Switzerland

Billionaire Patrick Drahi Relocates Residency from Switzerland to Israel

14 hours ago

In a significant move that has attracted attention from both financial circles and media outlets, billionaire investor Patrick Drahi has officially changed his residency from Switzerland to Israel. This strategic relocation is not only a personal decision but also possibly influences the landscape of global investment and philanthropy.

Swiss Steel Aid: A Shift Towards Government Intervention

6 days ago

In a significant move diverging from its traditionally hands-off approach, the Swiss government is considering providing financial assistance to struggling steelmaker Swiss Steel Holding AG. This development comes as the company grapples with a series of challenges, including fluctuating steel prices and heightened competition in both domestic and international markets.

Watches of Switzerland Shares Surge on Positive Demand Signals

16 days ago

In a notable boost for the luxury watch retailer, Watches of Switzerland Group has witnessed a significant increase in its share prices as indications of an upward trend in consumer demand become apparent. The company, which specializes in high-end watch brands, reported a sharp rise in its stock, reflecting optimism in the market concerning economic recovery and luxury spending.