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US-Swiss tax treaty ratification delayed

Swiss parliamentarians on Wednesday delayed the ratification of a double taxation treaty with the United States, as they await a comprehensive deal with Washington that could prevent future tax
evasion probes.

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Soldier jailed for saying ‘bonjour’ to superior

A Swiss army soldier who greeted a colonel at the entrance to his barracks in Canton Wallis with a lively morning "bonjour" has been sentenced to four days in prison for his unsuitable greeting. 

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Woman gets 10 years in Swiss child torture case

A 27-year-old Swiss woman has been sentenced to ten years in prison after she killed a 4-year-old girl in a sect-like community in the Zurich highlands ruled with an iron fist by a man who believed he was Jesus.

Switzerland and Germany in key tax deal

Switzerland and Germany in key tax deal

German Chancellor Angela Merkel's cabinet on Wednesday approved a double-taxation deal with Switzerland that aimed to end a long-standing dispute over tax and banking secrecy.

US probes Swiss bank ZKB over tax evasion

US probes Swiss bank ZKB over tax evasion

Swiss bank Zürcher Kantonalbank said on Wednesday that it is being investigated by US justice for helping American citizens to evade taxes, local media reported.

UBS board meets as pressure mounts

UBS board meets as pressure mounts

Swiss banking giant UBS began a meeting of its board in Singapore on Wednesday as it faces increasing pressure from shareholders after being hit by a $2.3 billion rogue-trading scandal.

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Swiss court orders retrial of Nigerian dictator’s son

Switzerland's highest court on Tuesday ordered a retrial of Abba Abacha, the son of former Nigerian dictator Sani Abacha, who was charged by Geneva authorities for taking part in a criminal organisation.