Switzerland

Top PE firms Apollo, Partners Group, TPG, with solid core business, target alternative assets in Asia to ‘generate alpha’

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Top PE firms Apollo, Partners Group, TPG, with solid core business, target alternative assets in Asia to ‘generate alpha’

Private equity giants operating in Asia are confident in their core business, but they are eyeing alternative assets such as private credit and infrastructure to generate better returns. As total deal value and fundraising in the Asia-Pacific private equity market slumped to the lowest in a decade in 2023, Apollo Global Management, Partners Group and … Read more

India inks ‘watershed’ $100 billion free trade deal with four non-EU nations

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India inks ‘watershed’ $100 billion free trade deal with four non-EU nations

India flag, stock market, exchange economy and Trade, oil production, container ship in export and import business and logistics. Texbr | Istock | Getty Images India will lift most tariffs on four nations in Europe in a “watershed” deal that is expected to yield $100 billion worth of investment over 15 years and one billion … Read more

Swiss vote on pensions and retirement age

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Swiss vote on pensions and retirement age

With an ageing population and ever-rising living costs, Switzerland has held a referendum that could reshape pensioners’ lives. ADVERTISEMENT Swiss citizens voted to increase pension payments in a referendum on Sunday, according to preliminary projections by the country’s public broadcaster SRF. That’s despite warnings from government and business the rise is unaffordable.  The referendum also … Read more

Jewish man stabbed in Zurich in suspected hate crime

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Jewish man stabbed in Zurich in suspected hate crime

An Orthodox Jewish man was stabbed in a suspected hate crime in the Selnau area of Zurich, Switzerland shortly after Shabbat ended on Saturday evening, according to the local Jewish community. Zurich city police said that a 15-year-old assailant stabbed a 50-year-old Orthodox Jew, critically wounding him. The assailant was arrested and police have opened … Read more

Archaeologists unearth rare 14th-century armor near Swiss castle: “Sensational find”

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Archaeologists unearth rare 14th-century armor near Swiss castle: “Sensational find”

Archaeologists in Switzerland recently made an unusual discovery while excavating the land around a medieval castle near the German border. The crews unearthed a well-preserved gauntlet that experts believe was forged during the 14th century, which would be unprecedented, officials said in an announcement that described the armor as a “sensational find.” “At first, Lorena Burkhardt … Read more

India goes big too woo investors at World Economic Forum

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India goes big too woo investors at World Economic Forum

India’s position on the global value chain is shifting due to government incentives and a digitally savvy economy Getty Premiums DAVOS, Switzerland — Along the Davos Promenade, attendees of the World Economic Forum stumble across the WeLead Lounge, a repurposed storefront showcasing India’s female leadership and talent. There’s also the India Engagement Center, a space … Read more

Chinese Premier Makes Surprise Economic Growth Disclosure

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Chinese Premier Makes Surprise Economic Growth Disclosure

Updated Jan. 16, 2024 12:39 pm ET Chinese Premier Li Qiang gave global business elites a big hint on highly anticipated growth figures, as he sought to reassure them that investing in China is an opportunity—not a risk. Li delivered the message in an address at the World Economic Forum in Davos, Switzerland, as Chinese … Read more

Macron’s government abstains from dry January – POLITICO

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Macron’s government abstains from dry January – POLITICO

Press play to listen to this article Voiced by artificial intelligence. To the despair of France’s medical establishment, dry wine has won out over dry January. It’s that time of year when — bleary eyed and a few kilos heavier from too many festive toasts — many of us swear off alcohol, at least for … Read more

More snow in the Alps as skiers enjoy the best Christmas conditions in years

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More snow in the Alps as skiers enjoy the best Christmas conditions in years

The peak Christmas and New Year ski holiday weeks lie ahead – and the good news is that conditions on the slopes are some of the best that resorts in the Alps have seen in many years.  It’s been a largely sunny week, though snowfall is now returning. The best snow depths are up at … Read more

Munich airport grounds flights amid snowstorm, travel chaos in central Europe | Travel

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Munich airport grounds flights amid snowstorm, travel chaos in central Europe | Travel

All flights were grounded at Munich’s airport Saturday after a winter storm dumped snow across southern Germany and parts of Austria, Switzerland and the Czech Republic, affecting travel across the region. People take pictures of Bayern Munich’s Allianz Arena which is covered in snow after heavy snowfall hit Bavaria and its capital Munich, Germany, December … Read more