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