Switzerland News
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Updated 16 minutes ago
A forecast sugar surplus may drop as much as 50 percent if millers in Brazil, the world’s largest producer, direct more cane to making ethanol in the season starting in April, according to Banco Itau BBA SA.
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Updated 28 minutes ago
Stocks in Switzerland were little changed, with the benchmark Swiss Market Index heading for its second weekly decline, as the European Central Bank said overnight deposits soared to a record after its second allocation of three-year loans.
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Updated 14 minutes ago
Investors in the biggest state- controlled companies are being punished with the lowest valuations in six years by emerging-market leaders putting public services ahead of shareholder profits as economies slow.
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Bank Sarasin & Cie. AG wants Safra Group to inject capital into the Swiss wealth manager after agreeing in November to pay more than 1 billion Swiss francs ($1.1 billion) for a controlling stake.
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Costa Rican President Laura Chinchilla said her administration may not succeed in winning legislative approval of a tax system overhaul aimed at paring a deficit that has grown to more than 5 percent of gross domestic product.
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Updated 11 minutes ago
BP Plc, Transocean Ltd. and Halliburton Co., with billions of dollars on the line, are set to find out from a federal judge who among them is to blame for the April 20, 2010, explosion and sinking of the Deepwater Horizon oil rig in the Gulf of Mexico.
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Drug legalization in Central America merits a “serious” debate as a solution to the crime and violence coursing through the region even if it runs up against U.S. opposition, said Costa Rican President Laura Chinchilla.
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Perrigo Co. jumped in New York, pushing the premium over the generic drugmaker’s Israel-traded shares to the widest in six months, on speculation the U.S. will make more pharmaceuticals available without a prescription.
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Updated 1 hour, 47 minutes ago
The deadliest words in economics are “This time things are different.” They are even more perilous when applied to a nuclear power run by a paranoid, repressive regime. In other words, North Korea.
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Dow Chemical Co. Chief Executive Officer Andrew Liveris said opposition to his company’s sponsorship of the 2012 London Olympics is “beyond belief” because Dow wasn’t involved with the 1984 toxic gas leak in Bhopal that killed thousands of people.
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