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Dufry to buy Italy's WDF to create duty-free giant

Dufry to buy Italy's WDF to create duty-free giant

Switzerland's Dufry group will acquire a majority stake in chief rival World Duty Free (WDF) in a $3.8 billion (3.6-million-euro) deal to create the biggest travel retailer in the world. READ  

Geneva-based UBP acquires Coutts business
Photo: AFP

Geneva-based UBP acquires Coutts business

Swiss family-owned bank Union Bancaire Privée (UBP) announced on Friday that it is acquiring the Royal Bank of Scotland's international private banking and wealth management business. READ  

Switzerland lags behind for internet biz: UN
Image from information economy report. Photo: UNCTAD

Switzerland lags behind for internet biz: UN

Switzerland is relatively plugged into e-business conducted on the internet but it still lags behind Scandinavian countries, Canada, Australia, South Korea and other countries when it comes to ease of online shopping, a UN report released on Tuesday said. READ  

Ex-Greek minister tampered with bank data
Photo: Liana Bitoli

Ex-Greek minister tampered with bank data

Former Greek finance minister George Papaconstantinou was handed a suspended one-year prison sentence on Tuesday after being found guilty of tampering with a Swiss bank list, a court source said. READ  

Ethical Coffee Company aims to beat Nespresso
Photo: Ethical Coffee Company

Ethical Coffee Company aims to beat Nespresso

The Ethical Coffee Company (ECC) has launched a campaign in Geneva vowing to overtake Nespresso in Swiss coffee capsule sales in three years. READ  

Tag Heuer announces plans for smartwatch
Tag Heuer Director General Guy Semon, company CEO Jean-Claude Biver, Intel's Michael Bell and Google's Dave Singleton announce plans. Photo: Fabrice Coffrini/AFP

Tag Heuer announces plans for smartwatch

Luxury Swiss watchmaker Tag Heuer announced on Thursday that it was joining forces with technology behemoths Google and Intel to develop a smartwatch that can compete with the new Apple Watch. READ  

Baselworld timed to start amid tough conditions
Photo: Baselworld

Baselworld timed to start amid tough conditions

Baselworld, the biggest watch show in the world, is timed to start on Thursday amid an uncertain atmosphere for Switzerland’s watchmakers.
 READ  

Swiss release portion of frozen Petrobas funds
Petrobras logo on building in Rio de Janeiro. Photo: AFP

Swiss release portion of frozen Petrobas funds

Swiss judicial authorities said on Wednesday that they have released $120 million (113 million euros) of frozen funds linked to the devastating corruption scandal at Brazilian state oil giant Petrobras. READ  

Swiss to return Nigerian ex-dictator's assets
Former Nigeria leader Sani Abacha. Photo: AFP/File

Swiss to return Nigerian ex-dictator's assets

Switzerland will return to Nigeria some $380 million linked to ex-dictator Sani Abacha, Geneva's public prosecutor's office said on Tuesday, adding that it was closing a 16-year case on the funds. READ  

Swiss to avoid recession this year: Credit Suisse
Photo: Credit Suisse

Swiss to avoid recession this year: Credit Suisse

Despite the negative impact of the strong franc, Switzerland should be able to avoid a recession this year “thanks to the robust situation of the global economy,” Credit Suisse said in a report issued on Tuesday. READ  

Europe's tallest hotel pitched for Swiss village
Rendering of unsuccessful proposal for Vals hotel tower submitted by Norwegian architectural firm Jensen & Skodvin. Photo: MIR

Europe's tallest hotel pitched for Swiss village

The owner of a thermal spa in Vals, a mountain village in the canton of Graubünden, has sparked controversy with a proposal to build the tallest skyscraper in Europe to house a luxury hotel at an estimated cost of 200 million francs. READ  

Holcim seeks changes in cement mega-merger
Photos: AFP

Holcim seeks changes in cement mega-merger

Cracks appeared on Monday in a deal to create the world's biggest cement company, with Swiss group Holcim seeking a modification of the merger with French giant Lafarge. READ  

France told to put HSBC private bank on trial
Photo: AFP

France told to put HSBC private bank on trial

The prospect of HSBC’s Swiss Private Bank facing a criminal trial in France over an alleged tax-dodging scheme became more of a reality on Friday after the state prosecutor advised magistrates to proceed. READ  

Death threats sent to Geneva bank managers
Geneva cantonal bank headquarters. Photo: BCGE

Death threats sent to Geneva bank managers

Management from several banks in Geneva have received death threats in letters mailed anonymously last month, according to a newspaper report. READ  

Adecco reports higher profits for 2014
Photo: AFP

Adecco reports higher profits for 2014

Zurich-based Adecco, the world’s largest temporary staffing company, on Wednesday reported a 14 percent rise in profits in 2014 from the previous year. READ  

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Features
Six steps for expats to get along better with the Swiss
Business & Money
Ethical Coffee Company aims to beat Nespresso in home market
National
Use of temporary staffing continues to rise in Switzerland
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National
Swiss foreign affairs minister touted as candidate for top UN job
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One of Switzerland's most celebrated artists dies in Lucerne at 106
Business & Money
Swiss luxury brand Tag Heuer announces plans for smartwatch
National
Valais lights up 13 mountain peaks for 200th anniversary
Business & Money
Switzerland to avoid recession this year: Credit Suisse forecast
Business & Money
Europe's tallest hotel pitched for Swiss mountain village
National
Exlusive interview: surviving Swiss cousin remembers Anne Frank
National
New Credit Suisse chief executive 'offers hope for Africans'
Features
Top tips to help you find an apartment in Switzerland
Business & Money
American expat to make way for African as Credit Suisse CEO
National
Rising Swiss gender pay gap above European Union average
National
Political deal reached to enact Swiss holiday home restrictions
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Optimism drives this year's Geneva International Motor show
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Robust Swiss economy beats forecasts for 2014: government
Sport
Federer scores upset win against Djokovic for seventh Dubai title
National
Swiss train in collision near Zurich ignored stop signal: SBB
Technology
Switzerland best in world for per capita European patent filings
Education
New EPFL building to showcase art and science 'under one roof'
National
Same-sex marriage supported by most Swiss: opinion polls
National
New study finds Switzerland is world's best place to retire
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Army official calls for Swiss women to undergo military training
National
New Swiss health campaign combats smoking as 'norm' for too many
Culture
Abba star Frida records song about first ascent of the Matterhorn
National
Swiss federal government unveils EU immigration quotas bill
Business & Money
HSBC Swiss private bank revelations 'tip of iceberg': whistleblower
Business & Money
FATCA: 'The age of financial privacy is over'
National
Phil Collins' paralyzed ex-wife files lawsuit after Swiss complications
Culture
Gauguin on display in Basel touted as 'most costly painting ever'
Business & Money
Swiss Leaks: HSBC Swiss private bank 'catered to terrorists and crooks'
International
What's keeping British expats in Europe from voting in UK elections?
Business & Money
Trade balance bulges as Switzerland smashes record for exports in 2015
National
Swiss town's ploy against workers living in Italy 'not racist'
National
Architects propose skyscrapers for new Geneva 'urban centre'
Culture
Renowned Israeli conductor dies during symphony in Lucerne
International
Population of Swiss citizens abroad continues to expand
National
Vaud property salesman jailed over costly gambling addiction
National
Right-wing group seeks citizens' vote for national face veil ban
Health
Swiss doctors 'worst' for leaving foreign objects in patients
Features
Anglophone expats in Switzerland mine creativity to earn crust
National
Number of 'immigrants' swells to third of Swiss population: report
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