DIRS.INFO The most relevant business & tech news

☆ Jordan Chiles appeals ‘unfair’ decision that cost Olympic medal
▼ + stars: | 2024-09-16 | by ( Thomas Schlachter | Kevin Dotson | ) edition.cnn.com time to read: +2 min

CNN —Jordan Chiles filed an appeal of the decision that led to the US gymnast being stripped of an Olympic bronze medal, her attorneys announced Monday. Chiles was stripped of her first individual Olympic medal after the Romanian gymnastics team challenged the decision to revise her final score in the floor exercise to the Court of Arbitration for Sport (CAS). Chiles has now opted to appeal CAS’ decision to the Federal Supreme Court of Switzerland – where CAS is based. “Jordan Chiles’ appeals present the international community with an easy legal question—will everyone stand by while an Olympic athlete who has done only the right thing is stripped of her medal because of fundamental unfairness in an ad-hoc arbitration process? The United States Olympic and Paralympic Committee (USOPC) said they are determined to see Chiles receive the recognition she deserves.

Persons: CNN — Jordan Chiles, Chiles, Romania’s Ana Bǎrbosu, ”, “, “ Jordan Chiles ’, Maurice M, Suh, ” Suh, Jordan’s, Jordan, “ Chiles Organizations: CNN, Sport, CAS, Federal, United States Olympic, Paralympic, CNN Monday Locations: Romanian, Switzerland

The annual Best Countries rankings from U.S. News may inspire hopeful chants of "USA!" The Best Countries survey gathered perceptions about 87 nations across 73 descriptive attributes, and Americans did view the U.S. as No. For instance, the world viewed the U.S. as No. A lower self-image was observed in several dozen other attributes as well, with the U.S. falling in rank when assessed by its residents compared with the full set of global respondents. Agreement elsewhere was more polarized, however, including on statements that assessed whether some of the most powerful countries are threats to the world.

Persons: – Organizations: U.S ., United States, U.S Locations: United, U.S, United States, United Kingdom, New Zealand, Switzerland, Myanmar, Ukraine, Bahrain, Jordan, Russia, China

☆ Rolex’s deal is ticking time bomb for retailers
▼ + stars: | 2023-08-25 | by ( Karen Kwok | ) www.reuters.com time to read: +4 min

In the short term, these concerns look overstated, but Rolex’s move may still have called time on WoS’s business model. In that context, Friday’s slump in WoS shares looks excessive. That’s a modest sum relative to the enterprise value of 4 billion Swiss francs that Vontobel analysts believe Bucherer is worth. The news sparked a sharp sell-off in the UK-listed shares of Watches of Switzerland, a major retailer of Rolex watches. Watches of Switzerland shares were down more than 20% at 0933 GMT on Aug. 25.

Persons: –, WoS, Bucherer, Cartier, ”, Francesco Guerrera, Oliver Taslic Organizations: Reuters, Rolex, Reuters Graphics Reuters, RBC, Piguet, Switzerland, Thomson Locations: Switzerland, London, Swiss

☆ Michelle Yeoh marries longtime partner Jean Todt
▼ + stars: | 2023-07-30 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +3 min

CNN —Oscar-winner Michelle Yeoh has married her longtime partner Jean Todt in a ceremony in Switzerland – nearly two decades after the French businessman first proposed to her. We love you and here’s to many more to come,” the Malaysian actress wrote. The post included images of the two exchanging rings and another of them sitting snuggled together on a bed decorated with flower petals. Todt posted the framed image on the platform X, formerly known as Twitter, over the weekend, thanking long-time Bond producer Barbara Broccoli for the “touching” wedding gift. Todt, who made his name as a World Rally Championship co-driver, is also a former president of Formula 1’s governing body, the Federation Internationale de l’Automobile.

Persons: CNN — Oscar, Michelle Yeoh, Jean Todt, Yeoh, Todt, Felipe Massa, “, M.Y, Oscar, ” Yeoh, don’t, Marvel, Rich Asians ”, ”, Pierce Brosnan, James Bond, Barbara Broccoli, General’s Organizations: CNN, Switzerland –, Ferrari, Academy, Rich Asians, Formula, Internationale de, United Nations Locations: Switzerland, French, Malaysian, Shanghai, J.T, Geneva, Hong Kong

☆ UBS can score a quick win with Swiss sale
▼ + stars: | 2023-04-12 | by ( Liam Proud | ) www.reuters.com time to read: +4 min

LONDON, April 12 (Reuters Breakingviews) - Credit Suisse’s (CSGN.S) Swiss business is theoretically the jewel in the bank’s tarnished crown. Hiving off the Credit Suisse local unit could save Kelleher and his Chief Executive Sergio Ermotti a lot of grief. By contrast, UBS is paying just $3.6 billion for all of Credit Suisse, based on the buyer’s most recent share price. Kelleher could in theory just hand the Credit Suisse local division to shareholders, but that could prove destabilising if they all cash out immediately. UBS will rescue Credit Suisse in a deal worth about 3 billion Swiss francs, Swiss authorities and the two banks said on March 19.

The world's largest economy risks defaulting on its debt for the first time in modern history this summer as politicians wrangle over raising the country's debt limit, currently capped at $31.4 trillion. The U.S. is expected to reach its debt limit Thursday, Treasury Secretary Janet Yellen said last week. But coming to a deal to increase the U.S. debt limit won't be easy in a political environment that's grown even more polarized in the past decade. While conservative members of his caucus insist they do not want the country to default on its debt, McCarthy is under pressure to demand deep spending cuts. Another top Wall Street CEO said he planned to push lawmakers at Davos to focus more on spending cuts rather than the debt ceiling.

People communicate with each other at the Congress Center for the World Economic Forum WEF Annual Meeting 2023 in Davos, Switzerland, Jan. 15, 2023. DAVOS, Switzerland – U.S. lawmakers quietly took part in a private ritzy lunch atop the World Economic Forum on Monday featuring dozens of influential business leaders, according to people with direct knowledge of the matter. Joe Manchin, D-W.Va., Chris Coons, D-Del., Kyrsten Sinema, I-Ariz. and a few members of the House of Representatives, these people explained. Coons, Manchin, Sinema and Kemp are among the U.S.-based officials scheduled to participate in panel sessions at this year's conference. These private events on the sidelines of the World Economic Forum often serve as meet-and-greets between CEOs, billionaires and government officials.

☆ Serbia and Cameroon play out entertaining 3-3 draw at the World Cup
▼ + stars: | 2022-11-28 | by ( George Ramsay | ) edition.cnn.com time to read: +2 min

CNN —Serbia and Cameroon played out a thrilling 3-3 draw at the World Cup in what was one of the most entertaining games of the tournament so far. But Cameroon responded minutes later as substitute Vincent Aboubakar scooped an outrageous shot over the head of Serbian goalkeeper Vanja Milinković-Savić. The chances kept coming for both teams, but it ended as a draw at Qatar’s Al Janoub Stadium. With both sides losing their opening games of the tournament – Serbia against Brazil and Cameroon against Switzerland – they will need to win their next games to keep alive their hopes of qualifying for the knockout stages. Serbia's players celebrate Sergej Milinković-Savić's goal against Cameroon.

Search resuls for: "Switzerland –"

8 mentions found