In a statement the World Health Organization said, a global rise in COVID-19 cases could herald a much bigger problem following countries reporting a drop in testing rates. The WHO has warned countries to remain vigilant against the virus. COVID-19… Read More ›
In a statement Swiss President Ignazio Cassis said, it was “very probable” that Switzerland would follow the European Union (EU) on Monday in sanctioning Russia and freezing Russian assets in the country. In an interview to RTS, Cassis said the… Read More ›
The White House has called on all members of the World Trade Organization to support an intellectual property waiver for COVID-19 vaccines. “We … need every WTO member to step up as well and support an intellectual property waiver, and… Read More ›
On Thursday, as per Swiss government documents, Switzerland has updated rules to ensure that large banks hold sufficient liquidity to absorb economic shocks. The newly updated rules will have little or no impact on bank in terms of additional capital… Read More ›
A framework to strengthen and simply procedural norms between the European Union and Switzerland hangs in the balance as the Bern government meets to consider whether to break off talks over ratifying the draft treaty that was struck in 2018…. Read More ›
On Thursday, Switzerland’s competition commission (COMCO) stated, it has opened an investigation into Swisscom, a telecoms provider, and ordered the adoption of immediate precautionary measures to allow competitors access to networks during expansion of its optical fiber network. Swisscom is… Read More ›
In a statement Nestle, the world’s biggest food group, said, Purina, its line of pet food is using insects, as the company tests the waters for more environmentally sustainable protein sources. The development sees Nestle joining the more eco-friendly and… Read More ›
According to a report by Swiss financial news site Finews, JPMorgan Chase & Co is considering cutting up to 140 jobs in Switzerland in an effort to trim costs. According to the report, the cuts would mainly affect its Geneva… Read More ›
Lockheed Martin Corp stated, it has reached its 2019 target of delivering 131 F-35 fighter jets to the United States and its allies, marking an increase of 47% as compared to the last year. Lockheed Martin Corp, the world’s largest… Read More ›
Sales in international markets have been down despite a turnaround plan. The decision to quit from these markets comes in the wake of the company announcing the retirement of its CEO Wild. On Thursday, Britain’s biggest pizza delivery company Domino’s… Read More ›
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