The 2012 World Economic Forum kicked off Wednesday in Davos with a keynote speech by German Chancellor Angela Merkel. Some 40 heads of government and business leaders will discuss issues ranging from the eurozone crisis to Iran's nuclear programme.
High winds and heavy rain raged through northern France and Switzerland on Friday, leaving hundreds of thousands of French households without power and grounding an oil-laden ship off the Brittany coast.
Swiss MPs on Wednesday elected Finance Minister Eveline Widmer-Schlumpf (pictured) to preside over the country’s cabinet, even though her party is too small to be entitled to a ministerial portfolio according to a decades-old power-sharing consensus.
Scientists working at the CERN Physics Centre in Switzerland said Tuesday that they are closing in on identifying an elementary particle, called the Higgs boson, which could help explain the mysteries of the universe's structure.
The controversial Swiss anti-immigration People's Party (SVP) is set to miss its target of 30% of the vote as the Swiss backed a more moderate SVP breakaway group and a new centrist green party, exit polls showed on Sunday.
Silvio Berlusconi survives yet another vote of confidence. How has the Italian leader managed to stay in power? Also, we look at an iconic American brand which started up in Switzerland - our correspondent takes a look at Chevrolet's European roots. Finally, born in Monaco but stuck in Azerbaijan - we meet 83-year-old French woman Yvonne Botto.
UBS chief executive Oswald Gruebel has resigned over a $2.3 billion rogue trading scandal, Switzerland’s biggest bank announced on Saturday. London-based trader Kweku Adoboli was charged with fraud and false accounting on September 16.
The scientific community has been rocked by new findings from European researchers who have identified a particle that appears to move faster than the speed of light. Further tests will determine if Einstein's theory of relativity needs an update.
Kweku Adoboli, the trader accused of losing $2.3 billion in unauthorised deals at Swiss bank UBS, will remain in jail until a hearing next month, a London court ruled Thursday. Adoboli’s lawyer said his client was “sorry beyond words”.
Swiss banking giant UBS now estimates that a rogue trading scandal has cost it upwards of $2.3 billion as the bank’s head, Oswald Gruebel (pictured), rejected calls for his resignation on Sunday, saying he bore no guilt over the incident.
