BERN Daily News and Visitors Info.

Swiss launch competition probe against UBS, Credit Suisse for suspected rates manipulation

BERN, Switzerland - The Swiss Competition Commission said Friday it has launched an investigation into possible cartel behaviour by a dozen banks including the country's two biggest institutions UBS and Credit Suisse.

Swiss Police Will Press Charges Against WEF Protesters in Bern

Swiss police will charge more than 100 demonstrators with breaching the peace after they rallied in Bern Saturday to protest against the World Economic Forum (WEF), which holds its annual meeting in Davos this week.

Swiss Regulator Investigating Possible Cartel Behavior By UBS, Credit Suisse, Others

BERN, Switzerland -- The Swiss Competition Commission said Friday it has launched an investigation into possible cartel behavior by a dozen banks including the country's two biggest institutions UBS and Credit Suisse.

Swiss sprinter Pascal Mancini sues doctor

The Associated Press The Associated Press BERN, Switzerland The Swiss athletics federation says sprinter Pascal Mancini will sue a doctor after twice testing positive for a banned steroid. Swiss Athletics says the 22-year-old Mancini was mistakenly injected with nandrolone instead of cortisone, an anti-inflammatory painkiller, last September. Mancini will skip the indoor season, including the ...

Swiss launch competition probe against UBS, CS

BERN, Switzerland (AP) - The Swiss Competition Commission said Friday it has launched an investigation into possible cartel behavior by a dozen banks including the country's two biggest institutions UBS and Credit Suisse.

Swiss lawmakers urge new rules for banks as US tax row heats up

Bern, Switzerland (dpa) - Swiss lawmakers urged the government on Wednesday to introduce new rules for banks to resolve a dispute with the United States, which is investigating several Swiss banks over secret accounts belonging to US tax evaders."There finally needs to be a legal provision saying that it will no longer be allowed to park untaxed money in Switzerland," Hildegard Faessler of the ...

Swiss watchmakers broke export record in 2011

Bern (dpa) - Exports of Swiss watches reached an all-time high of 19.3 billion Swiss francs (21.1 billion dollars) last year, surpassing the pre-crisis level of 2008, the industry‘s association said on Thursday.Foreign sales increased 19.2 per cent, despite the strong franc, with the biggest sales increases coming from Asia.In China, revenue rose nearly 49 per cent, while sales went up 28 per ...

Swiss banks signal steps in US tax brawl

Banks shaken into action by unexpected closure of nation's oldest bank. 6 Feb 2012 2:32 PM

Young Boys lets Sutter discuss move to Blackburn

BERN, Switzerland (AP) — Swiss club Young Boys says Switzerland defender Scott Sutter has left its winter training camp in Spain to open contract talks with Blackburn.

Strong franc weighed on Swiss exports in 2011

Swiss exporters suffered under the weight of the strong franc last year with sales abroad growing a meager 2 percent largely thanks to orders received before the latest economic downturn.