Robust AI server business, booming AI chip demand, Chevron's foray into AI data center power, legal questions regarding AI liability, private equity embracing AI for staff cuts, and corporate board readiness for AI underscore the pervasive impact of artificial intelligence across industries.

• Foxconn Profit Tops Estimates Amid Robust AI Server Business — Wall Street Journal -
• Infineon Shares Climb After Chip Maker Forecasts Return to Sales Growth On Booming AI Demand — Wall Street Journal -
• Chevron Is Getting More Serious About Power — Wall Street Journal -

• Who Pays When A.I. Is Wrong? — The New York Times Business -
• Apple supplier Foxconn’s quarterly profit climbs 17% on AI boom — Financial Times -
• Private equity group Vista to cut staff in favour of AI — Financial Times -
• SoftBank divesting from Nvidia could be good, actually — Financial Times -
• Are America’s Corporate Boards Ready for AI? — Wall Street Journal -

Einride's plans for a SPAC deal, Fincantieri's rising revenue, Google's lawsuit against text message scammers, Alcon and Bayer's earnings reports, LVMH's strategic investment, analyses of K-shaped economies and consumer affordability, concerns over private credit ratings, Elliott's hedge fund performance, factories seeking alternatives to China, challenges for German industry, speculation on European vs. US stock performance, Asian retail traders driving meme stocks, Marubeni's shift due to Trump's tariffs, and entrepreneurial opportunities in Italy's demographic crisis reflect a multifaceted global business environment.

• Autonomous-Truck Company Einride Plans to Go Public in SPAC Deal — Wall Street Journal -
• Shipbuilder Fincantieri’s Revenue Rises on 85% Jump in Underwater Business — Wall Street Journal -
• Google sues Chinese group selling software behind text message scams — Financial Times -

• Alcon Shares in Switzerland Climb After Guidance Confirmation — Wall Street Journal -
• Bayer Posts Net Loss on Litigation Hit — Wall Street Journal -
• LVMH Acquires Minority Stake in Swiss Watchmaker La Joux-Perret — Wall Street Journal -
• How K-shaped is the economy, really? — Financial Times -
• Low-income US consumers continue to feel the pinch — Financial Times -
• Markets should pay heed to the affordability squeeze — Financial Times -
• Meloni’s ‘middle-class’ tax cut sparks political row in Italy — Financial Times -
• Does private credit have a ratings problem? — Financial Times -
• Elliott seeks to reassure investors as long-term returns fall behind S&P 500 — Financial Times -
• Why Factories Will Keep Looking for Alternatives to China — The New York Times Business -
• Can anything halt the decline of German industry? — Financial Times -
• Could European stocks beat the US to the finish line? — Financial Times -
• ‘Squid Game market’: how Asian retail traders are driving US meme stocks — Financial Times -
• Trump’s tariffs spur Buffett-backed Marubeni to move out of trading — Financial Times -
• Founders mine rich seam in Italy’s demographic crisis — Financial Times -

Chevron's strategic shift to prioritize profits over production, absent American executives at the UN Climate Meeting, SSE's significant investment in renewables, and IEA warnings about continued oil and gas demand, alongside California's governor criticizing Trump's climate policy rollback, highlight ongoing tensions and strategic shifts in the global energy and climate sectors.

• Oil major Chevron shifts focus to prioritise profits over production — Financial Times -
• Missing at U.N.’s Climate Meeting: American Executives — The New York Times Business -
• SSE to Invest $43 Billion in Five-Year Plan to Grow Earnings, Dividends — Wall Street Journal -

• FirstFT: Oil and gas demand to keep rising, warns IEA — Financial Times -
• IEA’s Revived Policy Outlook Sees No Peak in Oil, Gas Demand This Decade — Wall Street Journal -
• California governor at COP30 attacks Trump on cost of climate policy rollback — Financial Times -

The UK's attempt to establish a back channel to Moscow, Ukraine's justice minister suspension amid a graft scandal, IRS controversies regarding tax loopholes, BAE Systems' concerns over US government shutdown payment delays, Trump's legal threats against the BBC, Cypriot diplomacy with the EU and Turkey, shifts in US voter support for Israel, European alignment with Trump's Middle East strategy, the persistent Epstein issue impacting Trump, US actions blocking a Lukoil deal, Trump's push for Abraham Accords expansion, Colombia suspending intelligence sharing with the US, and uncertainty regarding flight restorations post-shutdown paint a complex picture of US political dynamics and international relations.

• UK’s Powell contacted Moscow in bid to build back channel to Putin — Financial Times -
• Ukraine suspends justice minister as wartime graft scandal widens — Financial Times -
• The I.R.S. Tried to Stop This Tax Dodge. Scott Bessent Used It Anyway. — The New York Times Business -

• BAE Systems Warns U.S. Government Shutdown Could Delay Payments — Wall Street Journal -
• Trump says he has an ‘obligation’ to sue BBC over edited speech — Financial Times -
• Cypriot president open to ‘close’ EU relationship with Turkey — Financial Times -
• Mamdani’s NY mayoral victory marks shift in US voter support for Israel — Financial Times -
• Europe should align with Trump on Middle East strategy, Cyprus says — Financial Times -
• Epstein is not going away — Financial Times -
• Lukoil in crisis after US blocks deal with ‘Kremlin’s puppet’ — Financial Times -
• Trump pushes to expand Abraham Accords after Gaza ceasefire — Financial Times -
• Colombia to suspend intelligence sharing with US over boat strikes — Financial Times -
• Duffy Won’t Give Timeline to Restore Flights as Shutdown Appears Near End — The New York Times Business -

The UK statistics agency reducing work on health and crime data, Labour Party's bitter divisions and leadership struggles, Wes Streeting's accusations against Downing Street, the NHS crisis and private medical insurance debates, and concerns over potential sacrifices of workers' pensions reveal a tumultuous domestic political and economic landscape in the UK.

• UK statistics agency cutting back work on health and crime data — Financial Times -
• Labour’s bitter divisions erupt in Downing Street attack — Financial Times -
• ‘Mad’: Labour in crisis after Starmer declares he will fight any challenger — Financial Times -

• Wes Streeting accuses Downing Street of ‘trying to kneecap’ him in leadership row — Financial Times -
• The NHS is in crisis — should I pay for private medical insurance? — Financial Times -
• Please Rachel, don’t sacrifice workers’ pensions — Financial Times -

The mental health toll of unemployment, a bridge collapse in China, individuals finding art as a second career, culinary recommendations in Zurich, and reflections on Russia's perestroika generation and a return to repression provide a snapshot of diverse societal challenges, infrastructure developments, and cultural commentary.

• How Unemployment Can Take a Toll on Our Mental Health — The New York Times Business -
• How a New Bridge Partly Collapsed in China’s Southwest — The New York Times Business -
• From chef and banker to painter and sculptor — art as a second career — Financial Times -

• The best restaurants in Zürich and beyond, by chef Heiko Nieder — Financial Times -
• The lost dreams of a better Russia — voices of the perestroika generation — Financial Times -