Switzerland Financial News

wolf statue that once sat atop a pillar in central Benghazi before disappearing decades ago, found on a farm whose owner said he bought the sculpture as scrap. Authorities were alerted to the colonial-era statue after a tip off and discovered it in a farm near Benghazi belonging to Saied Mohammed Bourabida, who told them he had bought it from a metal yard because he liked the way it looked. «I remembered this statue in its position near the port from when I was young… I had a smelting workshop and when I saw it by chance at the scrap dealer's I liked its shape and the quality of work so I bought it,» he said. Bourabida, 80, kept the statue, a replica of the famous Capitoline Wolf sculpture that depicts a legendary scene of ancient Rome, in plain view under a spreading tree next to the terrace of his house. Khaled al-Aqouri, head of the tourism and antiquities department in the Benghazi police, said he was confident that Bourabida had not known that it was still public property.

Calix Limited is starting to look like the Swiss army knife of Australian industry: the company’s patented kiln seems to have an unlimited number of applications, particularly in the realm of decarbonisation.

'To enable the GAM Group to continue as a going concern it was essential that GAM Holding AG secured liquidity for the group,' the board wrote.

Credit Suisse has cut 200 dealmakers in its first wave of job cuts since its takeover by rival UBS.

Indian tourists. Commenting on the matter, the Head of Markets East at Switzerland Tourism, Simon Bosshart said, as cited by SchengenVisaInfo, he is aware of the problem.

Glencore, one of the largest coal miners in NSW, is urging the state not to hike coal mining levies in a “revenue grab”, as the Minns government mulls following Queensland’s lead on higher coal royalties.

The Whyalla steelworks and other parts of Sanjeev Gupta’s Australian operations have been freed from the control of lenders almost two years after the British businessman faced losing the assets in the collapse of Greensill Capital.

Fitch lowered the country's top credit rating. The 10-year Treasury note declined about 3.2 basis points (bps) to 4.015% as of 0017 GMT, retracing part of its 9 bps rise from Tuesday.

'The challenge for this asset class is that, despite the years of data on such naturally occurring events, reinsurance companies try to assign reasonable probabilities to the occurrence of a specific event.'

luxury jewellery and watch store, Piaget, located on Rue de la Paix in the heart of Paris. The robbers struck around 1:00 pm (1100 GMT), making off with an estimated 10 to 15 million euros worth of goods. Thankfully, no one was injured in the incident. Early indications suggest that three individuals were involved in the robbery, with at least one of them brandishing a weapon. The daring gang managed to escape the scene with their bounty, leaving authorities in pursuit of the culprits. Rue de la Paix is renowned for housing prestigious jewellery brands and is situated near the esteemed Place Vendome. This latest incident echoes a similar high-profile heist that occurred in April, where three individuals on motorbikes targeted the Bulgari store, fleeing with jewellery worth several million euros.

Meta on Tuesday said it intends to ask EU-based users to give their consent before allowing targeted advertising on its networks including Facebook, bowing to pressure from European regulators. It said the changes were to address «evolving and emerging regulatory requirements» amid a bruising tussle with the Irish Data Protection Commission which oversees EU data rules in Ireland, out of which Meta runs its European operations.

DUBLIN (Reuters) — Meta intends to ask users in the European Union for their consent before allowing businesses to target advertising based on what they view on its services such as Facebook (NASDAQ:META) and Instagram, the social media giant said on Tuesday.

The crypto arm of Nomura has obtained an operating license from Dubai’s Virtual Asset Regulatory Authority (VARA) amid the Japanese financial holding’s attempts to leave its mark in the digital asset space.

One of the country’s largest forest-carbon firms is launching a platform to enable Southern-timberland owners to sell carbon offsets on properties as small as 40 acres, expanding a market that has mostly been limited to owners of vast wooded tracts. Finite Carbon, which is majority owned by energy giant BP, said it would begin this month to enroll landowners in 13 Southern states in the program.

Nomura said on Tuesday it had won an operating licence in Dubai, the latest in a number of mainstream financial institutions this year to enter the crypto sector. Laser Digital, which is headquartered in Switzerland with officers in Dubai and London, said in a statement it had received the licence from Dubai's Virtual Asset Regulatory Authority, allowing it to offer crypto-related broker-dealer, management and investment services.

Matterhorn mountain, precisely on Theodul Glacier in Zermatt. Through a meticulous forensic analysis, the remains were conclusively matched to the DNA of a German climber reported missing 37 years ago, affirming the climber's identity beyond any doubt. The climber, a 38-year-old German national, had initiated a trek up Matterhorn in September 1986, setting off a search and rescue mission that yielded no results.

₹5 lakh for the families of the deceased in the crane accident at Shahapur in Thane district. Expressing his grief over the loss of lives, CM also added that instructions have been given for the thorough investigation of the incident. While speaking to reporters, the Chief Minister said, "On Girder machine collapse in Thane's Shahapur, Maharashtra CM Eknath Shinde, says “ ₹5 lakhs ex-gratia will be given to the next of kin of the deceased.

To celebrate Switzerland's 700-year-old pact of unity against outsider, Google Doodle opted for a waving national flag of the country. The day is celebrated as Switzerland's National Day on 1 August 2023. On this day, people from all 26 cantons ( can be understood as districts) celebrate the country's culture and history with huge fervour.

The investor group addressed the further delays to the offer period Liontrust announced last week, extending it by four days.

The Matildas have their backs to the wall and their Women’s World Cup on the line. But defender Ellie Carpenter reckons that’s just how they like it.

New Zealand and Switzerland played out an underwhelming 0-0 stalemate in the Women's World Cup on Sunday, sending the co-hosts out of the tournament on goal difference and the Europeans through to the last 16 as Group A winners. Norway's 6-0 thrashing of the Philippines in the other group game in Auckland put them level on four points with New Zealand but second on goal difference.