Post Tagged with: "Switzerland"

Swiss to Vote on Guaranteed $2800 Monthly Income for All Adults

October 5, 2013 9:56 AM0 comments
Swiss to Vote on Guaranteed $2800 Monthly Income for All Adults

BERNE — Switzerland will hold a vote on whether to introduce a basic income for all adults, in a further sign of growing public activism over pay inequality since the financial crisis. A grassroots committee is calling for all adults in Switzerland to receive an unconditional income of 2,500 Swiss […]

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eMediaWorld.com Reports Glencore Xstrata $7.66 billion charge hits profit

August 20, 2013 3:55 AM0 comments
eMediaWorld.com Reports Glencore Xstrata $7.66 billion charge hits profit

GENEVA — Newly-merged commodities and mining group Glencore Xstrata Plc reported a near $9 billion first-half loss as it wrote down the value of its mining assets by a hefty $7.66 billion. The write-down, the Swiss-based company said Tuesday alongside half-year results, reflected “the broader negative mining industry environment” and […]

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eMediaWorld.com Swiss apologize for encounter Oprah calls racist

August 9, 2013 6:48 PM0 comments
eMediaWorld.com Swiss apologize for encounter Oprah calls racist

GENEVA — Switzerland is a glamorous playground of the rich and famous, filled with glitterati from princes to movie stars. It’s also a land with a sometimes uneasy relationship with foreigners — especially when they aren’t white. Billionaire media mogul Oprah Winfrey says she ran into Swiss racism when a […]

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eMediaWorld.com: BREAKING NEWS Nestle cautions on challenge of slowing sales

August 8, 2013 4:26 AM0 comments
eMediaWorld.com: BREAKING NEWS Nestle cautions on challenge of slowing sales

GENEVA — Swiss food and drinks giant Nestle SA posted a 3.7 percent rise in first-half profits Thursday, but warned it would not be easy sticking to its sales targets as it tackles slowing markets around the world and “value-conscious” consumers. Investors sent shares down 2.4 percent to 63.15 Swiss […]

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