Switzerland Financial News

In a report published today (16 October), the trade body recommended transitioning to T+1 settlement by autumn 2026, a timeline it described as «achievable» despite the more complex market infrastructure compared to the US. However, it argued that although the 15-month timeline for a May 2024 implementation was considered «sufficient» for the US, some sectors in European markets may need a longer transition period than 24 months to prepare.  The political and regulatory timelines of both the UK and EU may make Autumn 2026 «challenging», the IA said, calling for regulatory bodies in th...

Adani Green Energy, India's largest private sector renewable power company, late on Tuesday called off its $1.2 billion bond issue after investors demanded a higher yield than what the company was ready to offer, citing geopolitical uncertainties, people aware of the details said. «There was a lot of to and fro between the company and investors on the pricing of the issue. Investors were demanding better yields and the company was not willing to budge. Finally, the company decided to call off the issue and wait for a better time when geopolitical uncertainties subside and the US presidential election is done,» said a person familiar with the development.

net worth of a staggering Rs 7,900 crore, and cultivating a $100 billion empire, late tycoon Rata Tata was surprisingly austere when it came to spending habits. While the national icon did live in a sprawling Rs 200-crore mansion and had a jaw-dropping collection of luxury cars such as Ferrari California T, a Jaguar F-Type, and a Maserati Quattroporte, he was often known to shun mindless extravagance in his day-to-day life. For example, in one of his pictures, he is seen wearing a jet-black Victorinox Swiss Army Recon. While this funky sports watch is a much-sought-after item for watch enthusiasts, it is far from the luxurious, jewelry-encrusted watches you would expect a billionaire to possess. Here’s all you need to know about this elegant timepiece.

Subscribe to enjoy similar stories. In the 100km category of the 10th Solang Sky Ultra (SSU) trail race held on 5-6 October, ultrarunning ace Shashwat Rao started as favourite. At the starting line on day one, the 38-year-old had already stamped his authority on the ultra trail race in Himachal Pradesh, having won four of five previous editions of the race.

A court in Switzerland has ruled that a dial manufacturer was justified in telling workers: If you need a bathroom break, clock out and take it on your own time

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Subscribe to enjoy similar stories. On Wednesday, Reserve Bank of India (RBI) Governor Shaktikanta Das stayed true to his words.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Subscribe to enjoy similar stories. The career of Andrea Orcel vividly encapsulates the recent history of European banking. At Merrill Lynch, now part of Bank of America, Mr Orcel advised on deals that formed part of the wave of mergers that crested in 2007, when a pan-European troika bought ABN AMRO, a Dutch lender.

Canada may not have had a big banking failure in many years, but “emerging clouds on the horizon” suggest the existing checks and balances may need tweaks to be sustainable in the future, says an official who used to work for the country’s top banking regulating agency.

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

Subscribe to enjoy similar stories. Helios—The Watch Store, a multi-brand retailer of premium watches owned by Titan Co. Ltd, plans to launch exclusive outlets for luxury timepieces to cater to demand in the world’s fastest-growing market.

Subscribe to enjoy similar stories. Eurozone inflation fell below the European Central Bank’s target for the first time in more than three years, suggesting a lengthy struggle to bring price rises under control is nearing an end. Consumer prices increased by 1.8% on year in September across the 20 nations that make up the eurozone, falling from a month earlier and marking the first time since June 2021 that annual inflation has stood below the ECB’s 2% target.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

More interesting deals on trolley bagsThe VIP Tristen X Duffle Trolley Bag is a medium-sized travel companion made from durable polyester, perfect for those needing a versatile and stylish option. With 2 wheels for easy maneuverability and a spacious interior, it offers both function and convenience.

Subscribe to enjoy similar stories. The design of Franck Muller's recently opened boutique store at Delhi's DLF Emporio Mall clearly reflects what the brand stands for: avant-garde meets innovation meets playfulness. Spread across 1,168 sq.ft, the store, opened in partnership with Kapoor Watch Company, has some of the Swiss watchmaker's iconic watches, like the Vanguard and Master Square, on display, with a Crazy Hours installation in the middle.

«There is some softening globally, but India is performing very well on the macros. The balance sheets are very clean for corporates. Banks have the ability to lend,» says Ajay Bagga, Market Expert. What do you make of the momentum of the market, there is no stopping it at all? Ajay Bagga: Yes, flows are very strong and we see that domestic flows are absorbing. Even the little FII selling that is still coming through, we are seeing that absorption happening.

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

Based in Switzerland and reporting to global CIO Xavier Baraton, Menzli will lead a team of over 100 professionals, who collectively manage $30bn of assets across a range of strategies.  The firm said the current thematic equity CIO will play a «pivotal role» in accelerating business growth for the platform, with a focus on emerging markets and Asia, as well as thematic and other specialised strategies.  HSBC AM expands thematic range with India tech ETF Menzli joined HSBC AM in 2022 as thematic equity CIO. Prior to that, he was head of thematic equities at J. Safra Sarasin bank, w...