ZURICH Swiss ties with the European Union, its biggest trading partner, face a critical test this week as Brussels decides whether the two sides have made enough progress on a stalled draft treaty to head off punitive measures set to start at the end of June.
ZURICH Opposition from across the political spectrum will make it all but impossible for the Swiss government to sign a draft treaty with the European Union next month, sources close to the matter told Reuters.
* Foreign minister only active advocate to sign accord -
ZURICH Zurich Insurance is on track to meet or beat its financial targets to 2019 and is seeing positive trends in property and casualty (P&C) insurance pricing.
* Readies IPO for British ReAssure business but open to
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ZURICH Swiss Federal Railways (SBB) and Bombardier are making progress on resolving technical problems with passenger trains the Swiss have ordered and could put five more of them into service within weeks, the partners said.
ZURICH Shares in Stadler Rail surged on Friday as investors piled in to an oversubscribed initial public offering (IPO) that valued the Swiss trainmaker at around $3.8 billion and made more than a billion Swiss francs for Chairman Peter Spuhler.
DUEBENDORF, Switzerland Engineers working to tackle carcinogenic pollution from cars have developed cheap and simple devices to test the effectiveness of particle filters, which could help take toxic vehicles off roads without resorting to blanket bans.
* Shares fall more than 8 pct before paring losses
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