Business: UBS profits down 54%, Swisscom takes a dip (update)

Investors see the silver lining in UBS’s gray cloud ZURICH, SWITZERLAND – Switzerland’s largest bank, UBS, turned in a glum first quarter financial report 2 May, showing a net profit of CHF828 million, down by 54 percent compared to the same period a year earlier. An accounting charge led to a loss at the investment […]

Official Swiss map system available on mobile

BERN, SWITZERLAND – The official Swiss mapping system is now available for smart phones, iPhones and iPads, at The wealth of information that uses highly detailed maps as a starting point is free of charge (except for your Internet connection), requires no additional software and is ad-free. The Mapviewer system has been available online […]

HP buys Palm, eyes China market for growth

US-based computer systems company HP has agreed to pay $1.2 to buy out Palm, maker of smartphones and the webOS mobile operating system. The buyout is designed to give HP a stronger position in the rapidly growing mobile market, particularly in China, where the company opened a major new plant in Chongqing in January 2010. […]