It was always going to be tricky to develop a smartwatch that didn’t have to be charged every day. But Swatch is hoping that it can develop a solution. The company is working on a battery that would help smartwatches last up to half a year.

Switzerland’s companies warned of a plunge in exports, tourist revenues and profits after the country’s central bank scrapped its cap on the Swiss franc, sending the currency soaring up to 30% and crushing their competitiveness in world markets.

Technology giant Google has appointed a new head of its Glass wearable technology device division to make the product more fashionable ahead of an expected mainstream launch.

US luxury retailer Tiffany & Co will have to pay about 402m Swiss francs (€328m) to Swatch Group after the watch maker claimed a breach of contract at their joint venture.

Jeweller Harry Winston is selling its watches-to-necklaces division to Swatch Group in a $750m (€562m) cash deal that expands the Swiss watchmaker’s luxury offering and lets the Canadian group concentrate on its diamond mines.

Biel: Swatch, Switzerland’s largest watchmaker, said it sued UBS over investment losses as chief executive Nick Hayek intensified his late father’s disputes with the banking industry.

A SOLAR-POWERED airplane designed to fly day and night without fuel or emissions successfully made its first test flight above the Swiss countryside.

Swatch Group AG, the world’s largest watchmaker, said first-half profit advanced 17% as a recovery in US and Asian spending on luxury goods boosted demand for brands including Omega and Breguet.

The Smart Roadster has the design, inherent power and all the accoutrements of the sports car.

Olympics organisers and a Greek bank have agreed a $72m (£50m) sponsorship deal, one of the largest for the 2004 Games.