Swiss regulator FINMA on Thursday defended its decision to instruct Credit Suisse to write down its AT1 bonds — a controversial part of the lender's emergency sale to UBS.
Switzerland has approved plans to legalize the sale and consumption of cannabis in Zurich in a trial designed to assess the economic and social benefits of regulating the drug.
The latest report from the U.N.'s Intergovernmental Panel on Climate Change provides world leaders with a gold-standard summation of modern climate science.
The euro pushed higher against the U.S. dollar following comments from the European Central Bank President Christine Lagarde that inflation is "still high."
The demise of banking giant Credit Suisse sent shock waves through financial markets and appears to have dealt a blow to Switzerland's reputation for stability.
Finland has been named the happiest country in the world for six years in a row. Now it's planning a masterclass to teach people it's a skill — not a mindset.
The U.S. and Ukraine's allies in Europe fear that China throw its military might behind Russia as its invasion of Ukraine appears to be flagging.
Checked
4 minutes 55 seconds ago
Get complete CNBC business news coverage online. Find the latest business news pertaining to Europe. Sector watch news, headlines; top stories is available on the official CNBC Europe site.