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Crisis in rear-view mirror as Geneva motor show revs up

Crisis in rear-view mirror as Geneva motor show revs up

1 March 2015   0 comments
The front end of McLaren's brand new P1 GTR seems to form a knowing smirk, a pointer perhaps towards the race-track ready motor powering this $2 million dream car.It is one of 90 sleek never-before-seen...

Businessman charged with defrauding billionaire AS Monaco ow... 28 February 2015

A prominent Swiss businessman was on Saturday charged in connection with an alleged art fraud targeting Russian oligarch and football club owner Dmitry Rybolovlev.Yves Bouvier, who faces charges of fraud...

One billion young at risk of hearing loss from loud music: W... 27 February 2015

More than one billion young people risk damaging their hearing through listening to loud music, the World Health Organization (WHO) said on Friday.The WHO estimates that around half of those between the...

Novartis Japan hit with suspension over side-effect reportin... 27 February 2015

Japanese health authorities said Friday that they have ordered the local unit of Swiss pharmaceutical giant Novartis to temporarily suspend its operations for failing to report drug side effects.The health...

Glencore cuts Australian coal output on weak demand, supply... 27 February 2015

Mining and commodities giant Glencore Xstrata Friday said it was reducing its coal production in Australia by 15 million tonnes amid weak global demand and oversupply.It is understood that up to 120 jobs...

Coutts' Swiss bank under German tax evasion probe

26 February 2015
German prosecutors are investigating the Switzerland-based private banking arm of Coutts for allegedly helping clients avoid tax, British parent company the Royal Bank of Scotland (RBS) said on Thursday.Coutts,......

Businessman held for 'defrauding' billionaire AS Monaco owne...

26 February 2015
A prominent Swiss businessman and two other people have been detained in Monaco on suspicion of defrauding Russian oligarch and football club owner Dmitry Rybolovlev.Art businessman Yves Bouvier is suspected......
British Embassy in Berne reminds tourists to stay safe

British Embassy in Berne reminds tourists to stay safe 26 February 2015

The British Embassy in Berne has launched a consular prevention campaign to help British travellers keep their belongings safe while in Switzerland.

EU asks WTO to help settle trade dispute with Russia 26 February 2015

The European Union said Thursday it had asked the World Trade Organization to help settle a dispute with Russia over "excessive import duties" on refrigerators and other products.The wrangling is the...

Montblanc to sell $4,400 pen made of Japan 'miracle pine' 26 February 2015

Luxury marque Montblanc is to sell fountain pens made from a "miracle pine" tree that survived the 2011 tsunami, for a hefty $4,400, an official said, with just 20 percent of takings donated to local...

HSBC bosses say sorry for 'unacceptable' practices after tax... 25 February 2015

HSBC bosses on Wednesday apologised for "unacceptable" failings at the banking giant's Swiss division when they were grilled by British MPs over allegations it had helped rich clients dodge taxes.Chief...

British MPs grill HSBC bosses over tax-dodging scandal 25 February 2015

HSBC bosses on Wednesday apologised for "unacceptable" failings at the banking giant's Swiss division when they were grilled by British MPs over allegations HSBC helped rich clients dodge taxes.Chief...

UN rights chief urges Myanmar to halt abuses, 'get back on t... 25 February 2015

The United Nations human rights chief warned Wednesday that widespread abuses of minority rights in Myanmar threatened to undermine reforms in the country."Myanmar had promised to end the era of political...

Kerry to address UN rights council in Geneva Monday: UN 25 February 2015

US Secretary of State John Kerry will address the UN Human Rights Council in Geneva next week, the UN said Wednesday, confirming he will be in Switzerland as new Iran nuclear talks kick off."We have just...

WHO seeks $1 bn more for four conflict-hit countries 24 February 2015

The World Health Organization on Tuesday appealed for $1.0 billion in additional funds to help provide life-saving health services to millions in need in conflict-ravaged Syria, Iraq, Central African...

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