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Switzerland close to deal in US tax disputeSwitzerland is on the brink of a deal to settle a long-running dispute with US authorities over Swiss banks accused of helping wealthy Americans evade billions of dollars of tax, the finance minister said. "We hope that we wi More… |
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Several killed in shooting at Swiss factorySeveral people have been killed and seriously injured during a shooting at a factory near the Swiss city of Lucerne, police said on Wednesday. Swiss police said in a brief statement that several people had been killed and injured More… |
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Weak economies, acute weather pose global risksFragile economies and extreme weather have combined to crank up the global risk dial in the past year, creating an increasingly dangerous mix, according to the World Economic Forum. Despite Europe's avoidance of a euro break-u More… |
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Weak economies, acute weather pose global risksFragile economies and extreme weather have combined to crank up the global risk dial in the past year, creating an increasingly dangerous mix, according to the World Economic Forum. Despite Europe's avoidance of a euro break-u More… |
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Messi wins World Player award for 4th yearArgentina's Lionel Messi, at 25, has won the World Player of the Year award for an unprecedented fourth year running on Monday. The award came after a year in which the Barcelona player scored a record-breaking 91 goals for cl More… |
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Mövenpick opens first hotel in ParisMövenpick Hotels & Resorts has launched its first hotel in Paris; offering guests a level of upscale comfort that is refined and exclusive as the Neuilly district in which the hotel is based. The Mövenpick Hotel Pari More… |
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UBS to slash 10,000 jobs in fixed income retreatUBS unveiled plans on Tuesday to wind down its fixed income business and fire 10,000 bankers, as it adapts to tougher capital rules that make it more difficult for investment banks to turn a profit since the financial crisis. Zuri More… |
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Abu Dhabi-owned Falcon acquires Credit Suisse unitSwiss wealth management boutique, Falcon Private Bank, has agreed to acquire Clariden Leu (Europe), a wholly owned subsidiary of Credit Suisse Group AG based in London, UK. Falcon is owned by Abu Dhabi's fund Aabar Investments. Clar More… |
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Expats in UAE ‘lacking in transition skills’Nearly half of all expatriates who move to the UAE do so without the practical information to make the transition, while a third found the overall relocation experience more challenging than anticipated, said a report. The study was rel More… |
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Mubadala MRO unit inks Finnair contractSR Technics, a part of the Abu Dhabi-based Mubadala Aerospace MRO network, has signed a 10-year engine and component services contract with Finland's national carrier Finnair. With its head office at Zurich Airport, SR Technics provide More… |
