A potential US-Iran ceasefire deal and ongoing Israeli military actions in Gaza and Beirut are significant, while oil supplies remain a concern and trade relations are tense with EU tariffs on China and Trump's stance on North American agreements, as Ukraine's path to EU membership is discussed amidst global power shifts.

• Washington nearing deal to extend Iran ceasefire, US officials say — Financial Times -
• FirstFT: Washington nearing agreement to extend Iran ceasefire, US officials say — Financial Times -
• U.S. and Iran Are Close to a Deal — Wall Street Journal -

• Opinion | Hong Kong and the Shadow Fleets — Wall Street Journal -
• Oil Prices Ease on Possible Agreement for Strait’s Reopening — The New York Times Business -
• Israel attacks Beirut in new wave of bombing — Financial Times -
• Iran-Deal Reports Boost Markets — Wall Street Journal -
• Netanyahu orders Israeli forces to take control of 70% of Gaza — Financial Times -
• Chevron CEO warns oil prices to jump over summer as supplies dwindle — Financial Times -
• Meloni spars with defence minister over EU rearmament loans — Financial Times -
• EU to broaden import quotas and tariffs against China — Financial Times -
• JD.com’s $2.6 Billion Ceconomy Takeover Move Faces In-Depth EU Probe — Wall Street Journal -
• Iran War Lifts a Second Inflation Reading to Highest Level Since 2023 — The New York Times Business -
• US and Iran exchange fire amid increasingly strained truce — Financial Times -
• Trump is pushing Canada and Mexico towards China — Financial Times -
• A tale of two EU-US comparisons — Financial Times -
• FirstFT: Democrats’ hopes for victory in Texas rise after Paxton’s win — Financial Times -
• Brussels plans to start Ukraine’s EU membership negotiations in June — Financial Times -
• Rouble’s strength piles pressure on Russian war economy — Financial Times -
• Why Europe must embrace tariffs — Financial Times -
• Ukraine is turning the tables — Financial Times -
• America’s hegemonic glory is under threat — Financial Times -
• EU must change accession system to cater for Ukraine, enlargement chief says — Financial Times -
• How Ukraine’s drones turned the tables — Financial Times -
• China Is Exporting Its Factories Across the World and Spooking the Competition — Wall Street Journal -
• The High-Seas Black Market That Keeps Iran’s Illicit Oil Flowing — Wall Street Journal -
• Nvidia chief Jensen Huang to join board at prestigious Beijing university — Financial Times -

Major retailers like Costco and Dollar Tree report strong sales driven by value offerings appealing to pressured consumers, while Gap and American Eagle face slower growth and declining core category sales, reflecting varied performances across the tech and automotive sectors with Dell's soaring sales contrasting XPeng's losses.

• Costco Sales Rise as Value Offerings Draw Pressured Consumers — Wall Street Journal -
• Gap Cuts Full-Year Sales Outlook, Citing Slower Old Navy Growth — Wall Street Journal -
• American Eagle Flags Falling Sales in Core Women’s Category — Wall Street Journal -

• Americans Are Sick of High Prices. Companies Are Finally Doing Something About It. — Wall Street Journal -
• Dollar Tree Says Its Value Proposition Resonates Amid Uncertain Macro — Wall Street Journal -
• Dell Raises Fiscal Year Outlook After Sales Soar 88% — Wall Street Journal -
• XPeng Posts Loss as Revenue Slumps Despite Stronger Margins — Wall Street Journal -
• Best Buy Reports Higher Profit on Rising Sales — Wall Street Journal -
• Burlington Lifts Outlook as Quarterly Sales Jump — Wall Street Journal -
• Hormel Foods Sales Rise as Turnaround Strategy Progresses — Wall Street Journal -
• Kohl’s Turnaround Is Taking Hold, Driving Improved Results — Wall Street Journal -
• The Korean Beauty Giant Coming for America’s Dollars — Wall Street Journal -

ABC is challenging the FCC over alleged threats to its licenses and CBS's '60 Minutes' undergoes a major leadership shake-up, while the AI sector sees Amazon rethinking worker usage scores and consulting firms adapting their business models, all amidst intense market activity in semiconductors and growing concerns over AI ethics and safety.

• ABC Accuses Media Regulator of Threatening Its Licenses — The New York Times Business -
• Bari Weiss Overhauls ‘60 Minutes’ With New Executive Producer — Wall Street Journal -
• Two Papers Named ‘Star’ Will Duel in D.C. to Win Readers From The Washington Post — The New York Times Business -

• Bari Weiss Names Nick Bilton to Lead CBS’s ‘60 Minutes’ in Major Shake-Up — The New York Times Business -
• Amazon scraps AI leaderboard to stop workers chasing usage scores — Financial Times -
• Disney’s ABC Calls FCC’s License Review a Threat to Speech. What to Know About the Feud. — Wall Street Journal -
• Musk’s tweet undermines SpaceX’s claims about Anthropic data centre deal — Financial Times -
• AI Is Changing How Consultants Get Paid—and Much More, BCG’s CEO Says — Wall Street Journal -
• Iranian dissident news network received £650mn of debt relief — Financial Times -
• EU wants crisis powers to seize control of chip supplies — Financial Times -
• These Best Friends Turned Their Chemistry Into a Comedy Empire — Wall Street Journal -
• Former Audit Regulator Helps Set Up Accounting Firm Targeting 80% Automation — Wall Street Journal -
• Big Studios Are Ditching Hollywood for New Jersey’s Lavish Tax Breaks — Wall Street Journal -
• Streaming TV Bundles Grow in Popularity — The New York Times Business -
• Soitec Shares Jump After Company Restores Free Cash Flow — Wall Street Journal -
• Semiconductors: supercycle or superbubble? — Financial Times -
• AI boom outweighs Iran war pain, Korean central bank chief says — Financial Times -
• Chip stocks race towards biggest gains since dotcom era on AI demand — Financial Times -
• Kirkland & Ellis to spend $500mn building its own AI technology — Financial Times -
• SpaceX and the Zuckerberg discount — Financial Times -
• The backlash against AI — Financial Times -

Tilman Fertitta's substantial acquisition of Caesars Entertainment is a major highlight, alongside leadership transitions at Clorox and Tyson Foods, BP's former chairman disputing his dismissal, and Silver Lake-backed Entrata filing for an initial public offering, indicating a dynamic period for corporate restructuring and executive shifts.

• With Caesars Deal, Tilman Fertitta Doubles Down on Vegas Comeback — Wall Street Journal -
• Tilman Fertitta Agrees to Buy Caesars for $5.7 Billion — Wall Street Journal -
• Clorox CEO to Step Down for Health Reasons — Wall Street Journal -

• BP’s Former Chairman, Albert Manifold, Disputes How Company Characterized His Dismissal — The New York Times Business -
• AkzoNobel should avoid painting itself into a corner — Financial Times -
• Everlane Co-Founder, Shocked by Shein Acquisition, Wants a Redo — The New York Times Business -
• Caesars’ billionaire buyer hopes luck and leverage go hand in hand — Financial Times -
• Billionaire Tilman Fertitta to buy Caesars Entertainment in $17.6bn deal — Financial Times -
• Silver Lake-Backed Entrata Files for Initial Public Offering — Wall Street Journal -
• The $71.5 Billion Merger of Two Giant Railroads Just Hit a Snag — Wall Street Journal -
• Tyson Foods Turns to Board Member for Next CEO — Wall Street Journal -
• He’s Berkshire Hathaway’s Other Charlie, the Heir to Its Insurance Juggernaut — Wall Street Journal -
• Fired BP Chair Manifold Rejects ‘Lies’ About His Ouster — The New York Times Business -
• PPHE Hotel Shares Leap on $1.24 Billion Fattal Hotel Takeover Approach — Wall Street Journal -

Debates over new forms of taxation and **proposals for a Trump $250 bill are prominent, while US core PCE inflation rises partly due to the Iran conflict, and TD Bank lifts its dividend as concerns about UK youth unemployment and China's economic indicators** like plunging pork prices surface.

• Treasury Prepares to Make Trump the Face of a New $250 Bill — The New York Times Business -
• Opinion | The Cities Where Graduates Can Thrive — Wall Street Journal -
• Opinion | The GOP Wants to Tax Your Car — Wall Street Journal -

• TD Bank Lifts Dividend After Strong Quarter for Operations — Wall Street Journal -
• Court Orders Customs Chief to Address Compliance on Refunding Tariffs — The New York Times Business -
• Britain’s expanding ‘lost generation’ — Financial Times -
• Can the UK economy be revived? You asked, we answered — Financial Times -
• Germany shifts on EU oversight of financial services — Financial Times -
• US core PCE inflation continues to rise — Financial Times -
• Ministers must make fresh push for welfare reform says UK government adviser — Financial Times -
• Why Democrats are feeling optimistic in the US Senate race in Texas — Financial Times -
• Sen. Warren Asks Bilt for Data on Rocky Relaunch of Rewards-for-Rent Card — Wall Street Journal -
• Analysts’ views: forecasters dispute market view of likely policy at Fed and Bank of England — Financial Times -
• What Plunging Pork Prices Say About China’s Economy — The New York Times Business -
• No, now is not the time for UK rent controls — Financial Times -
• India’s Modi drops eviction bombshell on colonial-era elite club — Financial Times -
• The Trump Administration Is in Talks to Fund U.S. Drone Companies — Wall Street Journal -

The EU imposes a significant fine on Temu for selling unsafe goods, **Australia launches a $1.4 billion lawsuit against 3M over 'forever chemicals', and legal disputes arise from Google insider trading on Polymarket, alongside Fender's intellectual property fight over guitar designs, and Trump's refiled defamation suit against the Wall Street Journal**.

• The Brewing Fight Over the World’s Most Popular Electric Guitar — Wall Street Journal -
• Watchdog Agency Seeks to Reverse Its Win Against Firm Run by Winklevoss Twins — The New York Times Business -
• How Online Sleuthing Helped Catch the ‘Google Insider’ on Polymarket — Wall Street Journal -

• Trump Refiles $10 Billion Lawsuit Against The Wall Street Journal — The New York Times Business -
• Temu Hit With Fine in E.U. Over Sales of Unsafe Goods — The New York Times Business -
• Australia Sues 3M for $1.4 Billion Over ‘Forever Chemicals’ — The New York Times Business -
• The Google Insider Trading Case Hits Polymarket — The New York Times Business -
• EU fines China’s Temu €200mn for failing to prevent sale of illegal goods — Financial Times -
• Genetic Scores are Booming. But Will Anti-Discrimination Laws Cover Your DNA? — The New York Times Business -
• Australia sues Post-it maker 3M over ‘forever chemicals’ — Financial Times -

US crude oil stockpiles continue to drop, prompting warnings of potential oil price jumps this summer, while Exxon navigates a potential return to Venezuela and natural gas futures edge down, with the threat of extreme weather like El Niño and Iraq's looming blackouts underscoring critical energy and environmental concerns.

• U.S. Crude-Oil Stockpiles Post Fifth Straight Weekly Drop — Wall Street Journal -
• Inside Exxon’s Dilemma Over Returning to Venezuela — Wall Street Journal -
• El Niño Is the Next Risk Hanging Over the Global Economy — Wall Street Journal -

• U.S. Natural Gas Futures Edge Down — Wall Street Journal -
• How Texas utilities are preparing for more extreme storms — Financial Times -
• Temperatures likely to breach record levels over next five years, WMO says — Financial Times -
• Iraq faces summer blackouts — Financial Times -
• Exxon fracks its blue state exit — Financial Times -
• Europe’s Climate Leaders 2026: interactive listing — Financial Times -

Ferrari's first electric car faces backlash and Li Auto reports losses amidst slowing hybrid sales, while Stellantis plans numerous new commercial vehicle models to counter a general decline in new-car buyers, and airline passengers seek compensation for service issues like broken seats.

• Auto & Transport Roundup: Market Talk — Wall Street Journal -
• Ferrari’s First Electric Car Runs Into Backlash in Italy and Beyond — The New York Times Business -
• Li Auto Suffers Loss as Hybrid Sales Slow, Margins Shrink — Wall Street Journal -

• Stellantis’s Commercial-Vehicle Unit to Launch 11 New Models by 2030 — Wall Street Journal -
• My $7,300 United Business Class Seat Was Broken, and I Got a Pittance — The New York Times Business -
• Aircraft owners lease out engines rather than whole planes as prices soar — Financial Times -
• One Million New-Car Buyers Are Gone and They’re Not Coming Back Soon — Wall Street Journal -

A SpaceX contractor's death is ruled an accident, concerns about the spread of Ebola in DR Congo persist, and discussions arise around graduate job market challenges in the UK, consumer trends in preloved children's clothing, and the social impact of immigration raids.

• Death of SpaceX Contractor at Starbase Ruled an Accident — Wall Street Journal -
• The Bethlehem Project Podcast: An immigration raid divides a community — Financial Times -
• These Drivers Found Cheap Gas — The New York Times Business -

• Wes Streeting’s uphill challenge to stop Andy Burnham — Financial Times -
• Anger and suspicion as Ebola spreads through eastern DR Congo — Financial Times -
• Five university leavers on what it really takes to land a graduate job — Financial Times -
• The parents seeking out quirky preloved children’s clothes — Financial Times -