(Bloomberg) — Back in 2013, several dozen Swiss business representatives traveled to Beijing to attend the signing of a free-trade agreement between Switzerland and China, toasting the success with champagne. Implemented the following year, the FTA was hailed in a PricewaterhouseCoopers LLP report at the time as a landmark accord that “recasts the international trade...
Tag: North America
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Swiss giant Nestle hit by slowing sales, unlike rivals Unilever and Danone
Nestle sales growth sputtered in the first quarter as the maker of Nespresso coffee was hit by cooler demand in North America and supply constraints at its vitamins unit. Sales rose 1.4% in the period on an organic basis, the Swiss company said Thursday, about half the estimate of analysts. Its real internal growth rate...
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Moment avalanche sweeps down mountain killing teen & 2 adults at ski resort
THIS is the terrifying moment a monstrous avalanche swept down a Swiss mountain killing a US teen and two adults at a top Alpine ski resort. Chilling footage shows the deadly wave of ice and snow cascading down from the peaks of the Riffelberg in Switzerland, as horrified skiers watch on from afar. 6 Skiers...
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Boomers brace for ‘Group of Death’, Opals set for tough road as 2024 Olympics basketball draw revealed
The Boomers may have collected their first-ever medal at the Olympics in Tokyo but even getting to the second round this year looks a tough challenge for Brian Goorjian. Why? Well, the Olympic basketball draw took place in Switzerland on Wednesday morning [AEDT] and the results were not favourable for Australia’s men’s team. Sure, the...
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Rarely-enforced rule costs star $385k, exposes ruthless flip side to LIV Golf
LIV Golf showed what a serious business it can be on the weekend after dishing out a brutal penalty to new recruit Adrian Meronk that cost him about A$385,000. The Pole was penalised for slow play in Jeddah and handed a one-shot penalty. It dropped him from a share of fifth-place with Jon Rahm to...