Finance ministers and tax chiefs from 51 countries signed an agreement on Wednesday to automatically swap tax information, which Germany's finance minister said heralded the end of tax evasion via secret bank accounts.
Tags: Switzerland
Barclays says its Swiss private bank drops out of U.S. tax deal
Barclays' private bank in Switzerland has dropped out of a U.S. program aimed at cracking down on wealthy Americans evading taxes through hidden offshore accounts, the British bank's market head for Switzerland said on Thursday.
India regulator says Holcim-Lafarge merger may hurt competition
A planned merger by Switzerland's Holcim Ltd and France's Lafarge to create the world's biggest cement maker might hurt competition in India, the country's antitrust regulator said on Saturday, asking the firms for more details.
Swiss agency has more queries over Etihad plan to buy Darwin stake
Swiss authorities have given Darwin Airline until the end of January to answer more questions about Etihad Airways' plans to buy a third of the Swiss airline before it gives the deal the green light.
Holcim expects to pick buyers for assets by end-January
Swiss cement maker Holcim (HOLN.VX) said on Tuesday it expected to have selected buyers for assets it must divest to push through its merger with France's Lafarge LAPF.PA by the end of January.
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EU antitrust regulators will open an extensive probe into Zimmer's (ZMH.N) $13.4 billion bid for Biomet, concerned that the creation of the world's second-largest orthopedic products group may hurt competition, three people familiar with the matter said on Thursday.
UBS said on Monday it was launching a share-for-share exchange to set up a new holding company, UBS Group AG, part of a restructuring drive to ensure it can be broken up more easily in a crisis.
The little known Asia head of Mercuria will be key in tying the Swiss commodity trader's $3.5 billion acquisition of JP Morgan Chase and Co's physical commodity desk into the company's China business.
Germany's defense industry lobby has warned that companies were looking into shifting production abroad in response to the country's restrictive arms export policy.
French luxury group LVMH's watch brand TAG Heuer has plans to launch its own smartwatch, the head of its watch business told a Swiss newspaper.
NEW YORK, NY--(Marketwired - April 10, 2014) - Two European cement giants have agreed on a $50 billion merger deal that would in effect create the world's largest construction material group. Holcim of Switzerland struck the deal to buy France's Lafarge in a tie-up that would see Lafarge shareholders receive one Holcim share for every Lafarge held.
Munich, Germany-based app crowdtesting startup Testbirds picked up €2.1 million in its Series A funding round led by Seventure Partners for its expansion across Europe.
Wetzikon, Switzerland-based cable solutions provider Reichle & De-Massari (R&M) acquired Bangalore, India-based fiber optic products manufacturer Advanced Fiber Systems (AFS) for an undisclosed sum as part of its efforts to expand in India.
Lausanne, Switzerland-based tech accessory maker Logitech debuted a wireless keyboard called Harmony Smart Keyboard that can be connected to different living room devices including the Apple TV, Xbox One, and PS3.
