Latest News for: Swiss trading


Bencic wins women's tennis gold; Djokovic falls to Carreno Busta in bronze medal match

Finger Lakes Times 01 Aug 2021
9 seed becomes the first Swiss woman to take tennis gold after Marc Rosset won the men's title in 1992 and Roger Federer partnered with Stan Wawrinka for men's doubles glory in Beijing ... They traded breaks again as nerves took over. The Swiss then wasted a match point at 5-3 but her ...

Credit Suisse profit misses estimates, as bank pares risk

Taipei Times 29 Jul 2021
Net income tumbled 78 percent from a year earlier to 253 million Swiss francs (US$278 million), dragged down by a slump in trading that was exacerbated by a US$653 million Archegos-related loss ... People walk past the headquarters of Swiss bank Credit Suisse at Paradeplatz in Zurich on March 24.

Nestle Raises Guidance After Coffee Drinkers Boost Its First Half

FX Empire 29 Jul 2021
Net profit rose slightly to 5.9 billion Swiss francs ($6.49 billion), also ahead of a consensus estimate of 5.84 billion Swiss francs. The underlying trading operating profit margin remained stable at 17.4% in the first half despite increases in commodities, packaging and transportation costs.

Credit Suisse Needs to Make Bold Changes

Wall Street Journal 29 Jul 2021
It may be just starting to feel the operational and cultural impact. In the latest quarter, the bank lost another $600 million closing out its final positions related to Archegos, taking its total losses on the trades to $5 billion. The Swiss bank has been massively reducing its risk profile, leading to disappointing second-quarter results ... .

Dollar’s post-Fed tumble to 1-month low lifts other FX

Metro USA 29 Jul 2021
(Full Story). U.S ... The offshore-traded yuan rose 0.3% and an emerging currency index approached two-week highs, up 0.6 ... U.S. and German bond yields inched lower while the safe-haven Japanese yen and Swiss franc too remained firm. The yen traded around 109.75 yen to the dollar, not far off a six-week high of 109.08 touched on July 19 ... .

Europe or the world? The 150-year dilemma for economiesuisse

Swissinfo 28 Jul 2021
The Swiss government’s decision to abandon a framework agreement ... For 150 years the Swiss Business Federation has been torn between European markets and the rest of the world in terms of free trade.

Dollar stands firm as investors eye Fed decision

Reuters 28 Jul 2021
Dollar gains 0.1% ahead of FedPolicy statement due at 1800 GMTAnalysts expect no major policy shiftSafe-haven yen, euro, Swiss franc show strength ... The Japanese yen, Swiss franc and the euro held onto the previous day's gains in Asian trading hours, with the safe-haven yen trading at 109.80 per dollar and the euro at $1.1809.

Dollar stands firm with Fed decision in focus

Metro USA 28 Jul 2021
dollar index moved into positive territory after trading lower in Asian hours ... The Japanese yen, Swiss franc and the euro held onto the previous day’s gains in Asian trading hours, with the safe-haven yen trading at 109.93 per dollar and the euro at $1.1812.

5 Notable Blockchain Platforms You Need To Know About in 2021

Binance Blog 28 Jul 2021
Earlier this year, institutional investors such as Goldman Sachs, ICAP, JPMorgan, and UBS have reportedly bought shares in Polkadot’s exchange-traded product (ETP), which is listed on the SIX Swiss Exchange ... exchange-traded product (ETP), which is listed on the SIX Swiss Exchange.

US Stock Futures Giving Mixed Signals Pulling Back from Record Highs

Coinspeaker 28 Jul 2021
During the early morning trading on Wednesday, the US stock futures showed mixed signals with major averages pulling back from record high levels ... On the other hand, the futures for S&P 500 and Nasdaq 100 are trading in positive territory ... Despite the recent pullback, all three Wall Street indices are trading in positive for the month of July.

Havens Favoured as China Jitters Persist; Dollar Waits for Fed

FX Empire 28 Jul 2021
By Tom Westbrook. The Japanese yen, Swiss franc, and the euro all held Tuesday’s gains throughout the Asia session, with the yen trading at 109.80 per dollar and the euro at $1.1821 ... Hong Kong’s Hang Seng Index stabilised after suffering its sharpest one-day selloff in more than a year on Tuesday, when jitters also spilled into U.S. markets ... inflation.

Ex-Glencore executive pleads guilty in New York over oil bribery scandal in Nigeria

Business Day Online 27 Jul 2021
Glencore, an Anglo-Swiss multinational commodity trading company with headquarters in Switzerland, is one of the oil traders that have been This content is for Premium Monthly, ...

Andrew “Andy” Raymond Heim

The World 27 Jul 2021
August 3, 1940 – July 24, 2021. AndrewAndyRaymond Heim, 80, passed away Saturday, July 24, 2021. Andy was born August 3, 1940 in Vancouver, Washington to C ... Andy enjoyed his work, music and teaching trade skills to younger generations, however, faith, family, dairy farming and Swiss heritage were his passions ... ....

Organon and ObsEva Enter Global License Agreement to Develop and Commercialize Ebopiprant (OBE022), an Investigational ...

The Marshall News Messenger 27 Jul 2021
JERSEY CITY, N.J. & GENEVA, Switzerland--(BUSINESS WIRE)--Jul 27, 2021--. Organon (NYSE. OGN), a global women’s health company and ObsEva (NASDAQ. OBSV) (SIX ... About ObsEva ... ObsEva is listed on the Nasdaq Global Select Market and is traded under the ticker symbol “OBSV” and on the SIX Swiss Exchange where it is traded under the ticker symbol “OBSN”.

Bank of China gets approval to open branch in Switzerland

Swissinfo 26 Jul 2021
The Chinese financial institution said it wants to "build a bridge for Sino-Swiss trade and investment and play a bridging role in promoting economic, commercial and financial exchanges."