In the last few weeks, there has been rising tension revolving around Iran and oil tankers in the Persian gulf. In a development that could potentially ease rising tensions in the Gulf, Iran stated it appreciates Saudi Arabia’s efforts in… Read More ›
Chinese exports to the United States could face additional hike in tariffs from this proposed new rule by the U.S. Commerce Department. In a significant development the U.S. Commerce Department stated it proposes to impose anti-subsidy duties on products from… Read More ›
The telecom regulator has reduced prices with retroactive effect for the 2013–2016 period. Swisscom is weighing its decision on filing an appeal with the federal administrative court. In a development that will bring cheers to consumers in Switzerland, the country’s… Read More ›
This step is among the few concrete steps the UK government has taken towards mitigating issues revolving around Brexit. On Monday, Switzerland and Britain are scheduled to sign an agreement which will the continuance of their trade on preferential terms… Read More ›
Swiss authorities have begun sharing account data with countries who meet international requirements on confidentiality and data security. This strategic move has placed Switzerland in fierce competition with fast-growing economies including Singapore and Hong Kong. In a significant development that… Read More ›
U.S. federal prosecutors are zeroing in on a former Goldman Sachs banker who worked closely on the 1MDB deal. As per a report from New York Times, U.S. prosecutors are investigating whether Goldman Sachs Group Inc played any role in… Read More ›
Did you ever wonder which is the world’s most expensive city to do business in? Which offers the most value for money? Which city offers the most bang for money for couples going out on a Friday night? The UBS… Read More ›
Here is a snapshot of Clariant’s growth strategy. On Thursday, Swiss specialty chemicals maker Clariant stated, it expects to make $2 billion in sales from North America, its second-biggest market, by the next three years. In a statement, it has… Read More ›
Along with the SEC, Switzerland’s Financial Market Supervisory Authority has also stated it is in contact with Credit Suisse regarding the closure of its product. On Tuesday, a report by the Wall Street Journal stated that the U.S Securities and… Read More ›
Failure to get CFIUS approval will put all of HNA investments in the U.S. in limbo. As per a source familiar with the matter at hand, the U.S. government is unlikely to approve any investment by China’s HNA Group until… Read More ›
