Switzerland Financial News

New Delhi: As artificial intelligence (AI) continues to exacerbate cyberattacks around the world, there is an increasing need to adopt global standards, if not regulations, to tackle how cyberattacks are lowering the threshold of warfare. In an interview, Philipp Rosler, who served as the federal minister of economic affairs and technology, as well as the vice-chancellor of Germany between 2011 and 2013, spoke about the state of cybersecurity in an increasingly fragmented world and how this affects global collaborations across sectors. Rosler, who is on the board of directors of $3.5-billion Swiss cybersecurity firm Acronis, also highlighted the increasing role of governments in modern-day cyber policies and why security companies will need to collaborate with, alongside adopting the right regulations.

Voters in a southern Swiss region are casting their ballots to decide whether to allow large solar parks on their sun-baked Alpine mountainsides as part of the federal government’s push to develop renewable energies

Carrefour is set to attach labels to products sold in its stores warning shoppers of what it deems to be “shrinkflation", the latest volley against the major food producers accused of trying to profit from inflation. From Monday next week, all products that Carrefour claims to be practicing shrinkflation—when a product has become smaller but the price charged by the supplier has risen without changes to the recipe or packaging—will be labeled as such, the French supermarket chain said Friday. The bright orange label, measuring about five square inches, also informs consumers that Carrefour is committed to re-negotiating the price of the product in question.

Financial technology firm Ripple is expanding its portfolio of regulatory licenses in the United States with the acquisition of Fortress Trust, according to an announcement on Sep. 8. 

Hackers have been using a Windows tool to drop cryptocurrency-mining malware since November 2021, according to an analysis from Cisco’s Talos Intelligence. The attacker exploits Windows Advanced Installer — an application that helps developers package other software installers, such as Adobe Illustrator — to execute malicious scripts on infected machines. 

Luxury-goods stocks slumped in Europe, wiping out more than $25 billion in market value, after Richemont chairman Johann Rupert said inflation is starting to dent demand across the region.

₹1,000 for the passport to be brought back to Delhi. He could even authorize someone in Kolkata to collect it. But none of these options made sense since the mariner would lose time.

U.S. News & World Report's annual Best Countries rankings. This marks Switzerland's second consecutive year at the pinnacle and its sixth time overall as the No.

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A federal judge in Boston has sentenced a wealthy Russian businessman with ties to the Kremlin to nine years in prison for his role in a nearly $100 million insider trading scheme that relied on stolen company earnings information hacked through U.S. c...

The team overseeing The Open Network(TON) blockchain has completed its transition into a Swiss non-profit organization.

The world of cryptocurrency, with a total market value exceeding $1 trillion, has produced 22 billionaires and 88,000 millionaires.

UBS co-head of equities Chris Scott is out. Street Talk understands the UBS veteran exited the Swiss investment bank on Thursday following an internal structural shift.

BTIG believes the Teams decoupling from Microsoft (NASDAQ:MSFT) in European Union markets in October could boost a significant Teams competitor.

In the latest episode of Cointelegraph’s The Market Report, analyst Marcel Pechman explores the drivers that point to Bitcoin heading to $22,000, with investor sentiment worsening after Grayscale Investment’s much-hyped legal victory against the United States Securities and Exchange Commission (SEC) on Aug. 29 and its postponement of multiple spot Bitcoin (BTC) exchange-traded fund applications.

In a statement, Angehrn cited the “high and permanent stress” that came with the role, which he said had led to health consequences.

Wild has been at the company since 2008.

Shareholders will be asked to vote on a range of appointments to GAM’s board of directors, including a new chair, and its compensation committee.

ZUG, Switzerland (Reuters) — The new expanded UBS is not too big for Switzerland following the bank's emergency takeover of fallen rival Credit Suisse, Chief Executive Officer Sergio Ermotti said on Tuesday.

NEW DELHI : The government has invited Swiss consultants to help make India’s mountain roads strong and durable to withstand severe weather conditions like heavy rains. After evaluating the highway construction techniques in Switzerland, the ministry of road transport and highways (MoRTH) has sought advice from Swiss companies to design mechanisms to prevent extensive damage to roads, two people familiar with the development said.

retail market is fragmented and luxury timepieces are not really essential items. Rolex said the deal was the “best solution not only for its own brands but also for all the watch and jewellery partner brands." But the significance of this transaction—for which no financial details were disclosed—can’t be overstated. Rolex in effect selling direct to consumers for the first time is a seismic shift.