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Switzerland’s new energy challenge: keeping cool in a warming climate
2026-07-29
Homes and cities in Switzerland were designed to cope with winter. Today, scorching summers are driving up the use of air conditioning and raising energy demands for cooling down. What does this mean for the electricity grid? Switzerland is built for winter. Almost all buildings are equipped with heating systems and were designed to maximise …
JURA CEO: ‘coffee consumption has become a global phenomenon’
2026-07-25
As CEO of the JURA coffee machine maker, Emanuel Probst has transformed the company from a Swiss business into a global one. He says that shift will continue. Over the past three decades, JURA has evolved from a debt-ridden, multi-product company into one of the world’s leading brands of premium “bean-to-cup” fully automatic coffee machines, …
China is courting Swiss start-ups for their intellectual property
2026-07-23
China is courting Swiss start-ups with offers that sound too good to be true such as interest-free funding, free office space for years on end, accelerator programmes and a business-friendly regulatory environment. But according to historian Ariane Knüsel, the real objective is not cooperation, but rather technology transfer and dominance in strategic sectors. China’s appeal …
Cyberattackers demand CHF10m from Swiss train maker Stadler
2026-07-21
Cybercriminals have demanded a ransom of CHF10 million from Swiss rail equipment manufacturer Stadler Rail to return data stolen from one of its suppliers during a cyberattack. Stadler says its own IT systems were not compromised and production is continuing as normal. Stadler will not pay the ransom demanded by the cybercriminal group Everest and …
EU steps up antitrust case against Swiss chemicals firm Sika
2026-07-20
The European Commission is stepping up antitrust proceedings against the construction chemicals group Sika and other manufacturers. The Commission has sent statements of objections regarding suspected price-fixing in relation to chemical additives for cement, concrete and mortar. According to the EC’s preliminary assessment, the companies are alleged to have colluded on future price increases between …
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 …
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