VENTURE CAPITAL POST

The Swiss National Bank faces the biggest test of its cap on the franc in two years but may find it easier to defend now than when euro zone breakup fears were rampant and the strategy unproven.

Canadian buyout firm Onex Corp (OCX.TO) is leading the bidding for Swiss juice-box maker SIG Combibloc Group, Bloomberg reported on Sunday, citing unnamed people familiar with the matter.

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.

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.

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.

Burbank, US-based movie giant Warner Bros Studios is in talks with Stockholm, Switzerland-based indie game developer Mojang to make a movie based on the popular video game Minecraft, according to a Twitter post made by Mojang founder Markus Persson.

Menlo Park, US-based social media giant Facebook will be kicking off its yearly Hacker Cup competition at the company's head office today with 25 participants from North America, Asia, and Europe.

Within just 24 hours, Zurich, Switzerland-based encrypted messaging startup Threema soared to the top of Germany's paid App Store chart due to a 200,000 subscriber addition, 80% of which are in Germany.

Winterthur, Switzerland-based industrial engineering and manufacturing firm Sulzer Ltd inked a deal to purchase a 75% interest in Saudi Pump Factory together with the latter's owner Nabil Al Hashim, in a deal valued at CHF33 million.