War of words over Greek debt heats up as private sector warns over Europe's future Star Tribune | ZURICH - The war of words between Europe and private investors heated up Tuesday as talks to reduce Greece's massive debt burden hit an impasse. | While the finance ministers of the countries that use the euro as their currency adopted a tough stance on how much rescue money they would pump into t...
Tony Blair and the £8million tax 'mystery' The Daily Telegraph Former Prime Minister Tony Blair channelled millions of pounds through a complicated web of companies and paid just a fraction in tax, The Sunday Telegraph can reveal. | Tony Blair channelled millions of pounds through a complicated web of companies. Photo: Getty | By Robert Mendick, Chief Repo...
Davos, in the Style of Occupy Wall Street The New York Times | DAVOS, Switzerland — In the lofty atmosphere of Davos during the annual meeting of the World Economic Forum, a spontaneous debate about the state of the world can break out anywhere — even in a snow-covered parking lot with ski slopes in th...
Swiss MPs to shed light on Hildebrand scandal The Guardian * Former SNB head resigned over currency trading scandal * Parliamentarians will look into role of cabinet * No date set for MPs to present findings ZURICH, Jan 27 (Reuters) - Swiss parliamentarians will take a closer look into the events leading to ...
Three from UK jailed for Swiss bank loan forgery The Guardian LONDON, Jan 27 (Reuters) - A former partner at upmarket London lawfirm Mishcon de Reya was jailed for five years and six months on Friday for trying to trick Swiss bank EFG into granting a 22 million euro ($29 million) loan, the UK Serious Fraud Offi...
FTSE spirals; BP falls on Deepwater ruling Citywire | Britain’s FTSE 100 ended the week on a sour note in Friday trade as decisive action on the Greek bond dilemma failed to materialise. | The benchmark UK index of blue-chip shares dropped 1.07%, or 61 points, to 5,734 and the Mid-250 index lost 0...
Petroplus traders, staff struggle without salaries The Guardian * Petroplus staff say can't pay rents and bills * Staff say Swiss government could pay part of salaries * Administrators will have to deal with number of claimants (Updates with bond details paragraphs 7, 8) LONDON, Jan 26 (Reuters) - Swiss-based ref...
Logitech warns again as weak market and euro hit Q3 Canada Dot Com | ZURICH (Reuters) - Logitech, the world's largest computer mouse maker, cut its full-year outlook for the third time after third quarter sales and profit were hit by euro weakness and as computer systems require become less dependent on peripheral c...
Roche's Avastin helps colorectal cancer patients The Guardian * Avastin extends survival as second round treatment- study * Boost after previous setbacks ZURICH, Jan 26 (Reuters) - Patients with advanced colorectal cancer who received Roche's Avastin live longer when they also receive the drug as part of their ...
