Tag: Switzerland

• Friday, October 16th 2020 - 09:20 UTC

  Switzerland bans the export of five toxic chemicals, including paraquat

  

  Starting from next year, Switzerland will not allow the export of five hazardous plant protection products already banned in the European country. The Swiss government approved the amendment to the law on chemical substances this week as part of measures to reduce risks associated with toxic chemicals. It added that the move is intended to help protect health and the environment in importing countries, particularly in the developing world.

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• Friday, April 24th 2020 - 08:28 UTC

  Swiss pharma giant warns about unreliability of blood tests to check for COVID-19 antibodies

  

  Some blood tests being marketed to tell people if they have had the new coronavirus are a “disaster”, Roche Chief Executive Severin Schwan said as he prepares to launch the drug maker's own antibody test next month.

• Wednesday, February 12th 2020 - 09:25 UTC

  The Danish central bank experience with record negative interest rate could be coming to an end

  

  Denmark and Switzerland have long shared the world record in negative interest rates, at minus 0.75%. But that may be about to change. Economists at some of the biggest Nordic banks say Denmark, which pegs the krone to the euro, is likely to raise its key rate in the coming months.

• Saturday, November 23rd 2019 - 09:33 UTC

  Swiss investigation helps expose corruption network involving Vitol, Trafigura and Petrobras

  

  Swiss investigators have executed search warrants at addresses linked to Vitol and Trafigura, their counterparts in Brazil said on Thursday, as a sprawling probe into the global commodity trading industry intensifies.

• Friday, April 12th 2019 - 18:06 UTC

  Swiss government wants to get rid of its coffee emergency stockpile

  

  The Swiss government wants to put an end to its emergency stockpile of coffee after declaring that it is “not essential” for human survival. Switzerland began storing emergency reserves of coffee between World War One and World War Two in preparation for potential shortages.

• Thursday, April 11th 2019 - 09:06 UTC

  Swiss prosecution has returned US$ 365m to Brazil linked to corruption operations in Petrobras and Odebrecht

  

  Crime-fighters in Switzerland and Brazil pledged to intensify cooperation to resolve the sprawling corruption case linked to state oil firm Petrobras in which around 700 million Swiss francs (US$ 701 million) remain frozen in Switzerland.

• Tuesday, March 19th 2019 - 08:08 UTC

  Spanish and Swiss companies win rights to operate key Brazilian airport groups

  

  Spain’s Aena SME SA and Switzerland’s Flughafen Zuerich AG last Friday won the right to operate two key Brazilian airport groups, in one of the first tests of President Jair Bolsonaro’s ability to draw foreign investment.

• Thursday, February 14th 2019 - 10:03 UTC

  Global commodity trading firms investigated in Switzerland and by the FBI

  

  Pressure is growing on global commodity trading firms with strong ties to Switzerland for their alleged involvement in the “Car Wash” corruption scandal in Brazil. The US Federal Bureau of Investigation is investigating two Vitol executives in the Americas, according to Reuters news agency.

• Tuesday, February 12th 2019 - 09:41 UTC

  UK and Switzerland sign a post-Brexit “continuity agreement” on trade

  

  The UK and Switzerland have signed a deal to continue trading after Brexit as they did before it. The “continuity agreement” - based on the EU's existing free trade deal with Switzerland - was agreed in December but ratified on Monday.

• Thursday, January 25th 2018 - 10:06 UTC

  EU leaders warn on nationalism and call for global cooperation ahead of Trump's speech

  

  European leaders warned at the World Economic Forum in Davos on Wednesday against a return to nationalism, with France’s Emmanuel Macron and Germany’s Angela Merkel calling for more global cooperation to harness the forces of globalization.