Swiss bank UBS has reported its fourth consecutive quarterly loss, but says it believes business is returning to normal. UBS reported a net loss of 564 million Swiss Francs on the third-quarter of 2009. [swissinfo.ch]
Read the full story, UBS remains in the red in third quarter, at the swissinfo site.
Dozens of children of the Germans who plotted to assassinate Adolf Hitler in 1944 returned this weekend to Switzerland. The children of the executed members of the German resistance in World War II were brought to Switzerland in the late 1940s to recuperate from their traumatic experiences. [swissinfo.ch]
Read the full story, “Valkyrie” ends happily in Switzerland, at the swissinfo site.
Filmmaker Roman Polanski who was arrested over a 1977 unlawful sex with a 13-year-old girl is appealing against his detention. The award winning director pleaded guilty in 1977 to having an unlawful sex with a 13-year-old girl. [cnn.com]
Read the full story, Swiss fight Polanski appeal against arrest, at the CNN site.
Filmmaker Roman Polanski, an award winning director, was detained over an unlawful sex with a 13-year-old girl. He was arrested in Switzerland in September 2009 pending the warrant of arrest issued in 1978 by the United States. [swissinfo.ch]
Read the full story, Film-maker Polanski arrested in Switzerland, at the swissinfo site.
Switzerland is now undergoing negotiations and discussions regarding the new accords on double-taxation to comply with Organisation for Economic Co-operation and Development (OECD) conditions.
However, there will be no changes regarding banking secrecy. The law will not be changed. There will be no snooping in Swiss accounts. But banking secrecy will not protect those who are committing tax fraud. [swissinfo.ch]
Read the full story, Cabinet sets priorities for bilateral tax talks, at the swissinfo site.
UBS which is the largest bank in Switzerland has confirmed its loss for the first quarter amounting to almost 2 billion Swiss Francs which is almost equivalent to 1.77 billion US dollars. [swissinfo.ch]
Read the full story, UBS confirms loss in first quarter, at the swissinfo site.
There are a lot of Belarussian children who are suffering from radiation because of the Chernobyl power plant disaster in 1996. Hundreds of these Belarussian children who are Chernobyl victims were denied to visit Switzerland by the Belarus President Alexander Lukashenko who cancelled the trip after fearing that some of these children would not want to go back home to Belarus. [swissinfo.ch]
Read the full story, Belarus denies Chernobyl children Swiss visit, at the swissinfo site.
It was confirmed on Thursday that Switzerland has also been hit by swine flu. A young man who returned from Mexico was infected by the virus.
It was reported that one passenger who flew with US Airways flight 804 from Cancun to Philadelphia and US Airways flight 810 from Philadelphia to Zurich has been infected with H1N1 which is an influenza A virus. All passengers of those flights were advised to contact a doctor to avoid the risk of infection.
Among the 15 total cases that were brought to the Swiss health authorities, only one tested positive. But it was also reported that the traveller who had a case of mild flu is now recovering. [swissinfo.ch]
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