The volatile Middle East situation dominates, with headlines on Trump's ceasefire claims between Israel and Iran, US air strikes and their aftermath, and fluctuations in global oil prices due to regional tensions.

• Trump claims Israel and Iran have agreed ceasefire — Financial Times -
• Trump promises end to ‘12 day war’ between Israel and Iran — Financial Times -
• The Middle East Is in Turmoil. U.S. Frackers See No Reason to Pump More Oil. — Wall Street Journal -

• FirstFT: Trump thanks Iran for ‘very weak’ retaliation against US air strikes — Financial Times -
• Oil Prices Slide and Stocks Rise as Traders Gauge Fallout From Iran Strikes — The New York Times Business -
• Oil tumbles as traders bet on ‘major de-escalation’ between US and Iran — Financial Times -
• Donald Trump claims Israel and Iran have agreed ceasefire — Financial Times -
• Iran Has an Oil Card to Play. So Does the U.S. — Wall Street Journal -
• Trump Confronts Potential for High Oil Prices After Iran Strikes — The New York Times Business -
• Al Udeid: Iran attacks nerve centre of US air power in Gulf — Financial Times -
• Energy majors pull staff from Iraq amid fears of retaliation by Iran — Financial Times -
• Israel strikes notorious Tehran prison as attacks on Iran intensify — Financial Times -
• Trump calls for immediate boost in US oil production — Financial Times -
• What to Know About U.S. Warning to Citizens Abroad Amid Israel-Iran Conflict — The New York Times Business -
• Impact of Iran-Israel conflict on oil could last for years — Financial Times -
• Amid Iran market risks, watch gas as well as oil — Financial Times -
• Iranian paramilitaries go on the hunt for Mossad agents — Financial Times -
• Trump vs Maga — Financial Times -
• Military briefing: will Iran start a new ‘tanker war’? — Financial Times -
• The China Wild Card in the Iran Strike Aftermath — The New York Times Business -
• Real success for Trump in Iran will require de-escalation — Financial Times -
• FirstFT: Trump raises prospect of ‘regime change’ in Iran — Financial Times -
• Could strikes on Iran cause a nuclear disaster? — Financial Times -
• Suicide bombing kills 22 inside Damascus church — Financial Times -
• Trump taunts Iran with prospect of ‘regime change’ after strike on nuclear sites — Financial Times -
• The US, Iran and markets — Financial Times -
• Trump and Tehran can still make a deal — Financial Times -
• Where is Iran’s uranium? Search continues for 400kg stockpile — Financial Times -
• The US targets Iran’s nuclear programme — Financial Times -

Economic developments in the US include factory job shortages, discussions on Fed interest rate cuts, and significant corporate news such as Ford's battery plant strategy and the passing of FedEx founder Fred Smith.

• Why Factories Are Having Trouble Filling Nearly 400,000 Open Jobs — The New York Times Business -
• Opinion | Notable & Quotable: FedEx’s Fred Smith, RIP — Wall Street Journal -
• Ford Will Keep Battery Factory Even if Republicans Ax Tax Break — The New York Times Business -

• IBM Consulting hires EY veteran Andy Baldwin — Financial Times -
• Fred Smith, Billionaire Founder of FedEx, Is Dead at 80 — The New York Times Business -
• Fed official Michelle Bowman calls for rate cut as soon as July — Financial Times -
• Ford Still Scrambling to Get Rare-Earth Magnets — Wall Street Journal -
• Second Fed Official Indicates Support for Faster Rate Cuts — The New York Times Business -
• Tesla Begins Limited Robotaxi Service in Austin — The New York Times Business -
• Wall Street should heed the signal from Mamdani’s mayoral race — Financial Times -
• New York to Build One of First U.S. Nuclear-Power Plants in Generation — Wall Street Journal -
• Can Walmart Shed Its Discount Vibe? Its New Home Office Offers a Clue. — The New York Times Business -
• America’s Biggest Cement Supplier Set to Make Its Market Debut — Wall Street Journal -
• America’s Top Logger Bets It Can Make Money Off Small, Crooked Trees — Wall Street Journal -
• Starbucks barista union recruitment collides with company hiring spree — Financial Times -
• The Florida phone network behind Trump Mobile’s ‘Made in America’ ambitions — Financial Times -
• Tariffs on household goods bring home costs of Trump’s trade wars — Financial Times -
• Resilience to Trump tariffs helps push Tampa to top of FT-Nikkei rankings — Financial Times -
• A New Meatpacking Plant’s Novel Pitch to Attract American Workers — Wall Street Journal -
• US semiconductor maker Wolfspeed to file for bankruptcy — Financial Times -

Key issues in the UK involve Labour's industrial strategy and welfare reforms, increased defence spending targets ahead of the Nato summit, and the impact of energy prices on businesses.

• UK defence funding will hit 5% of GDP by 2035, Starmer to tell Nato summit — Financial Times -
• Dozens of rebel Labour MPs seek to stop Starmer’s welfare reforms — Financial Times -
• Was Labour’s industrial strategy worth the wait? — Financial Times -

• UK takeover scrutiny to be relaxed as part of industrial strategy — Financial Times -
• UK moves to ban pro-Palestinian protest group after air base break-in — Financial Times -
• Farage to offer non-doms £250,000 fee to avoid UK tax for life — Financial Times -
• UK government to invest more than £500mn in quantum computing — Financial Times -
• Energy prices to be cut for businesses as part of UK industrial strategy — Financial Times -
• National investigation launched into maternity care in England — Financial Times -
• UK output price inflation hits 4-year low, survey shows — Financial Times -
• Advent agrees £4.4bn takeover of London-listed Spectris — Financial Times -
• Keir Starmer’s balancing act on Iran risks political pain at home — Financial Times -
• Campaigners launch legal challenge to Thames Water reservoir plan — Financial Times -
• UK lobbies South Korea to switch to Rolls-Royce for new fighter jet programme — Financial Times -
• The industrial strategy will provide certainty for business — Financial Times -

This section highlights the evolving tech landscape, covering FTC approval of major ad agency mergers, the rise of AI in recruitment, and government bans on social media apps like WhatsApp.

• FTC Approves Omnicom-IPG Merger After Ad Giants Pledge Not to Boycott Over Politics — Wall Street Journal -
• Omnicom and Interpublic, Seeking Merger, Agree to FTC’s No-Boycott Deal — The New York Times Business -
• Opinion | TikTok and the Decline of Congress — Wall Street Journal -

• US House of Representatives bans WhatsApp on government devices — Financial Times -
• Influencers Step Onto Center Stage at Cannes — The New York Times Business -
• Employers Are Buried in A.I.-Generated Résumés — The New York Times Business -
• Continental Creates New Semiconductor Business — Wall Street Journal -
• Apple locked in last-minute App Store negotiations to avoid Brussels fines — Financial Times -
• The Holy Grail of Automation: Now a Robot Can Unload a Truck — Wall Street Journal -
• Millions of Résumés Never Make It Past the Bots. One Man Is Trying to Find Out Why. — Wall Street Journal -

European nations are re-evaluating their security, with Germany planning a significant boost in defence spending, discussions around Nato unity and a rebalance of the alliance, and Canada and the EU signing a defence pact.

• Germany to boost defence spending at faster rate than France or UK — Financial Times -
• Canada and EU sign defence pact in step towards jointly procuring arms — Financial Times -
• Macron and Merz: Europe must arm itself in an unstable world — Financial Times -

• Sánchez torpedoes Nato unity on eve of crucial summit — Financial Times -
• A road map to rebalance the Nato alliance — Financial Times -
• Germany floats return to conscription if volunteer plan fails — Financial Times -
• End Nato secrecy to convince voters on defence spending, says Lithuania — Financial Times -
• What happens to Nato if the US steps back? — Financial Times -

International economic narratives include Oman's first personal income tax, discussions on China's renminbi policy, and calls for state aid for Australian miners amid energy transition challenges.

• Cobalt price jumps as DR Congo extends export ban — Financial Times -
• Oman to be first Arab state in the Gulf to levy personal income tax — Financial Times -
• Governments aren’t hearing the calls for aid — Financial Times -

• ‘ESD’: an investor framework for an era of upheaval — Financial Times -
• Japan’s ruling party suffers record low result in Tokyo poll — Financial Times -
• ‘The Better Life Is Out of Reach’: The Chinese Dream Is Slipping Away — The New York Times Business -
• EU should use trade deals to send back migrants, says Belgian minister — Financial Times -
• China needs to take a long-term view and let the renminbi rise — Financial Times -
• Australian miners and smelters call for state aid during energy transition — Financial Times -
• Trump’s drug plan risks higher medicine prices in Europe — Financial Times -
• Germany and Italy pressed to bring $245bn of gold home from US — Financial Times -

This topic explores cultural and social trends, featuring advice on London exhibitions and terraces, the marketing spectacle of the NBA Finals celebration, and travel trends influenced by political divisions.

• Opinion | I Envy the Nightly Newsless — Wall Street Journal -
• How the NBA Finals’ Champagne Celebration Became a Marketing Moment — The New York Times Business -
• The best exhibitions to see in London this weekend — Financial Times -

• Travel outside your political tribe? Many are saying ‘no thanks’ — Financial Times -
• The 10 most entertaining terraces in London — Financial Times -
• Island-Hopping on a D.I.Y. Caribbean Cruise — The New York Times Business -
• ‘Kirklandisation’ of Big Law pushes firms to launch salaried partnerships — Financial Times -
• Anyone for tennis? An insider guide to London’s new wave of social clubs — Financial Times -