Wednesday, 28 June 2017
News with tag Switzerland  RSS
Renewed Cyprus talks set to begin in Switzerland

Added: 27.06.2017 21:55 | 2 views | 0 comments

FMs of three guarantor powers, the UK, Greece and Turkey, will join talks alongside Greek and Turkish Cypriot leaders.


Back to Switzerland for Cyprus peace deal talks

Added: 26.06.2017 11:33 | 3 views | 0 comments

It's back to Switzerland for Cyprus peace talks.


Loeb's Third Point takes $3.4b stake in Nestle

Added: 26.06.2017 6:45 | 2 views | 0 comments

Activist investor Daniel Loeb's Third Point on Sunday unveiled a stake of more than 1 percent in Switzerland's Nestle.


News: Noll takes over as general manager at Tschuggen Grand Hotel, Switzerland

Added: 26.06.2017 5:29 | 6 views | 0 comments

Hotelier Stefan Noll is to become general manager of the Tschuggen Grand Hotel in Arosa, Switzerland, in September 2017.


As Movies And Videogames Go Global, New Jobs Open For Humanities Grads

Added: 25.06.2017 21:18 | 2 views | 0 comments

As digital content races around the globe, demand is booming for "localization specialists," who can help adapt movie trailers, video games or thought-leadership essays in ways that make them work well in countries ranging from China to Switzerland.


Swiss take action over insider trading, market manipulation

Added: 23.06.2017 8:47 | 2 views | 0 comments

Switzerland's financial markets authority says it has taken action in two cases of insider trading and market manipulation, seizing illegal profits.


The Swiss National Bank Owns $80 Billion In U.S. Stocks -- Here's The Catch

Added: 22.06.2017 14:31 | 4 views | 0 comments

Switzerland is now the eighth-largest public holder of US stocks.


Rich guy Leo DiCaprio surrenders priceless art in wake of embezzlement scandal

Added: 19.06.2017 21:50 | 4 views | 0 comments

Leonardo DiCaprio may have received some very expensive paintings in a super shady way. According to artnet, DiCaprio, a known art collector, is reportedly in the process of surrendering a $3.2 million Pablo Picasso painting and a $9 million Jean-Michel Basquiat collage to U.S. authorities in the wake of a huge embezzlement scandal. Red Granite — the company that produced DiCaprio's movie The Wolf of Wall Street — was co-founded by Riza Aziz, the stepson of Malaysian prime minister Najib Razak, and reportedly received illicit financing from the 1Malaysia Development Berhad fund (also known as 1MDB fund). The fund was initially created for the purposes of economic development, but now allegedly has a hand in less noble dealings. SEE ALSO: Leonardo DiCaprio and Mexico team up to save the cutest little porpoise ever The U.S. Department of Justice’s anti-money-laundering division filed a 250-page complaint seeking the surrender of $540 million in assets that it says were bought with money stolen from the 1MDB fund and entities it controlled, reports artnet. These assets include $100 million worth of art, a luxury yacht, and real estate. In addition to the art, the U.S. government previously sought civil forfeiture of “any rights to profits, royalties, and distribution proceeds” related to The Wolf of Wall Street.  But how is Leo directly involved?  Malaysian financier, art collector, and associate of DiCaprio's, Jho Low, had influence over the corrupt 1MDB fund and has been the subject of investigation for misuse of money before. The government has reason to believe that DiCaprio's Picasso painting, Nature morte au crâne de taureau, was a gift from Low. In a statement, DiCaprio’s spokesperson explains: However, the claim that the painting was received for charitable purposes conflicts with the note attached to the painting that read, "Dear Leonardo DiCaprio: Happy belated Birthday! This gift is for you.”  Hmm. The Basquiat painting, Redman One, was reportedly bought from the Helly Nahmad gallery in New York in March 2013 with funds controlled by an entity known as Tanore, also believed to have been controlled by Low. According to the complaint, Low instructed a gallery in Switzerland as follows:  The letter was signed by both Low and DiCaprio. Although it seems as if DiCaprio is suddenly under fire for owning these priceless works of art, his spokesperson told artnet,  It looks like America's sweetheart may have a real-life Jordan Belfort problem on his hands. But who needs a priceless Picasso anyway?  [H/T: artnet]  WATCH: The deck of cards has been reinvented

Older articles »

Copyright © 2008-2017  - all rights reserved