UK–Switzerland Trade & Travel: A new UK–Switzerland Free Trade Agreement is set to unlock £5.2bn a year in extra UK services exports and, separately, let British travellers use Swiss e-gates at airports while roaming charges are scrapped. Luxury Retail Watchmaking: Watches of Switzerland (UK-listed) posted record FY profit and revenue, with US demand (now over half of group revenue) driving results despite tariff-driven pricing shifts. Agri-Food Trade: The UK says an enhanced deal will allow UK lamb into Switzerland tariff-free for the first time, alongside tariff cuts for beef and dairy. Energy & Geopolitics: Oil jumps as the US reinstates an Iranian port blockade and adds a 20% Hormuz cargo charge, raising costs and inflation worries. Swiss Climate & Data: ETH Zurich researchers published a high-resolution national sunlight map tracking shadows across Switzerland, aimed at improving planning for snow, forests and water. AI & Cybersecurity (Switzerland-linked): ServiceNow patched a critical AI platform flaw that could allow unauthenticated remote code execution. Energy Software Investment: ABB took a minority stake in Gridcog to speed up modelling for microgrids and energy-as-a-service. AgTech & Soil Carbon: Syngenta and Groundwork BioAg partnered to market mycorrhiza-based biologicals and soil carbon solutions for farmers in Latin America and Europe. Semiconductors & AI Design: Chipmind launched RTL Canvas to help engineers review AI-generated chip designs more safely.