Switzerland (/ˈswɪtsərlənd/), officially the Swiss Confederation (Latin:Confoederatio Helvetica, hence its abbreviation CH), is a country in Europe. While still named the "Swiss Confederation" for historical reasons, modern Switzerland is a federaldirectorial republic consisting of 26cantons, with Bern as the seat of the federal authorities, called Bundesstadt ("federal city"). The country is situated in Western and Central Europe, and is bordered by Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east. Switzerland is a landlocked country geographically divided between the Alps, the Swiss Plateau and the Jura, spanning an area of 41,285km2 (15,940sqmi). While the Alps occupy the greater part of the territory, the Swiss population of approximately 8 million people is concentrated mostly on the Plateau, where the largest cities are to be found: among them are the two global and economic centres, Zürich and Geneva.
Swiss was formed after the 2002 bankruptcy of Swissair, Switzerland's former flag carrier. Crossair had 40% of its income come from the defunct Swissair. The new airline's losses totaled $1.6 billion from startup until 2005. Swissair's biggest creditors, Credit Suisse and UBS, sold part of Swissair's assets to Crossair, the regional counterpart to the transatlantic Swissair. At the time, both Swissair and Crossair were under the same holding company, called SAirGroup. Crossair later changed its name to Swiss, and the new national airline started its operations officially on 31 March 2002. The airline was first owned by institutional investors (61.3%), the Swiss Confederation (20.3%), cantons and communities (12.2%) and others (6.2%). Swiss also owns subsidiary companies Swiss Sun (100%) and Crossair Europe (99.9%). It has a total of 7,383 employees.
With just 200 million euros under management, Bluebell is a diminutive David to the $63 billion Swiss commodity Goliath...That’s largely down to soaring prices of its two main commodities – copper and coal.Register now for FREE unlimited access to reuters.com.
KaramHinduja has rather un-Swiss ambitions for the Swiss private bank he took charge of last year ...Total assets under management rebounded to 2.43 billion Swiss francs as of the end of October ... Pfaeffli was hired in 2016 in the wake of a pair of bad investments in commodity trading that lost the bank a reported 25 million Swiss francs.
[time-brightcove not-tgx=”true”] ... 22 ... Rolling blackouts are a possibility, warned JeremyWeir, chief executive officer of Trafigura Group, a Swiss commodity trading house on Nov. 16 ... “It shows how exposed Europe’s power system is to the volatility in commodity prices,” said Roenningen in Oslo ... .
This year's version included panicked selling of commodity currencies and safe-haven demand for Japanese yen and Swiss francs.The currency selloff was sparked by reports of a nasty, highly transmittable COVID-19 variant from South Africa, blew up the Twitter-verse, and roiled ...
News of a coronavirus variant potentially resistant to current vaccines drove investors out of the commodity-linked Australian Dollar and into the safety of the U.S. Dollar, Japanese Yen and SwissFranc. We don’t know much about the new variant, but the fear of the unknown is powerful when dealing with matters of risk ... Advertisement ... Sign Up ... See All.
“All we know so far is the B.1.1.529 is heavily mutated but markets are taking no chances, equities are falling, haven currencies such as the US dollar, Japanese yen and Swiss franc are rallying, commodity currencies such as the CAD, AUD and NZD are being sold, US 10-year bond yields have moved sharply lower, and oil has slumped ... Tags. Sensex ... Nov 26.
But, of course, that will go against the interest of the 10,000-strong lobby of commodity traders who form a three-tier cartel led by Swiss commodity major Glencore importing pulses into India, as per a 2,000-page income tax report titled “AppraisalReport in the case of Pulse...
the world will need almost double the copper in the next 30 years than in the past 30,” Vandita Pant, BHP’s ChiefCommercialOfficer, said at the FT Commodities AsiaSummit... Earlier this week, Swiss-based commodity trading firm Trafigura warned of possible deficits for copper and nickel resulting from rapidly growing demand ... .
Such carriers — titanic vessels stretching up to 270m long and able to carry hundreds of thousands of tonnes of cargo — are the cheapest way to transport coal and other commodities like iron ore and grain in large quantities ...Swiss Re told Reuters that from 2023 it would no longer ...