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UBS settles to fend off Milan money-laundering investigation

This content was published on Oct 17, 2019 The judge at the preliminary hearing in Milan granted the request, according to Italian news agency Ansa. The three companies UBS (as a group), UBS Switzerland and UBS Monaco were the parties to the settlement. The magistrate also ordered the confiscation of €8.2 million. UBS has thus closed the criminal part of the case, after wrapping up a tax dispute in June by paying…

WEF gears up to hit 50 with a focus on sustainability

This content was published on Oct 17, 2019 The organisation unveiled on Thursday the theme of the January 21 to 24 meeting: “Actors for a more coherent and sustainable world”. A standard for the economic, social and governance objectives will be unveiled to the 3,000 attendees of the 2020 WEF meeting. “People are revolting against the economic ‘elites’ they believe have betrayed them,” stated WEF founder Klaus SchwabExternal link, referring specifically to shortfalls in efforts…

Domino’s Pizza slices links with Switzerland

This content was published on Oct 17, 2019 British pizza delivery company Domino’s Pizza is pulling out of Switzerland, Norway, Sweden and Iceland owing to increasing losses.

Credit Suisse promises safeguards for indigenous groups after Dakota pipeline intervention

This content was published on Oct 17, 2019 Credit Suisse has committed to updating its internal policies on consent of indigenous communities in its financing of sensitive projects.

Catalonia’s Democratic Tsunami movement – born in Geneva?

This content was published on Oct 17, 2019 Switzerland was the launchpad for a digital platform fuelling protests in Spain, according to the Geneva daily Le Temps and Spanish media.

Half a million Swiss shell out for unlimited travel

This content was published on Oct 17, 2019 The 500,000th owner of the GA travelcard was presented with a free first-class pass.

Facebook’s ‘I voted’ button comes to Switzerland

This content was published on Oct 17, 2019 For the first time in a Swiss parliamentary election, voters will be able to click a button on Facebook saying they have voted.

Commodities trader Gunvor held criminally liable for corruption

This content was published on Oct 17, 2019 The Geneva-based trading company Gunvor has been ordered to pay almost CHF94 million, including a fine of CHF4 million over bribery in Africa.

Geneva Airport fires head of security and deputy

This content was published on Oct 17, 2019 Two people, including the head of security at Geneva airport, have been dismissed as part of a corruption case.

Pollution continues to kill, including in Switzerland

This content was published on Oct 16, 2019 There are more than 4,000 premature deaths per year in Switzerland owing to air pollution, says a new report.

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UBS settles to fend off Milan money-laundering investigation

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WEF gears up to hit 50 with a focus on sustainability

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Domino’s Pizza slices links with Switzerland

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Credit Suisse promises safeguards for indigenous groups after Dakota pipeline intervention

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Catalonia’s Democratic Tsunami movement – born in Geneva?

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Half a million Swiss shell out for unlimited travel

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Facebook’s ‘I voted’ button comes to Switzerland

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Commodities trader Gunvor held criminally liable for corruption

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Geneva Airport fires head of security and deputy

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Pollution continues to kill, including in Switzerland

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