Swiss franc primed for further gains with the SNB on the cards – ForexLive
Although there has been some scuffling so far in June trading, USD/CHF finally fell below a key support threshold yesterday. USD/CHF daily chart The 200-day moving average (blue line) fell back along the 61.8 Fib retracement level of this year’s upward swing. The pair’s decline is noteworthy as downward momentum continues to strengthen after dropping […]
Zelensky, Western Leaders Reject Putin Proposals at Swiss Peace Summit
Western leaders have rejected President Vladimir Putin’s ceasefire framework, but have backed Ukraine’s demand that all territory seized by Russia be returned as the basis for a potential peace agreement. The first annual World Peace Summit, held in the Swiss luxury resort of Bürgenstock, ended without Moscow’s representatives and essentially with the status quo ante. […]
Trump’s Attorney Made Swiss Cheese Out Of Michael Cohen’s Testimony, Raising Questions Of Perjury
Former President Donald Trump’s lawyers disputed Michael Cohen’s testimony in a brutal cross-examination on Thursday, but legal commentators are raising the possibility that Cohen may have perjured himself again. Defense attorney Todd Blanche questioned Cohen about his past lies, including on oath to Congress and federal judges, and asked whether he took the same oath […]
Swiss Army Knife to release a new multi-tool without a knife
The maker of the iconic Swiss Army knife has announced the launch of a new multitool without a knife. Karl Elsner, CEO of pocket tool maker Victorinox, said in an interview with Swiss media: brick The company stated, “We are concerned about stricter knife regulations due to violence around the world.” “We’re actually working on […]
Swiss Army Knife maker plans model without a well-known feature
See what’s being clicked on FoxBusiness.com classic manufacturer swiss army knife is developing a new model without a blade to address regulatory barriers that prevent access to knife-based multitools. Karl Elsner, CEO of Victorinox, which owns the Swiss Army Knife brand, said in an interview. Swiss media “Brick”“I’m concerned that the violence around the world […]
Swiss Air flight takeoff from NYC to Zurich aborted after 4 jets cleared to cross runway: report
Brian O’Neal shot this video on February 8, 2024, while taxiing at Boston Logan International Airport on JetBlue Flight 777 bound for Las Vegas. Last week, a Swissair flight from New York City to Zurich aborted takeoff, the airline confirmed, averting a “potentially dangerous situation.” According to FlightAware, Flight LX17 from John F. Kennedy Airport […]
US learned Iran strike on Israel was completed via Swiss channels
A senior administration official said Sunday that the United States has learned that Iran’s attack on Israel was completed through Swiss channels. A senior administration official told reporters at a briefing on Sunday that the United States had had “a series of direct communications through Swiss channels” with Iran leading up to the attack. The […]
How Swiss women won a landmark climate case for Europe – podcast | News
“It took us a while to believe we actually won.” elizabeth sternThe 76-year-old is a climate activist from KlimaSeniorinnen Schweiz (Swiss Senior Women for Climate Protection), a movement group of 2,400 older Swiss women. The group argued in a lawsuit before the European Court of Human Rights that older women are more likely to die […]
'Lose-lose situation': New Swiss bank laws could derail UBS' challenge to Wall Street giants – CNBC
Sergio Ermotti, CEO of major Swiss bank UBS, attends the group’s annual general meeting in Zurich on May 2, 2013. Fabrice Coffrini | AFP | Getty Images Switzerland’s tough new banking regulations create a “lose-lose situation” for UBS, limiting its chances of competing with Wall Street giants, said Beat Wittmann, a partner at Zurich-based Porta […]
UBS chief's surprise return to the Swiss banking giant bagged him a $15.9 million paycheck – CNBC
Newly appointed UBS CEO Sergio Ermotti (R) speaks with UBS Chairman Colm Kelleher during a press conference in Zurich, March 29, 2023. Arndt Wiegmann | AFP | Getty Images UBS CEO Sergio Ermotti will earn 14.4 million Swiss francs ($15.9 million) in 2023 after making a surprise return to the helm of the Swiss giant […]