Swiss Tourism & Retail: Swiss hotels logged 4.1m overnight stays in June, down 2.2% year-on-year, with foreign demand the main drag. Outdoor & Consumer Goods: Chinese alternative asset manager CPE Yuanfeng agreed to buy Mammut from Jacobs Capital, bringing the Swiss mountain-sports brand under new ownership. Energy & Grid Reliability: A power cut hit at least 14,000 Geneva households after fallen trees/branches cut lines from Verbois; service was restored within hours for most. Agriculture & Biosecurity: Swiss researchers identified a new orthobunyavirus in sick cattle; it’s not highly contagious and currently not seen as a major human risk. Telecom Infrastructure: Circet acquired Technik Partner, strengthening in-building FTTH connectivity and its Swisscom-linked network. Climate Risk & Insurance: Europe’s wildfire season is pushing insurers to absorb large losses while exposing wider gaps in climate coverage. Finance & Compliance: US regulators fined UBS’s US affiliate $125m for repeat AML monitoring failures, including weak wire monitoring and delayed suspicious transaction reporting. Currency/Exports: Swiss exporters’ group Felco pitched an “airbag” fund to cushion sharp franc swings. Industry Dealmaking: Prologis and SEGRO moved toward a recommended combination with a partial cash alternative. Robotics Startup: Zurich’s Exclaim Robotics emerged from stealth, raising $4.95m for large-scale data-centre repair and maintenance robots.