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Tag: Swiss

Rothesay Life gatecrashes £3.5bn Swiss Re IPO

Rothesay Life gatecrashes £3.5bn Swiss Re IPO

Business
Rothesay Life, the specialist insurer, is plotting a £3.5bn takeover of a division of Swiss Re that would derail plans for a stock market listing. Sky News has learnt that Rothesay approached Swiss Re several weeks ago about a deal to buy ReAssure, the UK arm of Swiss Re which manages the closed books of life assurance companies.The status of the talks between the two parties was unclear on Friday, although sources said that Rothesay was serious about making a formal offer for ReAssure in the coming months.Swiss Re announced last summer that it would pursue a stock market listing for ReAssure, arguing that it did not fit with its main reinsurance business.However, difficult equity market conditions have alerted potential bidders to the possibility of persuading Swiss ...
Rashford gives England win over Swiss in scrappy friendly

Rashford gives England win over Swiss in scrappy friendly

Sports
England returned to winning ways after three successive defeats as Marcus Rashford's second-half volley gave them victory over Switzerland in a scrappy and subdued friendly at Leicester's King Power Stadium.Manager Gareth Southgate made nine changes from the side that lost 2-1 to Spain in the Uefa Nations League game at Wembley on Saturday - and for long periods it showed.Switzerland were the better side in the first half and Liverpool's Xherdan Shaqiri should have given them the lead early on, only to strike the post after England goalkeeper Jack Butland's poor clearance played James Tarkowski into trouble. England, as they had to do, improved after the break and the decisive goal came in th...
Swiss freestyle ski team having a blast with Olympics antics

Swiss freestyle ski team having a blast with Olympics antics

Sports
Feb. 14 (UPI) -- Switzerland's freestyle ski team is having a blast at the Winter Olympics and have the videos to prove it.The team's official Instagram account includes several videos of some of the stunts they have pulled off in Pyeongchang, South Korea during the Winter Games. One video featured two team members riding a pallet jack down a ramp, pretending to be the Jamaican bobsled team from Cool Runnings."You don't see the Swiss team fighting, do you? You don't see the Swiss team drinking and carrying on and such. And you don't see the Swiss team smiling neither," the @swissfreeski account posted last week on Instagram.On Monday, the team posted an even crazier stunt. Swiss skier Fabian Bösch went up to an escalator and held the moving railing with his right hand. He let the escalator
Swiss cheese pipes: Missing lead confirms origins of Flint's water crisis

Swiss cheese pipes: Missing lead confirms origins of Flint's water crisis

Science
July 28 (UPI) -- Researchers have found evidence of missing lead in water pipes in Flint, Mich., confirming the origins of the health crisis.An analysis of the interiors of several service pipes revealed a Swiss cheese-like pattern -- the holes marking where lead used to be.The latest findings by University of Michigan scientists confirm the public explanation for the water crisis: that untreated, corrosive water caused lead to leech from the city's water pipes, poisoning thousands of Flint residents over a period of 17 months.Researchers studied the layer of lead rust from cross section samples of 10 service pipes in Flint's water system. They analyzed both the layer's texture and chemical composition, and used their observations to estimate the amount of lead leaching into the water syst...