The Indian government is looking into at India's air traffic lights with Austria and Switzerland. It has been four years for their national carriers being acquired by Lufthansa. The review is aimed to coax the German airline into inducting Air India into a powerful global airline alliance.

There was a feeling of contentment when it was found that one will be able to stream songs and movies using the iTunes in the Cloud. But it seems that Apple is taking a long time to launch the service.

On Wednesday, February 27, European Commission President José Manuel Barroso made a highly notable announcement about the creation of the Science and Technology Advisory Council --- an advisory group on Science and technology that would comprise a cross-section of advisors, including those from universities, businesses, and non-governmental organisations.,

In a strategic move which clearly underscores the potential for a substantial transformation of the European manufacturing business of Aryzta AG, the Irish-Swiss baked food group has recently announced its decision to acquire German bakery company Klemme AG in a €280 million ($376 million) deal.

In a shocking revelation, it has been found that Spanish police has seized $36.5m worth property belonging to Hosni Mubarak, who is the ex- Egyptian president. Spain's interior ministry has been found to have sealed huge amount of assets, which might have come from corruption and crime.

Germany may lose out, says a top Swiss banking official, in case Berlin does not vote in favour of a deal that is meant to end tax evasion tensions running since long with Switzerland. Claude-Alain Margelisch clearly states that a tax deal veto means loss of money by the German state.

In consequent to no risk found, Novartis's flu vaccines were given clean chit by Canadian and Swiss health authorities. It has been confirmed by Swissmedic and Health Canada that all the anti-influenza vaccines are safe enough for humans.

What is being seen as a step forward could backfire soon, as Switzerland and Germany sang a peace tune putting the long running dispute aside over tax evasion by wealthy Germans holding cross-border accounts with Swiss private banks. It’s being feared that owing to possibility of political change in Berlin and its subsequent effects on the Swiss banking industry, the recently signed deal could be seen under clouds in future.