Gunther

Switzerland's government on Thursday cut its 2026 economic forecast for the country, citing the Trump administration's punitive tariffs as a "heavy burden" on its industries. Officials held their forecast for the Swiss economy to expand by 1.3% this year, but noted that this level of economic growth

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Trump’s latest tariffs threaten Europe’s pharma sector.UK’s AstraZeneca is shielded from the worst.Further tariffs could be announced in the coming weeks, which could knock sentiment to risk.UK bond yields in focus, as Keir Starmer sees off threat from Andy Burnham.David Einhorn warns on AI risks. S