Basel, Switzerland: Germany suffered for resting their Bayern Munich players as Switzerland forward Eren Derdiyok scored a hat-trick in a wild 5-3 victory over the European Championship contenders in a friendly on Saturday. Derdiyok exploited unusual disarray in the German defence to convert assists from the outstanding Tranquillo Barnetta in the 21st, 23rd and 49th minutes. Defender Stephan Lichtsteiner and midfielder Admir Mehmedi added goals in the 67th and 74th...
09:28 AM, May 27, 2012
New Delhi: In a development that will boost the fight against black money menace, Switzerland has agreed to provide details of secret bank accounts of individuals sought by India even on the basis of limited information. Under a mutual agreement reached on April 20 between the two countries, Switzerland has agreed to give liberal interpretation to the provisions concerning identities of Indian citizens. "... it is sufficient if the requesting...
03:07 PM, Apr 30, 2012
Zurich: North Korea's young leader Kim Jong-un spent more of his childhood being educated under a pseudonym in Switzerland than originally thought, Swiss newspapers reported on Sunday. Jong-un first travelled to Switzerland in 1991, aged eight or nine, rather than in 1998 as has previously been established, Le Matin Dimanche and the SonntagsZeitung reported, citing official Swiss police documents. Little is known about the leader of the reclusive communist state,...
03:39 AM, Apr 23, 2012
Berlin: Swiss authorities have issued arrest warrants for three German tax inspectors over the purchase in 2010 of a CD containing data on suspected tax cheats, according to a German newspaper, infuriating a German state governor. The Bild am Sonntag newspaper reported today that the Swiss accused the officials of "economic espionage" in a letter to authorities in the German state of North Rhine-Westphalia. It quoted state governor Hannelore Kraft...
09:35 PM, Mar 31, 2012
Geneva: Officials in Switzerland have proposed changes to a tax accord with Germany in a race to get it approved in Berlin in the coming days so that it can come into force this year. A spokesman for the Swiss Federal Finance Department says accepting the proposals could allow the two sides to amend an existing treaty and end a long-running dispute over tax evasion. Roland Meier told the Associated...
08:49 PM, Mar 29, 2012
On this episode we take you on a tour of the country of chocolates, watches and romance. ...
11:23 PM, Mar 18, 2012
New Delhi: India ace Saina Nehwal will have to put behind her quarter-final finish at the All England Championships and gather herself quickly to defend her title at the Swiss Open Grand Prix Gold, which starts with the qualifiers at Basel, Switzerland on Tuesday. World number four Saina will open her campaign against Sayaka Sato of Japan in the women's singles competition. The 21-year-old Indian has a 2-1 record against...
06:31 PM, Mar 12, 2012
New Delhi: Days after CBI Chief's statement that Indians are the largest depositors in Swiss banks, Switzerland on Thursday said such estimates and statistics lack evidence and are uncorroborated. In an unusual step, the Embassy of Switzerland here issued a press release saying, "it wishes to make a clarification in view of unsubstantiated media reports that have been recently published about Switzerland and Swiss Banks." But, the release, which did...
06:07 PM, Feb 16, 2012
Rotterdam, Netherlands: Roger Federer says he was misunderstood and he did not blame Switzerland teammate Stanislas Wawrinka for their Davis Cup loss to the United States. In comments translated from French, Federer appeared to criticize Wawrinka's performances in the 5-0 first-round whitewash at the weekend. But speaking at a pre-tournament news conference on Monday at the ABN Amro World Tennis Tournament in Rotterdam, Federer said there was no rift with...
04:34 PM, Feb 14, 2012
New Delhi: Indians are the largest depositors in banks abroad with an estimated $ 500 billion (nearly Rs 24.5 lakh crore) of illegal money stashed by them in tax havens, the CBI Director said on Monday. India, in particular, has suffered from the flow of illegal funds to tax havens such as Mauritius, Switzerland, Lichtenstein, British Virgin Islands etc. "It is estimated that around 500 billion dollars of illegal money...
03:19 PM, Feb 13, 2012
Islamabad: Pakistan's embattled Prime Minister Yousuf Raza Gilani told the parliament on Thursday that he would appear before the Supreme Court that has summoned him next week to frame contempt charges for refusing to revive graft cases against President Asif Ali Zardari. "I want to assure you that I appeared when the (apex) court summoned me earlier and I will appear again if they say so. If we do not...
10:56 PM, Feb 02, 2012
The Indian economy is looking up but investments are yet to pick up pace says Bharti Airtel Chairman Sunil Bharti Mittal. ...
07:48 AM, Jan 27, 2012
CNN's Richard Quest speaks to World Economic Forum founder Dr Klause Schwab about the big challenge for heads of state and industrialists. ...
09:46 AM, Jan 24, 2012
Moscow: Moscow has accused Washington of unlawfully extraditing a Russian national from Switzerland, the Russian foreign ministry spokesman said. Alexander Lukashevich said on Thursday that Russian national Vladimir Zdorovenin, accused of financial cyber crimes, faces up to 142 years in prison in the US, where he was extradited from Switzerland earlier this week. "Unfortunately, this is not the first time when US special services organise the detention of our nationals...
05:10 AM, Jan 20, 2012
Islamabad:: Pakistan Prime Minister Yousuf Raza Gilani said he meant no disrespect for the Supreme Court as he defended himself and his government in a contempt case. Gilani also sought immunity for President Asif Ali Zardari against opening of corruption cases. Gilani, who accompanied by his Cabinet appeared in the Supreme Court to defend himself against contempt charges, completed his defence submission and according to reports has not given an...
07:07 AM, Jan 19, 2012
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