Switzerland

Shuttlers Sindhu, Prannoy advance in Swiss Open

Shuttlers Sindhu, Prannoy advance in Swiss OpenBasel, March 14 - Indian shuttlers H. S. Prannoy and P. V. Sindhu caused upsets in their respective matches to advance to the next round of the $125,000 Swiss Open Grand Prix Gold here Wednesday.

Sindhu's women's singles match lasted only two minutes as her South Korean opponent Ji Hyun Sung, seeded third, retired when the score was 7-2 in favour of the Indian. With this, Sindhu now has a 2-0 head-to-head against the World No. 5.

The 17-year-old Pullela Gopichand protege will next play Japanese qualifier Yui Hashimoto in their first ever encounter in the second round.

Kashyap advances in Swiss Open

Kashyap advances in Swiss OpenBasel, March 13 - World No. 9 Parupalli Kashyap was the lone bright spot as all other Indian shuttlers lost their respective matches Tuesday here at the $125,000 Swiss Open Grand Prix Gold.

In men's singles action at St. Jakobshalle, only fifth seed Kashyap managed to advance to the second round while Sourabh Varma and K. Srikanth ended their campaign in the first round of the tier three tournament.

Volleyball World League 2013 host cities unveiled

Volleyball-World-League-2013Geneva, March 9  : The International Volleyball Federation (FIVB) announced that the men's World League will get underway May 31 at the Helsinki Ice Hall in Finland as the hosts take on Egypt in Pool C.

On the opening weekend, Canada will host the Netherlands twice at the Colisee Pepsi in Quebec and South Korea and Japan will face each other in a venue which is to be decided, reports Xinhua.

Chevrolet to launch upgraded Captiva at the 2013 Geneva Auto Show

Chevrolet to launch upgraded Captiva at the 2013 Geneva Auto ShowAuto maker, Chevrolet is planning to launch an upgraded version of its Captiva at the upcoming 2013 Geneva Auto Show with a host of impressive enhancements.

The company said that the new model's front fascia will come with a new grille mesh, a lower bumper and redesigned fog lamps. The company is also offering new 18-inch alloy wheels for the upgraded version of the car. The rear of the car will now feature new LED lamps, a remodelled bumper and chrome exhaust tips.

UNHRC urged to probe Sri Lanka 'war crimes'

UN-Human-RightsGeneva, Feb 20 : Human Rights Watch Wednesday urged the UN Human Rights Council to launch "an independent, international investigation into war crimes" committed in the final months of the Sri Lankan conflict.

It said that since the Council adopted a resolution on Sri Lanka in March 2012, Colombo "has taken no significant steps to provide justice for victims of abuse and accountability for those responsible".

Nestle's net profit goes up

Nestle-logoGeneva, Feb 15 : Swiss food giant Nestle has announced a net profit of 10.6 billion Swiss francs (about $11.5 billion) for 2012, an increase of 11.6 percent from the previous year.

The company Thursday reported a total sales volume of 92.2 billion Swiss francs ($100 billion), with an organic growth of 5.9 percent, down 1.6 percentage points from that of 2011, reported Xinhua.

Growth in the Asia, Oceania and Africa region was 8.4 percent, down from the 12 percent in 2011. However, it was still a strong growth compared with the 5.2 percent in the Americas and 1.8 percent in Europe.

Experts on Emerging Asia voice strong optimism for global economic growth

Experts on Emerging Asia voice strong optimism for global economic growth Davos (Switzerland), Jan. 25 : Amid today''s gloomy headlines, are we experiencing the best period in world history? That''s the provocative question that a panel of experts, including a top Indian government official, tackled today at a breakfast session at the World Economic Forum''s annual meeting in Davos, Switzerland.

Anand Sharma meets leading Western firms' executives

Anand-SharmaDavos, Jan 23 : India's Commerce and Industry Minister Anand Sharma Wednesday met senior executives of leading firms, including BAE Systems chairman Richard Olver and Royal Philips Electronics president Frans A. van Houten, as part of an effort to woo overseas investments into the country.

During the meeting, the head of Royal Philips Electronics "expressed interest in manufacturing facility in India along with concern for local sourcing requirement for LED," according to a statement released by the commerce and industry ministry.

Gunman kills three in Switzerland village

/GunmanBerne, Jan 3 : Three people were killed and two injured when a gunman opened fire in a village in Switzerland in a region known for its beautiful ski resorts, BBC reported Thursday.

The incident occurred late Wednesday in Daillon village in Valais canton, best known for the Matterhorn mountain and ski resorts, 100km from Geneva.

Police arrested a suspect who was shot and wounded after he threatened them. The gunman had reportedly been drinking heavily before the shooting.

"Three victims died at the scene," said Valais police. "Two other people were wounded and hospitalised."

Particle detected last July by LHC was surely Higgs boson: Peter Higgs

Particle detected last July by LHC was surely Higgs boson: Peter HiggsPeter Higgs is confident that the subatomic particle detected last July by scientists at the $10 billion Large Hadron collider (LHC) was the Higgs boson, which he had predicted more than half a century ago.

Peter Higgs had predicted the existence of the Higgs boson in 1964, but Switzerland-based LHC - a multinational effort of more than one hundred countries - could detect a similar subatomic particle only last year.

Switzerland expels Olympian due to racist remarks on Twitter

Switzerland expels Olympian due to racist remarks on TwitterSwiss authorities have expelled a member of its football team taking part in the London Olympics 2012, on Monday due to his threatening and racist remarks against the South Koreans on micro blogging site, twitter.

The comments were posted by Michel Morganella just hours after Switzerland's foot ball team lost to South Korea in the mega sporting event.

Scientists successful is making paralyzed rats walk

Scientists successful is making paralyzed rats walkA team of scientists in Switzerland have successfully helped paralysed rats walk and even climbing stairs, giving hope for a treatment for the illness for humans.

The team was able to stimulate nerves to make it grow around the grow around damage in the spinal cord in order to allow the animals to move legs. They directly injected the chemicals into the spinal cord and stimulated the nerves with electrical impulses.

Coca-Cola plans to invest $1 bn in Mexico in 2012

Coca-Cola plans to invest $1 bn in Mexico in 2012Davos, Jan 30 : The Coca-Cola Co. plans to invest $1 billion in its operations in Mexico this year as part of a $5 billion long-term investment plan, CEO Muhtar Kent has said.Kent made the announcement in a joint appearance with Mexican President Felipe Calderon during the World Economic Forum in Davos.

Calderon has been meeting with potential investors at the gathering of the world's most powerful business leaders.Coca-Cola expects to create 10,000 new jobs in Mexico over the next five years, Kent said.

World Economic Forum calls for business innovation

World Economic Forum calls for business innovationDavos, Jan 26: Participants at the annual World Economic Forum here Wednesday urged the companies to focus on innovation to remain in business.

Companies failing to adapt themselves to new business environment will soon fall behind and even go out of business, they said.

Cisco chairman and chief executive officer John T. Chambers said: "We had about 100 great competitors in the 1990s, all but two are largely gone".

UNSC must reflect today''s geopolitical realities, says Patil

UNSC must reflect today''s geopolitical realities, says Patil Berne, Oct 4 : President Pratibha Devisingh Patil has said the United Nations Security Council (UNSC) must reflect on contemporary geopolitical realities in order to combat global security challenges better.

India Awaits Switzerland’s Decision for DTAA

India Awaits Switzerland’s Decision for DTAAIt is not that Indian Ministry is not keen on evading corruption from the country, but it is waiting for the Switzerland's approval for the Double Taxation Avoidance Agreement (DTAA), said Finance Minister Pranab Mukherjee in Lok Sabha.

The agreement would enable the government to know the bank deposits in the bank. The deal is expected to be accepted by the Switzerland by October. Finance Minister further said that the agreement has been approved by the both houses of the Swiss Parliament, and is now under consideration of cantons (member-States of Switzerland).

India’s growth story at Davos

WEF-DavosAt the World Economic Forum at Davos, the Bharti Group Chairman and CEO said that people are more concerned about the problems, scams, rising commodity prices, global economic risks and increasing unemployment in the country.

Instead of talking about these problems, people should divert their attention towards the constructive issues of the country, as rest of the world considers India is a great place to do business and hence make investments in the country. It's the time to celebrate our success.

Saifeena To Celebrate New Year In Switzerland!

Saifeena To Celebrate New Year In Switzerland!Love birds Saif Ali Khan and Kareena Kapoor flew to Switzerland for 10 days to celebrate the New Year.

The passionate lovers leave for Swiss Alps each year as it happens to be their preferred holiday spot.

Saif loves to ski and the actress loves the eternal beauty of the place.

The hot pair will stay at a chalet-hut possessed by the Gstaad Palace that runs on solar energy.

Xstrata's Net Profit moving ahead of triples

Xstrata's Net Profit moving ahead of triplesThe Anglo-Swiss miner Xstrata recorded a more than threefold climb in the first-half net profit on Tuesday, providing advantage from the inclining prices and augmented sales volumes athwart many of its commodities such as copper, ferrochrome, zinc and nickel.

The group reported its net profit figures which was $2.29 billion for the six months to June 30, contrasted with $690 million a year earlier, whilst the outcome were affected by a $219 million exceptional charge. Revenue plunged up by 43% to $13.61 billion from $9.54 billion.

Credit Suisse the Best Global Bank of the year

Credit Suisse the Best Global Bank of the yearDuring the Euromoney Awards for Excellence, amongst the many biggies and financial institutions it was Credit Suisse that has been awarded as the Best Global Bank.

Euromoney admired the Swiss investment bank for its high proceeds and the less risk model and defined it as the most debating and the best-run bank across the globe in today's time.

Furthermore the bank, Credit Suisse was being accolade for its sturdy capital stance, for the credit rating and performing pretty well private and investment banking group.




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