GENEVA, SWITZERLAND - Member states of the World Health Organisation (WHO) Thursday agreed to develop the first draft of a legally binding agreement designed to protect the world from future pandemics. This zero draft of the pandemic accord, rooted in the WHO Constitution, will be discussed by member states in...

Credit Suisse itself has previously said it had $500 million committed from an unnamed investor, and its chairman said last week that it has other firm commitments, the daily reported on Sunday.

Payment for settling graft claims against firm in DR Congo.

GENEVA, SWITZERLAND - The World Health Organization (WHO) and the European Commission agreed on reinforcing a decade-long collaboration to accelerate the achievement of universal health coverage. The letter of intent foresees an additional contribution from the European Union (EU) of US$131 million for the continuation of WHO's assistance to its...

Global monthly wages fell in real terms to -0.9 per cent in the first half of the year, the study found.

GENEVA, SWITZERLAND - Natural catastrophes have caused an estimated US$115 billion of insured losses in 2022 to date, driven by Hurricane Ian and other extreme weather events, reinsurance giant Swiss Re estimated Thursday. Hurricane Ian, the single largest loss-causing event so far this year, caused an estimated insured loss of...

GENEVA, SWITZERLAND - All regions of the world saw water extremes last year - both floods and droughts - and billions of people had insufficient freshwater, the United Nations said on Tuesday. Large areas of the planet recorded drier than normal conditions in 2021, the UN's World Meteorological Organization said...

Firm said this will help bolster its presence in kingdom.

The latest data shows “continued and sustained growth” in intellectual property filings, “driven largely by increases from Asia.

After a first shipment of Russian fertilizer blocked in European ports heads for Malawi next week, a second batch should go to West Africa, the United Nations said. The news comes following talks between Moscow and the UN this week, aimed at ensuring that vital Russian fertilizer exports are not...

United Nations chiefs held talks with Russian officials on the Black Sea agreements on exporting grain and fertilizers, eight days before one of the deals is set to expire. UN humanitarian chief Martin Griffiths and Rebeca Grynspan, head of UN trade and development agency UNCTAD met Russian officials led by...

Loss is basically due to the sale of one of its online platforms.

The World Trade Organization urged countries to abolish trade barriers in environmental goods and services to help fight climate change. In its annual World Trade Report, the WTO says global commerce should not be pitted against the climate crisis and said trade could enable the spread of green innovations and...

Cross-border investment in climate change mitigation and adaptation is projected to decline in 2022 against the backdrop of a global investment downturn, according to a new report published by the UN Conference on Trade and Development.

The bank income in Q3 fell by 10 percent to $8.2billion.

Bank to pay fine on money laundering, tax fraud charges.

Bank raised US$325m from its stake sale of Spanish firm.

Oil giant Saudi Aramco's chief blasted "unrealistic" energy transition plans, calling for a "new global energy consensus", including ramped-up investments in fossil fuels to address painful shortages. Speaking at a conference in Switzerland, Amin Nasser lamented a "deep misunderstanding" of what caused the current energy crunch.

Switzerland signed a controversial contract on Monday to buy 36 US F-35 stealth fighter jets at a cost of more than six billion francs ($6.2 billion). "National Armaments Director Martin Sonderegger and the Swiss F-35A Program Manager Darko Savic signed the procurement contract on 19 September 2022 at armasuisse in...

President of the Swiss Confederation Ignazio Cassis, has received a written message from President Sheikh Mohamed bin Zayed Al Nahyan inviting him to visit the UAE.

The value of the trade-in commodities from normal metals and their products increased to AED24.51 billion, with a growth rate of 22 percent, compared to AED20.11 billion in 2021. The trade in pearls, gemstones, precious metals and their products has increased to 40 percent.

Way up in the snowy Alps, the border between Switzerland and Italy has shifted due to a melting glacier, putting the location of an Italian mountain lodge in dispute. The borderline runs along a drainage divide -- the point at which meltwater will run down either side of the mountain...

One big factor for more HNWIs making their way to the UAE is the ongoing war in Ukraine which has triggered the biggest emigration of millionaires from Russia over the last six months, with forecast net outflows of 15,000 by the end of 2022 -- a massive 15% of its...

Valued at $700,000, the Katana sword was discovered in a car with Swiss plates during a routine search near Zurich.

"A maritime gasoil smuggling network resulting from the looting of Libyan state oil refineries was allegedly carried out between 2014 and 2015 in the context of the Libyan conflict," Swiss state prosecutors said.

Saudi Vice Minister of Industry and Mineral Resources Eng. Khalid Saleh Al-Mudaifer estimated the total value of mineral wealth in Saudi Arabia at around $1.3 trillion.

No Swiss news media took part in the investigation against Credit Suisse due to the risk of criminal prosecution in the country. While Switzerland's secrecy laws have largely been dismantled for the banks, they have been tightened for the media, making it an offence to reveal leaked banking information.

Hackers seized data of more than 515,000 extremely vulnerable people.

With the latest international climate conference just days away, the proposed ban will halt support to new coal power stations that don't have systems that trap the carbon emissions responsible for global warming.

Overall, the Middle East, North Africa and Turkey (MENAT) was the highest-ranking region for the quality of life, with 71 percent of expats recommending it, according to a survey commissioned by HSBC Bank. More than 20,000 expats in 46 countries were questioned for the survey.

ADQ will acquire Swiss firm Acino from its current shareholders.

French anti-corruption judges are probing money-laundering charges against Lebanon's central bank chief Riad Salameh

The two will deal in Exchange products like cross listing & facilitate investors.

Number of investment funds registered with SCA fell to 46 in 2019

Findings could shed light onto the origins of the 70-year-old former Merrill Lynch banker's wealth