The Swiss National Bank announced on Sunday in a statement that UBS is taking over Credit Suisse …
Tag:
Switzerland
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BanksFeatureFinancial InstitutionsInternational NewsMoneyNews
Swiss National Bank’s annual loss reaches 132.5 bln francs
Swiss National Bank reported the biggest annual loss in the bank’s 115-year history of 132.5 billion Swiss …
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FeatureIndustry & TradeMoneyNewsTech/AI
Türkiye’s Swiss gold imports rise in 11-year high
by Sama Mousaby Sama MousaTurkish Swiss gold import has increased to reach 58 tons, recording the highest since at least 2012 …
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BanksInternational NewsMoneyNews
Swiss central bank raises interest rates by 0.75%, ending era of negative rates
by Nada Aliby Nada AliSwiss National Bank has raised its benchmark interest rate to 0.5 percent on Thursday, considers a shift …
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Financial InstitutionsInternational NewsMoneyNews
Swiss National Bank records H1 heavy losses
by Nada Aliby Nada AliSwiss National Bank (SNB) has taken a hit of CHF95.2 billion ($100 billion) for the first half …
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Egypt NewsFeatureNews
313 tourists from Switzerland, Belarus arrive in Egypt following flight resumption
Egypt has received on Thursday two flights carrying on board 313 tourists from Switzerland and Belarus. This …
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Financial InstitutionsMoney
Egypt secures $90.5 million in grants from Switzerland under cooperation strategy – minister
Egypt has obtained grants worth CHF 86 million ($90,561 million) under its 2017-2020 cooperation strategy with Switzerland, …
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Switzerland now allows grandparents to hug grandchildren aged under 10 amid eased coronavirus measures
Grandparents in Switzerland are now allowed to hug their grandchildren under the age of 10 as part …
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International NewsNews
Switzerland’s confirmed coronavirus cases cross 27,000, death toll hits 1,059
Switzerland’s confirmed coronavirus cases have totalled 27,078 on Friday, up from 26,732 as of Thursday, Reuters reported. …
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FeatureIndustry & TradeTech/AI
Switzerland commits $1.5 million Swiss francs for Egypt GTEX programme
Switzerland on Sunday signed an agreement to provide financial and technical support for Egypt’s Global Textiles and …