Sending money abroad? Time to ditch your bank
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Sending money abroad? Time to ditch your bank

If you’re an expat who uses your bank to transfer money abroad, you’ll know that extortionate fees and bad exchange rates can leave a big hole in your pocket. Using a currency specialist can cut these costs dramatically. Here is how.

Hooray For Helvywood: knowing Switzerland through its films

Hooray For Helvywood: knowing Switzerland through its films

With the 2011 edition of the Locarno Film Festival soon to get under way, contributor Robert La Bua casts a cinematic eye at Switzerland's oft-overlooked celluloid exploits.

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Daughter admits to planning father’s killing

The 21-year-old woman who killed her father and seriously injured her mother on Tuesday said she had planned the murder beforehand. She said he had verbally abused her for years.

 

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Justice minister wants more internet monitoring

Swiss Justice Minister Simonetta Sommaruga wants to expand the government's ability to monitor people's online activities. The plans have been harshly criticized by other politicians and the internet sector.

 

French speakers are the most patriotic Swiss

French speakers are the most patriotic Swiss

People living in French-speaking parts of Switzerland are more patriotic than those who speak German, according to a new survey. But for 80 percent of Swiss, the national holiday on August 1st is important.

 

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Foetuses operated on in mothers’ wombs

For the first time in Switzerland, foetuses have been operated on while they were still inside their mothers' wombs, the University Children's Hospital in Zürich reported on Thursday.

 

Credit Suisse to cut 4% of staff worldwide

Credit Suisse to cut 4% of staff worldwide

Swiss banking giant Credit Suisse said on Thursday that thousands of jobs would go after it reported a 52 percent plunge in second quarter profit due to the European debt crisis and global economic uncertainties.

Swatch reports record first-half profit and sales

Swatch reports record first-half profit and sales

The world's biggest watch group Swatch said on Thursday its first half net profits soared 24.5 percent to 579 million francs ($722 million), setting a fresh record for the company.

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US sues UBS over dodgy subprime securities

A US housing regulator filed a $900 million lawsuit against Swiss bank UBS on Wednesday over risky mortgage-backed securities it sold to mortgage giants Fannie Mae and Freddie Mac.