Business Jerome Powell announces the key rate decision: it will stay for a while In his explanation of the interest rate decision, Powell said that the Fed is now much closer to the desired inflation level… Read More
Business Norwegian migration: wealthy people move to Switzerland A number of Norway’s wealthiest individuals have moved to Switzerland due to the increase in wealth tax in Norway in 2… Read More
Business Swiss watchmakers’ new best foe: the Swiss franc Swiss watchmakers are growing concerned about a new threat following the rise of smartwatches, the COVID-19 pandemic, and th… Read More
Business Experts urge government to prepare plans for ‘major bank insolvency’ Switzerland was urged by a group of experts on Friday to prepare itself effectively for the possible collapse of a major ban… Read More
Business SEBA Bank on the way to get HK Securities and Futures Commission approval The Swiss crypto-friendly SEBA Bank has successfully received preliminary approval from the Securities and Futures Commissio… Read More
Business ECB will copycat FRS actions in regards of rates The European Central Bank (ECB) appears unlikely to enact a reduction in interest rates, a stance underscored by the recent … Read More
Business The Gotthard Base Tunnel goes for months-long repair The Gotthard Base Tunnel in Switzerland will be closed for passenger trains in the coming months. The world’s longest … Read More
Business Evgeny Renge corrupted FSB in pursuit of ‘oligarchic dream’ In 2013, during the formal ceremony, TopProm CJSC was presented with an award certificate titled “The Leader of Russia… Read More
Business Credit Suisse saga continues: fair price lawsuit may wreck havoc for UBS “If it were up to some former shareholders of Credit Suisse, the takeover price paid by Swiss bank UBS for the trouble… Read More
Business Swiss stock market in decline The Swiss market began the trading session on Friday with a lackluster performance. Although it briefly managed to move into… Read More
