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    Switzerland

    April

    This image from video provided by the Indian Space Research Organisation shows the surface of the moon as the Chandrayaan-3 spacecraft prepared for landing in August last year.  India became the first country to land a spacecraft near the moon’s south pole.

    China set to launch high-stakes mission to moon’s ‘hidden’ side

    China has made leaps forward in its lunar exploration, narrowing the technological chasm with the United States and Russia.

    • Albee Zhang and Ryan Woo

    Watches & Wonders 24: How the latest timepieces measure up

    Geneva has just hosted the biggest watch fair in years. We look at the blitz of new releases it unleashed.

    • Bani McSpedden

    March

    David Cameron and Lex Greensill in Saudi Arabia in January 2020.

    Lex Greensill sues UK government over ‘misuse of private information’

    The details of the Australian businessman’s claim against the UK’s Department for Business and Trade have not yet been made public.

    • Rafe Uddin and Cynthia O’Murchu
    Former Macquarie star commodities trader Nick O’Kane has agreed terms to join Mercuria as the Swiss trading house seeks to expand its gas and power business.

    Ex-Macquarie star agrees terms to join Swiss house Mercuria

    Nick O’Kane, who earned more than Jamie Dimon last year, stepped down last month as head of Macquarie’s global commodities and markets division.

    • Archie Hunter and Nour Al Ali

    January

    Inflation is set to decline less sharply than it did last year.

    IMF warns central banks off early rate cuts

    Investor expectations of looser monetary policy could fuel another flare-up of inflation, IMF top official Gita Gopinath says.

    • Sam Fleming and Martin Arnold
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    A screen with an AI-generated artwork at the World Economic Forum in Davos.

    Banking watchdog warns on AI as leaders gather in Davos

    Pablo Hernandez de Cos said financial regulation should be a “blueprint” for policymakers ahead of the AI-focused summit in Switzerland.

    • Laura Noonan, Madhumita Murgia and Sam Fleming
    El Xolo in San Salvador champions local varieties of corn on its menu.

    Eight of the best foodie travel destinations in 2024

    From up-and-comer San Salvador to established Geneva, there’s a whole world of tastebud tantalisation to explore.

    December 2023

    At least half of the job cuts at global banks in 2023 were made by Wall Street lenders, whose investment banking businesses have struggled to cope with the speed of interest rate rises.

    Banks shed 60,000 jobs in one of worst years for cuts since GFC

    Investment banks suffered a second consecutive year of plummeting fees as dealmaking and public listings dried up, leaving Wall Street trying to protect margins.

    • Owen Walker

    The new billionaires’ wealth haven is not where you think

    The richest man in crypto, Changpeng Zhao, and hedge fund billionaire Ray Dalio are among dozens who’ve set up special purpose vehicles in Abu Dhabi this year.

    • Ben Bartenstein
    Prosecutors said the bankers in the case used a scheme called the “Singapore Solution”.

    Ex-Swiss banker admits helping wealthy US taxpayers hide assets

    Rolf Schnellmann, one of six people charged with assisting an unidentified hedge fund manager and two other US taxpayers to shield some $88 million in assets.

    • Chris Dolmetsch
    Qantas chief executive Vanessa Hudson.

    Qantas media favours are all hot air

    The airline will help ferry journalists to Switzerland for a one-day conference, where among the topics, sustainability and jet fuel will be discussed.

    • Mark Di Stefano

    September 2023

    Google recruiting propels Zurich home prices past London, Paris

    With demand in the Swiss financial hub stoked by hiring from companies including the tech giant, apartments in the central Zurich district are being listed at near record levels.

    • Paula Doenecke and Ainhoa Goyeneche
    Workers fix solar panels on a roof in an industrial area of Barcelona in Spain.

    Europe’s solar industry faces bankruptcy over Chinese imports

    The EU’s efforts to manufacture more green technologies are being undercut by cheaper rivals.

    • Alice Hancock
    Why are things so near impossible in Australia?

    I predicted Brexit. Here’s why the Voice is destined to lose.

    Winning and losing constitutional referendums is quite simple: if you are going to change the rule book, both sides of the game have to agree.

    • Matt Qvortrup

    August 2023

    Switzerland hasn’t been doing enough to crack down on the movement of dirty money, critics say.

    Switzerland weighs new money-laundering rules amid US criticism

    A new Swiss federal register will require companies and other legal entities to name their beneficial owners, making it harder for criminals to hide assets.

    • Hugo Miller and Bryce Baschuk
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    Travellers wearing protective face masks arrive at Orlando International Airport in Florida in 2021.

    This latest COVID variant could be the best yet at evading immunity

    BA.2.86 stands out in the omicron family tree because of how much it has morphed. It has more than 30 mutations on its spike protein.

    • Fenit Nirappil
    Sunshine Farms offers 14,074ha of premium irrigated and dryland cropping and grazing land.

    Corporate buyers tipped to bid for $170m of farming aggregations

    Fund manager AAM has put its Sunshine Farms aggregation in NSW up for sale for more than $90m, while a European family is selling Fairview in SA.

    • Larry Schlesinger
    Joe Biden

    The companies reaping Biden’s $624b green tech subsidies

    One year after Joe Biden’s Inflation Reduction Act and Chips Act became law, FT research shows which companies are benefitting from this investment boom.

    • Amanda Chu, Oliver Roeder and Alex Irwin-Hunt

    Final four: The teams gearing up for epic World Cup semis

    Australia has reached its first semi-final in team history and faces England on Wednesday, while Spain takes on powerhouse Sweden on Tuesday.

    • Jenna Fryer
    Prices for cargoes of thermal coal at the Port of Newcastle more than tripled last year.

    Swiss coal miner Glencore warns NSW against ‘revenue grab’

    Glencore, Australia’s largest coal miner, is urging the NSW government against ‘drastic’ changes to royalties.

    • Elouise Fowler