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Switzerland: Update for Switzerland-based businesses on the practical implications of Swiss and EU regulations on supply chain due diligence

Switzerland: Update for Switzerland-based businesses on the practical implications of Swiss and EU regulations on supply chain due diligence

In brief On 1 January 2022, Switzerland introduced due diligence and reporting requirements to address risks in the supply chains of Switzerland-based businesses related to child labor and so-called conflict minerals. On 24 May 2024, the European Council adopted the EU Corporate Sustainability Due Diligence Directive (CS3D), which imposes EU-level due diligence requirements in the...

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Switzerland’s parliament defies ECHR and female climate activists

Switzerland’s parliament defies ECHR and female climate activists

Swiss women who won a historic ruling on climate change at the European Court of Human Rights say they feel shocked and betrayed by their parliament’s decision not to comply with it. The women, known as “climate seniors”, previously took their case to the court in Strasbourg, France, arguing the Swiss government’s inadequate response to...

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As Art Basel opens, buyers confront a ‘cooling’ but still very active market

As Art Basel opens, buyers confront a ‘cooling’ but still very active market

BASEL, Switzerland (AP) — Multimillion-dollar works by Jean-Michel Basquiat, Yayoi Kusama and Alberto Giacometti went on the market this week as the Art Basel fair opened in Switzerland. Thousands flooded the exhibition center for VIP previews before doors open to public Thursday. Arriving guests strolled through a large plaza filled with stems of wheat resembling...

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Switzerland, in Partnership With the African Development Bank Group, Aims to Expand Opportunities for the Swiss Private Sector in Africa

Switzerland, in Partnership With the African Development Bank Group, Aims to Expand Opportunities for the Swiss Private Sector in Africa

The Swiss private sector would like to play a more substantial role in the African Development Bank’s operations in Africa. This desire was expressed during meeting between Bank senior management and the Swiss economic mission, spearheaded by Ivo Germann, Director of Foreign Economic Affairs at the State Secretariat for Economic Affairs (SECO). The Swiss delegation...

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Business News: Rolex Seeks To Expand Production With A New Factory In Bulle, Switzerland

Business News: Rolex Seeks To Expand Production With A New Factory In Bulle, Switzerland

Rolex is one of the most integrated watch manufacturers in Switzerland, and its components are, for the most part, produced internally. The Rolex Group employs about 14,000 people worldwide, with about 9,000 of that workforce located in Switzerland. Its world headquarters are situated in Acacias in Geneva, where the watches are developed and assembled while...

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India the third biggest gold buyer in May, after Switzerland and China: WGC | Business Insider India

India the third biggest gold buyer in May, after Switzerland and China: WGC | Business Insider India

Representational image    Unsplash The global gold market experienced a significant shift in May, marking the end of a twelve-month losing streak for gold exchange-traded funds (ETFs). India purchasing USD 86.5 million worth of gold in May, further supporting the positive momentum in the market. According to the World Gold Council‘s latest commentary, the month saw a...

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Wipro appoints Bruno Schenk as MD of Switzerland

Wipro appoints Bruno Schenk as MD of Switzerland

Last Updated : Jun 04 2024 | 1:31 PM IST Wipro announced that it has appointed Bruno Schenk as the country head and managing director (MD) for Switzerland effective immediately. Schenk succeeds RenMulder, who has decided to pursue opportunities outside Wipro. Schenk has over 25 years of management experience across various industries and regions, with...

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Wipro’s Switzerland head quits; Bruno Schenk to take over

Wipro’s Switzerland head quits; Bruno Schenk to take over

In yet another senior appointment, Indian IT major Wipro on Monday appointed Bruno Schenk as the country head and managing director for Switzerland, effective immediately. He will report to Wipro’s Europe CEO Pierre Bruno, the company said in an exchange filing.Schenk succeeds René Mulder, who joined Wipro in February 2021 and has decided to pursue...

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Wipro appoints Bruno Schenk as country head, MD for Switzerland

Wipro appoints Bruno Schenk as country head, MD for Switzerland

1 min read Last Updated : Jun 03 2024 | 10:02 PM IST IT major Wipro on Monday said it has appointed Bruno Schenk as the Country Head and Managing Director for Switzerland, with immediate effect. He will report to Wipro’s Europe CEO Pierre Bruno. Schenk is taking over from Ren Mulder,...

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