Switzerland

Digitally building a piece of brain

 Scientists at the Swiss Federal Institute of Technology in Lausanne (EPFL), Switzerland, have been trying to digitally reconstruct a section of juvenile rat brain.

Oct 09, 2015, 20:51 PM IST

Black money: Swiss to publish first list of dormant assets in December

Having started making public the names of Indians and other foreigners with bank accounts that are under scanner, Switzerland will now publish in December a list of accounts that have remained unclaimed for 60 years.

Oct 04, 2015, 15:38 PM IST

Swiss authorities probe 7 banks for price fixing in metals market

Swiss competition authorities said Monday they were investigating UBS, HSBC, Deutsche Bank and four other banks on suspicion of price fixing in the precious metals market.

Sep 28, 2015, 14:27 PM IST

Swiss suspend sales of VW models over rigged emission tests

Swiss authorities said on Friday they had temporarily banned the sale of new Volkswagen brand diesel-engine models potentially equipped with software capable of tricking environmental tests.

Sep 26, 2015, 02:36 AM IST

Still before the storm? Slow trickle of migrants at Swiss border

Border guards in crisp blue uniforms rush onto the train as it grinds to a halt, quickly rounding up around a dozen African men and herding them into a nearby hall.

Sep 23, 2015, 09:39 AM IST

New mobile app to help people quit smoking in Switzerland

 The Swiss Federal Office of Public Health (FOPH) on Monday launched a personalised mobile phone app which aims to help smokers quit by enabling them to interact with somebody who will support them in doing so.

Sep 22, 2015, 00:18 AM IST

Roger Federer casts doubt over Davis Cup future

Roger Federer cast doubt on his Davis Cup future on Sunday after helping Switzerland retain their place in the World Group for 2016 by defeating the Netherlands.

Sep 21, 2015, 09:07 AM IST

Malaysia PM critic says prevented from travelling to US to lodge 1MDB complaint

A former senior member of Malaysia`s ruling party said authorities prevented him from boarding a flight on Friday bound for New York, where he planned to lodge a complaint with police against indebted state investor 1Malaysia Development Bhd (1MDB).

Sep 19, 2015, 11:03 AM IST

FIFA probe 'not even at half time break': Swiss prosecutor

Switzerland`s Attorney General Michael Lauber said Monday that financial assets had been seized as part of his office`s probe into corruption at FIFA, which had not yet reached "half time".

Sep 15, 2015, 14:15 PM IST

ABB lowers sales target, eyes $1 bn in savings

Swiss-Swedish engineering giant ABB on Wednesday revised down its sales growth target for the next five years and unveiled a cost-cutting programme to rake in $1.0 billion in savings.

Sep 09, 2015, 16:26 PM IST

Swiss govt discloses new name in India's black money probe

In a fresh disclosure on suspected black money cases being probed by tax authorities in India, Switzerland on Tuesday said it has received request for information about Indore-based textiles firm Neo Corp International Ltd.

Sep 08, 2015, 19:48 PM IST

Swiss banks moving 'full speed' on automatic tax info exchange

Swiss banks are working at "full speed" to implement the automatic tax information exchange regime that will help India's efforts to crackdown on illegal wealth stashed by its citizens in Switzerland.

Sep 03, 2015, 18:50 PM IST

Fight against black money: Swiss to help on stolen data too

In a move that may help India's fight against black money, Switzerland on Wednesday proposed amending its laws to share information with foreign countries probing tax crimes on the basis of 'stolen data', provided details have come from administrative channels or public sources.

Sep 02, 2015, 20:22 PM IST

UBS pays $1.7 mn for `apparent` sanctions violations

The Swiss bank UBS has agreed to pay US authorities $1.7 million to settle "apparent" violations of rules banning transactions benefiting officially designated terrorists, the Treasury Department said Thursday.

Aug 28, 2015, 02:08 AM IST

Black money: Swiss govt rejects privacy in financial matters

At a time when it is under global pressure, including from India, on black money menace, the Swiss government has rejected the popular initiative to allow strict privacy in financial matters.

Aug 26, 2015, 21:20 PM IST

Black money: Cooperating with Indian authorities on Swiss a/c probe, says HSBC

Facing a probe by Indian authorities into accounts held by Indians in Switzerland, global banking giant HSBC Monday said it is cooperating with the authorities.

Aug 03, 2015, 16:27 PM IST

2G scam money went to tax-safe havens via Surat, claims ED

ED sources said that new information has surfaced after the arrest of a Dubai-based businessman Manish Shah from Surat on July 1 by the agency's Ahmedabad zonal unit.

Jul 10, 2015, 19:37 PM IST

Switzerland admits being 'attractive' for money laundering

In a first major admission of being an "attractive location" for laundering of assets amassed illegally abroad, Switzerland has said it needs to further strengthen systems for combating money laundering and terrorist financing.

Jun 21, 2015, 15:17 PM IST

Black money: India slips to 61st place on Swiss money list

While the UK and the US have retained their top two positions with the largest shares of the foreign clients' money with Swiss banks, Pakistan has inched up to 73rd place.

Jun 21, 2015, 14:58 PM IST

Switzerland may tighten anti-money laundering rules

Switzerland may tighten its anti-money laundering laws after a report by a government-appointed group found the country was still subject to financial crime.

Jun 19, 2015, 19:13 PM IST