Switzerland
Euro, Swiss franc hit 4-week highs versus dollar
…Gains were expected to be capped by reported offers around $1.3280. The dollar also fell against the Swiss franc, dropping 0.2 percent on the day to 0.90500 francs. Traders reported thin trading volumes as a result of a European public holiday. We welcome…
Swiss ready for say-on-pay vote
…Swiss francs ($5.9 million) compared to 5.86 million francs for Germany’s leading companies and 7 million francs for leaders of DJ Stoxx Europe 50 companies, said Towers Watson. “CEOs in Switzerland do not any longer earn more than the CEOs in the other indices,”…
Swiss Economy Is Relatively Sound; Two ETFs To Play The Swiss Market (EWL, FSZ, NVS, EWI, EWP, EWQ)
…ETF Slumps On Weak Bond Auction). However, the peg has become increasingly difficult for the National Bank to defend as the broader European market remains under pressure. Should the peg be removed, investors could a surge in the franc’s value, not only against…
Source: Obama ads feature Swiss bank account
…An Obama spokesperson declined to confirm the content of the ads, but one would imagine the title’s a reference to Mitt Romney’s Swiss bank account, which he initially failed to report in disclosure forms, and over which Democrats have been criticizing him…
Roger Federer, Swiss Banking Will Both Come Back
…Fortunately, Switzerland has survived better than Qaddafi. But are we really the new global bad guys? Swiss banking remains a world-class brand, for reasons of legal, political and currency stability, as well as the high level of training and language fluency…
Black money: Switzerland agrees to provide bank a/c details of Indian citizens
…versions did not make it easy for sleuths to get information on tax offenders and account holders in Swiss banks. Under the rules, India had to provide details of the person being investigated and also the name of the foreign holder who can provide this information…
Access to Swiss Bank info made easy
…much liberal terms. The two nations have entered into an agreement which ensures India of getting banking information of account holders from Swiss authorities even if it provided limited information of the individual. Under the current double taxation avoidance…
Switzerland agrees to share bank account details with India
…the person having bank accounts in Switzerland,” the release said. India had inked the pact with Switzerland to revise their bilateral taxation treaty in August 2010. The revised treaty was approved by Swiss Parliament on June 17 last year. The new agreement…
London Missiles To Deter Terrorists From Switzerland
…they should contact authorities immediately. .. The world would be so much more peaceful without those Swiss fanatics. Use the SEARCH BLOG feature at the upper left.
Cerus, the University Hospitals of Geneva, and the Transfusion Service of the Swiss Red Cross Intend to Collaborate on Whole Blood Pathogen…
…Hospitals of Geneva (HUG) and their Blood Transfusion Center (CTS), and the Transfusion Service of the Swiss Red Cross (Transfusion CRS Suisse or Blutspende SRK Schwietz) announced today their intent to collaborate on adapting the Cerus INTERCEPT Blood System…
Secret Swiss bank info to trickle more easily
…the person having bank accounts in Switzerland,” the release said. India had inked the pact with Switzerland to revise their bilateral taxation treaty in August 2010. The revised treaty was approved by Swiss Parliament on June 17 last year. The new agreement…
Swiss a/c holders’ names soon
…India to get information even if we have only limited details regarding the person having bank accounts in Switzerland,” the statement said. Analysts, however, said India could request for information only after it had exhausted its own laws to obtain this…
Switzerland:Strong margin improvement at Oerlikon Textile segment
…were driven primarily by growth in the US and China. Q1 2012 sales were impacted by the strong Swiss Franc. Adjusted for currency effects compared to Q1 2011, sales would have reached CHF 1 005 million, reflecting a growth rate of 11 %.
Swiss bank UBS reports Q1 results Wednesday
…said it will defend itself using “appropriate legal means.” WHY IT MATTERS: UBS is Switzerland’s biggest bank by market capitalization and a key motor of the Swiss economy. WHAT’S EXPECTED: Analysts’ average estimate is for a net profit of 1.2 billion Swiss…
India and Swiss Confederation Sign Mutual Agreement for Providing Information Under DTAA
…Mr. Juerg Giraudi, Head of the Division of International Tax Affairs, Swiss Federal Department of Finance, Switzerland. After approval of the Cabinet on 23rd March 2012, this Mutual Agreement has been signed on 20th April, 2012 but the liberal interpretation…
India signs treaty with Swiss for info on Indians
…get information even if the government has limited details regarding any person having a bank account in Switzerland. The agreement will be effective from April 1,.2011, a finance ministry release said The treaty was inked on April 20, 2012 by Sanjay Kumar…
Watch Industry Feuds Over What Makes Timepieces Swiss-Made
…competitive. The small companies probably cannot afford to invest more in local production because of Switzerland’s strong currency and high labor costs. The Biel-based company Swatch is the world’s biggest watch maker, with a total revnue of &7.8 billion…
Swiss Finance Corp buys 16.31 lakh shares of IVRCL
…this story, share it with millions of investors on M3 On April 27, 2011 Swiss Finance Corporation (Mauritius) Limited bought 1,631,119 shares of IVRCL at Rs 61.33 on the NSE. Post your opinion here At 13:34 hrs the share was quoting at Rs 61.65, up Rs 0.05,…
Ex-Lavalin executive held in Swiss jail
…investigators were reportedly alerted to the executive after unauthorized payments were routed through Swiss bank accounts. In a Sunday statement, SNC-Lavalin spokeswoman Leslie Quinton said the company had offered its “complete co-operation” in investigating…
Swiss stocks – Factors to watch on April 30
…Agreements by Switzerland with Germany, Britain and Austria to tax undeclared assets held in offshore bank accounts from next year could face a delay after a Swiss political party lau nched eff orts to stall a parliamentary vote on the pacts. Insolvent oil…
