The World Council of Churches will help deliver Christmas messages and prayers of peace to the biblical birthplace of Jesus.

An American customer of UBS AG will ask a Swiss court to stop his account details from being handed over to U.S. authorities probing alleged tax evasion, his lawyer said Monday.

The World Trade Organization opened an investigation Monday into Thai import charges on foreign cigarettes, acting on a complaint from the Philippines.

Fixing the world’s largest atom smasher will cost at least 25 million francs ($21 million) and may take until early summer, its operator said Monday.

Fixing the world’s largest atom smasher will cost at least 25 million francs ($21 million) and may take until early summer, its operator said Monday.

UBS AG said Monday that starting next year it will stop making bonus payments to its chairman and that other top executives will be penalized if the bank performs badly to discourage irresponsible risk-taking.

The scientific organization CERN says repairs caused by an electrical fault in the world’s largest atom smasher will cost 25-35 million Swiss francs ($21-29 million).

Switzerland’s largest bank plans to delay the bonuses it pays to senior managers to discourage the kind of risky short-term behavior that has cost it more than 45 billion francs ($40 billion) over the past year, according to a newspaper report Sunday.

A renowned Swiss scientific institute says it has built a drill that spins at least twice as fast as any motor currently in existence.

Migrant remittances, a vital source of income for poor countries, could decline by up to 6 percent next year due to worsening economic conditions around the world, the U.N.’s trade chief said Friday.