinhua news agency among firms targeted. HONG KONG, Nov 2- Police fired tear gas at black-clad protesters across Hong Kong on Saturday after they set fire to metro stations and vandalised buildings including China's official Xinhua news agency in some of the worst violence to hit the city in weeks. Just as a crowd of largely peaceful...