Page 4 - Switzerland

Swiss Parliament panel to discuss Credit Suisse billion-dollar scandal

Prospect of concrete action remains unclear despite the crisis at the country's second-biggest bank

US stops short of branding Vietnam, Switzerland currency manipulators

The Treasury report also said the COVID-19 crisis was likely to continue to affect current account positions over the next year

Switzerland referendum: People vote to ban full face coverings in public

Switzerland on Sunday (local time) narrowly voted in favour of banning full facial coverings including the niqab and burqa in almost all public places

Wipro names Rene Mulder as Country Head and MD of Switzerland ops

Mulder said he looked forward to leveraging his industry experience to help further clients' digital agenda and strengthen Wipro's footprint in Switzerland

Switzerland's monthly gold exports to India hit highest since May 2019

ndia and China are the world's two biggest gold consumers

Say Cheese

An alien animal in the Indian mountains, Old Hills Cheese is making inroads in more ways than one

US Treasury lists Switzerland and Vietnam as currency manipulators

Foreign exchange analysts had broadly anticipated the U.S. Treasury designation for the two countries

US labels Switzerland as FX manipulator, keeps China on watch

Having removed the manipulator label from China in January, the Treasury urged the world's second-largest economy to "improve transparency" in its currency management

World Coronavirus Dispatch: All of Switzerland's ICU beds are full

UK govt under lens for £17 bn Covid deals, new cases in Russia top 22,000 a day, six-day lockdown in South Australia, and other pandemic-related news across the globe

Switzerland ready to host high-level meetings between Armenia, Azerbaijan

FDFA also said that Switzerland supported the OSCE Minsk Group co-chairs' efforts aimed at resolving the Nagorno-Karabakh conflict through dialogue

Swiss voters overwhelmingly reject curbs on European Union immigration

The Swiss People's Party (SVP) had forced a binding referendum on the EU agreement in a bid to curb immigration to the country where foreigners make up a quarter of the population

Swiss official voices concerns about inadequate data protection in US

Switzerland is not an EU member, but often mirrors or lines up with the positions of the 27-member bloc that all but surrounds the wealthy Alpine country

Evidence of further surveillance at Credit Suisse mounts up: Report

The bank had hoped that the departure of Thiam over the scandal and his replacement with Thomas Gottstein, a Credit Suisse veteran, would draw a line under the affair

Switzerland initiates probe against Credit Suisse over spying scandal

The move marks an escalation of regulatory involvement in the scandal, which has also seen probes by Swiss prosecutors

India 72nd on global list with average monthly wage of Rs 32,800: Report

Switzerland, where the average wage converted into rupees amounts to Rs 4,49,000 ($5,989), topped the ranking, while in Cuba the average wage is the lowest at Rs 2,700 ($36)

Liberty Global to acquire Switzerland's Sunrise in $5.4 billion deal

The cable giant offered 110 Swiss francs per share, and Sunrise's largest shareholder, Freenet AG, has also agreed to sell its 24 per cent stake

Switzerland inks pact with Moderna for early access to firm's Covid vaccine

Switzerland will get 4.5 million doses of the vaccine, enough to vaccinate 2.25 million people if as expected two doses are needed per patient

Hitachi-ABB deal to bring tech synergy across the board: India head

As on March 31, 2020, the firm had an order backlog of Rs 5,192 crore

Swiss restricts entry from 29 countries to prevent Covid-19 resurgence

The list includes the United States, Sweden, Brazil and Russia, which have been designated as countries with a high risk of infection

India seeks Ratul Puri, father's bank details; Switzerland issues notices

There was no immediate response by Puri and his group regarding the Swiss government notices, though they have been denying association with the scam or any other wrongdoing