India's finance minister on Wednesday said New Delhi will receive information from Swiss authorities on Indian nationals who have stashed funds in secret bank accounts in the country.
Switzerland ushered in a new government on Wednesday, with its popular finance minister and new president successfully fending off attempts by a far-right party to claim a second cabinet seat.
Telecoms firm Swisscom said on Wednesday it expected a drop in profit this year of 1.2 billion Swiss francs ($1.3 billion) owing to its struggling Fastweb subsidiary in Italy amid tough economic conditions.
ATM scammers in Switzerland have begun using the so-called 'cash-trapping' method to steal money from customers without them realizing they've been duped.
Authorities in Zurich and Winterthur have recorded 13 accidents on crosswalks in just one month, leaving one woman dead and 12 others injured, some of them seriously.
The liquidator of the Madoff pyramid scheme case is seeking $375 million from Credit Suisse to be used to repay investors duped of billions of dollars in the scandal.
Switzerland's parliament is set to elect a new government cabinet on Wednesday, with the far-right Swiss People's Party (SVP) eager to boost its presence on the seven-member Federal Council.