Swedish Industry & Tech: Kalmar opened an industry-first fully automated Test Centre in Ljungby, built for 24/7 accelerated lifetime testing of electric and diesel material-handling equipment, aiming to cut time-to-market and boost reliability. Semiconductors & Photonics: Sivers Semiconductors plans a $30m expansion of photonics production in Glasgow, targeting commissioning in Q4 2027 and ramping capacity to 100m distributed-feedback lasers annually for AI data-center optical networks. Manufacturing & M&A: EQT is buying London-based insurance broker McGill and Partners for $2bn, with Clifford Chance advising, underscoring continued deal momentum in financial services. Privacy & AI (watch-outs for Sweden-linked firms): Mullvad will shut down its public encrypted DNS service and back Quad9 instead, while Meta faces renewed legal heat over smart glasses allegedly capturing and using sensitive footage without proper consent. Energy & Shipping Policy: IMO Net-Zero Framework talks resume in London as proposals clash over fuel pricing versus intensity targets, with LNG and liquefied biomethane backed by US officials. Defense & Industrial Base: Sweden’s defense procurement continues to ripple through Europe’s supply chains as NATO spending stays elevated.