Credit Suisse, Mozambique secure out-of-court ‘tuna bond’ settlement
Credit Suisse has reached an 11th-hour out-of-court settlement with Mozambique over the decade-old $1.5 billion-plus “tuna bond” scandal, the Swiss bank’s new owner UBS said on Sunday, drawing a line under a damaging dispute it inherited. “The parties have mutually released each other from any…#mozambique #ubs #mozambican #generalsofficeand #proindicus #creditsuisses #iskandarsafa #privinvest #highcourt #londonhighcourt (Source: Reuters: Health)
Source: Reuters: Health - October 1, 2023 Category: Consumer Health News Source Type: news
UBS says reports of DOJ probe into Russia sanctions evasion are wrong
Swiss multinational investment bank UBS says it is not aware of a probe by the US Department of Justice into suspected compliance-related missteps by its subsidiary Credit Suisse that reportedly allowed Russian clients to skirt sanctions. “The recent reporting on an alleged probe by the US…#ubs #russian #justicedepartment #creditsuisses #drewsullivan #ushelsinkicommission #ukraine #bencardin #democrat #maryland (Source: Reuters: Health)
Source: Reuters: Health - September 30, 2023 Category: Consumer Health News Source Type: news
Bitcoin: Swiss Army Knife, or Sword?
(Source: Reuters: Health)
Source: Reuters: Health - September 30, 2023 Category: Consumer Health News Source Type: news
The Most Important Lesson From Having Built 10 Companies From Scratch
In 2010, we started our first company, DeinDeal, which became the fastest-growing startup in Switzerland. We sold it in 2015. This experience fuelled my passion for creating more companies from scratch. In 2015, we founded wefox which has grown to become one of the world’s leading insurtechs.…#switzerland #transformation #spiraldynamicstheory #survivalhere #powerego #emphasis (Source: Reuters: Health)
Source: Reuters: Health - September 30, 2023 Category: Consumer Health News Source Type: news
World Biggest Airport Retailer Makes Strategic Investment In Shopping App Duffle
Switzerland-based global travel retailer, Dufry, has joined Germany’s Gebr. Heinemann as an investor in airport shopping app Duffle, opening the door to what could become a widely adopted digital platform in the duty-free sphere. With two global travel retailers on board, Duffle—a Berlin-based…#switzerland #dufry #duffle #berlin #fb #gharageventures #singapore #lennardniemann #copenhagenairport #denmark (Source: Reuters: Health)
Source: Reuters: Health - September 30, 2023 Category: Consumer Health News Source Type: news
How China ’s Property Crisis Is Testing Its Too-Big-to-Fail Banks
The Chinese government directly or indirectly holds controlling stakes in practically all the country’s banks, giving it a powerful say over their fate. Banks hold enormous amounts of real estate debt, and regulators are nervous. But a fast-moving crisis is unlikely because the government has…#chinaevergrande #beijing #andrewcollier #orientcapital #hongkong #liuhe #worldeconomicforum #davos #switzerland #shanghai (Source: Reuters: Health)
Source: Reuters: Health - September 30, 2023 Category: Consumer Health News Source Type: news
Europe ’s Crypto Industry Wants Staking Clarity as Regulations Loom
That’s a gap that needs to be fixed, says the European Central Bank’s Christine Lagarde, who’s called for the service – in which crypto holders can post their assets to earn passive income – to be addressed in a MiCA sequel. That would likely take years, if it happens at all – and some are worried…#europeancentralbanks #christinelagarde #mica #switzerland #finma #singapore #europeancommission (Source: Reuters: Health)
Source: Reuters: Health - September 30, 2023 Category: Consumer Health News Source Type: news
6 Ways to Tap Into Nostalgia —and Why You Should
When people walk into Keri Piehl’s retro toy store in Albuquerque, N.M., their eyes light up. Wooden spinning tops, Yo-Yos, Trolls, rainbow lava lamps, scratch-and-sniff stickers—it’s like time travel, unlocked.
Some visitors make a beeline for the games and puzzles, eager to relive their glory days. “I sell a ton of jacks to grandparents,” Piehl says. “I always joke that I should have an over-50 league, because every single grandma tells me they were the best at jacks.” Others simply want to settle a score. Grandfathers, in particular, enjoy bringing up old marble-related injus...
Source: TIME: Health - September 29, 2023 Category: Consumer Health News Authors: Angela Haupt Tags: Uncategorized healthscienceclimate Source Type: news
Swiss Central Bank Stepped Up FX Sales in Bid to Tame Inflation
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Source: Reuters: Health - September 29, 2023 Category: Consumer Health News Source Type: news
Switzerland ’s Top Party Wants Fewer People
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Source: Reuters: Health - September 29, 2023 Category: Consumer Health News Source Type: news
News Wrap: American soldier who fled to North Korea returned to U.S
In our news wrap Thursday, an American soldier who ran away to North Korea has been returned to the U.S., NATO Secretary-General Jens Stoltenberg urged the allies to provide Ukraine with more air defense systems and scientists in Switzerland sounded an alarm on rapidly melting glaciers caused by…#northkorea #nato #jensstoltenberg #ukraine #switzerland (Source: Reuters: Health)
Source: Reuters: Health - September 28, 2023 Category: Consumer Health News Source Type: news
Disney+ To Start Password-Sharing Crackdown Early, Before 2024
Disney will start cracking down on Disney+ password sharing earlier than previously indicated, starting in Canada. The company sent an email to Disney+ subscribers in Canada announcing that the policy will commence on Nov. 1, without providing many specifics. The message said Disney+ is…#disney #bobiger #switzerland #spain #norway #sweden #denmark (Source: Reuters: Health)
Source: Reuters: Health - September 28, 2023 Category: Consumer Health News Source Type: news
UBS shares rattled by report of US probe into Russia sanctions evasion
Shares of UBS plunged Wednesday following a Bloomberg report that the Swiss bank faces a widening probe by the US Department of Justice (DOJ) over suspected compliance failures that allowed Russian clients to evade sanctions. The Swiss Stock Exchange said it had temporarily stopped trade in the…#ubs #russian #swissstockexchange #zurich #doj #creditsuisses (Source: Reuters: Health)
Source: Reuters: Health - September 27, 2023 Category: Consumer Health News Source Type: news
BIS chief claims'outdated legal frameworks' could'hinder' CBDC development
Agustín Carstens, the Bank for International Settlements (BIS) general manager, urged governments to create a legal framework to ease the creation and introduction of Central Bank Digital Currencies (CBDC). In a Sept. 27 speech delivered at the BISIH-FSI conference in Switzerland, Carstens…#agustíncarstens #bis #cbdc #switzerland #carstens #cpmi (Source: Reuters: Health)
Source: Reuters: Health - September 27, 2023 Category: Consumer Health News Source Type: news
BIS Chief Urges Countries to Establish Legal Frameworks for CBDCs
Coinspeaker BIS Chief Urges Countries to Establish Legal Frameworks for CBDCs Agustin Carstens, the General Manager of the Bank for International Settlements (BIS), has urged countries to take immediate action in establishing clear legal frameworks to support the implementation of Central Bank…#bis #agustincarstens #switzerland #carstens #centralbanksface #cbdcimplementation #cbdc #polaris #recover #adapt (Source: Reuters: Health)
Source: Reuters: Health - September 27, 2023 Category: Consumer Health News Source Type: news
