Landmark Swiss-China free-trade deal comes into forceA watershed free-trade deal between China and Switzerland came into force on Tuesday, the first such accord between the Asian giant and a mainland European economy.
Japan prosecutors arrest ex-Novartis employee over dataProsecutors on Wednesday arrested a former employee of the Japanese unit of Swiss pharmaceutical giant Novartis for allegedly manipulating research data to exaggerate the benefits of a popular blood-pressure drug.
Accor buys 97 hotels in Europe for 900 mn eurosHotel group Accor on Tuesday announced the purchase of 97 hotels in Europe through its HotelInvest business for a total of 900 million euros ($1 billion).
28 May 2014
$138 billion offshored from KazakhstanAt a meeting of the National Chamber of Entrepreneurs of Kazakhstan it was announced that according to international estimates the money offshored from Kazakhstan amounts to $138 billion.
23 May 2014
Credit Suisse guilty on US felony charge, pays $2.6 bnCredit Suisse pleaded guilty and was fined $2.6 billion Monday for helping Americans avoid taxes, the first time in 20 years a major bank has been punished on US criminal charges.
Swiss turn down world's highest minimum wageSwiss voters on Sunday rejected a proposal to introduce the world's highest minimum wage, which would have guaranteed every worker in one of the world's priciest nations at least $25 an hour.
19 May 2014
Five MSF aid workers freed in SyriaFive aid workers from Medecins Sans Frontieres (MSF) who were kidnapped in Syria in January have been freed, the medical charity said.
Obama says Russia not abiding by deal on UkraineUS President Barack Obama accused Russia on Thursday of failing to respect an agreement to defuse the crisis in Ukraine, the latest salvo in the Cold War-like duel between Washington and Moscow over the future of the ex-Soviet nation.
25 April 2014
GSK, Novartis unveil major healthcare revampBritish pharmaceutical giant GlaxoSmithKline and Swiss peer Novartis announced a major shake-up of their healthcare divisions on Tuesday in deals worth billions of dollars.
23 April 2014
Novartis replaces top Japan executives over drug trial scandalSwiss pharmaceutical giant Novartis said Thursday it was replacing the top executives at its Japanese unit over allegations the division hid serious potential side effects of leukaemia treatments from regulators.
Overworked nurses linked to higher death ratesInvestigations in nine European countries have given statistical backing to claims that patients' lives may be at risk when nurses are overworked.