Lower house of Swiss Parliament approves tax information deal

Lower house of Swiss Parliament approves tax information dealIt has been reported that the lower house of the Swiss Parliament approved a deal that would allow a Swiss bank to provide tax information on clients to U. S. tax authorities.

Members of the lower house, however, are considering putting the proposition up to a national vote, which could delay or derail the agreement, which began with a 2009 lawsuit in Florida in which the U. S. Justice Department charged the bank with aiding U. S. tax evaders.

Two-tonne tiramisu brings record back to Switzerland

World-Biggest-TiramisuThe world's biggest tiramisu has been whipped up by the Swiss volunteers.

The weight of the tiramisu is about 2.3 tonnes. The restaurant which had made it, has said that around 155 volunteers from the Italian community of Porrentruy in western Switzerland have made it. They have spent 14 hours in making this desert.

On about the making of this great dessert a huge amount of ingredients were used. It's measured about 8cm high and 50 square meters in area.

Mobile phones causing brain cancer risk

Cell-phone-brain-cancerThe researchers have said that a type of brain cancer has been developed due to use of mobile phones. They have also said that there has been a possible risk of cancer from heavy mobile usage. This has been indicated by the result from the study conducted by World Health Organization (WHO). But WHO also added that further research is needed to give any conclusive results.

Over 13,000 people were taken in to study for 10 years. This study does not show a high and confirmed risk but it says that there is some risk associated with this.

Ergo may partner with Reliance Life

Ergo may partner with Reliance LifeAt a point of time when Swiss Re came close to become a partner, it is believed that the entry of a larger financial base named Ergo will dim its chances to partner with Reliance Life.

Clearly, there is no end to the companies that want to partner with this R-ADAG backed company but Ergo - part of Munich Re which is Swiss Re's rival has been seeking an entry into the Indian market for a long time after it broke its ties with the Hero Honda Group, the largest player in the Indian two-wheeler industry.

Fracture risk is increased by inject-able birth control

Fracture risk is increased by inject-able birth controlU. S. and Swiss researchers have said that Depot medroxyprogesterone acetate, a commonly used inject-able contraceptive, is linked to a higher risk of bone fracture.

DMPA, a progestin-only long acting reversible hormonal birth control drug which is injected every 3 months, is associated with higher bone fracture risk when used alone and not in combination with estrogen, researchers at the University Hospital Basel in Switzerland and the Boston University Medical Center have said.

People find electronic cigarettes helpful to quit smoking

Electronic-CigaretteSwiss researchers have said that people who have used electronic cigarettes say they were a bit helpful to quit smoking, but the devices were described as unreliable.

The study involved surveying 81 users and former users of e-cigarettes, says study author Jean-Francois Etter of the University of Geneva in Switzerland.

It is said by ninety-five percent that the e-cigarettes were at least somewhat helpful to stop smoking.

Volcano stops Salman from traveling

Salman-KhanThe volcano eruption in Iceland has not only proved to be a trouble for the passengers, but has also disrupted Salman Khan's trip to Switzerland. And it is the a'i'sh again that is playing the spoilsport.

He was supposed to go to Europe for the shooting of his film, Dabanng, but in the midst of all the cancellations, his tour was also cancelled.

Talking about this, the producer of the movie, Arbaaz Khan says that the group was to go to Switzerland today, but thanks to the volcano the venue was shifted to Dubai.

They were going there to shoot a song on Sonakshi Sinha and Salman.

Moderate Drinkers Less Prone To Arthritis

Moderate Drinkers Less Prone To ArthritisA new research has claimed that moderate drinkers are less prone to rheumatoid arthritis and the illness develops slower.

Swiss scientists conducted study on 2,900 adults suffering from rheumatoid arthritis and discovered that light to moderate drinkers showed slower development in their joint damage as compared with non-drinkers but heavy drinkers showed a greater progression of the illness.

The study results, reported in the Arthritis and Rheumatism Journal, are based on x-ray proof of patients' joint damage and its progression over an average of four years.

Saab makes it official, Saab-9-5 @ £26,495

SAAB-9-5In a bid to pose threat against the arch rival, BMW, Saab, the Swedish car maker has released the price of its latest offering Saab 9-5 at £26,495 to £37,995.

With the pre-orders initiating from today, the production has taken a lift from its Trollhatten plant in Sweden. It is supposed to hit showrooms of UK by summer.

It will feature itself in three engines i. e. 160bhp 2.0-litre diesel, 220bhp 2.0-litre and 300bhp 2.8-litre petrol engines. In due time 190bhp 2.0-litre diesel and 180bhp 1.6-litre petrol engine will join the league.

Swiss firm to help make smarter Indian homes

Advanced-Digital-BroadcastAdvanced Digital Broadcast, a Switzerland-based technology firm is set to bring in advanced technology into India to offer a set top box capable of converging content from any screen onto a TV.

The $360-million firm will offer hybrid set-top boxes that connect to television network, the broadband internet and other devices like computer, mobile etc allowing users to access all content on their TV screens.

Swiss developer Karl Steiner to sell 66% stake to Hindustan Construction

HCCHindustan Construction Co. (HCC) is all set to acquire a major stake in Karl Steiner AG, the Switzerland based real estate player.

The Indian construction firm will be picking up a 66% stake in Karl Steiner for now. However, the deal is still waiting for approval from the regulatory authorities of India and Switzerland. HCC has long term plans to take full control of the Swiss developer.

As revealed by Ajit Gulabchand, Chairman and Managing Director, Hindustan Constructions, the company will be buying out the rest 34% stake in Karl Steiner in 2014 from its sole owner Peter Steiner.

Physical Activity At School Keeps Kids Fit & Fine

A new research has disclosed that structured physical activity programme at school can perk up children's strength and lessen body fat.

Scientists in Switzerland examined 540 seven and 11-year-olds in 15 schools. Over nine months, pupils randomly allocated to an intervention group underwent a physical activity programme designed by experts.

This comprised structuring their subsisting three physical education lessons and adding two additional lessons a week.

They were also given daily short activity breaks and physical activity homework. Students randomly allocated to a control group continued to obtain their subsisting three lessons only.

Logitech comes up with comfort lapdesk

The revolution that brought computers to your laps, better known as laptops, has now taken a more comfortable shape. Logitech is the company behind these new comfort laptops.

Ever since laptops came into existence they could never be used comfortably in the lap, because of their weight and the hot underside of the laptops. The bottom of the laptop usually becomes hot when used for longer durations.

Logitech's new comfort lapdesk now addresses this problem in one of the most innovative ways. It provides a barrier which is padded that is between the laptop and the user's lap. Lapdesk N700 has added to the laptop a fan to moderate the hot temperature and added high quality speakers to provide your laptop that extra audio boost feature.

Swiss Re capital boost; posts profit in 2009

swiss-reWorld's second largest reinsurer, Swiss Re, reported an annual profit of 506-million-Swiss-franc in 2009, against the net loss suffered a year earlier during the financial crisis.

According to an official of the company, despite the increase the earnings, its profit missed expectations due to heavy losses on securitized products and corporate bond hedges. The company's capital position bounced back to a comfortable level from the levels during crisis to an excess of over 9 billion Swiss francs and increase in the capital level has given confidence to achieve some important goals.

France and Switzerland agreed on taxation deal

According to a statement from the Federal Department of Finance in Bern said." Switzerland and France have formally agreed on the interpretation of the renegotiated double taxation


The finance ministry added that it "no longer considers that there is any impediment to the revised double taxation agreement being approved rapidly by parliament."

Swiss ministry also said that none of the information would be used in requests for administrative assistance. This comment was regarding a data leak from HSBC Private Bank in Geneva.

The statement further said "France has fulfilled a further condition by delivering a copy of the data stolen from HSBC in Geneva to the Swiss authorities."

India to begin hockey World Cup campaign against Pak

India to begin hockey World Cup campaign against Pak Lausanne (Switzerland), Dec 29 : India take on arch-rivals Pakistan in their opening fixture of the FIH Hero Honda World Cup hockey tournament to be held in New Delhi from Feb 28 to March 13, according to the match schedule announced by the International Hockey Federation (FIH) here Tuesday.

India are placed in pool B along with Pakistan, Australia, Spain, England and South Africa while pool A includes defending champions Germany, the Netherlands, Argentina, Korea, New Zealand and Canada.

Kobayashi given driver's seat at Sauber

Kobayashi given driver's seat at SauberHinwil (Switzerland), Dec 17 :The Sauber Formula One team announced Thursday that Japan's Kamui Kobayashi will be one of its two drivers for the 2010 season.

Former Toyota test driver Kobayashi impressed the Swiss team when he stood in for the injured Timo Glock in the final two races of the 2009 season, claiming a sixth-place finish for Toyota in the season-ending Abu Dhabi Grand Prix.

"I am very happy that my two races in 2009 have earned me a cockpit place," said the 23-year-old.

ICRC visits detainees in Taliban custody

ICRC visits detainees in Taliban custodyGeneva, Dec 16 : The International Committee of the Red Cross (ICRC) has visited three members of Afghan security forces detained by the Taliban, the ICRC said Wednesday.

The meetings took place in Badghis province in north-western Afghanistan at the end of November.

"This is the first time since the beginning of the current conflict that the ICRC has visited people detained by the armed opposition," said Reto Stocker, ICRC head of delegation in Kabul.

IOC denies Thanou sprint gold

MarionJones-KaterinaThanouLausanne (Switzerland), Dec 10 (DPA) Olympic officials decided against giving the 100 metre gold stripped from Marion Jones to Greek sprinter Katerina Thanou.

The International Olympic Committee (IOC) executive board has reallocated other individual medals taken from Jones for doping at the 2000 Sydney Olympics.

Thanou, who finished second in the sprint, was herself tainted by a doping scandal at the 2004 Athens Games.

Although Thanou has been allowed to keep silver, the decision means the gold medal remains vacant while other medals are redistributed.

Pak government claims back Swiss court evidence regarding NRO beneficiaries

Pak government claims back Swiss court evidence regarding NRO beneficiariesGeneva, Dec. 2 : The Pakistan government has finally claimed back evidence of the cases filed in the Swiss court against many influential personalities, who were benefited from the National Reconciliation Ordinace (NRO).

The files, which were stacked inside a lawyer’s office here, have been removed and are likely to be taken back to Islamabad, The News reports.

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