Swiss franc gains against euro

Swiss franc gains against euro

The Swiss franc rose further against the euro on Monday despite last week's decision by the central bank to maintain its cap on the exchange rate.

Readers flee Basel daily after Blocher takeover

Readers flee Basel daily after Blocher takeover

The Basler Zeitung has lost more than 1,000 subscribers in a single week after it was revealed that the paper is owned by the family of far-right Swiss People's Party (SVP) deputy leader Christoph Blocher.

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US offers Switzerland tax row deal: report

American authorities have said they will lift the threat of criminal proceedings against eleven Swiss banks if they agree to reveal full details about their US offshore businesses, newspaper SonntagsZeitung reports.

FIFA threaten Switzerland ban if Sion unpunished

FIFA threaten Switzerland ban if Sion unpunished

Football's world ruling body FIFA has threatened to ban the Swiss Football Association if it fails to impose a transfer ban on the club by January 13th.

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Switzerland to unfreeze Libyan bank assets

Switzerland will release the assets of the Central Bank of Libya and its subsidiary, the Libyan Foreign Bank "as soon as possible", a government spokeswoman said on Saturday.