One of the world’s largest construction equipment manufacturers will be setting up shop in northeast Mississippi. The Mississippi Development Authority announced Tuesday that Switzerland-based company Liebherr plans to locate distribution and manufacturing operations in Lee County. The project represents an initial corporate investment of $176 million and will create at least 180 jobs by 2026,...
Category: Shopping
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Trans Influencer Brutally Beaten Up In Switzerland, Claims It Was A Hate Crime (EXCLUSIVE)
A 29-year-old trans man was physically assaulted in what is alleged to be a hate crime at a bar in Switzerland by what is presumed to be a group of multiple men. The harmed individual is currently preparing to press charges while gathering evidence and recovering from the numerous injuries he sustained. The ongoing case...
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Swatch sales drop in 1st half of year amid struggles in China
The Swatch Group, the Swiss maker of watches and luxury jewelry saw its first half profits plunge due to the luxury market crisis in China and warned Monday the key market was likely to remain difficult throughout the rest of the year. Profits tumbled 70.5% to 147 million Swiss francs ($164 million) on a 14%...
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At least three fatalities due to collapsing construction scaffolding in Switzerland
At least three fatalities due to collapsing construction scaffolding in Switzerland The accident on the outskirts of Lausanne occurred around 9.30 am during construction expansion of a shopping mall. Witnesses reported to Keystone-SDA news agency that a hoist had collapsed and the entire scaffolding on the north side of the building had been carried away....
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Hainan Free Trade Port deepens cooperation with Switzerland
HAIKOU, China, July 7, 2024 /PRNewswire/ — A report from Hainan International Media Center (HIMC): On July 4, the Hainan Free Trade Port Medical & Health Industry Exchange Meeting was held in Zurich, Switzerland. From July 4-6, a delegation from China’s southern Hainan Province held Hainan Free Trade Port (FTP) related promotion and exchange activities...
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Raids on luxury brands in Italy raise concerns over exploited work
A recent report by the Wall Street Journal on a series of raids in Italy concerning the production of luxury goods by some leading brands has raised concerns over exploited work and prompted a heightened social media debate and criticism among users. “An investigation by Milan prosecutors into working conditions at local factories found workshops...
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Switzerland Central Bank Willing to Expand CBDC Project
The Swiss National Bank is reportedly amenable to expanding its digital currency project. “We would like to see a pilot which develops, with more banks joining and a higher volume of transactions,” said governing board member Antione Martin, whose comments at the the Point Zero Forum in Zurich on Wednesday (July 3) were reported by...
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Historic Schubiger store closes after 141 years in business
The department stores’ was one of the oldest shops in Glarus. SRF The smallest department store in Switzerland is closing. After five generations and over 140 years of existence, the Schubiger family is giving up for economic reasons. This content was published on July 2, 2024 – 11:00 According to figures from the market research...
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Swiss Regulator Says HSBC Violated Money Laundering Regulations
Swiss financial market supervisory authority FINMA has ruled that HSBC Private Bank (Suisse) SA violated money laundering regulations. This ruling followed enforcement proceedings opened by FINMA in December 2021 and focused on the financial institution’s banking relationships with two unnamed politically exposed persons, FINMA said in a Tuesday (June 18) press release. “HSBC Private Bank...
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Transfer options for MD2 – Switzerland differentials viable amid tricky fixtures
DREAM TEAM EUROS managers should be aware that the deadline for Matchday 2 is 1pm on Wednesday (June 19th). Therefore all transfers for the second round of group games need to be locked before that cut-off time. In terms of what changes to make, Matchday 2 features an intriguing set of fixtures that could be...
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Art installations take over streets and empty shops in Basel, Switzerland
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SPAR Switzerland opens new store and renovates two others
SPAR Switzerland opens new SPAR Express store on Hauptstrasse 52 in Niederurnen. Credit: Marlon Trottmann via Shutterstock.com. SPAR Switzerland, part of the SPAR Group Southern Africa, has expanded its retail footprint with the opening of a new SPAR Express store and the renovation of two existing stores. The retailer’s new SPAR Express store is situated...