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US buyout offer bites Nobel Biocare shares
Nobel Biocare's Zurich headquarters. Photo: Nobel Biocare

US buyout offer bites Nobel Biocare shares

US healthcare group Danaher aims to buy Nobel Biocare, the world's biggest dental implant specialist, for $2.2 billion, the companies said on Monday, causing the Swiss company's shares to dip. READ  

Swiss banks at post-secrecy crossroads
Photo: AFP

Swiss banks at post-secrecy crossroads

As Switzerland's long-cherished banking secrecy practices evaporate, the institutions that helped create the world's largest offshore tax haven are dramatically rethinking their business models in a bid to survive. READ  

Negative interest rates comment softens franc
Thomas Moser: negative interest rates in the offing? Photo: SNB

Negative interest rates comment softens franc

The Swiss franc dipped against other currencies, including the euro and the dollar, on Wednesday after a representative of the central bank of Switzerland said it is prepared to introduce negative interest rates to restrain the currency. READ  

Forecasts for Swiss growth turn less bullish
Photo: Credit Suisse

Forecasts for Swiss growth turn less bullish

Forecasters are revising downwards their outlook for growth in the Swiss economy this year and in 2015. READ  

Siemens delists from Swiss stock exchange
Photo: AFP

Siemens delists from Swiss stock exchange

German engineering giant Siemens said on Tuesday that it will delist its shares from the Zurich and London stock exchanges given low trading volumes. READ  

Swiss remain on top of competitiveness table
Photo: World Economic Forum

Swiss remain on top of competitiveness table

Switzerland remains the world's most competitive economy for the sixth consecutive year, says a report released on Wednesday by the Geneva-based World Economic Forum that shows the United States rising to third position just behind Singapore. READ  

Swiss economy slows down in second quarter
Graph showing GDP growth over past five years. Source: Seco

Swiss economy slows down in second quarter

The Swiss economy ground to a halt in the second quarter of this year with the country’s GDP (gross domestic product) unchanged from the first three months of 2014, government figures released on Tuesday show. READ  

Swiss pay UK and Austria over tax dodging
Photo: Fabrice Coffrini/AFP

Swiss pay UK and Austria over tax dodging

Switzerland said on Monday that it had completed a programme to pay Britain and Austria hundreds of millions of euros in settlements for past tax-dodging by their citizens. READ  

Japan Novartis unit failed to report 'drug deaths'
Photo: Sebastien Bozon/AFP

Japan Novartis unit failed to report 'drug deaths'

The Japanese unit of Swiss pharma giant Novartis has admitted it did not report more than 2,500 cases of serious side effects in patients using its leukaemia and other cancer drugs, reportedly including some fatalities. READ  

Presented by St Bernard Assure Limited
Car insurance made easy online with St Bernard
Photo: St Bernard Assure Limited

Car insurance made easy online with St Bernard

A new car insurance firm has ripped up the rule book when it comes to selling policies in Switzerland, by cutting out the middle-man and passing the savings onto their customers with its online only model. The Local finds out more. READ  

Novartis heart drug billed 'blockbuster' after tests
Photo: Sebastien Bozon/AFP

Novartis heart drug billed 'blockbuster' after tests

An experimental drug from Swiss pharma giant Novartis reduced deaths from chronic heart failure by 20 percent compared with an existing treatment, according to the results of a vast new study. READ  

Swiss bank Lombard Odier reveals profits
Lombard Odier is the second Swiss private bank in a week to publish its profits. Photo: Fabrice Coffrini/AFP

Swiss bank Lombard Odier reveals profits

Swiss private bank Lombard Odier has published its first results since its foundation over two centuries ago, as the ultra-discreet sector puts its books in the spotlight. READ  

Switzerland expands Ukraine crisis blacklist
Swiss federal parliament building in Bern. Photo: OFCL

Switzerland expands Ukraine crisis blacklist

Switzerland on Wednesday added 11 names and five banks to its blacklist over the Ukraine crisis in fresh moves to stop the country from being used to avoid EU sanctions against Russia. READ  

Worldwide damage from natural disasters drops
Swiss Re headquarters in Zurich. Photo: Swiss Re

Worldwide damage from natural disasters drops

Natural disasters caused total economic losses of $41 billion in the first six months of this year, much less than usual, reinsurance group Swiss Re estimated on Wednesday. READ  

Geneva private banks set to reveal first results
Photo: Fabrice Coffrini/AFP

Geneva private banks set to reveal first results

UPDATED — The elite of Swiss private banks on Tuesday began lifting the veil on their books after a radical shift in their business model, amid tougher international regulations and crackdowns on tax dodgers. READ  

RECEIVE OUR NEWSLETTER AND ALERTS
Business & Money
Latest forecasts for Swiss economic growth turn less bullish
Sport
Formula One legend Schumacher to continue treatment at Swiss home
National
Former federal planning official calls for nine Swiss cantons
Features
The Local gets the lowdown on mushroom picking in Switzerland
National
Virgin boss Richard Branson's son rescued from peak of Matterhorn
National
Swiss President Didier Burkhalter's commute turns Twitter sensation
Features
High-tech cameras give dizzy view of Eiger's north face (VIDEO)
Politics
Baden municipal council strips 'nude selfies mayor' of duties
Business & Money
Switzerland stays atop competitiveness table for sixth year
National
Federal parliament secretary agrees to step down over nude selfies
Sponsored Article
Car insurance made easy online with St Bernard
National
Swiss residents pick Swedes as ideal European soul mates: survey
National
Zurich officials call project to move prostitutes to 'sex boxes' a success
National
Swiss gays recognized as parents of child born to surrogate mother
Health
Increase in mountain bike accidents keeps Swiss hospitals busy
National
Swiss policeman belatedly honoured for saving Jews from Holocaust
National
'Suicide tourists' to Switzerland double in three years: study
National
Swiss Post SMS scheme gets stamp of approval after pilot project
Business & Money
American tax evasion crackdown hits Swiss private banks' bottom line
Politics
Woman accuses Swiss politician in nude selfies scandal of lying
National
Villagers in Graubünden valley reject hydro plant to protect vultures
Business & Money
Court rules against appellation for absinthe from Neuchâtel valley
National
Two hundred passengers rescued after landslide derails Swiss train
Travel
Switzerland remains world champion for per capita train travel
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