Almost 30,000 Britons and Austrians have come forward to pay tax on previously undisclosed Swiss bank accounts under bilateral agreements aimed at rooting out untaxed money in Switzerland.
Read more »
Switzerland's ABB (ABBN.VX) has named one of its top managers as its new chief executive, calming investor fears of a management vacuum after the surprise resignation of CEO Joe Hogan last month and the company's chief technical officer days later.