Swiss remain competitive despite ratings slip
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Switzerland has slipped down another place in the global league of âmost competitive nationsâ, but still ranks in the top ten.
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The Swiss bank won't be the last to announce such a writedown.
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Despite mounting concerns  about strike-induced ratings shortfalls in coming months, most  advertisers are sticking with their commitments.
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Strong results from Barclays (NYSE:BCS) on Tuesday offset news of further writedowns at Credit Suisse (NYSE:CS), helping European equities to a second session of gains.
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Rumors that the Swiss banking giant is set to divide in two are unlikely to be true.
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Britain&#39;s biggest commercial broadcaster  ITV said on Wednesday the performance of its main channel had  begun to stabilize as the decline in ratings slowed but  advertising revenue was still down 9 percent.
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Bank&#39;s 3Q profit dips, but it says &#39;04 will be better than &#39;03; wealth management stays strong. ZURICH  - Banking heavyweight UBS remained cautious about prospects for the rest of the year after a
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Swiss voters have rejected calls to use the central bank's profits to shoulder the growing burden of state retirement pensions, partial results from a national referendum and exit polls have shown.
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Switzerland&#39;s struggling national airline swung to a profit for the third quarter but pledged Tuesday to keep cutting costs as it felt the bite of high oil prices and competition from low-cost carriers in Europe.
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Credit Suisse shares rose on Tuesday amid hopes Switzerland&#39;s second-largest financial group will step up the pace of restructuring, prompted by a report that it
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The discount retailer continues to hang on with modest sales growth.
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The BBC's Imogen Foulkes reports on the Swiss mood after voters turned down plans to relax strict citizenship laws.
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Business & money: Swiss bank takes a Â£5.72bn fourth-quarter hit and warns 2008 will be another difficult year
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European shares clung to 2-1/2 year  highs in lackluster trading on Thursday, while Swiss Re rallied  on news its likely pay-out in the wake of Asia's tsunami  tragedy will be less than 100 million Swiss francs ($88.3  million).
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The Swiss National Bank on Thursday raised its key interest rate by a quarter of a percentage point for the second time this year as the country's economy continued to recover.
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In the overall standings the 27-year-old Miller, in outstanding form this season, has a 391 point lead over defending champion Hermann Maier of Austria.
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Roger Federer's wizardry entranced Australian Open crowds on Thursday and the passion of Marat Safin illuminated the night session but only the Swiss stayed in the hunt for the title.