A man walks past a Fairfax Holdings sign directing shareholders to the meeting, at the annual general meeting for shareholders in Toronto, April 9, 2014. REUTERS/Mark Blinch Toronto-based insurance group Fairfax Financial Holdings Ltd has agreed to buy Swiss i... More »
Israeli police detained a prominent Israeli businessman on Monday on suspicion of bribing public officials in Guinea, a country with vast mineral deposits and mining operations, to promote his business interests there. More »
Investors are paying a price for not finding buyers for popular exchange-traded notes (ETN), used to bet on oil prices, that delisted from U.S. exchanges this week. More »
Four capules of Tamiflu are pictured on a Tamiflu box in Burbank, California, January 31, 2013. REUTERS/Fred Prouser The first generic copy of Roche’s top-selling flu pill Tamiflu hit the U.S. market on Monday, marking a further step in the Swiss drugmaker’s e... More »
The logo of Swiss drugmaker Novartis is seen at its headquarters in Basel, Switzerland October 22, 2013. REUTERS/Arnd Wiegmann/File Photo Swiss drugmaker Novartis’s bid to bolster its eye drug portfolio suffered a setback on Monday when it announced combining ... More »
A logo is pictured on the laboratory building on the Lonza site in Visp, western Switzerland September 10, 2013. REUTERS/Denis Balibouse Swiss pharmaceutical manufacturer Lonza Group AG on Monday confirmed it is in advanced talks with private equity firm KKR &... More »
The German share prize index (DAX) board is seen at the trading room of Frankfurt’s stock exchange (Boerse Frankfurt) during trading session in Frankfurt Germany, October 14, 2016. REUTERS/Kai Pfaffenbach European shares were expected to open lower on Monday a... More »
Greek Prime Minister Alexis Tsipras (L) and French President Francois Hollande attend a European Union leaders summit in Brussels, Belgium October 21, 2016. REUTERS/Stephane De Sakutin/Pool – RTX2PU1R Greek Prime Minister Alexis Tsipras and French President Fr... More »
Rhode Island-based Citizens Bank said Thursday it is partnering with SigFig, a leading robo-adviser, to help manage the portfolios of the bank’s 1.2 million middle-income retirement savers. More »
U.S. President-elect Donald Trump speaks at a USA Thank You Tour event at U.S. Bank Arena in Cincinnati, Ohio, U.S., December 1, 2016. REUTERS/Mike Segar Chinese state media on Monday continued to play down the protocol-bending phone call last week between U.S... More »
U.S. President-elect Donald Trump looks towards the media as he arrives at a costume party at the home of hedge fund billionaire and campaign donor Robert Mercer in Head of the Harbor, New York, U.S., December 3, 2016. REUTERS/Mark Kauzlarich U.S. President-el... More »
A promising but risky new group of customized cancer drugs will be in focus this weekend at the annual meeting of the American Society of Hematology (ASH), where clinical trial results will help clarify their potential for doctors and investors. More »
A Novartis logo is pictured on its headquarters building in Mumbai April 1, 2013. REUTERS/Vivek Prakash/File Photo An experimental cancer therapy being developed by Novartis AG eliminated an aggressive form of blood cancer in 82 percent of children and young a... More »
A general view shows Swiss biotech group Actelion Headquarters in Allschwil near Basel February 17, 2015. REUTERS/Arnd Wiegmann Actelion (ATLN.S) has confirmed it has been approached by Johnson & Johnson (JNJ.N) about a possible transaction to take over the Sw... More »
Banks involved in the blockchain consortium R3 CEV have expressed interest in investing $59 million in the company’s first funding round, less than half its overall target, a person close to the deal said on Friday. More »
A general view shows Swiss biotech group Actelion Headquarters in Allschwil near Basel February 17, 2015. REUTERS/Arnd Wiegmann U.S. healthcare company Johnson & Johnson (JNJ.N) said on Friday it was in preliminary talks with Actelion (ATLN.S) about a potentia... More »
A sign for the Financial Industry Regulatory Authority (FINRA) is seen outside the offices in New York’s financial district July 22, 2015. REUTERS/Brendan McDermid Wall Street’s industry-funded watchdog took steps to crack down more quickly on manipulative tra... More »
Herve Brailly, CEO of Innate Pharma, attends the Reuters Biotech summit in Paris June 3, 2009. REUTERS/John Schults France’s Innate Pharma believes that its cash position and portfolio are sufficiently robust for the cancer drug company to remain independent f... More »
Some 190,000 ducks were destroyed on Saturday at six farms in the Netherlands following an avian flu outbreak, the country’s first cull of an epidemic sweeping northern Europe. More »
Ariana Grande accepts the award for artist of the year at the 2016 American Music Awards in Los Angeles, California, U.S., November 20, 2016. REUTERS/Mario Anzuoni Canadian rapper Drake won his first ever American Music Awards on Sunday, Ariana Grande was name... More »
Germany has purchased the California home that once belonged to Nobel Prize-wining author Thomas Mann for $13.25 million and plans to preserve the historic property, the real estate company that listed the house said on Thursday. More »
The Google logo adorns the entrance of Google Germany headquarters in Hamburg, Germany July 11, 2016. Picture taken July 11, 2016. REUTERS/Morris Mac Matzen Novartis has abandoned a 2016 goal to start testing its autofocus contact lens on people, though it sai... More »
Five more cases of bovine tuberculosis have been confirmed in cattle from the same Alberta herd as a cow slaughtered in the United States in September that was found to have the disease, Canada’s food system regulator said on Friday. More »
A woman stands near a poster explaining about the Zika virus at the Ministry of Health office in Jakarta, Indonesia September 2, 2016. REUTERS/Iqro Rinaldi/File Photo The World Health Organization on Friday declared that Zika no longer constitutes an internati... More »
Signage for GlaxoSmithKline is seen on it’s offices in London, Britain, March 30, 2016. REUTERS/Toby Melville/File Photo GlaxoSmithKline said on Monday it had filed its new three-in-one inhaled lung drug for U.S. approval, putting it on track to reach the mark... More »
Logo of Swiss PostFinance bank is seen at a branch in Zurich, Switzerland August 22, 2016 REUTERS/Arnd Wiegmann Swiss bank PostFinance [PFAG.UL] will start charging private customers for holding deposits of more than 1 million Swiss francs ($1 million), it sai... More »
150g and 170g bars of Toblerone chocolate are illustrated in Loughborough, Britain, November 8, 2016. REUTERS/Darren Staples British fans of Toblerone chocolate bars have bared their sweet teeth over a cost-cutting move to space out the distinctive jagged peak... More »
Formula One – F1 – Brazilian Grand Prix – Circuit of Interlagos, Sao Paulo, Brazil – 13/11/2016 – First placed Mercedes driver Lewis Hamilton of Britain, second placed and teammate Nico Rosberg of Germany and third placed Red Bull driver Max Verstappen of the ... More »
Britain Formula One – F1 – British Grand Prix 2016 – Silverstone, England – 8/7/16Sauber’s Felipe Nasr during practiceAction Images via Reuters / Andrew BoyersLivepic. Brazilian Felipe Nasr had hoped his home race would provide a breakthrough for struggling Sa... More »
The logo of Swiss pharmaceutical company Novartis is seen on its headquarters building in Basel, Switzerland October 27, 2015. REUTERS/Arnd Wiegmann Drugmaker Novartis (NOVN.S) is considering to sell its struggling Alcon eye care division, its chairman said in... More »
Signage for GlaxoSmithKline is seen on it’s offices in London, Britain, March 30, 2016. REUTERS/Toby Melville/File Photo The world’s top drugmakers have improved access to medicines in developing countries but still need to do more to make a wider range of pro... More »
A Novartis logo is pictured on its headquarters building in Mumbai April 1, 2013. REUTERS/Vivek Prakash/File Photo Novartis’s investigational drug PKC 412 won U.S. Food and Drug Administration priority review, the Swiss drugmaker said on Monday, keeping up mom... More »
German Agriculture Minister Christian Schmidt answers reporters questions during a Reuters interview in Berlin, Germany July 4, 2016. REUTERS/Joachim Herrmann Germany is considering ordering its poultry farmers to keep their flocks indoors following an outbrea... More »
A fisherman repairs nets in Maputo, Mozambique, September 26, 2016. REUTERS/Grant Lee Neuenburg/File Photo Mozambique’s finance minister has a plan to deal with a debt crisis that threatens to derail one of Africa’s most promising frontier economies but invest... More »
The logo of Swiss bank UBS is seen at the company’s headquarters in Zurich, Switzerland February 10, 2015. REUTERS/Arnd Wiegmann/File Photo The Swiss federal tax administration (FTA) has decided not to appeal against a court decision to let UBS inspect files a... More »
Audi Sport technical director Joerg Zander is rejoining the Sauber Formula One team after the German manufacturer’s decision to quit the world endurance championship and Le Mans 24 Hours sportscar race. More »
Tennis – Paris Masters tennis tournament men’s singles final – Andy Murray of Britain v John Isner of the U.S. – Paris, France – 6/11/2016 – Murray reacts. REUTERS/Gonzalo Fuentes Andy Murray’s route to securing the year-end world number ranking looks fraught ... More »
Roche tablets are seen in this photo illustration shot January 18, 2016. REUTERS/Dado Ruvic/File Photo The spotlight on finding a cancer cure has spurred improvements in systems to collect and analyze oncology data, but efforts to track patients with other dis... More »
Switzerland’s attorney general has halted an investigation into suspected political espionage at a Geneva hotel, which was opened a month after talks on Iran’s nuclear plans took place. More »
The logo of Swiss bank UBS is seen on a building in Zurich, February 13, 2013. REUTERS/Michael Buholzer/File Photo UBS will cut several dozen jobs at part of its private bank, three sources familiar with the matter told Reuters, part of a previously announced ... More »
The logo of Swiss bank Credit Suisse is seen at its headquarters at the Paradeplatz in Zurich, Switzerland November 3, 2016. REUTERS/Arnd Wiegmann Credit Suisse reported an unexpected net profit for a second quarter in a row on Thursday though the surprise was... More »
Firefighters attempt to extinguish flames from a fire in a building in Lausanne, Switzerland September 26, 2009. REUTERS/Valentin Flauraud/File Photo Switzerland is easing an alcohol ban for volunteer firefighters and other emergency workers using heavy vehicl... More »
Roche tablets are seen in this photo illustration shot in Zenica, Bosnia and Herzegovina, January 18, 2016. REUTERS/Dado Ruvic/File Photo Four patients have suffered serious adverse events in a clinical trial of an experimental hemophilia medicine from Roche, ... More »
A man lights a cigarette along a road in Mumbai, India, October 26, 2016. REUTERS/Danish Siddiqui/File Photo The leadership of a World Health Organization (WHO) treaty aimed at controlling tobacco could be about to get tougher with the global tobacco industry. More »
People sit outside the New York Stock Exchange (NYSE) during the morning commute in New York City, U.S., September 15, 2016. REUTERS/Brendan McDermid – RTSNWHN Just as memories of the financial crisis are fading and tough new banking regulations are beginning ... More »
The logo of Swiss bank Credit Suisse is seen below the Swiss national flag at a building in the Federal Square in Bern May 15, 2014. REUTERS/Ruben Sprich/File Photo Credit Suisse has agreed to pay 109.5 million euros ($119 million) in taxes and penalties to se... More »
Formula One F1 – U.S. Grand Prix – Circuit of the Americas, Austin, Texas, U.S., 23/10/16. Mercedes’ Lewis Hamilton of Britain raises his victory trophy as second placed finisher and teammate Nico Rosberg of Germany (L) and third placed Red Bull’s Daniel Ricci... More »
Britain Golf – British Masters – The Grove, Hertfordshire – 16/10/16Sweden’s Alex Noren celebrates winning the British Masters with his wife Jennifer Kovacs and childAction Images via Reuters / Paul ChildsLivepicEDITORIAL USE ONLY. Alexander Noren underlined h... More »
A screen displays the share price for pharmaceutical maker AbbVie on the floor of the New York Stock Exchange July 18, 2014. REUTERS/Brendan McDermid AbbVie Inc won the conditional backing of an advisory committee of the European Medicines Agency (EMA) on Frid... More »
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem gestures during a European Union finance ministers meeting in Brussels, Belgium, July 12, 2016. REUTERS/Francois Lenoir A reform of global banking rules should focus on lenders’ internal models... More »
The logo of Swiss bank UBS is seen on a building in Zurich, Switzerland December 19, 2012. REUTERS/Michael Buholzer/File Photo UBS said on Monday it was launching a new digital platform to provide online advice for wealth management clients in Britain. More »
Switzerland’s financial watchdog FINMA has sanctioned Falcon Private Bank Ltd after it “seriously breached” money-laundering regulations over its handling of funds linked to scandal-hit Malaysian state investment fund 1MDB, FINMA said on Tuesday. More »
Abu Dhabi investor Aabar is at this time not divesting Zurch-based Falcon Private Bank, the chief executive of the Swiss wealth manager said on Tuesday. More »
An empty reception area at Falcon Private Bank office in Singapore October 11, 2016. REUTERS/Edgar Su Abu Dhabi investment firm Aabar Investments [INPTVA.UL] said on Tuesday it was fully behind its Falcon Private Bank unit after it was sanctioned in relation t... More »
An empty reception area at Falcon Private Bank office in Singapore October 11, 2016. REUTERS/Edgar Su Singapore’s central bank on Tuesday shut down a second Swiss bank in the city-state and fined banks DBS and UBS in its biggest crackdown on alleged money-laun... More »
The U.S. Food and Drug Administration has granted priority review for Roche drug Lucentis for treating myopic choroidal neovascularization (mCNV), the Swiss drugmaker said on Tuesday. More »
A trader passes by a screen displaying the tickers symbol for Bristol-Myers Squibb on the floor at the New York Stock Exchange, April 25, 2013. REUTERS/Brendan McDermid New data is likely to prompt doctors to abandon Bristol-Myers Squibb’s immunotherapy Opdivo... More »
Ratings agency Moody’s said it would be positive for Deutsche Bank’s (DBKGn.DE) bondholders if the lender could settle U.S. allegations that it mis-sold mortgage-backed securities for around 2.75 billion euros, or $3.1 billion. More »
The Deutsche Bank headquarters are seen in Frankfurt, Germany October 28, 2015. REUTERS/Kai Pfaffenbach/File Photo Deutsche Bank (DBKGn.DE) is throwing its energies into reaching a settlement before next month’s presidential election with U.S. authorities dema... More »
A red traffic light is pictured in front of the Deutsche Bank headquarters in Frankfurt, Germany, September 30, 2016. REUTERS/Kai Pfaffenbach While possibly Europe’s biggest “pain trade”, fund managers are under pressure to buy banking stocks despite the deep ... More »
The Metropolitan Museum of Art in Manhattan was sued on Friday for the return of a Pablo Picasso masterpiece allegedly sold under duress in 1938 because of Nazi and Fascist persecution in Europe. More »
The logo of Swiss drugmaker Novartis is seen at its headquarters in Basel, Switzerland October 22, 2013. REUTERS/Arnd Wiegmann/File Photo Novartis’s psoriasis drug Cosentyx showed long-term efficacy in keeping patients’ skin clear, the Swiss drugmaker said on ... More »
German biotech Morphosys moved a step closer to getting its first antibody drug onto the market as its licensee, Johnson & Johnson unit Jenssen, reported positive results from a phase 3 study of psoriasis drug guselkumab. More »
Big pharmaceutical companies are waging courtroom patent battles against each other over biosimilars, as the line blurs between companies known for their inn More »
An Amgen sign is seen at the company’s office in South San Francisco, California in this October 21, 2013 file photo. REUTERS/Robert Galbraith/Files The line dividing makers of brand-name drugs and copycat medicines is blurring as companies known for innovativ... More »
A Syngenta logo is pictured in their office in Singapore, February 12, 2016. REUTERS/Edgar Su/File Photo China National Chemical Corp (ChemChina) [CNNCC.UL] has sought antitrust approval for its $43 billion bid for Swiss pesticides and seeds group Syngenta (SY... More »
The logo of Dow Jones Industrial Average stock market index listed company JPMorgan Chase (JPM) is seen in Los Angeles, California, United States, in this October 12, 2010 file photo. REUTERS/Lucy Nicholson/File Photo JPMorgan retained its place at the top of ... More »
A federal appeals court on Friday rejected an investor’s attempt to revive lawsuits accusing major U.S. exchanges of selling early access to market data to high-frequency traders, the subject of Michael Lewis’ 2014 best-seller “Flash Boys.” More »
Atsugi Higashiyama of Japan accepts the 2016 Ig Nobel Prize in Perception for ‘investigating whether things look different when you bend over and view them between your legs’ during the 26th First Annual Ig Nobel Prize ceremony at Harvard University in Cambrid... More »
A group of 40 investors managing $1.25 trillion in assets have launched a campaign to encourage 16 global food companies to change the way they source protein for their products to help to reduce environmental and health risks. More »
A Hanjin Shipping Co ship is seen stranded outside the Port of Long Beach, California, September 8, 2016. REUTERS/Lucy Nicholson/File Photo All Hanjin Shipping Co Ltd (117930.KS) chartered vessels that have completed unloading their cargo have been told to can... More »
An $8 billion hedge fund run by billionaire Michael Platt has yet to give investors all their money back nine months after the fund was shuttered, a spokesman for the fund and three of its investors told Reuters. More »
A 17-year-old has committed doctor-assisted suicide in Belgium, the first minor to do so under rules adopted in 2014 allowing euthanasia for people of all ages, the head of the national committee for euthanasia said on Saturday. More »
A Novartis logo is pictured on its headquarters building in Mumbai April 1, 2013. REUTERS/Vivek Prakash/File Photo Novartis’s investigational multiple sclerosis drug cut the risk of disability progression in patients with a tough-to-treat form of the disease v... More »
A Novartis logo is pictured on its headquarters building in Mumbai April 1, 2013. REUTERS/Vivek Prakash/File Photo Novartis on Monday intensified its bid to convince doctors to prescribe its heart failure drug Entresto, releasing an analysis that concluded the... More »
Sept 11, 2016- New York, NY, USA- Stan Wawrinka of Switzerland celebrates with the championship trophy after beating Novak Djokovic of Serbia in the men’s singles final on day fourteen of the 2016 U.S. Open tennis tournament at USTA Billie Jean King National T... More »
Sep 11, 2016- New York, NY, USA- Stanislas Wawrinka (SUI) reacts during his match against Novak Djokovic (SRB) on day fourteen of the 2016 U.S. Open tennis tournament at USTA Billie Jean King National Tennis Center. Mandatory Credit: Susan Mullane-USA TODAY Sp... More »
United States one dollar bills are seen on a light table at the Bureau of Engraving and Printing in Washington November 14, 2014. REUTERS/Gary Cameron/File Photo The safe-haven yen was the winner on Monday as investors sold stocks and riskier assets including ... More »
Swiss biotechnology firm ADIENNE said on Monday it plans to seek a listing on Switzerland’s bourse in an initial public offering. More »
Sep 11, 2016- New York, NY, USA- Stan Wawrinka (SUI) poses with the trophy after his match against Novak Djokovic (SRB) on day fourteen of the 2016 U.S. Open tennis tournament at USTA Billie Jean King National Tennis Center. Mandatory Credit: Susan Mullane-USA... More »
Sep 11, 2016- New York, NY, USA- Novak Djokovic of Serbia returns a shot to Stan Wawrinka of Switzerland in the championship match on day fourteen of the 2016 U.S. Open tennis tournament at USTA Billie Jean King National Tennis Center. Mandatory Credit: Anthon... More »
A logo is pictured on UEFA headquarters in Nyon, Switzerland, April 15, 2016. REUTERS/Denis Balibouse UEFA elects a new president on Wednesday whose main task will be to stop what European officials say is an inexorable slide toward a breakaway soccer Super Le... More »
The National Gallery of Art in London was sued on Wednesday in New York for the return of the 1908 Henri Matisse painting “Portrait of Greta Moll” by three grandchildren of its subject, who claim it was stolen. More »
The company’s logo is seen on protection grids of a traction transformer at a plant of Swiss engeneering group ABB in the town of Turgi west of Zurich June 9, 2010. REUTERS/Arnd Wiegmann/File Photo ABB has appointed Guido Jouret as its first chief digital offi... More »
Sept 3, 2016- New York, NY, USA- Serena Williams of the USA after beating Johanna Larsson of Sweden on day six of the 2016 U.S. Open tennis tournament at USTA Billie Jean King National Tennis Center. Mandatory Credit: Robert Deutsch-USA TODAY Sports Serena and... More »
Malaysia is bracing for more Zika cases, officials said on Sunday, after detecting the first locally infected patient, which could further stretch a health system struggling with dengue, another mosquito-borne virus that can be fatal. More »
Switzerland’s Falcon Private Bank has appointed ex-Credit Suisse executive Walter Berchtold as chief executive to replace Eduardo Leemann, the wealth manager said on Thursday, confirming what sources earlier told Reuters. More »
Switzerland’s banks shed just over 1,000 jobs last year with the pace of staff cuts accelerating in the first half of 2016, although the outlook for the rest of the year was “stable”, the country’s banking lobby said on Thursday. More »
Peruvian President Pedro Pablo Kuczynski poses for a photo after exercising at the Government Palace in Lima, Peru, August 4, 2016. REUTERS/Guadalupe Pardo After upsetting lawmakers and a senior church leader with comments that have triggered chuckles and rais... More »
Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo The dollar rose to a three-week high against the yen on Monday after senior Federal Reserve officials ... More »
Swiss drugmaker Roche’s logo is seen at their headquarters in Basel, Switzerland January 28, 2016. REUTERS/Arnd Wiegmann Swiss drugmaker Roche (ROG.S) said on Monday the U.S. Food and Drug Administration (FDA) had issued an Emergency Use Authorization (EUA) fo... More »
A bumble bee collects pollen from a flower in a garden near York, northern England, June 28, 2008. REUTERS/Nigel Roddis Wild bees that forage from oilseed rape crops treated with insecticides known as neonicotinoids are more likely to undergo long-term populat... More »
By Anirban Nag | LONDON LONDON The dollar was softer on Monday, pegged back by sluggish U.S. data that tempered expectations of a Federal Reserve interest rate hike this year. The U.S. currency was 0.2 percent lower at 101.12 yen JPY= after losing 0.6 percent ... More »
By Andrea Shalal | UEDEM, Germany UEDEM, Germany The German air force worked closely with a Berlin theater on its production of “Terror”, a play about a pilot prosecuted for shooting down a hijacked airliner to prevent it from hitting a crowded stadium. “The p... More »
LONDON The New Zealand dollar surged to its highest level in more than a year on Thursday after the Reserve Bank of New Zealand made smaller interest rate cuts than some had expected, forcing them to unwind their bets on more aggressive easing. The RBNZ said a... More »
LONDON Swiss private bank EFG International (EFGN.S) now expects to pay 1.05 billion Swiss francs ($1.08 billion) to buy rival BSI from Grupo BTG Pactual SA (BBTG11.SA), almost 300 million francs less than previously announced. EFG hopes the BSI tie-up, origin... More »
OSLO Global warming could release radioactive waste stored in an abandoned Cold War-era U.S. military camp deep under Greenland’s ice caps if a thaw continues to spread in coming decades, scientists said on Friday. Camp Century was built in northwest Greenland... More »
RIO DE JANEIRO Hans Gubler is the man who knows the answers but will never tell, the keeper of secrets as well as time at Rio’s Olympic aquatics center. Gubler is the Omega man, overseeing a ‘nerve-centre’ of timing systems as a privileged insider with access ... More »
JERUSALEM Israel’s tax authority, looking to crack down on unreported capital, said on Monday it has received a list from French authorities of more than 8,000 Israeli customers that held bank accounts at the Swiss arm of HSBC. HSBC early last year acknowledge... More »
