GLOBAL

Fear spreads easily. That's what gives the Wuhan coronavirus economic impact

One way to count the cost of the Wuhan coronavirus is by how many people catch it, and then how many die. Another is the direct financial costs of public health measures to treat those infected and contain its spread...

By Ilan Noy 30 Jan 2020

GLOBAL

How CEOs, experts and philosophers see the world's biggest risks differently

We live in a world threatened by numerous existential risks that no country or organisation can resolve alone, such as climate change, extreme weather and the coronavirus...

By Christopher Michaelson 28 Jan 2020

GLOBAL

Coronavirus does not look like a 'black swan' event - here are some reasons to be cautiously optimistic

The alarm is sounding again. The Asia financial markets were reasonably calm about the new coronavirus until the news of the lockdown of the whole city of Wuhan in China on 23 January...

By Zheng Wang 27 Jan 2020

GLOBAL

#BFGlobal500: Amazon breaks $200bn mark, still world's most valuable brand

Amazon makes history as the first brand in Brand Finance Global 500 ranking to exceed $200bn value mark and retains title of world's most valuable brand for the third consecutive year...

22 Jan 2020

GLOBAL

US is more relaxed about oil spike than Europe - which helps explain differences over Iran

Oil prices shot up following the US assassination of Iranian general Qassem Soleimani, rising more than $5 per barrel to more than $71 (£54) on January 6, its highest level since the Saudi oil refinery attack last September...

By Mueid Al Raee 15 Jan 2020

GLOBAL

Facebook's Libra has staggering potential - state control of money could end

The UN recognises 180 currencies worldwide as legal tender, all of them issued by nation states. It does not recognise cryptocurrencies like Bitcoin in this way, even if communities of enthusiasts have been treating them as a means of exchange for over a decade now...

By Gavin Brown 27 Jun 2019

SOUTH AFRICA

Switzerland at epicentre of cryptocurrency revolution

ZURICH, Switzerland - Switzerland has become a global hub for cryptocurrencies and the blockchain technology they are built on, with investors flocking to the wealthy Alpine nation to get in on the virtual action...

3 Apr 2018

SOUTH AFRICA

Female millennials are the most confident and ambitious of any female generation

New PwC survey dispels myths about women and work...

5 Mar 2015

SWITZERLAND

Swiss ex-banker faints as trial over WikiLeaks leak opens

GENEVA, SWITZERLAND: A former Swiss banker fainted on Wednesday at the opening of his trial for breaking Swiss bank secrecy laws for allegedly giving confidential data to WikiLeaks...

11 Dec 2014

SWITZERLAND

EU challenges Russia at WTO over duties on vans

GENEVA, SWITZERLAND: The European Union said that it had launched a fresh challenge to Russia at the World Trade Organisation, seeking to strike down Moscow's import duties on vans from Germany and Italy.

22 May 2014

SWITZERLAND

Holcim confirms merger talks with Lafarge

GENEVA, SWITZERLAND: Switzerland's Holcim confirmed that it is in merger talks with its French rival Lafarge in a deal that would create the world's largest cement company.

7 Apr 2014

SWITZERLAND

Zurich Insurance posts 17% fall in profits

ZURICH SWITZERLAND: Swiss insurer Zurich Insurance on Thursday (15 August) said net profits fell by 17% to US$1.85bn in the first half of the year on the back of weather-related disasters.

15 Aug 2013

SWITZERLAND

Swiss Life surprises with strong first half profits

ZURICH, SWITZERLAND: Insurance company Swiss Life on Wednesday (14 August) posted a near 30% rise in first-half net profits, attributing the boost to a solid performance in all areas and to strict management of margins.

15 Aug 2013

SWITZERLAND

Swiss Re's profits of US$786m in quarter

ZURICH, SWITZERLAND: Switzerland-based reinsurance giant Swiss Re reported a more than nine-fold leap in second-quarter profits on Thursday thanks to a jump in premiums and with exceptional costs weighing down on last year's result.

12 Aug 2013

SWITZERLAND

Glencore Xstrata axes Bond

ZURICH, SWITZERLAND - The chairman of newborn mining and commodities giant Glencore Xstrata, John Bond, was on Thursday (16 May) axed by its annual general meeting, just weeks after the Swiss-based group was created via a merger of two major mining companies.

17 May 2013

SWITZERLAND

WEF Strategic Dialogue - Future South Caucasus, Central Asia: Media accreditation open

GENEVA, SWITZERLAND: Media accreditation opens for the World Economic Forum Strategic Dialogue on the Future of the South Caucasus and Central Asia.

12 Mar 2013

SWITZERLAND

IMD announces its 2012 World Competitiveness Rankings

LAUSANNE, SWITZERLAND: IMD, a top-ranked global business school based in Switzerland, has announced the findings of its annual World Competitiveness Yearbook (WCY). The WCY rankings measure how well countries manage their economic and human resources to increase their prosperity.

1 Jun 2012

UNITED STATES

Hope for full global economic recovery in 2010 diminishes

NEW YORK, US: After an upbeat start to the year with two consecutive quarters of increases in optimism, global consumer confidence fell three points in September to an Index of 90 as consumers' hopes for a full economic recovery this year fades in most parts of the world, according to the latest edition of the Nielsen Global Consumer Confidence Index.

27 Oct 2010

UNITED STATES

America still the most admired country globally

NEW YORK, US: The United States continues to lead the world in global image, according to GfK Roper Public Affairs & Corporate Communications, a division of GfK Custom Research North America and Simon Anholt, the leading policy advisor.

15 Oct 2010



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