Swiss Dealmaking & Capital Markets: Swiss IPO activity bounced back in Q2 after a near standstill in Q1, with new listings including Centiel’s IPO via a merger and DSM-Firmenich trading on SIX. Indoor Climate & HVAC: Ecovent signed a partnership with Zehnder Group to distribute indoor air quality solutions in Romania, underlining cross-border growth in indoor climate tech. Biopharma Manufacturing: Lonza expanded its strategic collaboration with a leading US biopharmaceutical firm, adding two biologics programs (with options for more), reflecting continued outsourcing demand. Toxicology Services: AsedaSciences and Biobide agreed to integrate aquatic toxicity testing into the 3RnD platform, aiming to streamline ordering and data management for chemical developers. EU Trade & Logistics Costs: The EU rolled out a small-parcel levy to curb the flow of cheap goods, ending duty exemptions for parcels under €150 and adding a temporary €3 charge per item. Swiss Shipping Investment: MSC (Switzerland-based) is set to buy 49% of Adani’s Vizhinjam port stake, while Kerala’s CM says state approval is mandatory for the transfer. Food Industry: Nestlé plans to change KitKat recipes across Europe to make them crispier and adjust taste, while also moving to cut artificial colourings by end-2026. Heat & Infrastructure Risk: Europe’s record heatwave is driving demand for cooling products and disrupting infrastructure, with Switzerland among the countries breaking June records.