Swiss watch exports hit record $21 billion

Swiss watch exports hit record $21 billion

Swiss watch exports shrugged off the impact of a strong franc to hit a record 19.3 billion francs ($21
billion) in 2011, the Federation of the Swiss Watch Industry said on Thursday.

placeholder image

Mining mammoths mull massive merger

The Swiss mining company Xstrata said on Thursday raw materials giant Glencore is seeking a blockbuster merger that could create the industry's third largest player.

placeholder image

Accidents abound on icy Swiss roads

Snow and icy conditions have caused chaos on Swiss roads, with cars and trucks overturning up and down the country.

EU envious of US Swiss secrecy success

EU envious of US Swiss secrecy success

The EU has been watching the success of the US attacks on Swiss banking secrecy with envy and hopes now to make progress on its own tax deal with Switzerland.

How to choose the best health insurance for you
PARTNER CONTENT

How to choose the best health insurance for you

When choosing health insurance, many of us focus too much on cost, and not enough on what we're buying. Here's your guide to seeing past the glossy brochures.

placeholder image

‘Asylum centre in Schmidrüti: No thanks!’

Residents of a quiet hamlet in northern Switzerland are up in arms over the government’s plans to convert a disused missile base into an asylum centre.

placeholder image

France can’t use stolen bank data for searches

France's highest appeals court has ruled that, due to the data's illicit origin, authorities may not conduct searches based on a list stolen by a banker in Geneva of 3,000 people suspected of tax evasion.

placeholder image

Ex-Credit Suisse bankers guilty of mortgage fraud

Two former Credit Suisse executives on Wednesday pleaded guilty to falsely inflating subprime mortgage-related bond prices as the US housing market tanked, authorities said.

placeholder image

Philippine search fails to find abducted Europeans

Philippine authorities said Thursday they had failed to find two European birdwatchers, including Swiss national Lorenzo Vinciguerra, in the crucial 24 hours after their abduction and warned Islamic militants may be holding them.