Latest News for: Swiss party

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Swiss consumers don’t need govt help to cope with inflation -finance minister

Metro USA 25 May 2022
ZURICH (Reuters) – Swiss Finance Minister Ueli Maurer ... Maurer, a fiscal hawk from the right-wing Swiss People’s Party, said a recession was nearing but its severity depended on how long the war in Ukraine lasted and on energy prices.
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Finance minister rules out state support to cope with inflation

Swissinfo 25 May 2022
Swiss Finance Minister Ueli Maurer has spoken out against government ... But Maurer, from the right-wing Swiss People's Party, said the state had “no money” to support consumers hit by higher prices.
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SpiceJet and Credit Suisse conclude settlement of dispute; airline shares close 0.7% lower

Financial Express 25 May 2022
SpiceJet has signed and concluded a $24 million settlement with Swiss investment bank Credit Suisse regarding a commercial dispute. The two parties concluded the settlement and consent terms with regard to the pending dispute on May 23, 2022, the company said.
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Nomagic picks up $22M for its e-commerce warehouse picking robots

Crunch 24 May 2022
The company already has a number of customers in sectors ranging from fashion, e-commerce and third-party logistics providers — one of the more prominent is Brack.ch, a Swiss-based “everything” store similar to Amazon in terms of its physical product range.
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Euro climbs as ECB eyes rate hikes, dollar slides

Metro USA 23 May 2022
The Australian dollar, which initially showed a muted reaction to the victory for the centre-left Labor Party in national elections at the weekend, was up 0.89% at $0.7113 ... The dollar was last down 0.96% against the Swiss franc after hitting its lowest level since late April ... Dollar/Swiss 0.9650 0.9743 -0.96% +5.78% +0.9751 +0.9629.
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Putin’s war means Russia’s rich aren’t welcome at Davos anymore

Finger Lakes Times 21 May 2022
The rich and powerful flocking to Davos this year won’t be forced for once to bear the icy winter wind, but the frostiness toward Russia, whose oligarchs have thrown some of the most famously glitzy parties at the World Economic Forum, will be palpable ... While the party didn’t ...
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Credit Suisse nears settlement with West Virginia governor’s mining group – Financial Times

Metro USA 16 May 2022
The Swiss bank has been focusing on some of the loans provided by Greensill, which imploded in March, to three counterparties including coal miner Bluestone, for which late payments have accrued.
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Credit Suisse nears settlement with West Virginia governor's mining group, Financial Times reports

Reuters 16 May 2022
May 16 (Reuters) - Swiss bank Credit Suisse (CSGN.S) is close to a settlement with West Virginia Governor Jim Justice over the $690 million his mining company Bluestone Resources owes the bank's clients, the Financial Times reported on Monday, citing sources. The Swiss bank ...
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Explainer: ‘Neutral’ Europe recedes as NATO set to expand

TDT News 16 May 2022
The populist, right-wing party that holds the largest bloc of seats in parliament has been hesitant about further measures against Russia, and the Swiss are fiercely protective of their role as mediator for rival states and as a hub of humanitarian action and human rights.
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‘Neutral’ Europe recedes as NATO set to expand

Arkansas Democrat-Gazette 16 May 2022
The populist, right-wing party that holds the largest bloc of seats in the Swiss parliament has been hesitant about further measures against Russia, and the Swiss are protective of their role as mediator for rival states and as a hub of humanitarian action and human rights.
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'Neutral' Europe recedes as NATO set to expand

Longview News-Journal 16 May 2022
The populist, right-wing party that holds the largest bloc of seats in parliament has been hesitant about further measures against Russia, and the Swiss are fiercely protective of their role as mediator for rival states and as a hub of humanitarian action and human rights.
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Swiss approve ‘opt-out’ donations

Taipei Times 16 May 2022
AFP, GENEVA, Switzerland ... A vehicle drives past a Swiss People’s Party poster against “forced organ donation” near Hausen am Albis, Switzerland, on Tuesday last week ... The rules would only apply to people aged 16 and older ... “It’s not a revolution, but an evolution,” Swiss Department of Home Affairs head Alain Berset said following the result ... .
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Credit Suisse nears settlement with West Virginia governor’s mining group

Mining Dot Com 16 May 2022
Bluestone would step up production and make regular cash payments to Credit Suisse under a deal between the two parties, according to the newspaper.
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Analysis-Neutral Switzerland leans closer to NATO in response to Russia

Metro USA 15 May 2022
UKRAINE REVIVES SWISS NEUTRALITY DEBATE ... However, Peter Keller, general secretary of the far right Swiss People’s Party (SVP) told Reuters a closer relationship with NATO was incompatible with neutrality. The SVP is also part of the governing coalition and is the biggest party in the Swiss lower house of parliament.
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Neutral Switzerland Leans closer to NATO in Response to Russia

Beijing News 15 May 2022
Revives Swiss neutrality debate ... However, Peter Keller, general secretary of the far-right Swiss People's Party (SVP) told Reuters a closer relationship with NATO was incompatible with neutrality. The SVP is also part of the governing coalition and is the biggest party in the Swiss lower house of parliament.

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