Showing of 0 - 10 from 273 results
Swiss - Total results - 273
Jan 12, 2017
SC to Vijay Mallya: Explain transfer of $40 mn to your childrenIn October last year the court had rapped Mallya for not making full disclosure of his overseas properties and had asked him to do so within a month.
Dec 20, 2016
Gunman wounds three in Zurich mosque rampage, motive unclear | ReutersBy Michael Shields and Brenna Hughes Neghaiwi | ZURICH ZURICH A man stormed into a Zurich mosque on Monday evening and opened fire on people praying, injuring three, Swiss police said.They said they had collected evidence inside the building and would make more details available on Tuesday. They declined to comment on the potential motive.Two of the three men -- aged 30, 35 and 56 -- were seriously injured in the attack shortly after 5:30 p.m. local time (1630 GMT) near the main train station in Switzerland's financial capital, Zurich police said.A third sustained less severe injuries.
Dec 20, 2016
Three wounded in shooting near Zurich Islamic centre, target unclear | ReutersBy Michael Shields and Arnd Wiegmann | ZURICH ZURICH Three people were wounded in a shooting near an Islamic centre in central Zurich on Monday, police said.Swiss media said a suspect was on the run after the incident near the main train station in Switzerland's financial capital.It was not immediately clear whether the Islamic centre or any of the other businesses registered buildings nearby, were the target of the attack, or what any motive might have been.People at the scene told Reuters they prayed at the centre, which was used as a mosque, often by Somalis.
Dec 16, 2016
Brussels upbeat as Swiss skirt clash with EU on immigration | ReutersBy Michael Shields and Philip Blenkinsop | ZURICH/BRUSSELS ZURICH/BRUSSELS The Swiss parliament passed a law on Friday aimed at curbing immigration by giving local people first crack at open jobs, skirting voters' demand for outright quotas, which it feared could disrupt close ties with the European Union.The European Commission offered a cautious welcome while it checks with members on how to handle non-member Switzerland, knowing that its treatment will be scrutinised for hints on what Britain might expect as it negotiates its EU divorce.A Commission spokesman said the Swiss law "appears to go in the right direction" by not setting quotas of EU citizens able to work there.Commission President Jean-Claude Juncker was due to talk with Swiss President Johann Schneider-Ammann later on Friday, and a joint committee meeting planned for Dec. 22.Brussels has so far shown scant inclination to compromise on free movement of people - the principle underpinning Swiss access to the EU's single market of 500 million - so as not to encourage Britain after its Brexit vote.The bill's lack of upper limits on immigration to a country where a quarter of residents are foreign prompted the right-wing Swiss People's Party to say politicians had defied the people's will as expressed in a 2014 referendum.The SVP, the largest party in parliament, has accused other parties of caving in to Brussels and selling out sovereignty.Its members held up signs in the chamber reading "Breach of the constitution" and "Mass immigration continues".AVOIDING A ROW But a clear majority in parliament did not want a row with the EU, Switzerland's main trading partner, which could retaliate by abrogating bilateral accords governing trade worth about 7 percent of Swiss economic output.The Swiss debate mirrors that in Britain, where voters decided to quit the EU in part to control immigration, which critics said was straining social infrastructure.Asked if the Swiss approach might be a guide for Britain, a spokesman for Prime Minister Theresa May said: "We have made it clear ..
Dec 11, 2016
Cristiano Ronaldo declared €20 million in Swiss banks; denies tax evasion chargesRonaldo said after Wednesday's 2-2 draw with Borussia Dortmund that 'he who owes nothing isn't afraid'.
Nov 30, 2016
Fifa World Cup 2006 probe: Police swoop on ex-executive, carry out fresh house searchesA Swiss corruption probe into the awarding of the 2006 World Cup to Germany was broadened on Wednesday to include former FIFA general secretary Urs Linsi after police raided homes.
Nov 24, 2016
Swiss nuclear exit vote raises prospect of more fossil fuels | ReutersBy Vera Eckert and John Miller | ZURICH/FRANKFURT ZURICH/FRANKFURT Switzerland votes in a referendum on Sunday on whether to make a speedy withdrawal from atomic energy production, a move that would reduce nuclear risks but raise reliance on fossil fuels from Germany or imported nuclear power from France.The opposition Swiss Greens and Social Democrats have pushed for a vote since the 2011 Fukushima disaster in Japan, but the government and industry oppose a quick exit, saying Switzerland would be unable to replace power supplies with renewable energy.Recent surveys from the gfs.bern polling institute show the "Yes" and "No" camps in the referendum are neck and neck.Switzerland prides itself on the fact that two thirds of its power is hydroelectric, from reservoirs in the Alps, but it also counts on nuclear energy for a third of its power output.Anti-nuclear groups are pushing for it to follow neighbouring Germany, which shut 40 percent of its nuclear reactors after Fukushima and will close the rest by 2022. Swiss reactors Muehleberg and Beznau I and II would be closed next year, followed by Goesgen in 2024 and Leibstadt in 2029
Nov 22, 2016
India, Switzerland ink accord to start information exchange on swiss accounts held by IndiansAfter India and Switzerland signing the accord, India will start getting information automatically about accounts held by Indians in Swiss banks from September 2019.
Nov 22, 2016
Black money: India to get Swiss bank a/c data from Sept 2018 onwardsThey will not share details about accounts held prior to that period, while the first such exchange will happen in September 2019.
Nov 21, 2016
Demonetisation: Why govt should relax norms for the persecuted chit fund industryThough the chit fund industry is large, growing and provides useful financial services to those who are otherwise excluded from formal institutions like commercial banks, the government, even otherwise, has imposed stringent rules that has stymied its progress