Davos, Jan 30 : The Coca-Cola Co. plans to invest $1 billion in its operations in Mexico this year as part of a $5 billion long-term investment plan, CEO Muhtar Kent has said.Kent made the announcement in a joint appearance with Mexican President Felipe Calderon during the World Economic Forum in Davos.

Calderon has been meeting with potential investors at the gathering of the world's most powerful business leaders.Coca-Cola expects to create 10,000 new jobs in Mexico over the next five years, Kent said.

Davos, Jan 26: Participants at the annual World Economic Forum here Wednesday urged the companies to focus on innovation to remain in business.

Companies failing to adapt themselves to new business environment will soon fall behind and even go out of business, they said.

Cisco chairman and chief executive officer John T. Chambers said: "We had about 100 great competitors in the 1990s, all but two are largely gone".

Berne, Oct 4 : President Pratibha Devisingh Patil has said the United Nations Security Council (UNSC) must reflect on contemporary geopolitical realities in order to combat global security challenges better.

It is not that Indian Ministry is not keen on evading corruption from the country, but it is waiting for the Switzerland's approval for the Double Taxation Avoidance Agreement (DTAA), said Finance Minister Pranab Mukherjee in Lok Sabha.

The agreement would enable the government to know the bank deposits in the bank. The deal is expected to be accepted by the Switzerland by October. Finance Minister further said that the agreement has been approved by the both houses of the Swiss Parliament, and is now under consideration of cantons (member-States of Switzerland).

At the World Economic Forum at Davos, the Bharti Group Chairman and CEO said that people are more concerned about the problems, scams, rising commodity prices, global economic risks and increasing unemployment in the country.

Instead of talking about these problems, people should divert their attention towards the constructive issues of the country, as rest of the world considers India is a great place to do business and hence make investments in the country. It's the time to celebrate our success.

Love birds Saif Ali Khan and Kareena Kapoor flew to Switzerland for 10 days to celebrate the New Year.

The passionate lovers leave for Swiss Alps each year as it happens to be their preferred holiday spot.

Saif loves to ski and the actress loves the eternal beauty of the place.

The hot pair will stay at a chalet-hut possessed by the Gstaad Palace that runs on solar energy.

The Anglo-Swiss miner Xstrata recorded a more than threefold climb in the first-half net profit on Tuesday, providing advantage from the inclining prices and augmented sales volumes athwart many of its commodities such as copper, ferrochrome, zinc and nickel.

The group reported its net profit figures which was $2.29 billion for the six months to June 30, contrasted with $690 million a year earlier, whilst the outcome were affected by a $219 million exceptional charge. Revenue plunged up by 43% to $13.61 billion from $9.54 billion.

During the Euromoney Awards for Excellence, amongst the many biggies and financial institutions it was Credit Suisse that has been awarded as the Best Global Bank.

Euromoney admired the Swiss investment bank for its high proceeds and the less risk model and defined it as the most debating and the best-run bank across the globe in today's time.

Furthermore the bank, Credit Suisse was being accolade for its sturdy capital stance, for the credit rating and performing pretty well private and investment banking group.

It has been reported that the lower house of the Swiss Parliament approved a deal that would allow a Swiss bank to provide tax information on clients to U. S. tax authorities.

Members of the lower house, however, are considering putting the proposition up to a national vote, which could delay or derail the agreement, which began with a 2009 lawsuit in Florida in which the U. S. Justice Department charged the bank with aiding U. S. tax evaders.

The world's biggest tiramisu has been whipped up by the Swiss volunteers.

The weight of the tiramisu is about 2.3 tonnes. The restaurant which had made it, has said that around 155 volunteers from the Italian community of Porrentruy in western Switzerland have made it. They have spent 14 hours in making this desert.

On about the making of this great dessert a huge amount of ingredients were used. It's measured about 8cm high and 50 square meters in area.

The researchers have said that a type of brain cancer has been developed due to use of mobile phones. They have also said that there has been a possible risk of cancer from heavy mobile usage. This has been indicated by the result from the study conducted by World Health Organization (WHO). But WHO also added that further research is needed to give any conclusive results.

Over 13,000 people were taken in to study for 10 years. This study does not show a high and confirmed risk but it says that there is some risk associated with this.

At a point of time when Swiss Re came close to become a partner, it is believed that the entry of a larger financial base named Ergo will dim its chances to partner with Reliance Life.

Clearly, there is no end to the companies that want to partner with this R-ADAG backed company but Ergo - part of Munich Re which is Swiss Re's rival has been seeking an entry into the Indian market for a long time after it broke its ties with the Hero Honda Group, the largest player in the Indian two-wheeler industry.

Swiss researchers have said that people who have used electronic cigarettes say they were a bit helpful to quit smoking, but the devices were described as unreliable.

The study involved surveying 81 users and former users of e-cigarettes, says study author Jean-Francois Etter of the University of Geneva in Switzerland.

It is said by ninety-five percent that the e-cigarettes were at least somewhat helpful to stop smoking.

The volcano eruption in Iceland has not only proved to be a trouble for the passengers, but has also disrupted Salman Khan's trip to Switzerland. And it is the a'i'sh again that is playing the spoilsport.

He was supposed to go to Europe for the shooting of his film, Dabanng, but in the midst of all the cancellations, his tour was also cancelled.

Talking about this, the producer of the movie, Arbaaz Khan says that the group was to go to Switzerland today, but thanks to the volcano the venue was shifted to Dubai.

They were going there to shoot a song on Sonakshi Sinha and Salman.

A new research has claimed that moderate drinkers are less prone to rheumatoid arthritis and the illness develops slower.

Swiss scientists conducted study on 2,900 adults suffering from rheumatoid arthritis and discovered that light to moderate drinkers showed slower development in their joint damage as compared with non-drinkers but heavy drinkers showed a greater progression of the illness.

The study results, reported in the Arthritis and Rheumatism Journal, are based on x-ray proof of patients' joint damage and its progression over an average of four years.

In a bid to pose threat against the arch rival, BMW, Saab, the Swedish car maker has released the price of its latest offering Saab 9-5 at £26,495 to £37,995.

With the pre-orders initiating from today, the production has taken a lift from its Trollhatten plant in Sweden. It is supposed to hit showrooms of UK by summer.

It will feature itself in three engines i. e. 160bhp 2.0-litre diesel, 220bhp 2.0-litre and 300bhp 2.8-litre petrol engines. In due time 190bhp 2.0-litre diesel and 180bhp 1.6-litre petrol engine will join the league.

Advanced Digital Broadcast, a Switzerland-based technology firm is set to bring in advanced technology into India to offer a set top box capable of converging content from any screen onto a TV.

The $360-million firm will offer hybrid set-top boxes that connect to television network, the broadband internet and other devices like computer, mobile etc allowing users to access all content on their TV screens.

Hindustan Construction Co. (HCC) is all set to acquire a major stake in Karl Steiner AG, the Switzerland based real estate player.

The Indian construction firm will be picking up a 66% stake in Karl Steiner for now. However, the deal is still waiting for approval from the regulatory authorities of India and Switzerland. HCC has long term plans to take full control of the Swiss developer.

As revealed by Ajit Gulabchand, Chairman and Managing Director, Hindustan Constructions, the company will be buying out the rest 34% stake in Karl Steiner in 2014 from its sole owner Peter Steiner.

A new research has disclosed that structured physical activity programme at school can perk up children's strength and lessen body fat.

Scientists in Switzerland examined 540 seven and 11-year-olds in 15 schools. Over nine months, pupils randomly allocated to an intervention group underwent a physical activity programme designed by experts.

This comprised structuring their subsisting three physical education lessons and adding two additional lessons a week.

They were also given daily short activity breaks and physical activity homework. Students randomly allocated to a control group continued to obtain their subsisting three lessons only.

The revolution that brought computers to your laps, better known as laptops, has now taken a more comfortable shape. Logitech is the company behind these new comfort laptops.

Ever since laptops came into existence they could never be used comfortably in the lap, because of their weight and the hot underside of the laptops. The bottom of the laptop usually becomes hot when used for longer durations.

Logitech's new comfort lapdesk now addresses this problem in one of the most innovative ways. It provides a barrier which is padded that is between the laptop and the user's lap. Lapdesk N700 has added to the laptop a fan to moderate the hot temperature and added high quality speakers to provide your laptop that extra audio boost feature.