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ILO postones decision on cutting ties to tobacco industry again

8 November 2018 | 0 comments

The UN labour organisation indicated Thursday it would not renew controversial funding from tobacco companies for expiring charitable programmes, but refrained from saying it would cut ties to the tobacco...

At least 2.3 million Venezuelans have fled crisis since 2015: UN

8 November 2018 | 0 comments

At least 2.3 million people have fled Venezuela's economic and political crisis since 2015, the UN said Thursday, warning that host countries' capacity to shelter them was now "severely strained".The...

PKB private bank officials under investigation for fiscal fraud

8 November 2018 | 0 comments

Eighteen managers at the Swiss private bank PKB Privatbank are being investigated in Italy for fiscal fraud and money laundering, according to an Italian prosecutor.The Milan Public Prosecutor's Office,...

UBS eyes new legal battle in US over subprime crisis

8 November 2018 | 0 comments

Swiss banking giant UBS said Thursday that it was bracing for another legal battle in the US over sales of mortgage-backed securities in the run-up to the financial crisis a decade ago.The bank said it...

Tyler Brûlé says Switzerland has ‘lost a bit of its coziness’

8 November 2018 | 0 comments

Monocle magazine editor-in-chief Tyler Brûlé first visited Switzerland as a teen. Now the Canadian is running his media empire from a new office in Zurich. Though his love affair with Switzerland continues,...

UBS prepares to fight US mortgage-backed securities lawsuit

8 November 2018 | 0 comments

UBS Group AG, Switzerland’s largest bank, says it will “vigorously” contest a United States Department of Justice lawsuit concerning mortgage-backed securities it sold in the run-up to the 2008 global...

How easy is it for international students to land a Swiss job?

8 November 2018 | 0 comments

Like in the US or UK, Swiss immigration regulations restrictnon-European graduates from embarking on a professional career in the country. However, recent developments give them a fighting chance.Foreign...

UN to double food aid to Yemen

8 November 2018 | 0 comments

The UN's World Food Programme (WFP) said Thursday it will nearly double food aid to Yemen to reach 14 million people a month -- almost half the war-ravaged country's population.Yemen is in the grip of...

France wants Swiss bank UBS fined 1.6 billion euros for tax fraud: lawyer

7 November 2018 | 0 comments

France on Wednesday urged a Paris court to fine the Swiss bank UBS 1.6 billion euros ($1.8 billion) for allegedly helping clients commit tax fraud.The Swiss banking giant has been on trial in Paris since...

Diamonds show promise in extending drone flight times

7 November 2018 | 0 comments

Diamonds may hold the secret to keeping drones in flight indefinitely. Scientists at LakeDiamond, a spin-off company of the Swiss Federal Institute of Technology Lausanne (EPFL), have developed a safe...

Indian activist to lead walk for peace from New Delhi to Geneva

7 November 2018 | 0 comments

An Indian activist said Wednesday that he expects thousands of people to join his "March for Justice and Peace", a 9,500-kilometre hike from New Delhi to Geneva next year.Rajagopal PV told reporters in...

How to find student accommodation in Switzerland

7 November 2018 | 0 comments

Finding an affordable place to stay can be a challenge in Switzerland. Particularly in cities like Zurich or Geneva, searching for a low-rent flat can feel like a unicorn hunt.Swiss students generally...

Earning a living: Working in Switzerland

7 November 2018 | 0 comments

Not only its natural beauty and quality of life draw foreigners to Switzerland, professionals from Europe and beyond are equally attracted by the comparatively high income levels and low single-digit unemployment...

Swiss franc still highly valued, but no policy change

7 November 2018 | 0 comments

The Swiss franc, investment in arms, and the housing market were some of the issues the government discussed with the chairman of the Swiss National Bank.SNB chairman Thomas Jordan told the government...

What clothes to pack for your Swiss stay

7 November 2018 | 0 comments

The weather is not only a meteorological phenomenon but also a frequent topic of conversation in Switzerland.That's because there are four distinct seasons, the Alps make accurate weather forecasting difficult,...



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