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Cement firm Lafarge found guilty of financing terrorism in Syria
2026-04-13
French cement manufacturer Lafarge and eight former executives were found guilty on Monday of financing terrorism in 2013 and 2014, for paying jihadist groups to keep a factory running in the midst of the war in Syria. The company, which has since been merged with Swiss cement manufacturer Holcim group, made payments to three jihadist …
Switzerland’s Zug becomes bolt-hole for Gulf-based wealth
2026-04-12
In search of a haven from conflict in the Gulf, Dubai’s expatriates are homing in on Zug – a picturesque Swiss canton of just 135,000 people better known for commodity traders and cryptocurrency firms. The influx includes wealthy individuals, family offices and companies, according to Heinz Tännler, Zug’s finance director, who said interest had picked …
Lufthansa strike leads to flight cancellations in Switzerland
2026-04-10
A strike by Lufthansa flight attendants also impacted air traffic in Switzerland. There were eight flight cancellations in Basel, four in Geneva and six in Zurich on Friday. + Get the most important news from Switzerland in your inbox At the end of the Easter travel wave, Lufthansa cabin crew went on strike, leading to …
Trump tariff rebuke, thoughts of a 100-year-old banker, and designer babies
2026-02-25
Welcome to our press review of events in the United States. Every Wednesday I look at how the Swiss media have reported and reacted to three major stories in the US – in politics, finance and science. When former Swiss banker Yves Oltramare first travelled to the United States aged 25, Donald Trump was still …
How the Swiss franc became one of the world’s most trusted currencies
2026-02-25
From the monetary chaos of the 19th century to its status today as a global safe haven, this is the story of how the Swiss franc emerged and why it inspires such confidence. In the early 1800s, Switzerland’s monetary system was in disorder. There was no single currency: hundreds of different coins circulated simultaneously, including …
Swiss industrial sector lagged in December
2026-01-05
Swiss small and medium-sized industrial companies saw their activity decline in December. The SME Purchasing Managers’ Index (PMI) fell by 0.9 points to 49.4, once again falling below the 50-point growth threshold. +Get the most important news from Switzerland in your inbox This first bout of gloom since August is primarily due to sluggish demand, …
Smartphones, streaming, AI: digital tech’s outsized climate impact in Switzerland
2026-01-03
Everyday devices and online services sap the planet’s natural resources and contribute to climate change. But there are ways to make digital life greener. More than six billion people – three quarters of the world’s population – are now online. In high-income countries like Switzerland, virtually the entire population has internet access. The Swiss spend …
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