While many ‘AIR TAXI’ companies have just renderings to show for their ideas a Swiss company have announced completion of the first phase off VTOL Tech demonstrator flight testing. Dufour Aerospace have carried out 550 test flights of the two-wing craft fully-electric, it has a 4.5-metre (14.8-FT) wingspan. Dufour's vision is to build the Aero VTOL Aircraft to bring you "...from your doorstep to nearly anywhere you want over 5 times faster than a car."
Credit: Cover Video STUDIO Duration: 01:00Published
FIFA president Gianni Infantino is the subject of criminal proceedings overmeetings he held with the Swiss attorney general. A special federal publicprosecutor, Stefan Keller, was appointed last month to examine complaints madein relation to the meetings involving Infantino, attorney general MichaelLauber and the chief public prosecutor for the Upper Valais region, RinaldoArnold.
Credit: PA - Press Association STUDIO Duration: 01:06Published
Business Insider reports that Swiss private bank Lombard Odier sold half its gold position. The move comes despite its surge to record levels. The bank's chief economist Samy Chaar said: "We see a bit of vulnerability at the current price levels." Chaar said the negative economic outlook in the US was not sustainable. He said real interest rates will eventually recover and that could keep gold prices volatile.