EU, UK, Swiss probe suspected fragrance cartel, Givaudan confirms cooperation
Swiss fragrance and flavour maker Givaudan said on Tuesday that it was being investigated by European Union and Swiss antitrust authorities.
Dollar subdued as traders eye Powell testimony, jobs report
The U.S. dollar made a tentative start to the week on Monday as investors awaited testimony from Federal Reserve Chair Jerome Powell and looked towards for a February jobs report that will likely influence how hawkish the U.S.
Glazers' demands set to delay Manchester United takeover: reports
If the Glazers do decide to hang on to all or part of the club, it would be deeply unpopular with United's supporters
Swiss-based trust holds second meeting to discuss plans for Afghan funds - trustee
The board of the Swiss-based trust fund managing some $3.5 billion in frozen Afghan central bank assets met for a second time last month, one of its trustees said, and discussed options for disbursing funds in line with achieving monetary stability.
Hedge funds unimpressed by Chinese internet giants' peppy earnings
A set of bumper earnings reports from the likes of Baidu Inc and other Chinese internet giants isn't impressing hedge funds and other investors who have cut exposure to the stocks and seem to be waiting for more good news.
Regulator censures Credit Suisse for Greensill blunders
Swiss regulators have rebuked Credit Suisse for "serious" failings in its handling of a multi-billion business with now defunct financier Greensill, the third such public censure in two years.
Artificial Intelligence might be the answer UK retailers need
Artificial intelligence and cloud-based analytics could be the biggest help for retailers to understand customer behaviour in 2023.
Dollar advances as traders consider higher-for-longer rates view
The dollar was on the front foot on Monday, hovering near a seven-week peak.
HSBC takes US$300 million hit on Russia business sale, says deal on track for 2023
HSBC HSBA.L> said it still expects to complete the sale of its Russia business in first-half 2023, in the most significant update on the progress of the deal since it said in July 2022 it had agreed to sell the unit to local lender Expobank.
Formula One: Everything you need to know in 2023
Last year Formula One saw some intriguing twists and turns, with the public falling out of Perez and Verstappen after the 2022 Brazilian Grand Prix. However, this season might have more intrigue and twists in the making.
Dollar rally loses steam as traders wait on Fed, data
The dollar was parked below recent peaks on Tuesday, as a three-week rally faded and traders waited on economic data to figure on whether it's warranted to push the dollar up any further.
Manchester United Takeover: Qatari banker Sheikh Jassim confirms bid to buy club
Manchester United have not won the Premier League title since the 2012-13 season.
Inflation nibbles at Nestle margins
Swiss food giant Nestle said on Thursday sales rose last year but inflation nibbled at its margins, while net profits plunged due to asset disposals in 2021.
Shopify's revenue forecast fails to impress, shares fall
Shopify Inc on Wednesday forecast slowing revenue growth for the current quarter despite price hikes and new product launches, signaling that macroeconomic challenges were weighing on its merchants' online businesses.
Dollar slips as inflation in focus, Ueda nominated as BOJ governor
The dollar was broadly lower on Tuesday ahead of a keenly anticipated inflation report, while the yen strengthened as surprise pick Kazuo Ueda was nominated to be the next governor of Bank of Japan.
US stocks fall again as British pound advances
UK inflation slowed to 10.5 percent in December -- still around 40-year highs and more than five times the BoE's official target level of two percent.
Swiss give 2,500-year-old stone sculpture back to Peru
The Swiss on Wednesday handed a large stone-carved head back to Peru, where it was sculpted around 2,500 years ago by one of the country's earliest civilisations, the culture office said.
Dollar on the front foot after robust U.S. jobs data, yen falters
The dollar extended its rally on Monday after a strong U.S. jobs report suggested the Federal Reserve could stay hawkish for longer
Novartis says operating profit to grow again ahead of Sandoz spin-off
Novartis on Wednesday predicted that core operating income would grow in a "mid single digit" percentage range in 2023 following stagnation last year, as the Swiss drugmaker prepares to spin off its Sandoz generics business.
Few sanctioned Russian oligarchs disclose UK property, despite new law
Following Moscow's invasion of Ukraine last year, Britain trumpeted new legislation requiring property-ownership disclosure aimed at cracking down on Russian oligarchs and corrupt elites laundering illicit wealth.
Global stocks drop as investors shrug off recovery hopes
Global stock markets slid Tuesday as Wall Street weakness offset positive economic data, while investors looked ahead to key interest rate decisions due this week.
Europe's luxury stocks have room to rise, but becoming costly
Europe's glittering luxury companies, the region's top stock-market performers in 2023, may see yet more gains driven by a rebound in Chinese spending, but for some the sector is starting to look expensive.
Dollar set for fourth monthly drop as Fed meeting looms
The dollar was eyeing a fourth monthly loss on Tuesday as investors reckon a peak in U.S. interest rates could swing into view as soon as this week's Federal Reserve meeting.
Generation Z finding time for second-hand luxury watches
Swiss watch exports hit a new record in 2022, climbing 11.4 percent year-on-year to 24.8 billion Swiss francs.
UK Labour party outlines its vision for government
Labour's slogan contrasts with the "Global Britain" promised by Boris Johnson when he took the country out of the EU at the start of 2020.
Davos 2023-'Open for business' Labour slams PM Sunak no-show
British Labour Party leader Keir Starmer set out his green growth plan in Davos on Thursday and criticised British Prime Minister Rishi Sunak for not showing up at the annual meeting of the World Economic Forum.
Richemont, Burberry optimistic about China luxury sales
Luxury retailers Richemont and Burberry said they were optimistic that consumers in China would start spending again, helping offset three years of upheaval from the government's strict COVID-19 lockdowns and soaring infections.
Jim Ratcliffe's Ineos declares interest in buying Man Utd
United's owners, the Glazer family, said they were willing to listen to offers for the Premier League club.
EU takes on US, China over clean tech in Davos
The EU's chief announced ambitious plans Tuesday to challenge China and the United States in the race for clean-tech industries, as a battle over green trade emerged at the World Economic Forum.
European shares edge up on pharma boost, UK's FTSE 100 nears record-high
European shares inched up on Monday as gains in healthcare stocks helped the benchmark index extend its sharp rally thus far into the new year, while UK's FTSE 100 hovered close to a record high.