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.
SwissInternational Air Lines will make fewer pandemic-related job cuts than feared following consultations with staff and trade unions ...SWISS confirmed an earlier statement that the size of its fleet would be reduced by 15%.
The Swiss bank Sygnum will be playing a crucial role in custody and trading services for DeFi tokens in a range of available crypto assets ... Sygnum will also be providing custody for stablecoin USD coins for trading purposes ... Sygnum’s Decision of Granting DeFi Token Trading Receives Positive Response.
Swiss digital asset bank Sygnum is launching institutional-grade custody and trading services for a portfolio of decentralized finance (DeFi) tokens ... Sygnum will also provide custody and trading for the stablecoin USD Coin (USDC).
“Every day I walk out of my door I’m celebrating Pride. Every day that I’m living my truth I’m celebrating Pride. It’s a way of life,” says the inimitable Honey Dijon, speaking over the phone from the Swiss mountains. She’s temporarily traded the hustle and bustle of Berlin for nature, taking some time to get away from it all ... .
While the foundation has revealed few details of the allegations facing the two institutions, anonymous testimonies gathered by trade union representatives and the media paint a bleak picture. Swiss public broadcaster RTS reported that a number of unidentified former members of ...
In 1930, Bolsky sold his assets and patents to Paillard — who would continue producing Bolex cameras under the name Paillard-Bolex — and in 1935 he found himself under the employ of Pignons S.A., a Swiss watchmaking company ...Finally, however, at the Swiss TradeFair in 1944, Pignons unveiled the Alpa-Reflex I.
June 7 Bitcoin Investment Trust Starts Trading on UK Exchange ── SwissCompany Aiming for Institutional Demand. This month, 21Shares will begin trading its Bitcoin ETP (an abbreviation for exchange-traded product) on the MTF (Multilateral Trading Facility) operated by Aquis Exchange Plc ... June 10 Coincheck to start selling SKE48NFT trading cards.
VanEck, a New York-based investment management firm, has listed four new cryptocurrency exchange-traded products (ETPs) on the SIX, Switzerland’s leading stock exchange ... They can be traded against both the US dollar and Swiss franc. Exchange-traded cryptocurrency products are seen as a gateway for mainstream adoption.
... the managing director of the National Iranian Oil Company (NIOC), which produces the petroleum smuggled by the Sa’id al-Jamal network and others; and Ahmad Ghalehbani, the head of Naftiran Intertrade Company, a Swiss subsidiary that handles petroleum trading for NIOC.