Switzerland Business News

The LHC pushed the energy of its particle beams beyond one trillion electron volts, making it the world's highest energy particle accelerator. The previous record was held by the Tevatron particle accelerator in Chicago. Officials say it is another milestone...

African countries are ready to conclude the Doha Round on the basis of current proposals, but warn against any attempt to renegotiate them at the seventh ministerial conference of the World Trade Organisation (WTO) that opens in Geneva today. Meanwhile,...

The strategy presentation arrived on the same day that the Swiss government revealed the criteria for handing over the names of 4,450 UBS clients suspected of tax evasion to the United States tax authorities. The bank said it hopes to...

The IRS yesterday said more that 14,700 Americans had been attracted to an amnesty program in recent months and disclosed their secret foreign bank accounts -- many more than had been attracted to a previous IRS program. And the reason,...

The latest UBS results revealed the enormity of the task the bank faces to restore credibility as wealthy clients continued to take their assets elsewhere. Despite downsizing, reducing exposure to risky assets and completely revamping its leadership structure, UBS appears...

ING's Swiss activities have some €10bn in assets under management . Talks are continuing on finding a buyer for the bank's Asian private banking activities, ING said. The sale is the latest step by ING to slim down after getting...

Novartis will share responsibility to develop the drug, called PTK 0796, with privately held Boston, Massachusetts-based company Paratek Pharmaceuticals...Citi currently expects first sales in 2013 and sees Novartis expanding the clinical trials programme to include other diseases like community...

The talks come days after failure of renewed negotiations between India's Bharti Airtel [ Get Quote ] and South Africa's [ Images ] MTN...The deal is expected to be a multi-billion dollar transaction. Speaking on the sidelines of an International...

top mobile operator Bharti Airtel's shares were down 9.1 per cent at Rs 363.80, having fallen as much as 10 per cent. Reliance Communications fell 12.1 per cent to Rs 263.95 in a Mumbai market down just 0.6 per cent....