• Switzerland edition
 
UBS pays €1.1-billion bail in French 'tax fraud' case
Photo: UBS

UBS pays €1.1-billion bail in French 'tax fraud' case

Swiss banking giant UBS has made a €1.1-billion ($1.4-billion) bail payment for allegedly helping rich French clients to hide money in Switzerland, a lawyer for the bank said on Tuesday. READ  

UBS offers share swap for new holding company
Photo: Martin Abegglen

UBS offers share swap for new holding company

Switzerland’s largest bank UBS is setting up a holding company to allow its operations to be broken up more easily in the event of a financial crisis. READ  

Roche touts new breast cancer drug success
Photo: Roche

Roche touts new breast cancer drug success

A drug developed by Swiss giant Roche to treat an aggressive form of breast cancer has been shown to extend patients' lives by almost 16 months, researchers say. READ  

Adecco shares drop on European jobs warning
Photo: AFP

Adecco shares drop on European jobs warning

The world's largest temporary work agency, Zurich-based Adecco, on Wednesday warned that economic uncertainty in Europe meant companies were hiring fewer employees. READ  

Swiss residents top world financial wealth list
The high life in Geneva: report notes growing inequaiity of incomes in Switzerland. Photo: Allianz

Swiss residents top world financial wealth list

Swiss residents remain the wealthiest people in the world on a per capita basis, according to a report released on Tuesday that also maintains they are the most indebted on the planet. READ  

French court upholds €1.1-billion UBS bail
Photo: Martin Abbegglen

French court upholds €1.1-billion UBS bail

A French court on Monday upheld a 1.1-billion-euro bail payment owed by Swiss bank UBS for allegedly helping rich French clients to hide money in Switzerland. READ  

Richemont shares drop on sluggish sales figures
Photo: Richemont

Richemont shares drop on sluggish sales figures

Shares in Geneva-based Richemont, number two in the luxury products world after LVMH, fell on Wednesday after the group reported falling sales in Asia. READ  

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  

RECEIVE OUR NEWSLETTER AND ALERTS
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Zurich officials call project to move prostitutes to 'sex boxes' a success
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Swiss gays recognized as parents of child born to surrogate mother
Health
Increase in mountain bike accidents keeps Swiss hospitals busy
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