Switzerland Financial News

15.06 / 01:45

Remark Football Bayer stars Equality rights Uefa Euro 2024: 10 young stars to watch out for in Germany

Let’s go back to Euro 2008. A certain Luka Modric had just signed for Tottenham Hotspur before the tournament began. While the Spurs faithful waited to see more of their summer signing, it was at the Euros that Modric shined.

14.06 / 17:15

MET Election President information peace Destinations G7 Summit: PM Modi, Zelenskyy discuss Black Sea transport corridor, increase exports of sunflower oil to India

Zelenskyy, while holding talks with Prime Minister Narendra Modi, discussed the functioning of the Black Sea transport corridor to increase exports of sunflower oil to India. On the sidelines of the G7 Summit, Ukrainian President Volodymyr Zelenskyy met with Prime Minister Narendra Modi in Italy. «The President spoke about the functioning of the Black Sea transport corridor, which makes it possible to increase exports of sunflower oil to India and turnover of other categories of goods,» the Ukrainian president's website read.

14.06 / 15:53

MET Remark President country peace Putin lays out conditions for ceasefire, includes Ukraine dropping NATO bid

Russian President Vladimir Putin promised Friday to “immediately” order a cease-fire in Ukraine and begin negotiations if Kyiv started withdrawing troops from the four regions annexed by Moscow and renounced plans to join NATO.

14.06 / 07:41

security President War country peace International A peace summit for Ukraine opens in Switzerland, but Russia won't be taking part

Switzerland will host scores of world leaders this weekend to try to map out first steps toward peace in Ukraine

14.06 / 00:43

ETPs GenTwo and issuance.swiss Partner to Develop Innovative ETPs and AMCs

GenTwo, a Swiss fintech in Actively Managed Certificates (AMCs) and issuance.swiss, an exchange-traded products (ETPs) provider powered by Apex Group, announced their partnership on June 13.

13.06 / 18:41

markets security CoinShares 2020 Equality rights Coinshares Backed FlowBank Declared Bankrupt Following FINMA Decision

Coinshares-backed FlowBank has been declared bankrupt by the Swiss Financial Market Supervisory Authority (FINMA).

13.06 / 15:51

Funding Near Foundation Near Foundation Spins out Nuffle Labs and Raising $13M Funding

The Swiss not-for-profit organization behind the NEAR Protocol, NEAR Foundation, has launched a new modular product suite to form Nuffle Labs. raising $13 million in funding.

13.06 / 15:33

FIVE Waters Research Universities Cycling MON Uncovering Mars' frosty secrets: How water behaves on the Red Planet

Olympus Mons, suggesting the presence of a sparse yet active water cycle on the Red Planet. Published in the journal Nature Geoscience, the research unveils a unique phenomenon where frost forms for a few hours each morning during Mars' colder seasons in the ancient calderas of the Tharsis volcanic region, which includes Olympus Mons.

13.06 / 03:45

markets AGN stage reports Videos As Art Basel opens, buyers confront a 'cooling' but still very active market

Multimillion-dollar works by Jean-Michel Basquiat, Yayoi Kusama and Alberto Giacometti went on the market as the Art Basel fair opened in Switzerland

12.06 / 16:57

Ethereum ETF CEO coinbase Exodus Bitcoin track Global X lists Bitcoin and Ethereum ETPs on London Stock Exchange

The Global X Bitcoin ETP (BTCX) and Global X Ethereum ETP (ETHX) will track the long-term growth potential of the cryproassets, respectively. Both products are subject to a fee waiver, which was implemented when the options initially listed on the SIX Swiss Exchange and Deutsche Börse Xetra two week ago. Global X ETFs hires CEO from Goldman Sachs AM after senior executive exodus The waiver is scheduled to last until 3 January 2025, after which a 0.29% arranger fee for both products will come into effect. Coinbase Custody International will act as a «secure cryptocurrency custodi...

12.06 / 16:53

UPS FIVE Nestle reports recommendations Nestle India to pay royalty to Swiss parent at current rate of 4.5%

Nestlé S.A., the company said in a filing to the exchanges Wednesday.On Wednesday, the company’s board approved continuation of payment of royalty at the existing rate of 4.5% to its parent company. In May, the company’s proposal to increase royalty payout was rejected by shareholders.“Respecting the decision of the members and feedback from other stakeholders, the board of directors on the recommendation of the audit committee, with only the independent directors voting and the executive directors recusing, approved continuation of payment of general licence fees (royalty) by the company to Société des Produits Nestlé S.A.

12.06 / 16:37

markets Provident Twitter Career Platform Features rights Udao Announces Token Listing on Tier-1 Exchange: Revolutionizing the Future of Skill Development and Job Matching

Zug, Switzerland – June X, 2024 – Udao, a pioneering Web3 platform for learning job-relevant skills and finding the next career step, announces the listing of its token (UDAO) on a tier-1 cryptocurrency exchange. The listing will take place on June 17, 2024, at 1:00 PM UTC. This marks a significant milestone in Udao’s mission to transform the landscape of education and employment in the era of artificial intelligence and technological advancement.

12.06 / 14:51

markets UPS economy Cycling country rights rowing Deposit rates peak; to move downwards in medium term: SBI Chairman

Dinesh Kumar Khara has said that deposit rates have peaked and will move southward in the medium term. The country's largest lender also said the RBI may start easing the interest rate cycle from the third quarter of the current financial year.

12.06 / 14:43

FIVE Nestle Trade reports recommendations Nestle India revises record date for dividend payment, scraps increasing royalty fee to parent

Nestle India on Wednesday said it has changed the record date for the payment of the final dividend to July 16 from July 15 earlier. Earlier, the company's Board had recommended a final dividend of Rs 8.5 per for the fifteen months ending March 2024. The record date will determine who will be eligible to receive the said dividend payment.

11.06 / 20:17

security WhatsApp Mercantile reports Courts rights Rare ARC bids for SBI's claims on Reliance naval loan guarantees

State Bank of India's claims arising from the personal guarantees issued by Nikhil Gandhi and Bhavesh Gandhi, the promoters of SKIL Infrastructure.

11.06 / 16:27

President War country travelers gatherings peace Zelenskyy appeals for help with Ukraine's energy network as recovery conference opens

Ukrainian President Volodymyr Zelenskyy has appealed for short-term help in repairing his country’s electricity network and long-term investment in its energy system

11.06 / 15:07

Digital Bond Bitcoin Suisse Issues Tokenized Bond on Obligate

Obligate, an on-chain capital markets platform built on the Polygon blockchain, said the Swiss crypto-financial services firm Bitcoin Suisse has issued its first tokenized bond issuance on its platform.

11.06 / 09:53

London Stock Exchange Global X Exchange Traded Products Global X Lists Bitcoin and Ethereum ETPs on the LSE

US-based ETF provider Global X has listed the Global X Bitcoin ETP and the Global X Ethereum ETP on the London Stock Exchange.

10.06 / 15:33

UPS FIVE security Election wellness social Modi's 'lower political capital' to hit implementation of tough reforms, says UBS

Narendra Modi's «lower political capital» will make it difficult for the new government to implement hard reforms, a Swiss brokerage said on Monday. The potential rate of growth can go up to over 7.5 per cent, if the government is able to implement tougher reforms like those related to land, farming, divestments, Uniform Civil Code and one nation one election, UBS Securities said.

10.06 / 07:17

London Stock Exchange 21Shares Exchange Traded Products 21Shares Says Low Trading Volumes on LSE Is in Line With Expectations

21Shares bitcoin and ethereum exchange-traded notes (ETNs) listed on the London Stock Exchange (LSE) are attracting low volumes but this is in line with expectations, said a spokesperson from the firm.

09.06 / 12:19

Citi Racing Dreams performer Updates Sporting athletics Hamirpur athlete wins two gold medals in World Para Athlete Grand Prix

Hamirpur (HP): Saurabh Sharma, an athlete from Himachal Pradesh's Hamirpur district, has won two gold medals in the ongoing World Para Athlete Grand Prix in the Nottwil city of Switzerland. Sharma emerged victorious in 155 metre and 5000 metre races.

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