UBS suspends traders amid probe: report

UBS suspends traders amid probe: report

Switzerland's largest bank UBS has suspended several traders in connection with an international inquiry into the suspected manipulation of interbank borrowing rates, a report said on Thursday.

Shocked flock: Who’s peeing in our font?

Shocked flock: Who’s peeing in our font?

A mystery person has been urinating in the holy water at the Church of the Sacred Heart in Davos.

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Girlfriend and wife to get payout in landmark case

A landmark ruling determined on Wednesday that the unmarried partner of a dead person may be entitled to damages for pain and suffering, even where the deceased was already married to somebody else.

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Roche issues counterfeit drug warning in US

Counterfeit versions of the cancer-fighting drug Avastin have been discovered in circulation in the United States, public health officials and the Swiss pharmaceutical company Roche warned
Wednesday.

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ABB sees profits soar

Swiss engineering giant ABB on Thursday reported a 24 percent rise in net profit for 2011 to $3.2 billion while forecasting a tough start to 2012.

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Swiss to close embassy in Syria

Switzerland on Wednesday said it was closing its embassy in Damascus and urged its nationals to leave Syria "as quickly as possible".

Nestle prepares for tough 2012

Nestle prepares for tough 2012

The world's biggest food company Nestle on Thursday posted forecast-beating 2011 net profit of 9.5 billion francs ($10.26 billion), but warned that 2012 would be tough.