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Switzerland extends sanctions exemptions against Syria – Enab Baladi

Switzerland extends sanctions exemptions against Syria – Enab Baladi

The Swiss Federal Council, a governmental body, has announced the extension of the temporary humanitarian exemption from sanctions against the Syrian regime for another six months, as a continuation of the previous exemption after the earthquake that hit the country in February 2023. On Wednesday, February 21, the Council stated through its official website that...

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New EU corporate sustainability due diligence requirements: implications for Swiss businesses

New EU corporate sustainability due diligence requirements: implications for Swiss businesses

The EU is about to adopt new corporate sustainability due diligence rules which will likely affect many Swiss companies doing business with the EU. In December 2023, the EU institutions reached a provisional agreement on the new Corporate Sustainability Due Diligence Directive (“CSDDD”). This Directive will introduce due diligence obligations for large EU and non-EU...

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Switzerland to examine potential breaches of Russian sanctions – Trending News

Switzerland to examine potential breaches of Russian sanctions – Trending News

Swiss prosecutors are investigating potential violations of the neutral country’s sanctions against Russia imposed in response to Moscow’s invasion of Ukraine, according to the Office of the Attorney General. The office is consulting with officials from the State Secretariat for Economic Affairs (SECO), which oversees sanctions, and the national anti-money laundering office before deciding how...

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ESG: From Voluntary to Mandatory Climate Transition Plans in Switzerland and the EU

ESG: From Voluntary to Mandatory Climate Transition Plans in Switzerland and the EU

Switzerland committed to achieving Net Zero emissions by the year 2050. This ambitious target aligns with global efforts to combat climate change and transition to a more sustainable future (“Paris Agreement”). Requirements for Swiss Companies to Disclose a Transition Plan: Art. 964a-c of the Swiss Code of Obligations (CO) relate to reporting obligations for environmental,...

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India eyes $100 billion investment deal with Switzerland, Norway

India eyes $100 billion investment deal with Switzerland, Norway

India is close to finalizing a first-of-its-kind trade deal that could see a small group of European nations invest as much as $100 billion over 15 years in exchange for easier trade access to the world’s most populous nation, according to people with knowledge of the matter. The European Free Trade Association, which comprises Switzerland,...

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Govt seeks investment commitment from Switzerland under EFTA  pact: Report

Govt seeks investment commitment from Switzerland under EFTA pact: Report

Illustration: Ajay Mohanty India has sought investment commitments from Switzerland under the proposed free trade agreement with the four-nation EFTA bloc, a top government official said on Tuesday. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. The official also said negotiations for the pact are at an...

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Pretty country named ‘smartest in Europe’ where one third go to university

Pretty country named ‘smartest in Europe’ where one third go to university

One beautiful country has been named as the “smartest in Europe” by education experts. Though its renowned for its gorgeous mountain landscapes, this study has proven that Switzerland is not just a pretty face. Online tutoring school TutorSpace put 44 European countries to the test, assessing their citizens’ intelligence across 17 different areas and giving...

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London trains could reach FIVE new destinations in Europe: How Swiss and Spanish rail operators are proposing Eurostar links from St Pancras to far-flung locations across the continent

London trains could reach FIVE new destinations in Europe: How Swiss and Spanish rail operators are proposing Eurostar links from St Pancras to far-flung locations across the continent

Train services from London to Europe could be set for a massive expansion as the decade goes on amid plans for new direct rail routes to Germany and Switzerland. Swiss national railways (SBB) is working on a new five-hour service between St Pancras and Basel through the Channel Tunnel using Eurostar trains; while Spanish firm...

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Greenwashing in the B2C business? – Check your marketing strategy!

Greenwashing in the B2C business? – Check your marketing strategy!

Greenwashing is not only a major issue in the financial world: No, even in the B2C business, more and more companies are advertising their products, services or the company itself as “sustainable” or “green”, etc. In order to combat so-called “greenwashing” – the deliberate misleading of consumers regarding the environmental impact of products or services...

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Germany to Extend Border Controls With Poland, Czech Republic, Switzerland

Germany to Extend Border Controls With Poland, Czech Republic, Switzerland

BERLIN (Reuters) – Germany plans to extend its border controls with Poland, the Czech Republic and Switzerland to stem a migration surge and combat people-smuggling until Dec. 15, a spokesperson for the interior ministry said on Monday. Berlin will notify the European Commission of the extension, the spokesperson told a regular news conference in Berlin....

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Aviation, the ‘guilty secret’, needs self-belief to ensure growth

Aviation, the ‘guilty secret’, needs self-belief to ensure growth

Aviation holds its future in its own hands Growing environmental concerns are prompting government policies that manage growth. The Dutch government’s reversal of a decision to limit Amsterdam capacity was a small win for airlines, but momentum is growing for increasing aviation taxes. Challenges to aviation’s growth also include physical infrastructure constraints, protectionism, and other...

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Where in Europe can you earn the most for the same job?

Where in Europe can you earn the most for the same job?

How do net salaries compare across Europe for some of the most sought-after positions? Euronews Business takes a closer look at what to expect if you relocate. ADVERTISEMENT Migrating for a better future often comes with a huge headache: finding out where the best offers are, such as who gives the best salaries, what the...

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