Switzerland Financial News
29.05 / 14:37
Citi
Provident
security
Strategy
Adventure
travelers
boating
How a family of four unlocked the secrets of Switzerland: 25+ cities, 11 days, Rs 90,000!
European vacation can be both affordable and enriching. Through meticulous planning and smart travel hacks, they explored over 25 Swiss cities in just 11 days, all for the modest sum of Rs 90,000. Mehul Shah, a CA and tax litigator, shared their secrets to success, highlighting the invaluable role of the Swiss Travel Pass in their budget-friendly escapade. Swiss Travel Pass: The Key to Savings and Convenience Central to their strategy was the Swiss Travel Pass, a comprehensive pass that offered unlimited travel on trains, trams, buses, boats, and select cogwheel railways across Switzerland. Priced at just Rs 45,000 per adult for a 15-day pass (around $560 USD), the pass provided exceptional value. The family benefited from free travel for their two children under 16, thanks to the bonus Family Card, significantly reducing their transportation costs. Additionally, the pass granted them free entry to over 500 museums and offered discounted pricing on select excursions, such as the Titlis and Glacier 3000 experiences.
28.05 / 14:45
ETF
HSBC AM launches ETF share classes for $12bn fixed income passive fund
The firm said the move to list its largest passive fixed income fund is part of plans to meet client demand and give them access to both listed and unlisted share classes. The Global Aggregate Bond UCITS ETF manages over $12bn in assets and will be listed in Italy, Switzerland and the UK. The new listing came after HSBC AM changed the name of its four fixed income index funds to UCITS ETFs in April ahead of the launch of its ETF share classes. HSBC AM multi-asset fund manager and World Selection head Kate Morrissey exits Following the listings, HSBC's total ETF AUM is expected to r...
26.05 / 14:57
Provident
Manufacturing
Google
Entertainment
Gemini
Features
Gemini AI feature in Google Messages expands with support for Workspace, YouTube, and Maps Extensions
Gemini is designed to assist with drafting messages, brainstorming, event planning, or simply engaging in entertaining conversations. Its responses are optimized for brevity. Unlike Google Assistant in the now-defunct Google Allo, Gemini is strictly for one-on-one interactions and cannot be incorporated into group chats.The feature supports Gemini Extensions such as Workspace (@Gmail, etc.), @YouTube, and @GoogleMaps, though the YouTube Music extension is notably absent.
24.05 / 21:19
markets
Updates
Swiss Military Consumer Goods Q4 Results Live : profit rise by 42.75% YOY
₹0.12 for Q4 which increased by 42.62% Y-o-Y.Swiss Military Consumer Goods has delivered -1.64% return in the last 1 week, 31.28% return in the last 6 months, and 43.39% YTD return.Currently, the Swiss Military Consumer Goods has a market cap of ₹543.78 Cr and 52wk high/low of ₹32.25 & ₹12 respectively.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹2.37CrQuestion : What is Q4 revenue?Ans : ₹54.09CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world
24.05 / 15:45
Waters
security
PINK
blues
classical
travelers
Features
Best Toiletry Kits under 1000 in India for Organised Travelling (2024)
To help you with this issue within your budget, we have curated a list of the best toiletry kits under 1000 in India. All of these kits are crafted with high quality materials and are readily available on Amazon. Go through the article, find the one that suits your style and need, and place your order using the given buying links.
24.05 / 14:03
Airlines
Sustainability
Boeing
Food
Fastenal
hospital
Passengers had seconds to react as turbulence hit Singapore flight
Singapore Airlines flight hit by deadly turbulence this week said on Friday they had only seconds to react before the plane started to plunge. One passenger died and more than 100 were injured when the Boeing 777-300ER fell 1,800 metres (6,000 feet) in just a few minutes during the final hours of its journey from London to Singapore on Tuesday.
24.05 / 13:47
security
economy
Trade
track
country
Investigations
International
How global trade is undergoing combative transformation
The world’s three dominant economies are entering a combative phase that threatens to deepen fractures and challenges decades of free-market orthodoxy as the US uses trade weapons borrowed from China’s playbook, leaving Europe with big decisions to make.
24.05 / 04:23
economy
Trade
War
track
country
Investigations
International
A new trade war offers no easy way back for old global order
Then-President Donald Trump fired the first shots with tariffs on China seven years ago, and then Joe Biden ushered America into the new industrial policy age. Stage three, punctuated by Biden’s latest round of duties on Chinese imports, builds on the first two: using tariffs to defend US interests, with subsidies now at the core of policy and without fear of retaliation. The $31 trillion arena of international commerce has withstood a series of shocks in recent years, including the US-China trade war. This time, the linchpin is the European Union — caught between preserving its self-styled role as defender of multilateral rules and fearing the loss of millions of jobs and tens of billions in investment while the US and China wield market-distorting subsidies and tariffs.
22.05 / 18:13
London Stock Exchange
WisdomTree
ETPs
WisdomTree Secures Permission To List Crypto ETPs On the London Stock Exchange
WisdomTree received approval from the Financial Conduct Authority (FCA) on May 22 to list its cryptocurrency exchange-traded products (ETPs), WisdomTree Physical Bitcoin (BTCW) and WisdomTree Physical Ethereum (ETHW), on the London Stock Exchange (LSE).
22.05 / 14:57
21.05 / 19:41
markets
Target
trends
Bitcoin
reports
Global Bitcoin ATM Numbers Fall, Ending 10-Month Growth Streak
After a 10-month period of growth, the number of Bitcoin ATMs worldwide declined in May, interrupting a trend of expansion that began in July 2023. The decrease was driven largely by the removal of over 300 ATMs from service in the United States, which represents over 80% of the global Bitcoin ATM market.
21.05 / 14:35
Blockchain
Digital
Analysis
Trade
crypto tax
Crypto Investors
country
Where the Whales Are – Top 5 Countries for Crypto Investors
As the popularity of cryptocurrencies continues to grow, investors are on the lookout for the most accommodating environments to maximize their returns.
21.05 / 14:29
Citizens
country
cover
travelers
Schengen Visa fees hike: Europe trips to get costlier as European Commission hikes fee by 12%
₹8,200) It is important to know that the Schengen area covers 29 countries, including 25 European countries. The countries that are part of the Schengen area are Germany, France, Italy, Spain, Norway, Switzerland, Poland, Portugal, Romania, Luxembourg, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Greece, Latvia, Lithuania, Hungary, Malta, Netherlands, Austria, Slovenia, Slovakia, Finland, Sweden, Iceland, and Liechtenstein.
21.05 / 06:55
Provident
Target
Citizens
Election
Food
country
"INDI alliance defeated in 5th phase": PM Modi at polling rally
INDI alliance has been completely defeated in the fifth phase of the 2024 Lok Sabha elections polling which was held on Monday. PM Modi also said that India of the 21st century can't march ahead with the «sins» of the INDI alliance. Addressing a public meeting in Bihar's Champaran. PM Modi said, «In the fifth phase, the INDI alliance has been completely defeated. India of the 21st Century cannot move forward with the sins of the INDI alliance. And that is why in every election the public is strongly attacking parties like Congress and RJD. On June 4, there will be an attack on corruption, politics of appeasement, tukde tukde gang...»
21.05 / 06:25
markets
UPS
Provident
FIVE
Williams
Research
country
China is winning the minerals war
SINGAPORE—For the past few years, the West has been trying to break China’s grip on minerals that are critical for defense and green technologies. Despite their efforts, Chinese companies are becoming more dominant, not less. They are expanding operations, supercharging supply and causing prices to drop.
20.05 / 13:39
Digital
ETF
Digital Asset
Trade
Bitcoin
Crypto Adoption
reports
Digital Asset Investment Products See Inflows of $932 Million in Response to CPI Report
Digital asset investment products experienced substantial inflows totaling $932 million for the second week.
20.05 / 11:11
Provident
Aware
CEO
wellness
students
reports
Schools
Global fund KKR set to sell Eurokids, hires bankers
KKR & Co is all set to sell its education portfolio in India — Lighthouse Learning (formerly Eurokids International). KKR has hired JP Morgan and Avendus to run the sale process, which is expected to be launched by next week, said two sources aware of the development.
20.05 / 02:27
Blockchain
Citi
Art
Digital
Celebrity
International
NFT Fest Lugano 2024: The Future of NFTs Meets in Switzerland
Lugano, Switzerland – 5/20/2024 – Enthusiasts of NFT and blockchain technology are invited to mark on their calendars the dates of June 14 and 15, 2024, when the city of Lugano will host the new edition of NFT Fest Lugano.
19.05 / 12:47
markets
UPS
Food
Nestle
reports
testing
guidelines
In a pickle: Why it’s time for Fssai to wake up and crack the whip
Mint. The agency did not respond to Mint’s query on if any products were recalled or if licenses were cancelled in the past five years, for not complying with food laws. It also did not disclose any names of errant food makers.
18.05 / 12:33
markets
UPS
FIVE
Nestle
Research
performer
recommendations
Why Nestle India's shareholders rejected higher royalty payment to parent
Mint, two of the largest money managers in Europe opposed the decision of the board of Nestle India. “The performance of the company does not sufficiently demonstrate the benefits of the royalty payments over the years, which have grown at a rate higher than the company's revenues and net profit," said Legal & General Investment Management (LGIM), UK’s largest fund manager, managing $1.5 trillion of assets. Nordea Asset Management, the investment arm of the Nordic region’s largest bank, having $400 billion in assets under management, also opposed the resolution.
17.05 / 15:51
community
wellness
Trade
country
peace
International
Friend
India friend of world; we expect it to help bring peace to Ukraine: Switzerland ahead of peace summit
India is a friend of the world and the global community expects it to contribute significantly in bringing peace to war-torn Ukraine, Swiss State Secretary of Foreign Affairs Alexandre Fasel said on Friday as Switzerland prepares to host a major summit next month to end the conflict in Ukraine. Fasel held wide-ranging talks with his Indian interlocutors and extended an invitation to the Indian prime minister for participating at the summit that is aimed at charting a course for a just and lasting peace in Ukraine. Switzerland has extended invitations to over 160 countries for the summit to be held on June 15 and 16. «India is a friend of the world. There is really an expectation from the international community that India can contribute to this (peace) process,» Fasel told PTI in an interview.
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