Swiss Industry & Energy: Europe’s heat is turning into an economic drag, with record temperatures hitting productivity and sectors like construction, agriculture and logistics, while Switzerland is among the hardest-hit. Industrial Safety & Automation: Schmersal expands in Pune, inaugurating a new 25,000 sq ft Global Competence Center and launching six “Make in India” machine-safety products. AI Governance: Oman joins the UN’s Global Dialogue on AI Governance in Geneva, pushing for safer, fairer AI with broad UN member-state participation. Medtech & Pharma Deals: Novartis agrees to buy London biotech Myricx Bio for up to $1.5bn to bolster next-generation antibody-drug conjugates. Robotics & Manufacturing Theme: Global X’s BOTZ is repositioning from “automation” to “robots that move boxes, perform surgery and drive cars,” highlighting how investors are chasing physical AI exposure. Swiss Finance: Vontobel opens a West Coast office in Los Angeles, aiming to serve US clients with diversified portfolios including currencies and precious metals. Cyber/Trust Risk: A UN panel warns AI is eroding information integrity and weakening shared reality needed for public trust. Swiss Tech & Infrastructure: Neo Medical launches its Instant MIS Access platform in the US, targeting operational barriers to scale minimally invasive spine surgery.