EasyJet boss quits due to flight cancellations
LONDON, England: After EasyJet canceled thousands of flights this summer to limit the disruption caused to passengers from both air ...
Chip shortage causes GM to store 95,000 incomplete cars
DETROIT, Michigan, global shortage of computer chips, vehicles, Detroit automaker, General Motors, GM's total salesDETROIT, Michigan: The global shortage of ...
Greenback soars as oil plunges below $100 a barrel, U.S. stocks mixed
NEW YORK, New York - U.S. stocks gyrated on Tuesday, with major indices tumbling more than two percent before regaining ...
India prohibits use of single-use plastic in bid to reduce litter
NEW DELHI, India: To combat worsening pollution, India, the world's second most populous country, has banned single-use plastic items, ranging ...
Airbnb announces worldwide ban on parties held in rentals
SAN FRANCISCO, California: In response to a string of shootings that have broken out at U.S. properties it lists, rental ...
Stocks in Asia on the boil after Australia's central bank hikes interest rates
SYDNEY, NSW, Australia - Stocks in Asia strengthened on Tuesday with major gains recorded across the region.The Reserve Bank of ...
To prevent fuel price hikes, India sets windfall tax on oil producers
NEW DELHI, India: As the Indian government aims to increase local fuel supplies to meet rising demand and boost federal ...
Exxon tells shareholders to expect $16 billion Q2 profits
HOUSTON, Texas: Exxon Mobil Corp said this week that profits from skyrocketing fuel prices could result in a record $16 ...
Boeing out, Airbus in as China to purchase 300 A320 jets
BEIJING, China: Chinese airlines announced last week that they would purchase some 300 Airbus jets. This is the largest order ...
Asian stock markets gain ground as Wall Street closes for long weekend
SYDNEY, NSW, Australia - Stocks in Asia generally moved higher on Monday despite continuing concerns over a potential global recession. ...
Barbecues in jeopardy as food prices jump for US Fourth of July
WASHINGTON D.C.: Due to surging food prices, summer cookouts for the U.S. Independence Day holiday are more expensive, forcing Americans ...
US employers see small shift as job market cooling
WASHINGTON D.C.: In a cardboard box factory outside Baltimore, people have been walking into the office of Paul Centenari, chief ...
IKEA says store inventories return to pre-Covid levels
DELFT, Netherlands: IKEA officials said this week that the furniture retailer's warehouses in Europe are as full as they were ...
21 percent six-month loss strips S&P 500 of $8 trillion in value
NEW YORK CITY, New York: After the first six months of 2022, the S&P 500 recorded a loss of 20.6 ...
Washington reports US economy falls 1.6 percent in Q1 2022
WASHINGTON D.C.: Due to the record high trade deficit and a resurgence in COVID-19 infections that curbed spending on services, ...
Chip design center to be built by MediaTek, Indiana Purdue University
TAIPEI, Taiwan: The world's fourth largest chip designer by revenue, Taiwan's MediaTek, has told Reuters that it plans to create ...
Stock markets in U.S. revive after sharp sell-off, dollar forges ahead
NEW YORK, New York - U.S. stocks rebounded on Friday, a day after major across-the-board sell-offs."Consensus estimates for 2022 and ...
Swiss pharma Novartis to cut 7.4% of global workforce
GENEVA, Switzerland: Swiss pharmaceutical group Novartis has said, as part of its previously announced restructuring program, that it could cut ...
Shanghai Disney opens gates after city ends Covid lockdowns
SHANGHAI, China: Walt Disney Company reopened Shanghai Disneyland on 30th June, one month after the city lifted a two month ...
Widening trade deficit pushes India to disincentivize gold imports
New Delhi [India], July 6 (ANI): India is experiencing a widening trade deficit, this essentially means that it is buying ...
Ruble rally comes to screeching halt
The Russian currency is in a downward correction after hitting multi-year highsThe Russian currency continued to slump on Wednesday, falling ...
LIC share bounces, but far from its exchange listing price
New Delhi [India], July 6 (ANI): Insurance heavyweight Life Insurance Corporation of India (LIC) has not grabbed headlines in a ...
Sensex surges 515 points on hopes of healthy Q1 earnings
Mumbai (Maharashtra) [India], July 6 (ANI): The Indian stock markets' key indices, Sensex and Nifty, surged by over one per ...
India's PLI scheme has potential to add 4 pc to GDP annually: Report
New Delhi [India], July 6 (ANI): The Centre's production-linked incentive (PLI) scheme has the potential to add nearly 4 per ...
Chris Evans will star in Netflix's 'Pain Hustlers' with Emily Blunt
Washington [US], July 6 (ANI): Hollywood star Chris Evans is all set to join Emily Blunt in Netflix's 'Pain Hustlers'. ...
Euro slumps to 20-year low against US dollar
Frankfurt [Germany], July 6 (ANI/Xinhua): The Euro on Tuesday slumped against the U.S. dollar, hitting a 20-year low of 1.029 ...
Report: Big 12 interested in adding at least four Pac-12 programs
Big 12 conference officials have their eyes on adding at least four Pac-12 programs, days after the defection of Southern ...
Biden could lift tariffs on Chinese goods: Report
Washington [US], July 5 (ANI): US President Joe Biden can lift the tariff on some Chinese imports in an effort ...
European stocks tumble on recession fears
© Provided by Xinhua Amid the Ukraine crisis, global inflationary pressures have intensified sharply and the economic outlook for the ...
What is Monetary Policy Committee, and what is its function?
New Delhi [India], July 5 (ANI): The MPC, or the Monetary Policy Committee under the Reserve Bank of India is ...
Euro Slumps to Two-Decade Low as Recession Fears Bite
London - The euro slumped to a two-decade low on Tuesday as the latest surge in European gas prices added ...
Sri Lankan PM vows to reduce country's inflation rate to 6 per cent by 2025
Colombo [Sri Lanka], July 5 (ANI): Sri Lankan Prime Minister Ranil Wickremesinghe on Tuesday said that the island country aimed ...
Singapore-based crypto platform Vauld suspends operations over financial challenges
Singapore, July 5 (ANI): Amidst the latest stress in crypto markets, Singapore-based crypto platform Vauld has decided to suspend all ...
Sensex slumps 732 points from day's high, closes 100 points down
Mumbai (Maharashtra) [India], July 5 (ANI): The Indian stock markets' key indices witnessed volatile trading on Tuesday with the benchmark ...
Sri Lanka's PM Wickremesinghe challenges JVP leader Dissanayake to revive country's economy in 6 months
Colombo [Sri Lanka], July 5 (ANI): Sri Lanka's Prime Minister Ranil Wickremesinghe on Tuesday challenged Janatha Vimukthi Peramuna (JVP) leader ...
Imran Khan's former brother-in-law summoned by Pakistan's anti-corruption body
Islamabad [Pakistan], July 5 (ANI): Pakistan's anti-corruption body summoned the brother of former first lady Bushra Bibi for illegally occupying ...
German banks prepare for energy-related defaults Bloomberg
The country's lenders are reportedly hoarding cash to support businesses if Russia halts gas suppliesBanks in Germany are expected to ...
Indian stock indices extend gains; Sensex, Nifty rise 0.5 pc each
New Delhi [India], July 5 (ANI): Indian stock market indices extended their gains from the previous session and traded in ...
India's position on Crypto currency vindicated by global trends
By Lee Kah WhyeSingapore, July 5 (ANI): India's conservative position on not encouraging Crypto Currency is being rapidly vindicated by ...
RBI imposes monetary penalty on IndusInd Bank
Mumbai (Maharashtra) [India], July 4 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary ...
Subscribe and Follow
Get a daily dose of Switzerland Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
News RELEASES
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Switzerland Times.
More Information
25
℃
Minimal disruptions as summer strikes continue at Paris airport
PARIS, France: Signaling further disruptions for summer travelers, workers at Roissy-Charles de Gaulle Airport said they would go on strike ...
Angry Russia vows retaliation after Bulgaria expels diplomats
SOFIA, Bulgaria: Russian diplomats and their families departed Bulgaria over the weekend, amidst heightened tensions between the two eastern European ...
No end in sight as South Africa suffers thru power cuts
JOHANNESBURG, South Africa: More frequent power cuts in South Africa have affected households and businesses across the country, with state-owned ...
Rescuers find 3 alive, 27 missing after boat sinks off Hong Kong
HONG KONG: An engineering vessel with 30 people on board went missing 200 miles off Hong Kong after it snapped ...
As Covid cases rise in France, no return to mandatory restrictions
NICE, France -As some 1,000 Frenchmen are being hospitalized daily with Covid infections, French officials have "invited" or "recommended" the ...
In "geopolitical signal," UE, New Zealand sign free trade pact
BRUSSELS, Belgium: Negotiations on a free trade agreement between the European Union and New Zealand ended successfully this week, paving ...
The Driller Killer
Abbott Ireland announces expansion plans, new jobs
DONEGAL, Ireland - Announcing plans to expand its workforce in Donegal, the U.S. healthcare giant Abbott unveiled plans to create 500 new jobs in the country.Abbott Ireland currently hires c ...
Read More