Swiss small company will do important climate fix project
A small Swiss company won $31 million in new investment on Tuesday to suck carbon dioxide from thin air as part of a fledgling, costly technology that may gain wider […]
Switzerland
Finma intends to reform anty-money laundering rules
The quickly evolving world of fintech is prompting regulatory reforms. The Swiss Financial Market Supervisory Authority (FINMA) has opened a consultation on proposed changes to its Anti-Money Laundering Ordinance (AMLO-FINMA) […]
Swiss court allowed tax authorities to cooperate with India
Switzerland’s highest court has allowed tax authorities to turn over bank account details of two Indian citizens who had fought the release on the grounds that India’s request for assistance […]
Switzerland: consumer’s confidence decreases in July
Switzerland’s consumer confidence weakened to the lowest level in more than a year in July, survey data from the State Secretariat for Economic Affairs showed Thursday. The consumer sentiment index […]
Indian money in Swiss banks down 80% in one year
Amid a controversy over its official data showing 50 per cent surge in Indians’ money in Swiss banks last year to CHF 1.01 billion (about Rs 7,000 crore), Switzerland’s central […]
UBS beats polls in Q2, warning over trade war
UBS on Tuesday posted a net profit of 1.3 billion Swiss franc ($1.31 billion) for the second quarter of 2018, beating analyst expectations, as global economic growth prospects provided a […]
Switzerland wants to keep the crypto crown
Swiss regulators are stepping up efforts to halt an exodus of cryptocurrency projects from the country, after two of only a handful of banks active in the nascent sector shut […]
Switzerland, the world’s most innovative country
In its annual global ranking of countries’ innovation levels, the 2018 Global Innovation Index (GII) has once again given its top slot to Switzerland — a position it has held […]