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UBS shares fall tumble on job cuts remarks; Lietschi goes

GenevaLunch News Zurich, Switzerland (GenevaLunch) – Shares in Switzerland’s largest bank, UBS, fell 9.1 percent in trading Monday 30 March on news that the bank is likely to cut 8,000 jobs, more than...

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Judge says RSR manager’s porno images case lacks clarity

GenevaLunch News Lausanne, Switzerland (GenevaLunch) – Judge Eric Cottier in Lausanne is opening a complementary inquiry in the trial of an ex-senior manager at radio station RSR in order to clarify...

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Kenya’s president removes police boss, deputies

GenevaLunch News President Mwai Kibaki of Kenya has removed the country’s police commissioner, putting Mohammed Hussein Ali in charge of the postal service instead. He also removed seven top deputies,...

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Russia’s notorious prison boss fired

GenevaLunch News Yury Kalinen, Russia’s deputy justice minister who has been harshly criticized by human rights groups and the media, has been fired by Russian President Dimtry Medvedev, with no reason...

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Goodluck Jonathan gets rid of cabinet

GenevaLunch News Nigeria’s stand-in President Goodluck Jonathan has dismissed his entire cabinet without giving a reason, a month after he was given the power to run the country. Jonathan was...

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Best for last: a rare case where it works

GenevaLunch News One-legged chickens and Helen Thomas keep us reading today Journalists are taught to package information so the key bits are at the top. This is especially important in web writing,...

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Sarkozy sacks two scandal-linked ministers

GenevaLunch News Paris, France (GenevaLunch.com) – France’s secretary of state, Alain Joyandet, and the secretary for Greater Paris, Christian Blanc, Sunday 5 July handed in their resignations. Their...

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Yahoo boss gets the boot, via phone

GenevaLunch News GENEVA, SWITZERLAND – Carol Bartz, the woman who promised to turn around Yahoo after replacing founder Jerry Yang as CEO in 2008, has been fired, apparently for failing to live up to...

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