The merger-acquisition spree has hit the Swiss engineering group ABB, which has shown interest in a Brisbane-based software firm, Mincom. As per reports, ABB has been planning to extend its business portfolio to enterprise asset management software and service and deciphering the potential strength of Mincom, ABB decided on the Company with workforce of 1,000 employees and churning annual revenues of about $200 million.

Depression can be good! This jaw dropping assertion has been made by a recent collaborative study done by joint efforts of researchers from University of Basel, Switzerland, Clarkson University, Stanford University, Technische Universitat Munchen, Germany and Charit Hospital Berlin, Germany.

The team has claimed that people under medical depression can prove to be highly productive in comparison to healthy ones when it comes to sequential decision making.

Group of researchers in Switzerland and Germany will be soon finding a better beverage that will help in the digestion of fondue. Fondue, is a dish made by melting cheese.

The banking group UBS of Switzerland has agreed to a sponsorship deal with the Formula One racing to become its global partner. But the full details of the deal are not disclosed yet and it would be revealed at the Singapore Grand Prix at the last week of September.

Heaving the likelihood of an upgrade, Tyco Electronics Ltd. will possibly surpass the ratings agency's original prospects for its performance this fiscal year said Fitch Ratings.

It has been reported that Nestle SA, a company for Swiss food and drinks, is to register its result for the year right before the stock market opens in Zurich on Friday. The figure of the sales show that the company has easily managed to take a check on their cutbacks as they offered cheap alternatives, and in some cases, also re-priced the top brands and effectively made them much more attractive.