Switzerland is riddled with biomedical start-ups looking to raise funds and boost research. Sarah Chiarello caught up with Markus Hosang from BioMedPartners and Jesús Martin-Garcia, CEO of GeNeuro, to see whether going public or being bought by a bigger company offers the most profitable solution.
One-third of the world’s food is thrown away, accounting for about 8 percent of greenhouse gas emissions. According to the Swiss Federal Office for the Environment, at least two-thirds of this is food is still edible when disposed. Tanya König looked at three start-ups trying to solve this problem.
While today’s code-breakers tend to be criminal organizations rather than foreign spy agencies, state-sponsored attacks targeting companies have increased significantly, said Andy Powell, chief information security officer at Maersk. He spoke on the sidelines of a cybersecurity conference that coincided with fresh revelations about Crypto AG, the Swiss encryption firm that helped the CIA break other nations’ secret messages.
Demand for ingredients used in food and medicine, which mostly come from China, has outstripped supply in the past two weeks as the coronavirus outbreak raises fears of a prolonged disruption in supply chains. “We would say about three times more demand than we would typically see in normal market situations,” says Pau Franquet, CEO of Kemiex, a Swiss-based global trade network.
Long before Crypto Valley, there was Crypto AG, a Zug-based encryption company. Now the past is catching up with it after it was revealed to be at the center of a worldwide spy operation by the CIA and BND. CNNMoney Switzerland spoke to SRF journalist Fiona Endres, who worked on the investigation. She says it calls into question Switzerland’s policy of neutrality in international conflicts.
Austrian sensor maker AMS plans to tap shareholders for 1.65 billion euros as soon as this month to fund the acquisition of Germany’s Osram. AMS is buying the lighting company to reduce its dependence on smartphone producers like Apple. Ana Maria Montero spoke to CEO Alexander Everke about the plan.
The first-ever “Startup Guide Switzerland,” which focuses on start-ups that try to have a positive impact, has just come out. Tanya König was at the launch event yesterday and finds out more about the start-up landscape in Switzerland and why the guide is overdue.
For Guy Ryder, director-general of the International Labour Organization, climate change is a work issue. “We have to move a lot people out of what they are doing now into what they will be doing in the future,” he says. But what do you think? How will global warming impact your work? And are we prepared for this?
[Branded Content] The root cause of and the measures to close the knowledge gap around ESG are discussed by Vontobel Sustainable Investing Specialists, Thomas Trsan and Lukas Münstermann and Falko Paetzold from the University of Zurich in a roundtable at CNNMoney Switzerland.
Switzerland’s Federal Council has been elected today. The Green Party was not able to win a seat and therefore all members are the same as before the election. Sound confusing? Tanya König breaks it all down.
Five billion people globally have insufficient access to health care. Mercy Ships has been using floating hospitals to reach those in need since 1978 and is planning a massive addition to its fleet in 2021. Roland Decorvet, chairman of Mercy Ships Switzerland, tells us more.
Politicians such as Federal Councillor Ignazio Cassis, former Swiss President Doris Leuthard, former German Vice Chancellor Sigmar Gabriel, and business leaders met at Europa Forum Luzern and shared their views on Europe and Switzerland.
The fashion and textile industries are responsible for around 10 percentage of global greenhouse gas emissions, as much as the total climate impact of the entire European Union. With an estimated 100 billion items of clothes produced annually, retail brands are increasingly coming up with new initiatives for upcycling and repairing.