Swiss Telecom & Sovereignty: Swisscom says software-defined networking, identity and access control now matter as much as the physical line—raising the question of who can “pull the plug” on critical connectivity. Art Basel Parent Profit: MCH Group, behind Art Basel, reported higher H1 2026 revenue and a quadrupling of net profit to CHF 18.4m, helped by events like Art Basel Qatar despite Middle East disruptions. Space Manufacturing Expansion: Zurich-based Beyond Gravity doubled Linköping dispenser output capacity to 192 modules per year from October 2026, targeting Amazon’s satellite launches. FIFA Governance Funding: FIFA’s Infantino moved to consolidate proposals after friction over the FIFA Forward Enterprise plan, with a council review set for 15 October. Russia Asset Seizures: Putin placed Metro Cash & Carry’s Russian assets under temporary management, following earlier moves against Nestlé and Auchan—another pressure point for Swiss-linked business. Swiss Banking Watch: UBS faces a 9% profit hit from the latest Swiss capital plan, as regulators tighten the rules. US Markets & Rates: U.S. stocks slid as the bond rout pushed Treasury yields higher, weighing on risk appetite. Pharma Tariff Relief: The U.S. added Switzerland to a list of jurisdictions eligible for zero tariffs on specified specialty drug products and ingredients.