Spotlight falls on shadier tax evasion scams
The murky and sophisticated world of tax avoidance has been glimpsed in the details of a treaty to turn over UBS bank clients to the United States authorities.
UBS clients who used sham shell companies, disposable mobile telephones and credit cards to funnel cash into Switzerland will also come under the scrutiny of the Internal Revenue Service (IRS). ...»
November 19, 2009 - 1:57 PM
Gold expected to retain its shine
The surge in the price of gold is likely to continue, in the face of a weakening dollar and the threat of hyper-inflation in the United States. ... »
November 17, 2009 - 9:29 PM
"New" UBS unveils strategic rebranding
Battered bank UBS has attempted to slip free from an avalanche of negative figures and bad publicity by announcing details of its new path to anticipated recovery. ... »
November 11, 2009 - 9:29 PM
Pay restrictions imposed on financial community
Switzerland's financial regulator will enforce new regulations on pay and bonuses for the country's largest banks and insurance companies from next year. ... »
November 16, 2009 - 2:02 PM
Google faces court action over Street View
Internet giant Google is facing legal action in Switzerland over its failure to meet demands for better privacy protection in its Street View service. ... »
November 7, 2009 - 10:24 AM
Consumers take on sunnier outlook
A surprising upswing in consumer confidence may be premature given the steadily rising unemployment rate and gloomy company forecasts, economists believe. ... »
November 6, 2009 - 9:56 PM
Balkan businesses may hold key to stable future
The western Balkans are still not as prosperous as before the wars of the 1990s, but sweeping reforms are starting to make the region more interesting for investors. ... »
November 6, 2009 - 2:33 PM
South Korea investigates Roche and Novartis
Authorities in South Korea have raided the Seoul office of Swiss pharmaceutical company Roche for alleged involvement in illegal sales of its swine flu drug Tamiflu. ... »
November 3, 2009 - 9:45 PM
Battered image continues to haunt UBS
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. ... »
October 31, 2009 - 6:44 PM
High-tech radar sounds out snowfall
Perched on a mountain top in the resort of Davos is a state-of-the-art radar which, as winter sets in, should help gauge exactly how much snow is falling in the area. ... »
October 29, 2009 - 4:54 PM
Technology opens cracks in Swiss defence
A high-tech Swiss army project has been put on hold amid fears that it may become obsolete before it can be implemented. ... »
October 28, 2009 - 12:13 PM
Italian bank raids complicate relations
Switzerland's media have expressed dismay at Italian raids on branches of Swiss banks but said they are proof the country remains under extreme pressure on taxes. ... »
QUICKLINKS
- FDEA - Federal Department of Economic Affairs
- FDF - Federal Department of Finance
- SECO - State Secretariat for Economic Affairs
- SwissCham - Swiss foreign trade chambers
- OSEC - Business Network Switzerland
- Economiesuisse - Organization representing the Swiss economy
- SNB - Swiss National Bank
- SWX - Swiss Exchange





