Swiss court OKs transfer of banking documents to Iran in airplane corruption case 01/05/2008
Switzerland may hand over banking documents to Iran in a corruption probe into a failed attempt by Iran to buy an Airbus six years ago, a Swiss court ruled Wednesday.
Denmark ranks best for business 06/05/2008
New research reveals Denmark as the best place in the world to conduct business over the next five years.... read more
World Jewish Congress wants Swiss to cancel Iranian gas deal 01/05/2008
The president of the World Jewish Congress said Tuesday he wanted Switzerland to cancel a multibillion-dollar Swiss-Iranian natural gas deal because it threatens Israel and the US.... read more
Clariant net profit halves to US$39.6 million in first quarter but investors optimistic 01/05/2008
Specialty chemicals company Clariant AG on Wednesday reported a 52 percent drop in first-quarter net profit to SFR41 million, but shareholders appeared optimistic... read more
Weekly market review around the world: 20-25 April 29/04/2008
Markets generally saw another good week, with small gains in Europe and the UK complemented by large gains in Asia, particularly China.... read more
Market review around the world 23/04/2008
The financial week of 13 – 18 April saw euro soar to record highs and was US market’s best week ever since the start of 2008.... read more
SNB offers new injection of USD 6 billion 18/04/2008
The Swiss National Bank will offer up to USD 6 billion in short term credit to ease strains in financial markets.... read more
Swiss company opens multimillion-dollar research centre in China 17/04/2008
The research and technology centre of Syngenta will help to develop genetically modified crops.... read more
Roche buys British biotech firm Piramed 15/04/2008
The Swiss drugs maker is paying CHF 159.5 million for the takeover of the British firm.... read more
Incoming UBS head wants to maintain integrated business model 14/04/2008
Swiss bank to stick to its integrated business model despite massive writedowns, says Kurer.... read more
Olivant presses for outsider to head UBS 08/04/2008
The former chief executive of the stricken banking giant calls nomination of the new chairman a hasty process.... read more
Novartis buys 25-percent stake in Alcon 07/04/2008
Swiss pharmaceutical maker is buying one-quarter of the eye-care company, with an option on a further 52 percent stake in a deal potentially worth CHF 39.5 billion.... read more
Ex UBS boss questions bank's strategy 04/04/2008
In a letter published on Friday, former UBS head casts doubt on the bank’s reorganisation plans and choice of new chairman.... read more
UBS head to step down as losses continue 01/04/2008
Ospel will not seek re-election in coming weeks, while Swiss biggest bank will raise further capital of CHF 15 billion as a result of unexpected losses.... read more
UBS hit badly by financial crisis 01/04/2008
Banking giant expects writedowns of CHF 12 billion in the first quarter... read more
Bosnia and Switzerland to boost economic ties 28/03/2008
Economic cooperation between both countries should significantly improve, says their foreign ministers on Thursday... read more
more archive
- Swiss Life posts 43 percent jump in full-year profit despite some writedowns: Insurer company said profit rose a record 43 percent in spite of minor losses incurred from the U.S. mortgage crises...
- Europe : EADS to consider ways to limit foreign ownership: Key shareholders in European aerospace giant EADS are to consider a move that would prevent foreign investors from acquiring more than a 15 percent stake...
- Credit Suisse sacks traders over "mispricing": Credit Suisse, Switzerland's second biggest bank, said it had sacked a number of traders Thursday for "intentional misconduct," namely pricing errors....
- Russia detains two US citizens on espionage charges: Russia's secret service said Thursday it had detained two US citizens, one an employee of oil firm TNK-BP, on charges of industrial espionage after a raid of the company's headquarters, Interfax news agency reported....
- British bank in meeting to "reassure" markets: The chief executives of Britain's major banks are due to meet Bank of England governor Mervyn King Thursday to discuss measures to reassure financial markets....
- Israel summons Swiss ambassador over energy deal with Iran: Israel summoned Swiss Ambassador Walter Haffner to its Foreign Ministry offices in Jerusalem Wednesday, protesting an energy deal Switzerland signed with Iran....
- Big six banks have lost EUR 36.7bn since August: Spain's six largest banks have lost almost a fifth of their stock market value since the subprime crisis and ensuing international credit crunch began....
- Iran signs gas deal with Switzerland: Iran on Monday signed a gas deal with Switzerland through the Swiss company Elektrizitaets-Gesellschaft Laufenburg....
- Fed faces crucial week for US banks, economy: With financial markets in turmoil and speculation that the US economy may have already entered a recession, the US Federal Reserve has been at the centre of it all....
- Fed's move sends euro, oil, other commodities soaring: The euro soared to new highs Monday after the US Federal Reserve moved to cut its key rate and ease lending, with the single European currency passing the mark of 1.59 dollars....
- Bank Julius Baer drops lawsuit against Wikileaks site that prompted free speech protests: A Swiss bank quietly dropped its lawsuit against renegade Web site Wikileaks.org on Wednesday, days after a judge reversed his order to disable the site for posting confidential bank documents....
- Swisscom reports full-year net profit rose 29% to US$2 billion: Swisscom AG said Wednesday that the repurchase of a minority stake in its mobile unit helped boost full-year net profit by 29%....
- Adecco reports 29% drop in quarterly profit, warns of US market difficulties: Staffing company Adecco SA on Tuesday reported a 29 %drop in fourth-quarter net profit and warned of continued market difficulties in the United States....
- EU finance ministers set for battle over Liechtenstein tax rules: The European Union's finance ministers were Tuesday poised for battle over plans to crack down on tax dodgers in European tax havens such as Liechtenstein....
- EU ministers to discuss plans to crack down on tax havens: The European Union's finance ministers were expected to discuss Germany's wish to clamp down on European tax havens such as Liechtenstein on Monday and Tuesday....
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- Take a Salsa Holiday in Turkey in June. : Expatica and O'Dance Events presents a wonderful summer holiday in Belek, Turkey, in June
- Eurosceptics up in arms over ”Jurassic lark” : Eurosceptic MP David Heathcoat-Amory reacted angrily after the EU officially sanctioned a proposed project to recreate the egg of the Dodo, extinct 300 years before the union was formed.
- Koran film by Dutch Islam critic is launched on the internet : The film Fitna - critical of the Koran and made by controversial MP Geert Wilders, one of the Netherlands' most outspoken Islam critics - has been put on the internet
- Germans talk more openly about wartime suffering : Chancellor Angela Merkel's government gave the go-ahead for a center recalling the expulsion of millions of Germans from Central Europe after World War II.
- Obama Wins Democrats Abroad Global Primary : Online voting successfully enables American Democrats worldwide to participate.
- EU - Kosovo bonds with US, EU powers on day one of independence : Newly-independent Kosovo moved quickly to seal diplomatic relations with Britain, France, Turkey and the United States
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- Dutch nudists get their own fair European nudists can discover the latest trends at a new nudists' fair to be held twice a year in Spaarnwoude, a small village near Haarlem in the north-west of the Netherlands....
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internaxx
| Index | Last | Var.(%) |
|---|---|---|
| BEL 20 | 3826.91 | -1.19 |
| DAX | 7003.17 | -0.97 |
| IBEX 30 | 13945.1 | -0.92 |
| CAC 40 | 4960.56 | -1.88 |
| FTSE 100 | 6204.7 | -1.05 |
| AEX | 480.4 | -0.87 |
| DJIA | 12745.88 | -0.94 |
| Nasdaq | 2445.52 | -0.23 |
| MIB 30 | 34432 | -1.07 |
| TSX Composite | 14521.19 | -0.59 |
| ASX | 5844.4 | 0.75 |
| Hang seng | 25063.17 | -1.52 |
| Straits Times | 3162.03 | -0.31 |
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