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  • UBS Study Names World's 3 Most Expensive Cities Wednesday, 17 Aug 2011 | 2:04 AM ET
    Zurich, Switzerland

    If you think London or New York are among the world's most expensive cities, keep guessing and get your checkbooks out (that is if you are travelling to one of the cities that take the top spot).

  • Yen

    International intervention in foreign exchange markets may only give brief respite to countries that are fighting an "unwinnable war" against currency appreciation, analysts told CNBC.com.

  • Recession-themed newsprint cuttings

    Double dip may be back. It has been three decades since the United States suffered a recession that followed on the heels of the previous one. But it could be happening again, the New York Times reports.

  • Will the Swiss Central Bank Intervene Again? Tuesday, 2 Aug 2011 | 7:47 AM ET
    Swiss Francs

    As jittery markets pushed the euro below the 1.10 level against the Swiss franc for the first time ever on Tuesday, the headache for the Swiss National Bank (SNB) over its limited options to fight the strong franc is turning into a chronic migraine.

  • Europe’s Troubled Economies Join the Rescue Team Monday, 25 Jul 2011 | 10:29 AM ET
    Protestors escape tear gas fired by policemen in Athens.

    Can a bailout fund whose backers include some of the countries it may be called upon to bail out really succeed? The NYT reports.

  • Europe Approves Bailout Plan For Greece, Other Nations Thursday, 21 Jul 2011 | 4:03 PM ET
    Greece

    European leaders on Thursday clinched a new rescue plan for Greece that could push the country into default on some debt but would also give Europe’s bailout fund new powers to aid struggling economies, the NY TImes reports

  • Actelion Will Stay Independent: Founder Thursday, 21 Jul 2011 | 1:49 AM ET

    The chief executive and founder of Actelion, one of the world's biggest biotechnology companies, said the firm would stay independent despite pressure from activist shareholders.

  • US Probes Credit Suisse for Aiding Tax Evasion Friday, 15 Jul 2011 | 7:07 AM ET
    Credit Suisse

    Swiss bank Credit Suisse said on Friday it is being probed by the U.S. Department of Justice as part of a broader investigation into banks suspected of helping Americans evade taxes.

  • Swiss drugs industry supplier Lonza is to buy U.S.-listed Arch Chemicals for some $1.2 billion, creating the world's largest player in the microbial control market, the groups said on Monday.

  • Strauss-Kahn Accuser’s Call Alarmed Prosecutors Saturday, 2 Jul 2011 | 10:28 AM ET
    ZURICH, SWITZERLAND - MAY 10: International Monetary Fund Managing Director Dominique Strauss-Kahn leaves the Second Annual Conference of International Monetary Fund held at the Baur au Lac Hotel on May 10, 2011 in Zurich, Switzerland. The conference hosted by the Swiss National Bank (SNB) and the International Monetary Fund (IMF), brought together central bank governors and senior policymakers, to debat about the reform of the international monetary system with topics such as global liquidity p

    Little by little, the woman's credibility as a witness crumbled — she had lied about her immigration, about being gang raped in Guinea, about her experiences in her homeland and about her finances, officials told the NY Times.

  • Strauss-Kahn Case Seen in Jeopardy Friday, 1 Jul 2011 | 9:59 AM ET
    ZURICH, SWITZERLAND - MAY 10: International Monetary Fund Managing Director Dominique Strauss-Kahn leaves the Second Annual Conference of International Monetary Fund held at the Baur au Lac Hotel on May 10, 2011 in Zurich, Switzerland. The conference hosted by the Swiss National Bank (SNB) and the International Monetary Fund (IMF), brought together central bank governors and senior policymakers, to debat about the reform of the international monetary system with topics such as global liquidity p

    The sexual assault case against Dominique Strauss-Kahn is on the verge of collapse as investigators have uncovered major holes in the credibility of the housekeeper who charged that he attacked her in his Manhattan hotel suite in May, according to two well-placed law enforcement officials. The NYT reports.

  • Extra Bank Capital Means 'Global Recession': Bove Monday, 27 Jun 2011 | 2:52 AM ET

    New capital requirements proposed by global regulators demanding that the biggest banks hold extra capital by 2019 will bring about a new recession, Rochdale's vice-president for equity research Dick Bove wrote in a weekend market note.

  • BASEL, SWITZERLAND - JUNE 14: A visitor pass the Jorinde Voigt, 308 Views, 2011 artwork on June 14, 2011 in Basel, Switzerland. 300 art galleries selected by the fair will display works by more than 2,500 artists to 60,000 art enthusiasts during this 42nd edition of Art Basel, the most prestigious art fair in the world, which runs until the 19th of June 2011. (Photo by Harold Cunningham/Getty Images)

    ArtBasel, to many the most prestigious modern- and contemporary art fair, opened its doors on June 15 for the 42nd time, hot on the heels of the Venice Biennale last week.

  • Worries Grow About Breadth of Debt Crisis Friday, 17 Jun 2011 | 5:13 AM ET
    Euro coin in front of the giant symbol of the Euro outside the headquarters of the European Central Bank.

    For now, at least, investors seem to believe that the United States has enough shock absorbers to comfortably withstand a default by Greece, the New York Times reports.

  • Swiss National Bank Holds Rates at Historic Lows Thursday, 16 Jun 2011 | 12:01 PM ET
    Switzerland

    Market volatility and uncertainty in the euro zone are limiting the options for the Swiss National Bank (SNB), which held rates at the historic low of 0.25 percent Thursday, Chairman Philipp Hildebrand told CNBC.

  • World's Most Expensive Cities to Live 2011 Tuesday, 14 Jun 2011 | 10:51 AM ET
    Human resources consultant ECA International has drawn up its latest list of the world’s most expensive cities for expatriates. The survey looked at 400 cities and regions across the world, and measured a basket of common items in U.S. dollars terms, purchased by foreign workers including food, clothing and electrical goods.But the ranking excludes housing and school fees, because ECA says, those two items aren’t usually covered by companies in their cost of living adjustments (COLA). Some of th

    Human resources consultant ECA International has drawn up its latest list of the world’s most expensive cities for U.S. expatriates. Check out the list!

  • In Greece, Some See a New Lehman Monday, 13 Jun 2011 | 11:02 AM ET
    The former Greek Prime Minister, George Papandreou

    Bond traders and officials at the European Central Bank have been unified in their warnings that a restructuring of Greece’s debt would set off an investor panic similar to the one that followed the bankruptcy of Lehman Brothers, the New York Times reports. 

  • Five Things to Watch: IPOs Edition Monday, 23 May 2011 | 9:32 PM ET
    AIG

    Forget LinkedIn (for five minutes)... it's IPO Tuesday and we're not gonna mention the social network again on this page. Time to line up for the Russian Google, a Swiss commodities giant and America's toxic assets survivor. Here's what we're watching...

  • Why Glencore Is Unfazed by Commodities Rout Sunday, 22 May 2011 | 11:41 PM ET

    Given this type of market volatility, conventional wisdom would suggest this isn’t the best environment or time for a commodity company to raise capital through an initial public offering. Glencore though, doesn’t appear unduly concerned about the wild market moves.

  • Banks Are Winning the War Against Regulators Friday, 20 May 2011 | 1:49 AM ET

    Europe’s banking regulator will unveil the results of a third round of stress tests of its banks next month, but analysts have little hope that they will calm investors' nerves.

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