← May 16, 2025

The focus is on Trump's tariffs impacting various sectors, including movies and luxury brands, and the reactions from Asia and the US Fed. Walmart's price hikes due to tariffs are opening doors for other companies to increase prices as well.

• Walmart’s Price Hikes Open Door to Increases From ‘Everybody Else’ — Wall Street Journal - 01:00
• Tariffs are pulling Fed in opposing directions, Fidelity bond chief says — Financial Times - 04:00
• ‘It’s All About Trump’s Tariffs’: Asia Flocks to U.S. Trade Official — The New York Times Business - 09:03

• Trump’s Movie Tariffs Run the Risk of a Second, More Damaging, Trade War — The New York Times Business - 09:01
• Cartier owner Richemont rules out big price rises despite US tariff impact — Financial Times - 09:09
• For Luxury Brands, There Are No Replacements as China and the U.S. Falter — Wall Street Journal - 09:30

Political developments including Ukraine-Russia peace talks, NJ Transit strike, the possibility of banning Alternative for Germany, and UK policy changes on immigration and tax-free allowances are discussed. Economic indicators suggest a US recession is less likely, while Britain's quantitative tightening is expected to have long-term negative impacts.

• Federal Officials May Limit Recommendations for Covid Vaccine — The New York Times Business - 01:40
• The UK needs to make it simpler for the wealthy to move here — Financial Times - 03:00
• Will Merz ban the far-right Alternative for Germany? — Financial Times - 04:00

• In charts: Reform stands to gain in England’s ‘left behind’ areas — Financial Times - 04:00
• A US recession doesn’t seem so likely any more — Financial Times - 04:00
• ‘It will be horrendous’: care crisis warning as UK ends overseas recruitment — Financial Times - 04:00
• UK ministers consider cutting tax-free cash Isa allowance — Financial Times - 04:00
• Britain’s quantitative tightening will hurt us for a long, long time — Financial Times - 05:00
• Starmer’s immigration speech fits with Labour tradition, but so does losing — Financial Times - 08:30
• Ukraine and Russia to hold first peace talks in three years — Financial Times - 09:26
• NJ Transit Workers Go on Strike: What to Know — Wall Street Journal - 10:07

Updates cover Microsoft's antitrust investigation, AI investment in memory capabilities, Richemont's sales boost, GlobalWafers' US investment, Swiss Re's profit, gold prices, and the possibility of Bill Ackman creating a Berkshire Hathaway rival. Additionally, there are articles on quick commerce in India and air traffic control issues.

• This Air-Traffic Controller Just Averted a Midair Collision. Now He’s Speaking Out. — Wall Street Journal - 00:20
• India’s quick commerce is popular but not profitable — Financial Times - 01:30
• Can Bill Ackman create a Berkshire Hathaway rival? — Financial Times - 04:00

• Has gold peaked? — Financial Times - 05:30
• Swiss Re Posts Profit Beat Despite Softer Revenue — Wall Street Journal - 06:24
• GlobalWafers Plans Additional $4 Billion Investment in U.S. — Wall Street Journal - 07:29
• Cartier Parent Richemont Posts Higher Sales on Jewelry Boost — Wall Street Journal - 08:41
• FirstFT: AI groups invest in building memory capabilities — Financial Times - 10:09
• EU Seeks Feedback on Microsoft’s Offer to End Teams Antitrust Investigation — Wall Street Journal - 10:46

The headlines cover topics such as Israel's Gaza strikes, Ukraine-Russia peace talks, tensions between US and China regarding chip deals, and Japan's stance on trade deals with the US. There's also mention of oil sanctions potentially undermining US power.

• Trump’s Computer Chip Deals With Saudi Arabia and UAE Divide US Government — The New York Times Business - 02:08
• Japan to hold out for better trade deal with US — Financial Times - 04:00
• Oil sanctions could undercut US power — Financial Times - 04:00

• How Ukraine lost hundreds of millions on arms deals gone wrong — Financial Times - 04:00
• Israel escalates Gaza strikes as it steps up pressure on ceasefire talks — Financial Times - 10:08

This category covers a variety of topics including Lockheed Martin's European defense tie-up, water watchdog investments in the UK, a discussion on luxury British cars, coverage of Paula Kerger and PBS, innovative lawyers in Asia-Pacific, emerging multinationals in China, and various cultural and lifestyle pieces.

• Can C-SPAN Pull Off ‘Crossfire,’ but With Civility? — The New York Times Business - 00:00
• China’s emerging multinationals learn from earlier pitfalls — Financial Times - 00:00
• Hong Kong’s fintech ambitions keep lawyers busy on policymaking and deals — Financial Times - 00:00

• Legal advisers optimistic about recovery in Chinese M&A activity — Financial Times - 00:00
• Asia-Pacific Innovative Lawyers — Financial Times - 00:05
• America’s Love Affair With Posh British Cars Is Under Threat Despite Trade Deal — Wall Street Journal - 03:00
• Nvidia plans Shanghai research centre in new commitment to China — Financial Times - 04:00
• Trump made me a hundred grand — Financial Times - 04:00
• ‘I’ll take three!’ — the pros and cons of buying multiples of your best clothes — Financial Times - 04:00
• ‘Hell to get to’: Scottish traffic threatens Trump’s Open dreams — Financial Times - 04:00
• Are American assets great again? Not so fast — Financial Times - 04:00
• Why Romania’s high-stakes presidential election is a pivotal moment — Financial Times - 05:00
• A love letter to The Carlyle, by novelist Christopher Bollen — Financial Times - 08:30
• The world according to Wim Wenders — Financial Times - 08:30
• In Patagonia – another journey to the end of the world — Financial Times - 08:30
• Nine Federally Funded Scientific Breakthroughs That Changed Everything — The New York Times Business - 09:00
• Can Paula Kerger Keep PBS on the Air Amid Threats from Trump and Congress? — The New York Times Business - 09:02
• Silicon Valley’s New Hold on Washington — Wall Street Journal - 09:30
• Lockheed Martin Speeds Up European Defense Tie-Up Talks Amid EU Push to Buy Local — Wall Street Journal - 10:01
• UK water watchdog woos investors with ‘guaranteed revenues’ as it seeks £50bn — Financial Times - 10:18
• Bold Names Season 3 — Wall Street Journal - 10:43
• EU moves to settle Microsoft Teams antitrust case — Financial Times - 09:45