The impact of President Trump's administration is widely reported, with headlines detailing tariff hits on companies like Nokia and GM, AstraZeneca's strategic investments amidst trade threats, and Trump's engagement in trade deals with nations like the Philippines while exerting pressure on the Federal Reserve and its chair, Jerome Powell.

• Trump Expects $20 Million More in Ad Dollars From ‘60 Minutes’ Settlement — Wall Street Journal -
• Nokia blames fall in profit outlook on Trump tariffs and weaker dollar — Financial Times -
• AstraZeneca Joins Pharma Investment Push in U.S. Amid Tariff Threat — The New York Times Business -

• As the Dollar Slides, the Euro Is Picking Up Speed — The New York Times Business -
• G.M. Profit Shrinks on Billion-Dollar Tariff Hit — The New York Times Business -
• Philippines’ Leader Meets With Trump to Clinch Trade Deal — The New York Times Business -
• Trump Administration Keeps Pressure on Powell Over Rate Cuts and Renovations — The New York Times Business -
• GM Profit Shrinks After $1.1 Billion Tariff Hit — Wall Street Journal -
• The EU should get tough with Trump on trade — Financial Times -
• U.S. Steel Producers Raise Prices After Tariffs Stymie Imports — The New York Times Business -
• GM profits hit by Trump’s tariffs while EV sales more than double — Financial Times -
• White House Pushes to Block Government Accountability Office Inquiries Into Its Cuts — The New York Times Business -
• Why a $2.5bn refurbishment of the Fed could be Jay Powell’s undoing — Financial Times -
• Investors Shrug Off Trump’s Attacks on the Fed and Trade Allies — The New York Times Business -
• US Treasury secretary calls for examination of ‘entire Federal Reserve institution’ — Financial Times -
• Will Trump’s Tariffs Spoil Earnings Season? — The New York Times Business -
• Coca-Cola to launch cane sugar-based Coke in US this autumn — Financial Times -
• How the Fed will deal with Trump’s budget — Financial Times -
• Trump — emperor of Brazil — Financial Times -
• AstraZeneca pledges $50bn in US investment as Trump pharma tariffs loom — Financial Times -
• Race to find Trump successor gets under way in Iowa — Financial Times -
• Trump left a power vacuum at the UN. China saw an opportunity — Financial Times -

Key corporate news includes Hewlett Packard's major legal victory against Mike Lynch's estate, Lockheed Martin's significant profit plunge, and Health-Ade Kombucha's half-billion-dollar sale, alongside **regulatory discussions on M&A strategies and Universal Music Group's public offering plans**.

• Mike Lynch’s Estate Ordered to Pay Hewlett Packard $945 Million — The New York Times Business -
• Coke With Cane Sugar Is Coming. But Corn Syrup Isn’t Going Away. — Wall Street Journal -
• Lockheed Martin profits plunge almost 80% as it takes $1.6bn in charges — Financial Times -

• Mike Lynch’s Estate Hit by $900 Million-Plus Court Order — Wall Street Journal -
• Health-Ade Kombucha Sells for $500 Million — Wall Street Journal -
• Tesla Driver Testifies Autopilot Failed to Prevent Fatal Crash — The New York Times Business -
• The art of no deal: M&A in the age of the Unitary Executive — Financial Times -
• Bari Weiss seeks more than $200mn for media start-up The Free Press — Financial Times -
• Universal Music Group Files for U.S. Public Offering — The New York Times Business -
• Global pharma companies do record deals with Chinese biotechs — Financial Times -

The UK faces fiscal challenges with rising borrowing and debate over the costly Sizewell C nuclear project, while also navigating reforms in the planning sector, changes in musician streaming earnings, and government efforts to address economic and regulatory issues.

• The sweet deal investors secured on Britain’s costly new nuclear plant — Financial Times -
• Older UK musicians set for windfall after record labels back pay plans — Financial Times -
• Rachel Reeves defends retreat over planning bill as tactical move to speed up reforms — Financial Times -

• Farewell Ofwat — it’s time UK water had a fresh start — Financial Times -
• UK borrowing rises more than expected in June to £20.7bn — Financial Times -
• Lead Birmingham council troubleshooter resigns abruptly — Financial Times -
• UK forex group Argentex to enter administration after hit from dollar rout — Financial Times -
• Conservative reshuffle brings Cleverly back as shadow housing secretary — Financial Times -
• BoE governor distances himself from Reeves’ attack on regulators — Financial Times -
• Bereaved families to report and pay tax on inherited UK pensions — Financial Times -
• UK set to raise tens of billions of pounds in debt to fund Sizewell C — Financial Times -
• Starmer takes refuge on world stage as domestic troubles mount — Financial Times -
• BYD executive labels UK EV subsidies ‘stupid’ as carmaker expands — Financial Times -
• Pressure grows to shut Blackpool asylum hotel over safety concerns — Financial Times -
• What deregulation means for the UK economy — Financial Times -

International news highlights geopolitical tensions like the Ukraine war and conflict in Gaza, alongside economic shifts such as Ireland's infrastructure spending plans and Nigeria's GDP recalculation, and political events across Europe and Asia with economic or social implications.

• Bangladesh Mourns After Deadly Plane Crash During School Lunch Break — The New York Times Business -
• The Ukraine war will shape the world — Financial Times -
• Ireland to spend big budget surplus on infrastructure — Financial Times -

• Meloni’s drive to reform Italian judiciary clears Senate hurdle — Financial Times -
• South Africa averts budget crisis after Ramaphosa sacks minister — Financial Times -
• Fugitive Moldovan oligarch arrested in Greece after six years on the run — Financial Times -
• Air India Finds ‘No Issues’ After Inspections of Boeing Fuel Switches — The New York Times Business -
• The growing Brics divide between carbon nations and electrostates — Financial Times -
• Nigeria’s economy 30% bigger after GDP recalculation — Financial Times -
• Ukraine moves against independent anti-corruption bodies — Financial Times -
• US ‘long overdue’ for a critical minerals stockpile, says mining boss — Financial Times -
• WHO says Israel attacked its Gaza premises — Financial Times -
• Japan takes step towards first post-Fukushima nuclear energy reactor — Financial Times -
• EU ropes UN into plans to outsource asylum claims — Financial Times -
• Restrictions on capital flows should be considered — Financial Times -
• China’s Problem With Competition: There’s Too Much of It — The New York Times Business -
• ‘Make Ishiba Go Away’: Japan’s LDP reels after historic defeat — Financial Times -
• Taiwan’s once-dominant KMT falls ‘out of step’ with the electorate — Financial Times -
• Allianz returns to India in tie-up with Ambani’s Jio — Financial Times -

The media landscape is evolving with Washington Post's TikTok creator branching out, Joe Budden's podcast network revealing its finances, and NPR's top editor stepping down, alongside major acquisition investigations in the music industry and the L.A. Times' plans for a public offering.

• Can The Washington Post’s TikTok Guy Make It Without The Post? — The New York Times Business -
• EU to investigate Universal’s $775mn acquisition of Downtown Music — Financial Times -
• How Does Podcast Star Joe Budden Make $20 Million a Year? — The New York Times Business -

• Edith Chapin, NPR’s Top Editor, Is Stepping Down — The New York Times Business -
• Bari Weiss seeks more than $200mn for media start-up The Free Press — Financial Times -
• Universal Music Group Files for U.S. Public Offering — The New York Times Business -
• Silicon Valley’s Favorite Podcast Is Now Hot in Washington Too — Wall Street Journal -
• L.A. Times Owner Says He Will Take Newspaper Public in Next Year — The New York Times Business -

The tech sector sees an intense AI talent war with Microsoft poaching Google DeepMind staff, Microsoft identifying Chinese hackers exploiting SharePoint software, and ongoing discussions about AI chatbots' truthfulness and multinationals recruiting AI engineers from India.

• Microsoft poaches top Google DeepMind staff in AI talent war — Financial Times -
• Microsoft accuses Chinese hackers of exploiting SharePoint software — Financial Times -
• The ‘hallucinations’ that haunt AI: why chatbots struggle to tell the truth — Financial Times -

• Multinationals turn to India’s back offices for AI engineers — Financial Times -

The financial sector is adapting with PNC and JPMorgan exploring cryptocurrency trading and lending, a record pace for active ETF launches, and former bankers being found guilty of market manipulation in Japan, alongside analysis of the 'Magnificent 7' growth slowdown.

• PNC to offer crypto trading as it expands beyond regional roots — Financial Times -
• Former SMBC Nikko bankers found guilty of market manipulation — Financial Times -
• The Magnificent 7 growth slowdown — Financial Times -

• JPMorgan explores lending against clients’ crypto holdings — Financial Times -
• Asset managers launch active ETFs at record pace — Financial Times -

A major development points to fossil fuels losing ground as clean energy gains momentum, underscored by the UN chief's strong statement on renewables catching up.

• Fossil fuels ‘running out of road’ as clean energy catches up, says UN chief — Financial Times -

Insights into business practices include advice for bosses on meeting participation, while lifestyle trends highlight the emergence of home cafes and Los Angeles' vibrant East Hollywood food scene, alongside a **Q&A with tech entrepreneur Nathaniel Fried**.

• The best food scene in Los Angeles today is in East Hollywood — Financial Times -
• Bosses Should Never Speak First, or Even Second, in a Meeting — Wall Street Journal -
• The Hottest New Cafe Is in Someone’s Living Room — The New York Times Business -

• FTAV Q&A: Nathaniel Fried — Financial Times -

A practical query addresses the risks and considerations of creating a 'digital' will for personal financial planning.

• Should I make a ‘digital’ will? — Financial Times -