Eurostar to launch direct services from London to Frankfurt and Geneva June 10, 2025 Eurostar has announced plans to launch direct services from London to Germany and Switzerland for the first time. The cross-channel operator is looking to purchase 50 new trains at a cost of £1.7bn to service the routes, which are expected to run from the “early 2030s”. Journey times are expected to last around five hours [...]
Luxury brands Watches of Switzerland and Burberry suffer on Trump tariffs April 3, 2025 The share prices of high-end retailers Watches of Switzerland and Burberry both slid today in the wake of Trump’s tariff announcement. Watches of Switzerland saw its share price drop more than 15 per cent, while Burberry’s share price fell by nearly seven per cent. “There are heavy losses for the luxury sector,” Kathleen Brooks, research [...]
Trump tells businesses to make products in the US or pay the price January 23, 2025 Donald Trump has told businesses they should make their products in the US, or face paying tariffs, while speaking at Davos. President Trump addressed the World Economic Forum at the Swiss ski resort this afternoon, and used his speech to emphasise his message to business. It comes after he threatened to double tax rates for [...]
Davos: Reeves to meet Trump allies in search for UK growth January 20, 2025 Rachel Reeves is expected to meet Donald Trump’s allies at Davos in a bid to talk up the UK’s growth prospects. The Chancellor is set to attend the World Economic Forum in Switzerland in the days following the US President’s inauguration and in the wake of turmoil in the UK bond markets. It follows a [...]
Former Swiss finance minister warns about size of enlarged UBS January 11, 2025 UBS could be seen as being too big for Switzerland following its takeover of Credit Suisse, former Swiss Finance Minister Ueli Maurer said.
Clyde and Co preps arbitration claims against Switzerland for Credit Suisse bondholders March 25, 2024 Now, one year on, Clyde and Co is set to get in on the action. It has laid out plans to hold the Swiss state "accountable for breaching its international investment agreements" after it wrote the bonds down to zero.