Switzerland

latest news headlines

GAM suffers shareholder revolt over pay.

Zurich-based fund house thwarts pressure from activist investor to overhaul its board

- Financial Times - US

Swiss drugmaker Roche confident sales growth will overcome generic threat.

ZURICH - Swiss drugmaker Roche, encouraged by better than expected first-quarter sales, said it was confident new drugs will help to deliver revenue and profit growth even as its older medicines take a hit from cheaper copies.

- Reuters - US

Google named top Swiss employer for third year.

Internet giant Google has topped a poll of the best employers in Switzerland for the third year running.

- The Local - INT

Swiss litter louts to face spot fines.

Disposing of glass bottles on a Sunday or leaving rubbish lying around after a picnic could soon incur spot fines if the government gets its way.

- The Local - INT

Nazi era art to arrive in June and go on display in Bern.

Artworks belonging to the controversial Nazi-era Gurlitt collection will soon be arriving at their new home in the Swiss capital, Bern.

- The Local - INT

UN disability rights expert's first visit to North Korea.

GENEVA / PYONGYANG – The United Nations Special Rapporteur on the rights of persons with disabilities, Ms. Catalina Devandas-Aguilar, will conduct an official visit to the Democratic People’s Republic of Korea from 3 to 8 May ...

- Scoop NZ - NZ

Researchers find alarming NOx-emissions from diesel cars.

By now, it's no secret: the certification requirements for cars in the EU and in Switzerland have precious little to do with the cars' actual exhaust emissions on the roads. The "real" exhaust emissions are, therefore, determined in separate studies, including at Empa. Air pollution control experts from the Federal Office ...

- PhysOrg - NL

Novel antibiotic resistance gene in milk.

Researchers of the University of Bern have identified a new antibiotic resistance gene in bacteria from dairy cows. This gene confers resistance to all beta-lactam antibiotics including the last generation of cephalosporins used against methicillin-resistant Staphylococcus aureus. A transfer to S. aureus which is likely ...

- PhysOrg - NL

Donors pledge $1.1 billion for Yemen humanitarian crisis.

Donor countries have pledged 1.1 billion dollars to aid the population in Yemen, UN chief Antonio Guterres said Tuesday at the end of a humanitarian conference to shore up funds for the war-ravaged country. The UN secretary general warned at the meeting in Geneva that the world's largest hunger crisis could turn into a ...

- Albawaba - UK

South Korea fines Novartis $49 million over kickbacks, suspends insurance payment.

SEOUL - South Korea said on Thursday it has fined Swiss drugmaker Novartis 55.1 billion won for offering doctors kickbacks to recommend the company's drugs, and also suspended insurance coverage for some of its drugs.

- Reuters - US

Iconic train trip in Switzerland.

It was like a Swiss-themed Disney World ride.

- Matador Network - US

The ACLU Is at the UN Tomorrow to Testify on the Horrific Human Rights Record of US Private Prison Companies

The ACLU is staunchly against prison privatization, and we're taking our case to the United Nations in Geneva, Switzerland. On April 13, private prison company GEO Group announced its first new contract to detain immigrants under the Trump administration: a 1,000-bed detention center that will be built in Conroe, Texas, ...

- ACLU - US

Credit Suisse seeks to catch up with rivals

Credit Suisse will raise around four billion Swiss francs from its shareholders, the embattled bank said, trying to close the gap in financial strength with rivals. The bank said the decision, which saw management ditch an alternative plan to publicly list part of its Swiss business, should remove any concerns over the ...

- timesofmalta.com - MT

Veteran Executive Geneva Wasserman Joins the Whitener Company

The Whitener Company has tapped industry veteran Geneva Wasserman as its president, Variety has learned exclusively. Wasserman will be based in Los Angeles. She will also be a partner in the company alongside Brett Thomason and Gordon Whitener and oversee all operations including development, acquisition, production, and ...

- Variety - US

Bakken Light Reaches Asia For the First Time

The first ever batch of North Dakota Bakken crude will reach Asia in the next few days as a result of Mercuria Energy Trading's latest export deal, according to Reuters, which cited a relevant shipping document. The Swiss energy trader shipped 600,000 barrels of crude from the Bakken formation along with Mars Sour crude ...

- OilPrice.com - US

Traineeship E-learning and Communication

Article | Traineeship E-learning & CommunicationBased in Geneva100%, remuneratedAs part of the LnD Division , the Learning solution unit provides advice and support to ICRC trainers and managers through the development and de

- ICRC - INT

Researchers find a way to use smartphone-controlled cells to manage diabetes

WASHINGTON, April 27 — Chinese and Swiss researchers said yesterday they have developed a system that, for the first time, enables smartphones to remotely manage and treat diabetes in mice, China's Xinhua news agency reported. In a study...

- The Malay Mail - MY

Stringent exhaust gas tests for cars in Europe

As of October 2017, newly launched car models will have to pass more stringent exhaust gas tests in the EU and in Switzerland. The new test method includes measuring drives in actual traffic. Researchers have already tested currently available cars with the new method – with alarming results.

- ScienceDaily - US

The Supreme Court just heard a case that could determine how quickly patients can access cheaper medications

REUTERS/Karoly ArvaiWASHINGTON, April 26 - U.S. Supreme Court justices on Wednesday struggled over whether to speed up the time it takes to bring to the market copycat versions of biologic drugs, expensive medicines that can generate billions of dollars in sales for drug makers. The nine justices heard arguments in an ...

- Business Insider - US

Credit Suisse launches $4bn share sale

Bank to ask shareholders to approve capital plans as it drops listing of Swiss business

- Financial Times - US

Credit Suisse Will Raise $4 Billion to Address Capital Concerns

The bank said it would retain full ownership of its Swiss unit and would raise additional capital through a share sale as it continued restructuring.

- International NY Times - US

Cambodia, El Salvador, Egypt Human Rights Defenders Are Martin Ennals Award Finalists

Ten of the world’s leading human rights organizations, including Amnesty International and Human Rights Watch, have chosen three human rights defenders from Cambodia, El Salvador and Egypt as this year’s finalists for the prestigious Martin Ennals Award.  The three finalists were selected from a field of some 50 ...

- Voice of America - US

Tourist Sneaks Cat Into Iceland, and Iceland Kills the Cat

Iceland's beauty attracts more than a million travelers from around the world every year, and a tourist just learned the hard way that the country doesn't mess around when it comes to protecting its turf. A Swiss woman in her 60s entered the country in her camper by ferry and...

- Newser - US

UN eyes new Yemen peace talks by end of May

GENEVA, April 26 — A new round of peace talks between Yemen's warring sides should begin by the end of May, the UN mediator said today, as alarm grows over the country's humanitarian crisis. UN special envoy Ismail Ould Cheikh Ahmed told...

- The Malay Mail - MY

Credit Suisse moves to allay capital fears, preparing for China's steel battles and Amazon woos Nashville

Bank abandons plan to list Swiss business and launches $4bn share issue

- Financial Times - US

Switzerland maintains press freedoms in 'post-truth' era

Switzerland is still one of the world’s top ten countries for press freedom according to Reporters Without Borders , despite global media freedom in the ‘post-truth’ era being more threatened than ever.

- The Local - INT

Report: Swiss rents set to fall in 2017

Good news for apartment-hunters: rents are likely to fall during 2017 as the building of new homes leads to an increase in the number of vacant apartments.

- The Local - INT

Swiss 50 franc note named ‘banknote of the year’

Switzerland’s new 50 franc banknote, released last year, has won the ‘banknote of the year award 2016’ voted by the members of the International Bank Note Society .

- The Local - INT

India's antitrust watchdog orders probe into Roche cancer drug

MUMBAI - India's antitrust regulator has ordered a probe into Swiss drugmaker Roche for allegedly using anti-competitive practices to restrict cheaper copies of a blockbuster cancer drug from reaching patients.

- Reuters - US

Mining giant Glencore paid '$0' in royalties to NT government

Anglo-Swiss mining giant Glencore paid no royalties to the Northern Territory Government for its McArthur River Mine in 2015, the company's first report on its payments to governments worldwide reveals.

- ABC News - AU

Credit Suisse to raise $4B in share issue as 1Q reaps profit

Swiss bank Credit Suisse has reported a return to profit in its first quarter, while announcing plans to raise about 4 billion Swiss francs by issuing new shares in the coming weeks.

- FOX News - US

Credit Suisse launches $4bn share issue to ease capital fears

Bank abandons plans for listing of Swiss business

- Financial Times - US

Credit Suisse to raise $4 billion in rights issue, ditches Swiss unit IPO

Credit Suisse will raise around 4 billion Swiss francs through a rights offering to catch up to European rivals on capital, ditching plans to float a minority stake in its Swiss banking unit. 'We ...

- Yahoo! News Finance - US

Credit Suisse Will Raise $4 Billion and Scrap I.P.O. of Swiss Unit

The bank said it would retain full ownership of its Swiss universal bank and raise additional capital through a share sale as it continued restructuring.

- International NY Times - US

Novartis to speed up bid for MS drug approval, changes target

ZURICH - Novartis said on Tuesday it would accelerate its bid to win approval for its experimental multiple sclerosis drug BAF312 and said it was now targeting patients at an earlier stage of the neurological disease.

- Reuters - US

Roger Federer's former coach reveals the catalyst for Swiss ace's recent dominance over Rafael Nadal

Federer has recorded three consecutive wins over Nadal for the first time since their rivalry began in 2004.

- IBTimes.co.uk - UK

Credit Suisse to raise $4 billion in rights issue, ditches Swiss unit IPO

ZURICH - Credit Suisse will raise around 4 billion Swiss francs through a rights offering to catch up to European rivals on capital, ditching plans to float a minority stake in its Swiss banking unit.

- Reuters - US

Credit Suisse unveils SFr4bn rights offering

Credit Suisse has ditched its plans for a partial sale of its Swiss business, instead announcing a SFr4bn capital raise.

- City AM - UK

Credit Suisse to raise $4B in share issue as 1Q reaps profit

GENEVA " Swiss bank Credit Suisse has reported a return to profit in its first quarter, while announcing plans to raise about 4 billion Swiss francs by issuing new shares in the coming weeks.The Zurich-based wealth management...

- The New Zealand Herald - NZ

Alibaba's Ma champions U.N. e-commerce drive for development

GENEVA - Alibaba Executive Chairman Jack Ma said on Tuesday the Internet should be a utility available to the whole world, putting his weight behind a U.N. call for e-commerce to boost developing economies and help fight poverty.

- Reuters - US

International community yet again falls short of meeting Yemen's dire need

International community yet again falls short of meeting Yemen's dire need25 April 2017In response to the US$1.12 billion pledged to Yemen during the high-level event today in Geneva, Oxfam says the international community has fallen short in its support for the Yemeni people.

- Oxfam International - UK

Meet the labs of NCCR Robotics: Auke Ijspeert and BioRob

The Biorobotics Laboratory is part of the Institute of Bioengineering in the School of Engineering at the École polytechnique fédérale de Lausanne . In this video, meet Professor Auke Ijspeert and his NCCR Robotics team, Kamilo Melo and Tomislav Horvat, along with some of the bioinspired robots they are working on. ...

- Robohub - CH

Nearly $1.1 billion pledged for beleaguered Yemen at UN-led humanitarian conference

With nearly two-thirds of war-torn Yemen - about 19 million people - in need of emergency support, the international community today raised $1.1 billion at a pledging event in Geneva to aid what the United Nations chief calls “the world's largest hunger crisis.”

- UN - INT

Donors pledge $1.1 billion to help people in urgent need in Yemen

Source: Government of Sweden, Government of Switzerland, UN Office for the Coordination of Humanitarian Affairs Country: Yemen The pledging event took place today, Tuesday, in Geneva, as close to 19 million Yemeni people – two thirds of the population – are in need of humanitarian assistance and protection. ...

- ReliefWeb - INT

Logitech switches focus

LOGITECH expects China to become its biggest regional market as it expands its business in game, headphone, office communications and smart home sectors, the Swiss company said yesterday in Shanghai. Logitech, which produces 95 percent of its output in China, said it will cooperate with Tencent on game and e-sports, and ...

- Shanghai Daily - CN

UN chief: Yemen meeting draws US$1.1b in pledges

THE United Nations secretary-general says that international donors at a Geneva aid conference have pledged US$1.1 billion to help beleaguered, war-torn Yemen this year. Antonio Guterres hailed the pledges after wrapping up the daylong meeting yesterday, saying it had raised half of the US$2.1 billion in funds ...

- Shanghai Daily - CN

Bank watchdog to pause for thought before introducing more regulations

Global banking regulators will pause for two years and take stock of their post-crisis reforms, allowing the sector a chance to catch its breath before any new initiatives are pursued. The Basel Committee on Banking Supervision this evening outlined its strategic priorities for 2017-18. They fell into sections: finalising ...

- City AM - UK

Watson could be the key to smarter manufacturing robots

Some reports predict that robots will replace 5 million jobs in the next couple of years. Bill Gates thinks we need a "robot tax" to compensate for those losses. A new partnership announced today between Swiss automation firm ABB and IBM's Watson ini...

- Engadget - US

EU announces €116 million for Yemen at pledging conference in Geneva

Source: European Commission's Directorate-General for European Civil Protection and Humanitarian Aid Operations Country: Yemen Almost 70% of the Yemeni population is in need of assistance. The European support includes €46 million of emergency humanitarian aid and €70 million to support resilience and early recovery in ...

- ReliefWeb - INT

Donors pledge $1.1 billion to help people in urgent need in Yemen

Source: Government of Sweden, Government of Switzerland, UN Office for the Coordination of Humanitarian Affairs Country: Yemen The pledging event took place today Tuesday in Geneva, as close to 19 million people – two thirds of the population – are in need of humanitarian assistance and protection. International donors ...

- ReliefWeb - INT

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