The Iran War continues to rattle global markets, causing stock and bond slumps and soaring oil and diesel prices, as seen in headlines like Stocks and bonds slump in tandem and The Iran War Has Diesel Prices Soaring. Concerns grow over Iran's control of the Strait of Hormuz through Iran Moves to Formalize Toll Plan and Iran Keeps a Tight Grip on Strait of Hormuz, leading to a potential global food supply bottleneck as warned by Fertilizer Maker Yara.
California's Governor Newsom has banned California Officials From Using Inside Information on Betting Platforms, while President Trump Offers More Aid to Farmers and faces scrutiny over his Iran Strategy. The TSA Lines in Atlanta Are Longer Than Other Airports due to a federal funding standoff, and the Justice Department Files Antitrust Lawsuit Against NewYork-Presbyterian.
The AI-driven chip market faces challenges as **Memory chip stocks shed $100bn, and an Invisible Bottleneck: A Helium Shortage Threatens the Chip Industry. Meanwhile, Google nears deal to help finance a multibillion-dollar data centre leased to Anthropic, while Anthropic Wins Injunction in Court Battle With Trump Administration** over military AI.
Burford Capital faces a significant blow as a **US appeals court overturns a $16bn Argentina ruling, while Pernod Ricard and Jack Daniel's owner are in talks to combine operations. Norwegian Cruise Line is to Overhaul Board After Truce With Elliott, and Shield AI, a Start-Up Making Military Drones, Raises $2 Billion**.
China retaliates against US trade probes ahead of upcoming Xi-Trump talks, while NATO allies are to train with Ukraine as Europe seeks closer defense ties. Syrian sectarian violence may amount to war crimes, and Putin asks oligarchs to donate to budget as the cost of the Ukraine war soars.
Enagas Shares Leap After Spanish Regulator Announces Renewable Incentives, demonstrating a pivot towards hydrogen, while a 2,000-Year-Old Cement Battery is being explored to reduce fossil fuel reliance. The UK debates its North Sea oil and gas policy with calls to tackle the rank absurdities in UK energy policy.
LVMH's Sephora and Benefit Cosmetics face Italian Probes Into Marketing Practices over "cosmeticorexia" in girls, while Savannah Guthrie Is Returning to 'Today'. A Film Studio Moved to Montana for Tax Breaks raises questions about local benefits, and British parents are told to limit screen time for under-5s to one hour a day.
UK ministers are to push ahead with capped 'mandation' powers on pension schemes, despite prior rejection, and questions are raised about Keir Starmer's government and whether he can get his government back on track. Keir Starmer is set to make Sadiq Khan a lord in a strategic political move.