ARTWORK, SUPERYACHT The multibillion-dollar 1MDB financial scandal has led to criminal investigations around the world – including in the United States, Switzerland and Singapore – involving politicians, celebrities and prominent individuals. It is alleged that billions of dollars were pilfered from the fund by a number of people and used to buy items ranging from … Read more
“It’s hard to say who was more disgusting, the Slovenians or someone else,” Vučić said earlier this week. The remarks triggered a swift rebuke from Ljubljana. Foreign Minister Tanja Fajon called them “an insult to our entire nation,” summoned the Serbian chargé d’affaires and demanded an apology. “The message is not suitable for a country … Read more
The Deutsche Bank AG headquarters in the financial district of Frankfurt, Germany, on Thursday, Feb. 1, 2024. Bloomberg | Bloomberg | Getty Images Deutsche Bank on Thursday reported 1.275 billion euros ($1.365 billion) in net profit attributable to shareholders in the first quarter, marking a 10% annual increase. Analysts had forecast a result of 1.23 … Read more
Fabrice Coffrini | Afp | Getty Images UBS Group Chairman Colm Kelleher on Wednesday said the Swiss bank is “not too big to fail,” as he criticized Swiss government proposals to strengthen its capital requirements. Kelleher was delivering a speech during the UBS annual general meeting — the first such gathering held since the bank … Read more
Prosecutors also requested the detention of the two due to the perceived risk of flight in the gap between the trial and the verdict. Obaid is a Swiss-Saudi dual national, while Mahony is Swiss-British. Obaid’s lawyer Daniel Zappelli highlighted the absence of Najib and Low, and said there were variations in the amounts that the … Read more
Before his current decade in Switzerland, he launched Shang Palace at the Shangri-La Paris, Europe’s first outpost of this famed, 50-year-old restaurant brand. In 2012, Xu helped the French venue earn a star a year after opening, making it the only Michelin-starred Chinese restaurant in Paris. The interior of Le Tsé Fung, at La Réserve … Read more
Editor’s note: This is part of The Know’s series, Staff Favorites. Each week, we offer our opinions on the best that Colorado has to offer for dining, shopping, entertainment, outdoor activities and more. (We’ll also let you in on some hidden gems). My birthday is close to Memorial Day weekend every year, and I like to … Read more
Members of Swiss association Senior Women for Climate Protection react after the announcement of decisions after a hearing of the European Court of Human Rights (ECHR) to decide in three separate cases if states are doing enough in the face of global warming in rulings that could force them to do more, in Strasbourg, eastern … Read more
The Royal Suite’s lake view may have won the Burgenstock Hotel and Alpine Spa in Switzerland a listing in the top 100 hotel suites of the world, but the view from just about every other window, patio, balcony and pool, in this amazing spa resort, is almost as breathtaking. The property sits spectacularly 500 metres … Read more
An exceptionally rare haze of Saharan dust cloaked Switzerland and southeastern France on Saturday, sparking health warnings as a yellow hue tinged the sky. The phenomenon, which began in Switzerland on Friday, brings with it “a very clear worsening of sunlight and visibility. Added to that is an increase in concentrations of fine particles,” the … Read more
