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Roche buys U.S. blood-testing firm for initial $220 million

ZURICH (Reuters) - - Swiss drugmaker Roche Holding AG is buying Constitution Medical Investors (CMI), the U.S. developer of a testing system for blood diseases like anemia and leukemia, for an upfront $220 million, plus further contingent payments. Full story

UBS commits to home market with Zurich HQ revamp

ZURICH (Reuters) - UBS <UBSN.VX> will spend more than 100 million Swiss francs ($105.42 million) on a facelift of its Zurich headquarters, hoping to turn the building into a buzzing retail area on one of Europe's most exclusive shopping streets. Full story

$1.2 million missing from Swiss plane

   The cash, which was being transported from Zurich, was reportedly taken from a hole in the cargo area of a plane. Whoever took the money left $48 million behind. NBC’s Brian Williams reports.

$1.2 Million In Cash Stolen on Flight

   The FBI is now trying to figure out who stole $1.2 million in cash that traveled on a plane from Zurich to New York, with WNBC's Jonathan Dienst.

Police seek gunman in Zurich after two injured

ZURICH (Reuters) - Police were seeking an unidentified gunman who shot and injured two men in Zurich on Thursday, the city's police said. Full story

UBP snaps up Lloyds international private banking arm

ZURICH (Reuters) - Union Bancaire Privee (UBP) is buying Lloyds Banking Group's international private banking arm as the British bank sheds assets to shore up capital and the Swiss wealth manager presses on with a recent buying spree. Full story

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ABB Chief Hogan to stand down for private reasons

Long-serving Roche chairman to step down next year

Swiss say U.S. not in touch over Heinz insider trading case

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Studer drives his 1962 Lotus 24 Formula One race car through a steep turn during the Indianapolis in Oerlikon race demonstration at the Offene Rennbahn cycling track in Zurich's Oerlikon suburb
Studer drives his 1962 Lotus 24 Formula One race car through a steep turn during the Indianapolis in Oerlikon race demonstration at the Offene Rennbahn cycling track in Zurich's Oerlikon suburb

Peter Studer drives his 1962 Lotus 24 Formula One race through a steep turn during the Indianapolis in Oerlikon race demonstration at the Offene Rennbahn cycling track in Zurich's Oerlikon suburb July 23, 2013. REUTERS/Arnd Wiegmann (SWITZERLAND - Tags: SPORT MOTORSPORT SOCIETY)

A Swatch Scuba Playero wrist watch is displayed in a shop in Zurich
A Swatch Scuba Playero wrist watch is displayed in a shop in Zurich

A Swatch Scuba Playero wrist watch is displayed in a shop in Zurich July 23, 2013. The world's biggest watchmaker Swatch Group said it was confident about the second half of the year after its first-half net profit shrugged off a crackdown on traditional gift-giving in China to rise more than expect

The logo of Swiss bank UBS is seen on a building in Zurich, February 13, 2013. REUTERS/Michael Buholzer
The logo of Swiss bank UBS is seen on a building in Zurich, February 13, 2013. REUTERS/Michael Buholzer

The logo of Swiss bank UBS is seen on a building in Zurich, February 13, 2013. REUTERS/Michael Buholzer

Passengers queue at the check-in area before departure at the airport in Zurich
Passengers queue at the check-in area before departure at the airport in Zurich

Passengers queue at the check-in area before departure at the airport in Zurich July 13, 2013. REUTERS/Arnd Wiegmann (SWITZERLAND - Tags: TRANSPORT TRAVEL)