AlQa'dah 22, 1432, Oct 20, 2011, SPA -- The final of the 2014 World Cup will be played inRio de Janeiro, football's governing body FIFA said on Thursday according to dpa.
In a statement FIFA said they had confirmed a proposal by thelocal organizing (...)
The President of the International Federation of Football Association(FIFA) Joseph Blatter met here today with a Saudi football delegation headed by Special Adviser to the General President of Youth Welfare and Member of Saudi Football Association, (...)
Oswald Gruebel resigned on Saturday as chief executive of troubled Swiss bank UBS, saying he took the blame for the $2.3 billion loss run up in alleged rogue trading in its investment banking division, Reuters reported.
The bank, which said it (...)
The Swiss parliament rejected a bid by the centre-left Social Democrats (SP) to ban UBS and Credit Suisse from engaging in risky investment banking activities, put forward in response to the admission by UBS that unauthorised trades would cost it (...)
Swiss bank UBS came under increasing pressure to shrink or sideline its investment bank business -- source of a $2 billion rogue trading loss -- as ratings agencies warned lax risk management could prompt downgrades, Reuters reported.
The bank is (...)
Switzerland's banking association head is hopeful the country will finalise a tax deal with Britain in the coming weeks, Patrick Odier was quoted as saying on Sunday in an interview with Swiss newspaper SonntagsZeitung, Reuters reported.
Such a (...)
Switzerland and Germany will sign a deal to regularise untaxed money stashed in secret Swiss bank accounts on Aug. 10, media in the two countries reported on Sunday, according to Reuters.
Strict banking secrecy, which helped Switzerland build a (...)
A group representing Swiss victims of traffic accidents launched an initiative on Wednesday to ensure that speeding drivers spend time in jail, Reuters reported.
The group "Protection from Speedsters" handed over the more than 100,000 signatures (...)
A solar-powered aircraft landed in Brussels on Friday night after completing a 13-hour maiden international voyage from western Switzerland. The Solar Impulse, a project of the Ecole Polytechnique Federale de Lausanne, traveled across France and (...)
The Swiss nuclear safety body ENSI said on Thursday it had detected problems at the country's nuclear power plants, but there was no need for a shutdown, according to Reuters.
A safety check of the country's five reactors after the disaster at (...)
More than 191,000 people have fled the violence in Libya, where opponents of Moamer Kadhafi are seeking to oust the veteran ruler, the United Nations said. In total "191,748 people, mainly immigrant workers have fled Libya,"the UN's Office for the (...)
FIFA on Thursday rejected north and central American demands for four full places in football's 2014 World Cup as it granted host Brazil an automatic berth under a broadly unchanged system.
The executive committee of world football's governing (...)
Awwal 01, 1432, Feb 04, 2011, SPA -- FIFA's rules-making panel will study the results from 10 different goal-line technology systems being tested before its meeting next month, according to AP.
FIFA says the 10 systems will be tested privately next (...)
FIFA is giving each football nation an extra $300,000 (¤218,000) as a share of profits from the 2010 World Cup, according to AP.
FIFA said Friday that the payment is in addition to the $250,000 every country gets annually toward its football (...)
Hijjah, 1431/Dec. 02, 2010, SPA -- Russia will host the World Cup in 2018.
The country was awarded the tournament Thursday in a vote by the FIFA executive committee. It beat competition from England, Spain-Portugal and Belgium-Netherlands, (...)
Hijjah, 1431/Dec. 02, 2010, SPA -- FIFA sent the World Cup into uncharted territory Thursday, handing the 2018 edition to Russia and going to Qatar in 2022.
Russia's selection came despite the no-show of Prime Minister Vladimir Putin, but his clout (...)
One of Switzerland's best-known
tourist trains, the Glacier Express, derailed on Friday at the
peak of the holiday season, killing one and leaving about 40
injured, Reuters cited a railway official as saying.
The Swiss news agency ATS reported (...)
Roche Holding AG's cancer drug Avastin, in combination with chemotherapy, helps women with ovarian cancer live for longer without their disease worsening, a second late-stage study has shown, according to Reuters.
The results come after another (...)
Credit Suisse named Eric Varvel permanent head of its investment bank on Thursday, taking over from Paul Calello who is suffering from a serious illness, according to Reuters.
The reshuffle at the unit also sees Switzerland's second largest bank (...)
FIFA President Joseph Blatter received here today Dr. Salih bin Ahmad bin Nasser, Special Adivsor to the General President of Youth Welfare and Member of Saudi Soccer Federation.
During the meeting, they discussed issues of common interest, (...)
Swiss insurer Zurich Financial on Thursday revised its annual net profit upward by $747 million, citing accounting changes related to hedging in the U.S. life insurance market, according to AP.
The company put its new net profit for 2009 at $3.98 (...)
Goal-line technology will not be introduced in football for the foreseeable future after the sport's rule-makers voted Saturday to end all experiments and allow humans to continue ruling on disputed decisions, according to AP.
The International (...)
FIFA president Sepp Blatter says he has confidence in South African security plans for the World Cup, according to AP.
Blatter says South Africa proved in recent sporting contests including last year's Confederations Cup that it can stage the (...)
Russia is to begin oil production from the
extensive Shtokmann gas fields in the Barents Sea three years later
than planned, dpa cited the companies involved in the project in Zurich as saying today.
French energy company Total, together with (...)
Barcelona"s Argentine forward Lionel Messi, who earlier this month won the European Footballer of the Year, was today named FIFA World Footballer of the Year, dpa reported.
Messi, 22, who made history by becoming the first Argentine player
to (...)