Latest News for: Swiss trading

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Hopes run high for Credit Suisse multi-billion cash call

Reuters 08 Dec 2022
Scandals blight Swiss bank as it seeks to reformShares have rallied from historic lowCredit Suisse will use cash to pay for turnaround ... Crucially, they have held above the deal subscription price of 2.52 Swiss francs and were at 2.821 Swiss francs, down around 1% in mid-session trade on Thursday.
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Credit Suisse raises ‘milestone’ $2.4 billion in revamp cash call

FX Empire 08 Dec 2022
After closing above 3 Swiss francs on Monday, they have retreated slightly, finishing Wednesday’s session at 2.851 Swiss francs. Crucially, they have held above the deal subscription price of 2.52 Swiss francs and were at 2.821 Swiss francs, down around 1% in mid-session trade on Thursday ... ($1 = 0.9415 Swiss francs).
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Trafigura shareholders and top traders split $1.7bn payouts

Swissinfo 08 Dec 2022
The Swiss-based commodities trading company, which is owned by 1,100 shareholders mainly made up of executives and traders at the privately held firm, reported that net profit soared to $7 billion ...
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US blacklists Pakistan firms over nuclear activities

The Wire Network 08 Dec 2022
... Ruselectronics JSC and Swiss based Milur SA. The Commerce Department also added four trading and supply companies in Singapore for supplying or attempting to supply an Iranian electronics company, Pardazan System Namad Arman (PASNA), that was sanctioned by the US Treasury in 2018.
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US adds 24 companies including those from Pakistan to export control list

Dawn 08 Dec 2022
Also on the list are Russian AO Scientific Research Center for Electronic Computing, LLC Fibersense, and Scientific Production Company Optolin, AO PKK Milandr; Milandr EK OOO; Milandr ICC JSC; Milur IS, OOO; (OOO) Microelectronic Production Complex (MPK) Milandr; and Ruselectronics JSC and Swiss based Milur SA.
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Trafigura charters Waterfront methanol carrier to boost green shipping reach

Tradewinds 07 Dec 2022
Swiss trading giant Trafigura has struck a time charter deal to add a ...
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U.S. blacklists companies for aiding Russian military

Yahoo Daily News 07 Dec 2022
Also on the list are Russian AO Scientific Research Center for Electronic Computing, LLC Fibersense, and Scientific Production Company Optolin, AO PKK Milandr; Milandr EK OOO; Milandr ICC JSC; Milur IS, OOO; (OOO) Microelectronic Production Complex (MPK) Milandr; and Ruselectronics JSC and Swiss based Milur SA.
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Rotterdam studies ammonia cracking for hydrogen imports

Splash24/7 06 Dec 2022
Gunvor, a Swiss commodity trading giant, signed a joint development agreement in June with US hydrogen producer Air Products to establish a green hydrogen import terminal in Rotterdam port also by 2026 ... the Port of Rotterdam with the trade lane expected to be operational by 2027.
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Rotterdam studies large-scale ammonia cracking for hydrogen imports

Splash24/7 06 Dec 2022
Gunvor, a Swiss commodity trading giant, signed a joint development agreement in June with US hydrogen producer Air Products to establish a green hydrogen import terminal in Rotterdam port also by 2026 ... the Port of Rotterdam with the trade lane expected to be operational by 2027.
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Credit suisse rises on report of Saudi crown prince interest

Live Mint 05 Dec 2022
... under veteran dealmaker Michael Klein. Shares of the Zurich-based bank climbed in early trading on Monday, extending gains after breaking a 13-day losing streak on Friday. The shares traded at 3.17 Swiss francs at 11.14 a.m ...  The new shares will begin trading on Dec.
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Keir Starmer says rejoining EU single market would NOT boost the economy as he tries ...

The Daily Mail 05 Dec 2022
The party leader said there was 'no case' for a Swiss-style arrangement or resuming full membership of the bloc. But he insisted the current trade deal is 'not very good' and any government he headed would try to make improvements ... Keir Starmer said there was 'no case' for a Swiss-style arrangement or resuming full membership of the bloc ... .
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Nicola Sturgeon dealt another blow as German ambassador suggests an independent Scotland WOULD have to ...

The Daily Mail 04 Dec 2022
His comments threatened to further derail Ms Sturgeon's push to break up the UK ... But the German ambassador added ... Mr Berger also welcomed recent speculation that the UK Government could pursue a Swiss-style relationship with the EU in fresh discussions over post-Brexit trade arrangements ... 'We don’t have to go into the details of the Swiss model ... .
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A Swiss-style Brexit deal is unlikely unless things change dramatically within the Conservative Party

The Conversation 02 Dec 2022
The attractiveness of a Swiss-style deal for the UK now is owed to the idea of accessing the trade benefits of EU membership without the official label of being a member ... During the Brexit negotiations our research found that a Swiss-style deal had potential to work for both the UK and the EU from a trade perspective ... Is a Swiss-style deal possible?.
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Komgo Acquires GTC to Create the Worlds Largest Platform for Digitalisation of Trade Finance

Algeria Times 02 Dec 2022
... to automation and management of letters of credit, bank guarantees, documentary collections; integrated with a trade finance marketplace.About KomgoKomgo is a Swiss-headquartered software development and technology services company solving problems for the trade finance industry.

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