Business

Trump's administration continues to influence global trade with new agreements, such as one with Japan, and ongoing discussions with the EU, while tariffs are prompting US toymakers to adapt and sparking debate on their broader economic impact, including on EV incentives.

Alphabet reports robust profit growth driven by its search and cloud divisions, as Meta unveils new AI-driven hardware, and the AI industry faces a talent frenzy, though geopolitical tensions are leading some firms like Amazon and McKinsey to scale back AI operations in China.

Tesla's profits are falling amidst declining EV sales and heightened competition, while **telecom giants T-Mobile and AT&T report subscriber gains, and a resurgence in meme stock trading signals renewed speculative market interest, alongside strategic mergers and acquisitions** and shifts in consumer spending habits.

President Biden secures a memoir deal, while the Supreme Court expands the President's power to dismiss regulators, and a watchdog finds the Trump administration illegally withheld federal funds, sparking ongoing debate about economic policies and presidential influence.

The UK raises maximum electricity prices for wind developers, while the World Court finds nations have an obligation to cut greenhouse gas emissions, and Tehran declares a public holiday to address a critical water shortage, highlighting global environmental challenges and policy responses.

UK political leaders signal new policy directions, including Keir Starmer's upcoming trade deal with India, and Heathrow Airport defends the high cost of its third runway, while Continental European nations engage in government reshuffles and defence co-operation efforts, reflecting a dynamic regional landscape.

Ukraine faces a major political crisis due to President Zelenskyy's moves against anti-corruption bodies, which could jeopardize EU accession, while Gaza reports widespread hunger deaths, underscoring the severe humanitarian consequences of ongoing conflicts and complex international relations.

US home sales remain high despite lower-than-expected activity, while innovative business models like home cafes and thriving shopping malls in Queens illustrate evolving consumer patterns, and discussions about career progression and historical figures in business also emerge.

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