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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.

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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

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