Tag: Zurich

T. Rex Skeleton Sells for More Than $5 Million at Zurich Auction

BERN, Switzerland—Nearly 300 Tyrannosaurus rex bones that were dug up from three sites in the United States and assembled into a single skeleton sold Tuesday at an auction in Switzerland for 4.8 million francs ($5.3 million), below the expected price. Crafted into an open-mouth pose, the T. rex skeleton measuring 11.6 meters long (38 feet…


Credit Suisse Unveils ‘Radical’ Strategy as 3Q Loss Hits $4B

GENEVA—Swiss bank Credit Suisse unveiled Thursday a “radical strategy” aimed to overcome a string of recent troubles that have dented its reputation, involving cost cuts, staff reductions, steps to lower risk, and a cash infusion through a share purchase from a leading Saudi bank. The Zurich-based bank also said it will revive the CS First…


Omysha the Elephant Dies at Zurich Zoo Days After Her Brother

ZURICH—A second elephant has died from elephant herpes at Zurich Zoo, staff there said on Monday, less than two weeks after the same virus claimed her brother. Omysha, an eight-year-old Asian elephant, died on Sunday night despite receiving anti-viral drugs and blood plasma infusions, zoo spokesperson Pascal Marty said. Omysha’s sister Chandra and mother Indi…


Protests Erupt Over Virus Rules in Austria, Italy, Croatia

VIENNA—Tens of thousands of protesters marched through Vienna on Saturday after the Austrian government announced a nationwide lockdown beginning Monday amid a rise in coronavirus infections. Demonstrations against virus restrictions also took place in Switzerland, Croatia, Italy, Northern Ireland, and the Netherlands on Saturday, a day after Dutch police opened fire on protesters and seven…


US Ends Zurich Bank ZKB’s Criminal Tax Evasion Case

NEW YORK—The U.S. government is ending its criminal case against Zuercher Kantonalbank for helping wealthy Americans evade taxes after the Zurich lender paid $98.5 million and complied with a three-year deferred prosecution agreement. In a Friday filing with the U.S. District Court in Manhattan, a federal prosecutor said, “the government will not now proceed with…