Up to 200 Swiss companies targeted by ransomware hacker group
2025-10-16
The hacker group Akira has intensified its activities in Switzerland. Around 200 companies have fallen victim to ransomware attacks. The damage currently amounts to several million francs and several hundred million dollars worldwide. + Get the most important news from Switzerland in your inbox The Office of the Attorney General of Switzerland (OAG) has been …
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Swiss Gaza flotilla activists return, Ukrainian protection status, social media ban for minors
2025-10-10
Here are three stories from Switzerland you may have missed this week.
Number one: all 19 Swiss members of the Gaza flotilla have returned home this week after being expelled from Israel.
Number two: starting in November, Ukrainian refugees from seven western regions of the country will no longer be eligible for S protection status in Switzerland.
Number three: the head of the Association of School Principals in German-speaking Switzerland says social media should be banned for minors.
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Swiss drugmakers face mixed fortunes amid Trump’s tariff upheaval
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Pharma giants may escape the worst of the import tariffs threatened by US President Donald Trump as they cut drug prices and commit to invest billions in US manufacturing. But Switzerland’s smaller developers face a more uncertain future. More pharma companies are expected to follow in the steps of American giant Pfizer and secure deals …
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Swiss solar industry fears end of boom period
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Swiss solar panel company Mons Solar has filed for bankruptcy as the domestic industry faces a reduction in state subsidies. +Get the most important news from Switzerland in your inbox With the coronavirus pandemic and the energy crisis a few years ago, the market for solar systems experienced a veritable boom. Figures from the industry …
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Trump’s tariffs expose weakness of Switzerland’s economic independence
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It’s not often that Switzerland finds itself at the sharp end of a global trade dispute. Even less often is it singled out with punitive action from a major trading partner. But this month, the US imposed a 39% tariff on most Swiss goods after a seven-day grace period lapsed. It is a rate more …
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Switzerland regains crown as world’s most competitive nation
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Switzerland has been ranked as the most competitive country in the world, having lost the title to Nordic and Asian rivals in recent years. +Get the most important news from Switzerland in your inbox According to an annual study by the Lausanne-based IMD business school, Switzerland has pushed Singapore and Hong Kong into second and …
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Datwyler to close Ohio site putting 70 jobs at risk
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The Uri-based industrial group Datwyler is streamlining its production network in the US. The closure of one site in Ohio will probably result in the loss of the vast majority of the 70 or so jobs there. Datwyler announced on Wednesday that the production and sales activities at the Vandalia site in Ohio will be …
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