Switzerland's central bank said Tuesday it would fight any appreciation of the already strong Swiss franc, which has in recent days edged closer to the bank's cap of 1.20 francs per euro.
Switzerland on Monday added 34 top Syrian military and interior ministry officials as well as pro-regime organisations to a travel ban list, as the United States closed its embassy in Damascus.
The world's biggest watch group Swatch said on Tuesday its net profits jumped 18.1 percent to 1.3 billion francs ($1.4 billion) in 2011 and it expected to sustain growth this year.
Raw materials giant Glencore and mining firm Xstrata announced a vast merger on Tuesday, creating a $90 billion group and a new powerhouse in the global commodities industry.
Madonna has announced her new tour dates, and confirmed that she will be playing the Letzigrund Stadium in Zurich on August 18th, 2012.
One hundred school pupils rose up on Monday in defence of their teacher, protesting his innocence in the freezing cold against allegations of abuse.
In future, Swiss banks may require their overseas customers to provide proof that any funds held in Swiss accounts have been taxed correctly in the client’s country of tax domicile.
Swiss banking giant UBS on Tuesday posted a net profit of 4.2 billion francs ($4.57 billion) for 2011, down 44 percent on the previous year, and forecast a tough first quarter due to the
Swiss prosecutors have launched a probe into alleged remarks by Turkey's EU affairs minister denying the Armenian genocide, a crime under Swiss anti-racism laws, ATS news agency said on Monday.