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Swiss private equity firm Partners Group Holding AG is stopping hedge funds from disrupting its efforts to refinance around €6 billion ($6.7 billion) of debt owed by some of its most troubled companies, even at the risk of shrinking the pool of buyers as their loan prices fall.
In a rare market move, a long-established local developer sold a Central retail shop that was held for over 50 years to an heir of Swiss underwear maker Triumph, according to data from the Land Registry, a deal analysts have called “highly unusual”. The use of international capital to acquire local retail assets in Hong Kong is uncommon. Triumph International did not immediately respond to a request for comment from the South China Morning Post. The transaction involved a ground-floor shop at...
Swiss glaciers have lost more than 5 percent of their ice, threatening the country’s alpine economy.
Scientists are warning that Switzerland's glaciers have lost an ‘enormous’ amount of ice this year.
Switzerland’s glaciers, which are disproportionately impacted by climate change, have lost nearly 20 per cent of their mass in five years, experts said on Thursday, with 2026 registering the second biggest melt on record. Swiss glaciers saw 5.5 per cent of their volume melt away this year, the Glacier Monitoring in Switzerland (GLAMOS) network found in a new study, published after a record hot summer preceded by a winter with little snowfall. “The glaciers this year have lost enormous quantities...
A US fund has filed a criminal complaint in Switzerland accusing Radiant World and related companies of fraud and money laundering, according to a US court filing, adding a new jurisdiction to the iron ore trader’s escalating legal and financial crisis.
A referendum on whether Swiss neutrality should be more strictly, legally enforced in the Constitution.
About 71 percent of voters oppose initiative to impose stricter limits on neutrality, projection suggests.
As other neutral countries such as Austria and Ireland increase defence spending and strengthen ties with NATO, Swiss voters are taking part in a referendum on whether to enshrine a stricter definition of the country’s centuries-old neutrality in the constitution. Switzerland has not fought a military conflict since neutrality was established in 1815, but some argue that measures such as sanctions can undermine that principle. The vote also raises questions about how neutrality can be maintained amid Europe’s changing security landscape, with Russia at war with Ukraine and the US putting pressure on traditional alliances such as NATO. Josh Vardey reports.
The real question is what neutrality can still do for Switzerland.