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Archive for Wed, 13 Jan 2016

GE announces plans to slash 1,300 Swiss jobs

GE announces plans to slash 1,300 Swiss jobs

General Electric on Wednesday announced plans to shed 1,300 jobs in Switzerland as part of an overall plan to cut 6,500 positions across Europe after acquiring the energy business of French company Alstom for $10.3 billion last year.

Fifa fires Blatter associate Jérôme Valcke

Fifa fires Blatter associate Jérôme Valcke

Fifa has fired secretary general Jérôme Valcke, who is under investigation for misconduct, world football's governing body said on Wednesday.

Former U20 football star caught stealing gold

Former U20 football star caught stealing gold

A former player for Switzerland's under-20 football team was caught stealing a gold ingot worth 9,000 francs ($8,950) from a precious metals shop in the canton of Aargau, according to media reports on Wednesday.

Bern rejects ban on 'speculative' food trading

Bern rejects ban on 'speculative' food trading

The federal government on Tuesday launched its campaign against an initiative aimed at banning speculation in the trading of basic food commodities in Switzerland.