Swiss Finance Minister Eveline Widmer-Schlumpf says a resolution may be not far off to end a long-running dispute with the United States over Swiss banks accused of helping wealthy Americans evade billions of dollars of taxes.  [...]

There have been surprise personnel changes at the top of the newly merged Glencore Xstrata commodities giant during its first annual general meeting in Zug on Thursday.  [...]

Mistrust in China after the death of several babies, along with an expanding population and growing middle class, has led to surging demand for Western baby milk formula, presenting both an opportunity and a challenge to Swiss manufacturers.  [...]

European Union finance ministers have given the green light to start talks with Switzerland, Liechtenstein and three other countries on new rules for swapping bank account information.  [...]

The total value of suspect assets reported to the Swiss Money Laundering Reporting Office (MROS) reached CHF3.15 billion ($3.3 billion) in 2012, close to the all-time high of 2011 which was driven by the financial fallout of the Arab Spring.  [...]

Swiss-Swedish engineering giant ABB has jolted the markets for a second time in five years by separating with a chief executive under unclear circumstances. Joe Hogan said on Friday he would step down when a successor could be found.  [...]

Brazil’s Roberto Azavedo, announced as the new Director-General of the World Trade Organization on Wednesday, is a savvy “dealmaker” but will face a host of challenges in his new position, says former Swiss WTO negotiator Luzius Wasescha.  [...]

Spain has ruled against extraditing a former HSBC employee to Switzerland, where he faces charges of stealing client banking data subsequently used by a number of European countries to pursue suspected tax evaders.  [...]

PostFinance is closing youth accounts from clients living abroad over fears it may have to hand over personal client data to foreign authorities to help crack down on tax dodgers.  [...]

Passage of the 1:12 initiative would be “a catastrophe” for commodities giant GlencoreXstrata and could lead the company to leave Switzerland, said the firm’s CEO, Ivan Glasenberg, in a Sunday interview with the SonntagsZeitung.  [...]

Egyptian property developer and billionaire Samih Sawiris is confident his first venture in Europe, the Andermatt Swiss Alps resort, will be a success. But there are question marks. swissinfo.ch visits Andermatt to see an extremely large work in progress.  [...]