By Xavier Fontdegloria Switzerland’s National Bank on Thursday increased interest rates for a third consecutive time in as many meetings, but slowed the pace of rises as inflation pressures moderated. Read more
Tag: Swiss
Swiss National Bank posts $143 billion loss over nine months
The Swiss National Bank posted a loss for the first nine months of the year as the appreciation of the Swiss franc and rising interest rates hit its investments in Read more
Swiss National Bank posts $143 billion loss over nine months
The Swiss National Bank posted a loss for the first nine months of the year as the appreciation of the Swiss franc and rising interest rates hit its investments in Read more
Swiss Re reports quarterly loss due to U.S. Hurricane Ian-related claims
Swiss Re AG said Friday that claims related to Hurricane Ian in the U.S. drove it to a third-quarter loss as its property & casualty business suffered. The Zurich-based reinsurer Read more
Lidl must destroy its copycat Lindt chocolate bunnies, Swiss court rules
There can be only one chocolate bunny wrapped in gold foil, wearing a bow and a bell in Switzerland — and that’s the Lindt version. So says a Swiss federal Read more
Europe’s negative interest rate era ends as Swiss National Bank makes 75 basis point hike
Switzerland’s National Bank on Thursday raised interest rates for the second time in as many meetings, catching up with other central banks as the country faces the highest inflation rate Read more
Swiss National Bank raises interest rates by 75 basis points
Switzerland’s National Bank on Thursday raised interest rates for the second time in as many meetings, catching up with other central banks as the country faces the highest inflation rate Read more
Swiss National Bank raises interest rates by 75 basis points
Switzerland’s National Bank on Thursday raised interest rates for the second time in as many meetings, catching up with other central banks as the country faces the highest inflation rate Read more
Comparison of ransomware attack on Swiss online consumer outlets
New Delhi. In Zurich, Swiss online consumer outlet Compare has been hit by a ransomware attack. Comparison has also filed a criminal complaint in this regard on Wednesday. In his Read more