Swiss absinthe makers froth over CSI slur
Swiss distillers of absinthe are mortified by an American television crime drama show that depicts the high-octane spirit as a killer drink.
Day: January 25, 2012
Postal worker survives nightmare train accident
A Swiss Post employee was severely injured when a regional train dragged him for three kilometres after his arm became stuck between the sliding doors of a carriage.
Jagger snubs Davos over ‘political football’ row
Legendary rock star Mick Jagger is bowing out of a planned appearance at the World Economic Forum in Davos over concerns he was to be used for political purposes by Britain’s Conservative party.
Swiss return $1.8 billion in seized Arab Spring assets
Switzerland said on Tuesday it has returned nearly 1.7 billion francs ($1.83 billion) in illicitly placed assets to countries involved in the Arab Spring regime changes.
Swiss central banker sees franc weakening
The Swiss National Bank, which set an exchange rate floor against the euro of 1.20 francs to curb its spike in value, expects the franc to decline in the future, a board member said on Tuesday.
Roche in takeover bid for US firm Illumina
Swiss pharmaceuticals giant Roche announced on Wednesday it had launched a takeover bid for Illumina, a US company that specialises in life sciences.
Novartis profits down 7 percent in 2011
Swiss pharmaceutical group Novartis said on Wednesday its net profit dropped seven percent in 2011 to $9.2 billion.