International tensions, particularly around the Strait of Hormuz crisis, continue to dominate global energy markets and trade relations, with oil futures rising and nations seeking alternative routes or resource independence.

• MSC Ship Is Struck by Two Projectiles in Iraqi Port — The New York Times Business -
• Opinion | Energy Markets Limit the Hormuz Shock — Wall Street Journal -
• Oil Futures Rise As Deal With Iran Remains Elusive — Wall Street Journal -

• Mexico rebukes US ambassador in growing narco spat — Financial Times -
• Cuba’s unavoidable reckoning — Financial Times -
• The China-US tech truce is fragile — Financial Times -
• Shipping tycoon prefers $200,000 fee to cross Strait of Hormuz to ‘this hassle’ — Financial Times -
• Israel’s Netanyahu faces backlash after Trump call — Financial Times -
• Adnoc plans new UAE pipeline to bypass Strait of Hormuz — Financial Times -
• Oil industry faces ‘gruesome’ demand shock from Iran crisis — Financial Times -
• Russia launches deadly strikes on Ukraine — Financial Times -
• US rice farmers spy a lifeline in crisis-hit Cuba — Financial Times -
• China’s hunt for US tungsten escalates global critical minerals race — Financial Times -
• FirstFT: US in talks to widen nuclear arms deployments in Europe — Financial Times -
• EU to relax budget rules to allow energy spending — Financial Times -
• How do you solve a problem like China? The EU has no answer — Financial Times -
• US in talks to expand nuclear weapons deployments in Europe — Financial Times -
• Greek tanker operator Dynacom readies vessels for possible opening of Hormuz — Financial Times -
• Sea of tents in heart of Beirut lays bare scale of Lebanon’s crisis — Financial Times -
• Europe’s maverick? Spain defends its robust rejection of Trump policies — Financial Times -
• He Became China’s Largest Critic in Exile. Then the Threats Followed Him. — The New York Times Business -

AI's expanding role sparks debates over data privacy, job displacement, and ethical considerations, while major tech companies like GitLab and Anthropic announce significant strategic shifts and legal challenges emerge regarding AI's impact on children.

• Palantir should not have ‘significant role’ in UK public data systems, MPs say — Financial Times -
• GitLab to Cut 14% of Workforce as Part of AI Pivot — Wall Street Journal -
• Palo Alto Networks Revenue Rises as Customers Beef Up Cyber Defenses — Wall Street Journal -

• Trump signs watered-down AI vetting order after Maga infighting — Financial Times -
• Kyle included ‘more positive language’ in AI speech after Mandelson advice — Financial Times -
• Anthropic to expand Mythos access to more than 15 countries — Financial Times -
• Martin Scorsese Is Embracing A.I. — The New York Times Business -
• Google’s $80bn equity raise adds to that giant AI sucking sound — Financial Times -
• Tencent moves closer to launching AI agent for China’s most-used app — Financial Times -
• America’s AI boom is carrying more than investors admit — Financial Times -
• Will the IT consulting share price rout ever end? — Financial Times -
• Top AI labs expand research into machine ‘consciousness’ — Financial Times -
• A.I. Doesn’t Have to Mean Layoffs — The New York Times Business -
• Florida sues OpenAI and Altman for ‘hurting’ children — Financial Times -

The Trump administration continues to shape domestic policy through key appointments, grant proposals, and environmental decisions, while states challenge federal actions on offshore wind projects and new laws scrutinize ride-sharing services.

• Colorado Enacts Law Tightening Scrutiny of Uber and Lyft — The New York Times Business -
• Trump appoints real estate heir Bill Pulte as national intelligence chief — Financial Times -
• State Attorneys General Sue Trump Administration Over Payment Ending Offshore Wind Projects — Wall Street Journal -

• Seven states sue US for paying $1bn to make Total exit wind power — Financial Times -
• Trump Administration Signals ‘Anti-Weaponization’ Fund About-Face — Wall Street Journal -
• S.E.C. Proposes to Kill Climate Change Disclosure Rule — The New York Times Business -
• New Proposal Would Allow Administration to Block Grants if They Don’t Support Trump’s Agenda — The New York Times Business -
• Trump Megadonor Gave $5.5 Million Estate to Robert F. Kennedy Jr.’s Anti-Vaccine Group — The New York Times Business -
• What Ireland and Germany Can Teach Us About Birthright Citizenship — The New York Times Business -
• Trump Targets Brazil With 25% Tariff, Citing Unfair Trade Practices — The New York Times Business -
• Who will be Gavin Newsom’s replacement? Voters to narrow down options — Financial Times -
• A reality star and an ex-David Cameron adviser: what to watch in Tuesday’s US elections — Financial Times -

Market sentiment remains bullish despite private credit challenges, with IPO activity expected to surge and major corporate deals unfolding in sectors from shipping to aviation, while regulatory scrutiny addresses crypto sponsorships and fraud cases.

• Premier League clubs could face legal action over sponsorship deals with crypto firms — Financial Times -
• Cliffwater’s flagship private credit fund redemption requests hit 17% — Financial Times -
• Chinese investors fear missing out on SpaceX IPO after crackdown — Financial Times -

• Best Small-Business Loans in June 2026 — Wall Street Journal -
• Genco Board Unanimously Rejects Diana Shipping’s Latest Buyout Offer — Wall Street Journal -
• Goldman’s David Solomon sees ‘more greed than fear’ on Wall Street — Financial Times -
• UniCredit Clears Key 30% Threshold in Commerzbank Takeover Bid — Wall Street Journal -
• Coinbase Founder’s Longevity Startup Triples in Value — Wall Street Journal -
• What a Short-Seller’s Conviction Might Mean for Wall St. — The New York Times Business -
• Castlelake to hunt partner on easyJet bid to navigate EU ownership rules — Financial Times -
• Hot property: five homes for sale in Lake Maggiore, Italy — Financial Times -
• Gold replaces US Treasuries as world’s top reserve asset, ECB says — Financial Times -
• IPO boom, market doom? — Financial Times -
• This will be an absolutely mammoth year for IPOs. Probably — Financial Times -
• Activist fund Elliott calls for sale of Australia’s largest gold miner — Financial Times -
• EasyJet’s summer sale reaches Wall Street — Financial Times -
• Castlelake: the private credit lender taking a run at easyJet — Financial Times -
• Short seller Andrew Left found guilty of securities fraud — Financial Times -

Global inflation trends indicate potential ECB rate hikes while the US labor market experiences stagnation, sparking debate over inflation measurement and concerns about the American work ethic.

• Opinion | American Idle: The Work Ethic Goes Out of Style — Wall Street Journal -
• GM’s Profitable Trucks Targeted in Latest UAW Strike — Wall Street Journal -
• Jolts data shows US labour market is in stagnation not freefall — Financial Times -

• UK pushes ahead with zero-hours crackdown despite business warnings — Financial Times -
• Let’s stop mismeasuring inflation — Financial Times -
• Why young America is trending socialist — Financial Times -
• Inflation and interest rates tracker: see how your country compares — Financial Times -
• Higher core inflation in Eurozone sets up ECB tightening in June — Financial Times -
• Eurozone inflation rises to 3.2% in May as ECB prepares to raise rates — Financial Times -
• Britain’s growth figures could use a little more seasoning — Financial Times -
• How did Spain’s unemployment rate converge with Finland’s? — Financial Times -

UK politics are marked by allegations of corruption and debates over welfare and climate policy, while the Labour party faces scrutiny over transparency and economic growth strategies.

• Minister condemns riots after UK rightwing leaders call for ‘rage’ over student killing — Financial Times -
• Labour backbench MPs say McFadden’s messages have not derailed welfare reform — Financial Times -
• Starmer uses disappearing messages, admits Downing Street — Financial Times -

• Ex-SNP chief used false invoices to cover up his £400,000 embezzlement — Financial Times -
• Ed Miliband calls for UK to cut greenhouse gas emissions by 87% by 2040 — Financial Times -
• Submit your questions: Ten years on, what’s next for Brexit? — Financial Times -
• Mandelson files fire up row over taxes ‘to pay benefits’ — Financial Times -
• Blair has shone a spotlight on Starmer’s growth delusion — Financial Times -
• Macron’s Versailles glitz masks a fading economic legacy — Financial Times -

China's economic landscape faces challenges in its housing market, while foreign companies like Volkswagen and General Mills adapt their strategies for the local market, and concerns over critical mineral supply chains highlight geopolitical competition.

• Stephen Curry and Li-Ning: What to Know About N.B.A. Star’s Deal With Chinese Sneaker Company — The New York Times Business -
• General Mills sells Häagen-Dazs ice cream stores in China — Financial Times -
• Will Volkswagen’s Massive ‘Made for China’ Bet Pay Off? — Wall Street Journal -

• Court ruling against Google could change online ad sales in India — Financial Times -
• China’s housing market could have further to fall — Financial Times -

Major retailers like Ulta Beauty, GameStop, Victoria's Secret, and Dollar General report varied financial results, navigating market competition and changing consumer habits while corporate sponsorships for social causes also face shifts.

• Ulta Beauty Revenue Rises on Growth Across Channels, Major Categories — Wall Street Journal -
• GameStop Posts Higher Profit, Launches $2 Billion Buyback Program — Wall Street Journal -
• Bra Sales Power Victoria’s Secret Turnaround and Shares Soar — Wall Street Journal -

• Pride Groups Plan for a Future Without Some of Their Biggest Corporate Sponsors — Wall Street Journal -
• Dollar General Is Winning Over Value-Seeking, Stressed Shoppers — Wall Street Journal -
• Shake Shack Cuts Guidance Due to Uncertainty, Competition — Wall Street Journal -
• Signet Jewelers Reports Higher Sales, Raises Guidance — Wall Street Journal -
• British American Tobacco Cuts Cigarette Outlook But Expects Lift in New-Category Revenue — Wall Street Journal -

The media landscape is seeing shifts with trademark disputes affecting news outlets, magazines adapting to digital models, and the entertainment industry grappling with the adoption of AI, while journalism also mourns a loss.

• NOTUS Cannot Be ‘The Star’: Judge Blocks D.C. News Outlet’s Rebranding — The New York Times Business -
• White House Correspondents Dinner Rescheduled for July — The New York Times Business -
• Dang Van Phuoc Dies at 90; Intrepid Photojournalist in Vietnam War — The New York Times Business -

• Glamour, a Once-Mighty Women’s Magazine, Turns to Shopping Links — The New York Times Business -
• Martin Wolf honoured by European institutions for defending ‘open and united’ Europe — Financial Times -
• At the Age of 84, Barry Diller Is Reinventing Himself All Over Again — Wall Street Journal -