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The UK has officially shut down its last coal-fired power plant, marking a significant transition from coal to cleaner energy sources. While countries like the UK, Germany, and the US have made strides in reducing coal dependency, nations such as China and India continue to expand their coal power capacity amid rising electricity demands. Despite the global push for cleaner energy, coal remains a dominant power source, meeting about 35% of global energy needs.
A Danish woman deceived banks and a notary in Verbier by changing her name to sell her apartment back to herself, securing a 1.5 million franc loan despite being heavily in debt. While she was convicted of forgery, the notary was acquitted, raising serious questions about banking practices and oversight. The case has prompted further investigations into the banks' roles and potential misconduct.
Ozempic, originally a diabetes medication, has gained popularity as a weight-loss solution, leading Novo Nordisk to pay a record 4.9 million francs to healthcare professionals in 2023. The drug generated the highest costs among diabetes medications, totaling 81.2 million francs, with a significant increase in sales. Recent studies suggest its effectiveness in overweight children, prompting financial support for medical professionals involved in its promotion.
Saxo Bank, based in Copenhagen and backed by Chinese auto group Geely, is closing its offices in Hong Kong and Shanghai while scaling back operations in Tokyo due to a sluggish Chinese economy. This strategic retreat will impact 10 staff members as the bank reassesses its presence in Asia.
A Danish woman changed her name to sell her Verbier apartment to herself, aiming to clear her debts. The notary involved is charged with forgery for failing to verify her identity, while the Banque cantonale du Valais, deceived in a mortgage deal, has also faced scrutiny. The case is ongoing, with a verdict pending.
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