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Archive for Wed, 20 Jan 2016

Syria peace talks set to start: Russian minister

Syria peace talks set to start: Russian minister

Syria peace talks are expected to begin within a few days, Russian Foreign Minister Sergei Lavrov said in Zurich on Wednesday, adding that Moscow was ready to cooperate closer with the United States on Syria aid supplies.

Geneva cops hold banker over VIP client losses

Geneva cops hold banker over VIP client losses

A banker who reportedly lost tens of millions for a VIP client has been arrested, Swiss investigators said Wednesday.

Refugee limits 'moral necessity': German prez

Refugee limits 'moral necessity': German prez

Limiting Europe's refugee influx is "morally and politically necessary", Germany's president told the World Economic Forum on Wednesday, warning that failing to do so meant ceding ground to populists and extremists.

UK storms rip into Zurich's bottom line

UK storms rip into Zurich's bottom line

Zurich Insurance said on Wednesday that it expected to post a $275-million loss for 2015 largely due to three massive storms that slammed into Britain in December.

Credit Suisse adviser 'bilked client of millions'

Credit Suisse adviser 'bilked client of millions'

A customer service representative for Credit Suisse defrauded a wealthy client of more than 50 million francs ($50 million), the Tages Anzeiger newspaper reported on Wednesday, citing “well-informed sources”.

Terrorism and economic woes overshadow Davos

Terrorism and economic woes overshadow Davos

A string of jihadist attacks and rising risks to the global economy overshadow the official opening Wednesday of the annual gathering of the world's rich and powerful in a snow-blanketed Davos.

Federer cruises to win against practice partner

Federer cruises to win against practice partner

Switzerland's Roger Federer cruised into the third round of the Australian Open tennis tournament with a smooth, straight-sets win over practice partner Aleksandr Dolgopolov on Wednesday.