Page 2 - Switzerland

Union Minister Piyush Goyal meets business delegation led by Swiss minister

Union Commerce and Industry Minister Piyush Goyal has met a business delegation led by Member of the Swiss Federal Council Guy Parmelin ahead of 75 years of the India-Switzerland Friendship Treaty.According to Piyush Goyal's Office, both sides discussed ways to expand trade and investment, giving further strength to the India-Swiss partnership."Union Commerce Minister Piyush Goyal met a business delegation led by Guy Parmelin, the Swiss Head of Dept of Economic Affairs, ahead of 75 yrs of India-Switzerland Friendship Treaty "Both sides discussed ways to expand trade & investment," the Piyush Goyal's Office tweeted on Tuesday.Since India's independence, Switzerland and India have developed warm and friendly ties based on their commitment to democracy and the rule of law. On August 14, 1948, both the nations signed a Treaty of Friendship in New Delhi, marking a significant defining moment in India-Swiss relations and one of the first of its kind to be signed by an independent ...

Weak financials, shaky management: What's wrong at Credit Suisse?

Credit Suisse's share price has fallen nearly 60 per cent in 2022, more than halving its market cap in just a matter of months

Credit Suisse posts $1.6 bn loss in fresh blow to recovery, names new CEO

The bank saw net outflows of 7.7 billion francs as clients traded less and cut risk in response to gyrating equity markets

Bharat Biotech, ExcellGene consortium to develop variant-proof Covid vax

The consortium is developing or designing a new vaccine concept that confers highly cross-reactive protection against numerous SARS-CoV-2 variants of concern

Russia-Ukraine war: Switzerland hosts first Ukraine Recovery Conference

Tasked with establishing the principles and framework for the future reconstruction of the conflict-torn country, a two-day Ukraine Recovery Conference has opened here

Credit Suisse found guilty by Swiss court in cocaine cash laundering case

Credit Suisse first major Swiss bank to face criminal trial; Credit Suisse said the case arose from a investigation that dated back more than 14 years

Govt unveils policy for air sports, sees 10x annual revenue growth

Other than direct revenue, air sports activities will gain more from growth of travel, tourism, infrastructure, and local employment, especially in the hilly regions

WEF calls for recreating a win-win world as annual Davos meet ends

The World Economic Forum on Thursday called for recreating a win-win world as its Annual Meeting 2022 in this Swiss ski resort town ended with the war in Ukraine, energy and food crises, etc

No tax on $6.38 bn transaction with Adani Group, says Holcim CEO

As per the deal, Adani Group will acquire Holcim's full stake in Ambuja Cement and ACC for CHF (Swiss franc) 6.4 billion (USD 6.38 billion)

Holcim examining 10 acquisition targets of large and small companies: CEO

We are growing at quite a fast pace and the plan is, the proceeds from the divestment, we will continue to accelerate our strategy 2025 and acquire new companies: Jan Jenisch

Switzerland-based SIG considering investment in packaging plant in India

After setting its local office in Gurugram in November 2017, SIG India's journey started with two customers - ITC and Coca Cola India

World's happiest country ranking goes to Finland for fifth year in a row

Denmark kept its second place, Iceland bypassed Switzerland to take third place and the Netherlands rounded out the top five

Lebanon: Authorities arrest brother of embattled central bank chief

The move comes two months after the same judge imposed a travel ban and froze some assets of the central bank governor, Riad Salameh, 71, who is accused of corruption

Nations convene in Geneva for United Nations biodiversity summit

After a two-year delay, negotiators from more than 190 countries are gathering in Geneva for fortnight-long critical discussions around a global strategy to help stem the tide of biodiversity loss.

Ukraine crisis: Rouble slips again, Swiss franc hits seven-year high

The rouble was down around 4% on the day, trading at 97.036 per dollar, a day after it collapsed to a record low of 120 per dollar

Switzerland president says country will join EU sanctions targeting Russia

Switzerland's government has been trying to balance its condemnation of Russia's actions with its history of neutrality and as an intermediary between opposing countries

India-made stimulants, Covid drugs dominate illegal imports in Switzerland

Around 150 of the packages seized were connected with the Coronavirus including anti-parasitics containing ivermectin, medicinal products containing hydroxychloroquine or antibiotics from India

Switzerland calls on citizens to leave Donbas, urges sides to de-escalate

Western countries and Kiev have been accusing Russia of preparing for an alleged "invasion" of Ukraine.

Switzerland lifts most Covid-19 restrictions as infections subside

Several other European countries, among them Denmark, the UK, France and the Netherlands, have also gradually eased Covid-19 measures in recent weeks.

Switzerland lift most coronavirus restrictions as infections decline

Switzerland became the latest European country to ease coronavirus restrictions, including ending health checks for incoming travellers and the need to have COVID-19 passes to enter many public venues