Nestlé Turnaround Wobble: Nestlé shares in Switzerland slid the most in 24 years after North America volumes fell, undercutting hopes for CEO Philipp Navratil’s recovery plan. Swiss Banking Meets Crypto: Ticino’s BancaStato is integrating Sygnum’s crypto trading into its Avaloq-powered mobile and web apps, adding Bitcoin, Ethereum, Solana and Litecoin inside a regulated banking setup. Logistics Momentum: Kuehne+Nagel reported strong Q2 results, with air logistics revenue up and EBIT rising, while it also weighs options for its Apex Logistics unit. Semiconductors Under Pressure: STMicroelectronics shares dropped after Q2 numbers missed expectations, even as management stayed upbeat on AI datacentre demand. Water Deal Reshapes Portfolio: Nestlé is spinning off its global water business into a joint venture with Platinum Equity in a deal valued around €4.9bn. Sustainability Reporting Push: RSPO released guidance to help certified palm oil producers align sustainability disclosures with IFRS S1 and S2. AI Image Fraud Standards: New international standards efforts aim to tackle the growing credibility problem from AI-generated images and deepfakes. Tourism & Connectivity: beOnd plans direct Red Sea flights from Europe including Zurich, while cruise calls keep boosting Welsh ports with German-speaking visitors.