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Satellite images confirm Palmyra temple destruction: UN

Satellite images confirm Palmyra temple destruction: UN

28 August 2015 | 0 comments

Satellite images confirm the destruction of the Baal Shamin temple in Syria's Palmyra, the United Nations said Friday, after international condemnation of the act claimed by the Islamic State group.The...

European states to create anti-trafficking taskforce

European states to create anti-trafficking taskforce

28 August 2015 | 0 comments

Switzerland, Germany and Italy are preparing to launch a joint taskforce to detect and dismantle networks smuggling refugees and migrants into Europe, Swiss authorities said on Friday.The taskforce, which...

Switzerland dodges recession with 0.2% growth

Switzerland dodges recession with 0.2% growth

28 August 2015 | 0 comments

Switzerland's economy expanded by 0.2 percent in the second quarter of this year, the economic affairs ministry said Friday, allowing the country to dodge a recession.The meagre growth from the first...

Nestle says has no tolerance for 'forced labour' by suppliers

Nestle says has no tolerance for 'forced labour' by suppliers

28 August 2015 | 0 comments

Swiss food giant Nestle on Friday rejected allegations that it had knowingly allowed its Fancy Feast cat food to contain fish from a Thai supplier suspected of using slave labour."Forced labour has no...

CORRECTED:  UBS pays $1.7 mn for 'apparent' sanctions violations

CORRECTED: UBS pays $1.7 mn for 'apparent' sanctions violations

28 August 2015 | 0 comments

The Swiss bank UBS has agreed to pay US authorities $1.7 million to settle "apparent" violations of rules banning transactions benefiting officially designated terrorists, the Treasury Department said...

Mediterranean migrant crossings top 300,000 in 2015: UN

28 August 2015 | 0 comments

More than 300,000 refugees and migrants have risked their lives crossing the Mediterranean to Europe so far this year, and some 2,500 more have died while making the perilous journey, the UN said Friday.Nearly...

Nestle accused of using slave-caught fish in cat food

28 August 2015 | 0 comments

Swiss food giant Nestle is being sued in the United States for allegedly knowingly allowing its Fancy Feast cat food to contain fish from a Thai supplier that uses slave labor.Pet food buyers who filed...

Italian BASE jumper dies in Swiss Alps stunt

Italian BASE jumper dies in Swiss Alps stunt

27 August 2015 | 0 comments

A 46-year-old Italian plunged to his death in the Swiss Alps Thursday after crashing onto rocks during a BASE jump, the second such accident in Switzerland in under a year, police said.BASE jumping, or...

UBS pays $1.7 mn for 'apparent' sanctions violations

UBS pays $1.7 mn for 'apparent' sanctions violations

27 August 2015 | 0 comments

The Swiss bank UBS has agreed to pay US authorities $1.7 million to settle "apparent" violations of rules banning transactions benefiting officially designated terrorists, the Treasury Department said...

US sanctions FARC members for Swiss-based operation

US sanctions FARC members for Swiss-based operation

27 August 2015 | 0 comments

The United States on Thursday sanctioned four members of a Colombian rebel group for their alleged role in narcotics trafficking and money laundering in Switzerland.The sanctions freeze any assets of...

Monsanto drops takeover bid for Syngenta

Monsanto drops takeover bid for Syngenta

26 August 2015 | 0 comments

US seed giant Monsanto dropped its campaign to acquire Syngenta on Wednesday, ending hopes to add a Swiss pesticides giant it had seen as key to expanding its global reach.Monsanto said it had no choice...

Monsanto drops takeover bid for Syngenta

Monsanto drops takeover bid for Syngenta

26 August 2015 | 0 comments

US agriculture and seed giant Monsanto dropped its campaign to acquire rival Syngenta Wednesday, saying the Swiss company refused to engage after repeated efforts to spur talks.Monsanto said it would...

Belarus prisoner release 'positive' but only 'half step': UN expert

Belarus prisoner release 'positive' but only 'half step': UN expert

26 August 2015 | 0 comments

The release of six opposition leaders by Belarus strongman Alexander Lukashenko, though positive, was only a "half step" that does not guarantee credible elections in October, a UN expert said on Wednesday.The...

Transocean cuts dividends as oil crash hits revenue

Transocean cuts dividends as oil crash hits revenue

26 August 2015 | 0 comments

Transocean, one of the world's largest operators of offshore platforms, announced plans to cut dividends and impair assets on Wednesday, as the worsening oil market wreaked further havoc on the Switzerland-based...

WHO to study use of sanctions as part of global epidemic response

WHO to study use of sanctions as part of global epidemic response

25 August 2015 | 0 comments

The World Health Organization said Tuesday it will study the idea of using sanctions to punish countries that do not comply with global health regulations, following widespread failures in the response...

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