Drone tariffs hit the U.S. market: The Trump administration’s Section 232 move sets duties up to 100% on imported unmanned aircraft systems over 25 kg, plus drones with thermal imaging, docking stations, and key components; smaller drones face 25%, with 15% caps for qualifying EU/Japan/South Korea/Taiwan/Switzerland/Liechtenstein and 10% for the UK, starting Sept. 3, 2026 (some component rules later). Liechtenstein-linked compliance: The lower rates depend on proving “substantially all” critical hardware/software comes from approved origins, putting extra paperwork pressure on cross-border drone supply chains. Cybersecurity & identity business: WISeKey appoints Alexander Hirsch as Group CMO to coordinate global marketing across post-quantum security, semiconductors, quantum tech, satellite comms, and digital identity. Health tech in the spotlight: Implantica reports interim results for Jan–Jun 2026, including Nature Scientific Reports safety data and an FDA approval milestone for RefluxStop® enabling a U.S. launch. Finance update: LGT crosses CHF 400bn in assets under management for the first time, citing strong first-half inflows and Asia momentum. Vatican governance with Liechtenstein ties: Pope Leo XIV appoints Liechtenstein’s Princess Gisela Bergmann to the Council for the Economy, bringing engineering and wealth-management experience into Vatican financial oversight.