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Europe Top News and Analysis Switzerland

  • ZURICH, Nov 10- Swiss drugmaker Roche on Friday won a key European panel's recommendation for its multiple sclerosis drug Ocrevus, which is on track for nearly $1 billion in sales in 2017 after winning U.S. regulators' go-ahead earlier this year. Ocrevus, which racked up sales of 500 million Swiss francs in the first nine months of 2017, is seen generating revenue...

  • FRIDAY, NOVEMBER 10 ATHENS- Greece central banker and member of ECB governing council Yannis Stournaras speaks in EUArab summit in Athens 0730 GMT WINDSOR, United Kingdom- ECB Executive Board member Yves Mersch gives speech at 2017 Cumberland Lodge Financial Services Summit organized the European Policy Forum in Windsor, United Kingdom 1230 GMT.

  • FRIDAY, NOVEMBER 10 ATHENS- Greece central banker and member of ECB governing council Yannis Stournaras speaks in EUArab summit in Athens 0730 GMT WINDSOR, United Kingdom- ECB Executive Board member Yves Mersch gives speech at 2017 Cumberland Lodge Financial Services Summit organized the European Policy Forum in Windsor, United Kingdom 1230 GMT.

  • MEXICO CITY, Nov 9- Nearly a year after Agustin Carstens said he was stepping down as governor of Mexico's central bank, electoral politics is complicating his succession at a time when the economy is already under threat from Donald Trump's trade policy. The new governor must be nominated by President Enrique Pena Nieto, but stalling a decision is the fact that...

  • GENEVA— In an embarrassing retreat, the U.N. labor agency says it has shelved a decision whether to end its ties with Big Tobacco, correcting its own statement earlier Thursday indicating it would cut ties to an industry faulted for major health risks. International Labor Organization spokesman Hans von Rohland cited a mix-up in which the "tripartite" U.N. agency—...

  • BERLIN— A Swiss man was given a 22- month suspended prison sentence Thursday for spying on German tax officials for more than 3½ years. The man had confessed to the Frankfurt state court that he accepted 28,000 euros from Switzerland's NDB spy agency to obtain information on tax officials in the German state of North Rhine-Westphalia. The 54- year-old was...

  • **BRUSSELS- French central bank chief Francois Villeroy de Galhau speaks at a conference in Brussels 1300 GMT. BRUSSELS- Introductory statement by ECB Chair of the Supervisory Board Daniele Nouy at the ECON Hearing at the European Parliament in Brussels 0800 GMT. FRANKFURT- Thomas Jordan, chairman, Swiss National Bank gives CFS Presidential Lectures in...

  • **BRUSSELS- French central bank chief Francois Villeroy de Galhau speaks at a conference in Brussels 1300 GMT. BRUSSELS- Introductory statement by ECB Chair of the Supervisory Board Daniele Nouy at the ECON Hearing at the European Parliament in Brussels 0800 GMT. FRANKFURT- Thomas Jordan, chairman, Swiss National Bank gives CFS Presidential Lectures in...

  • Other base metals were pressured by weak imports in top metals consumer China. China's environmental crackdown that will force the shutdown of polluting smelters over the winter will push the global market into a deficit, but the impact is already in the price, a Reuters poll showed. "With inventories in China still rising and the futures curve in contango, there...

  • ZURICH, Nov 8- Switzerland will spend no more than 8 billion Swiss francs to purchase new fighter jets and missile defences, the government said on Wednesday, towards the lower end of three options previously considered. As well as for defence, neutral Switzerland uses fighter jets to police the skies during events like the World Economic Forum in Davos.

  • LONDON- Bank of England Financial Policy Committee member Don Kohn is due to speak at the UK Finance Annual Mortgage Conference in London- 1150 GMT. TOKYO- IMF Managing Director Christine Lagarde, Bank of Japan Governor Haruhiko Kuroda, and Japanese Finance Minister Taro Aso speak at a seminar hosted by the IMF about sustainable growth in the Asia-Pacific...

  • LONDON- Bank of England Financial Policy Committee member Don Kohn is due to speak at the UK Finance Annual Mortgage Conference in London- 1150 GMT. TOKYO- IMF Managing Director Christine Lagarde, Bank of Japan Governor Haruhiko Kuroda, and Japanese Finance Minister Taro Aso speak at a seminar hosted by the IMF about sustainable growth in the Asia-Pacific...

  • Bike riders and pedestrians land from ferries outside the Central Station in Amsterdam, Netherlands.

    As it turns out, five countries account for a whopping 47% of offshore investment, according to this report in The Conversation.

  • MELBOURNE/ LONDON, Nov 7- Mining giant Anglo American is among several companies interested in buying commodity trader Louis Dreyfus's metals business, three trading and banking sources told Reuters. Anglo American also declined to comment. The world's biggest mining companies including BHP Billiton, Rio Tinto and Anglo American sharpened their marketing...

  • FRANKFURT- Welcome address by ECB President Mario Draghi at the 2nd ECB Forum on Banking Supervision "Europe's changing banking landscape" in Frankfurt 0900 GMT. FRANKFURT- In conversation with ECB Chair of the Supervisory Board Daniele Nouy at 2nd ECB Forum on Banking Supervision "Europe's changing banking landscape" in Frankfurt 0915 GMT.

  • FRANKFURT- Welcome address by ECB President Mario Draghi at the 2nd ECB Forum on Banking Supervision "Europe's changing banking landscape" in Frankfurt 0900 GMT. FRANKFURT- In conversation with ECB Chair of the Supervisory Board Daniele Nouy at 2nd ECB Forum on Banking Supervision "Europe's changing banking landscape" in Frankfurt 0915 GMT.

  • ABB said on Monday that it will restructure operations in North America, halting production at its factory in St. Louis and investing in its sites in South Boston and Crystal Springs, Mississippi, as well as expanding its medium and large transformer factory in Varennes, Canada. Other initiatives include expansion of production in India to better supply the...

  • ABB said on Monday that it will restructure operations in North America, halting production at its factory in St. Louis and investing in its sites in South Boston and Crystal Springs, Mississippi, as well as expanding its medium and large transformer factory in Varennes, Canada. Other initiatives include expansion of production in India to better supply the...

  • KIEV, Nov 6- A former shareholder of Ukraine's largest lender PrivatBank warned the government on Monday he may file a claim for compensation for the "unlawful expropriation" of the bank, which was nationalised last December. PrivatBank was taken under state control with the backing of Ukraine's top creditor, the International Monetary Fund, after what the...

  • *COFCO International divests activity inherited from Nidera. BEIJING/ PARIS, Nov 6- Chinese grains trader COFCO International has agreed to sell its crop seeds business to Swiss-based Syngenta AG as it overhauls its activities following a series of major overseas acquisitions. The deal to sell Nidera Seeds, which operates in Latin America, was announced by...