Business Dec 31, 2019

Nestle wraps up share buyback and cooks up another

Swiss food giant Nestle wrapped up Monday a huge share buyback program launched in 2017, and confirmed another is imminent as it pursues a shake-up of its vast brand portfolio. A Nestle statement said the group had completed a share buyback program worth €20 billion ...

334 rounded up in Italian 'ndrangheta mob sweep

World / Crime & Legal Dec 20, 2019

334 rounded up in Italian 'ndrangheta mob sweep

Police have arrested 334 people in one of the largest anti-mob operations ever seen in Italy, highlighting the growing reach of the 'ndrangheta mafia, prosecutors said on Thursday. The 'ndrangheta is based in the southern region of Calabria, the toe of Italy's boot, and has ...

Greens poised to make gains as Swiss elect parliament

World / Politics Oct 20, 2019

Greens poised to make gains as Swiss elect parliament

Swiss voters' concerns about climate change look set to give the environmentalist Greens strong gains in a parliamentary election Sunday that could dilute the center-right's grip on power. A solid showing by the Greens could vault them and allies into the mix for a seat ...

High-altitude wake held for melting Swiss glacier

World Sep 22, 2019

High-altitude wake held for melting Swiss glacier

Dozens of people dressed in black on Sunday attended a "funeral march" on a steep Swiss mountainside to mark the disappearance of an Alpine glacier amid growing global alarm over climate change. The Pizol "has lost so much substance that from a scientific perspective it ...

Japan considers naming Yomiuri chairman as ambassador to Switzerland

National Aug 7, 2019

Japan considers naming Yomiuri chairman as ambassador to Switzerland

The government is considering appointing Kojiro Shiraishi, chairman of media conglomerate the Yomiuri Shimbun group, as its new ambassador to Switzerland, a government source said Wednesday. It would be rare for someone working in the media to be appointed as an ambassador, but the 72-year-old ...

Switzerland has been helping Japan investigate Carlos Ghosn

Business / Corporate Jul 30, 2019

Switzerland has been helping Japan investigate Carlos Ghosn

Swiss prosecutors say they have been assisting investigations in Japan into former Nissan Motor Co. Chairman Carlos Ghosn, who has been indicted on charges of financial misconduct and breach of trust. Tokyo prosecutors requested Swiss assistance on Jan. 14, and the request was forwarded to ...