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Business & Money - The Local

UBS fined $15m for misselling investments
File photo: Martin Abegglen

The Swiss private banking giant is accused of selling risky derivative investments to inexperienced investors in the US.

Switzerland still world’s ‘most competitive’ nation
Switzerland: still enjoying the view from the top. File photo: Robert Boesch

Switzerland has topped the World Economic Forum’s annual competitiveness ranking for the eighth consecutive year.

France demands 45,000 Swiss accounts in tax hunt
Photo: AFP

France is tracking down UBS account holders.

Swiss traders accused of selling toxic fuel to Africa
File photo: Puis Utomi Expei/AFP

European traders are exploiting weak African fuel standards by selling toxic diesel and gasoline across the continent, a campaign group has said.

Swiss firm takes hit despite Brexit boost
Richemont owns brands including Vacheron Constantin. Photo: Richard Juilliard/AFP

Swiss luxury goods giant Richemont, which owns top global brands like Cartier, has warned that weak demand and restructuring costs would slash first-half profits despite a boost in UK sales from Brexit.

Swiss bank could slash London jobs over Brexit
Sergio Ermotti, head of UBS, made the comments in an interview. Photo: Michael Buholzer/AFP

UBS boss Sergio Ermotti said up to 30 percent of the bank's London workforce could be axed.

Swiss cantons sign up to fight gender pay gap
File photo: Marcel Grieder

Women earn up to 22 percent less than men in Switzerland.

Former UBS banker charged with selling client data
File photo: Martin Abegglen

Switzerland charges man with allegedly selling German authorities the files of wealthy clients suspected of tax evasion.

Elderly Italian on benefits stashed €1m in Swiss bank
File photo: Peter Linke

The 80-year-old is being investigated after claiming benefits in Italy for 12 years.

US approves Chinese mega deal with Swiss company
The chairmans of ChemChina and Syngenta met in February to discuss the deal. Photo: Michael Buholzer/AFP

ChemChina's takeover of Syngenta would be by far the biggest-ever overseas acquisition by a Chinese firm.

Nespresso inventor says wife and Rome cafe inspired 'pod'
A trained rocket engineer, Favre joined Nestle's packaging department in 1975. Photo: AFP

Had Eric Favre not married an Italian woman, it's possible none of us would be drinking Nespresso.

Nestle optimistic despite dip in profits
Nestle's headquarters in Vevey. Photo: Nestle

The Vevey-based company sees profits fall 9.1 percent.

Swiss pharma in hot water over South Korea violations
The Novartis building in Basel. Photo: Fabrice Coffrini/AFP

Company executives were charged with offering illegal discounts to doctors, according to reports.

Transparency row drives pair to quit Panama Papers unit
Pieth (L) and Stiglitz (C) with Panamanian President Juan Carlos Varela. Photo: AFP

"How could you have a committee on transparency that itself was not going to be transparent?"

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7 tips for learning Swiss French
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Geneva airport bomb hoaxer faces 90,000-franc bill
Photo: Schaffhausen police
Mother leaves toddler son alone in car to go clubbing
Photo: Fabrice Coffrini/AFP
Swiss populist attacked by knife-wielding pensioner
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Bern argues over passports for 3rd generation foreigners
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Muslim pupils must shake hands – ‘no ifs and buts’
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Swiss ‘slave children’ to finally get compensation
Photo: Jan Geerk/Swiss-image.ch
Zurich named ‘greenest’ city on the planet
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Brawl over seats forces Swiss to abort flight
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Research shows typical Swiss chalets ‘not actually Swiss’
Photo: AFP
Switzerland to get nationwide disaster alert system
Photo: S3
Swiss space firm boss left badly injured in violent attack
Photo: ETH Zurich
ETH Zurich crowned best uni in continental Europe – again
File photo: Martin Abegglen
Report: Swiss citizenship rules leave some stateless
Photo: Fabrice Coffrini/AFP
Fatal crash: pilot told to fly below safe altitude
Photo: Peter Linke
Business & Money
Elderly Italian on benefits stashed €1m in Swiss bank
Photo: Stuart Richards
Court sides with chickens in dispute over noisy henhouse
Photo: SAC
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Photo: David Abercrombie
Swiss politician arrested over illegal entry of migrants
Photo: Coiffure X
Chewbacca stolen in ‘terrorist attack’ on Swiss hair salon
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Foreigners in Switzerland surpass 2 million mark
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Expert predicts major quake for Switzerland by 2040
Photo: The Local
Geneva runs out of permits for non-EU workers
Photo:C Carlstead
Geneva advises teachers on religion in school
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