• Social Security Benefits Could Be Cut in 6 Years Unless Congress Acts — The New York Times Business - 19:40
• Paramount CEO David Ellison Pledges Editorial Independence for ‘60 Minutes’ — The New York Times Business - 19:17
• Billionaires’ Billions Are Increasing Faster Than Ever — The New York Times Business - 19:08
• Nasdaq slides in volatile trading as tech sell-off reignites — Financial Times - 18:29
• Why Apple’s A.I. Upgrade for Siri Won’t Be Available in Europe — The New York Times Business - 18:29
• Oil slides as US official says Hormuz transits are ‘meaningfully’ climbing — Financial Times - 18:17
• U.S. Exports Rose in April, as War with Iran Buoyed Oil Demand — The New York Times Business - 18:11
• Being Honest About Low Inventory Can Pay Off for Online Retailers — Wall Street Journal - 18:00
• The hard truths about England’s receding coastline — Financial Times - 17:59
• Trump vows to ‘respond’ after Iran ‘shot down’ a US helicopter — Financial Times - 17:46

The tech sector sees **SpaceX's $1.78 trillion IPO asking investors to back 'moonshots,' European satellite group Iceye securing €1 billion in funding, and Apple unveiling 'Siri AI' to challenge rival chatbots, alongside discussions on taxing AI properly and the AI boom fueling data center profits and Chinese exports**.

• European satellite group Iceye in €1bn funding led by General Atlantic — Financial Times -
• FirstFT: SpaceX investors asked to buy Musk’s ‘moonshots’ — Financial Times -
• There is a simpler option for making AI pay its way: tax it properly — Financial Times -

• SpaceX’s $1.78tn IPO asks investors to buy Musk’s moonshots — Financial Times -
• AI used to hunt Viktor Orbán’s alleged corruption — Financial Times -
• ‘Picks and shovels’ companies profit from data centre scramble — Financial Times -
• Has India lost the AI race? Not entirely — Financial Times -
• University Endowments Are About to Strike It Big on the SpaceX IPO — Wall Street Journal -
• Apple unveils ‘Siri AI’ in challenge to rival chatbots — Financial Times -

Global economic movements include Indonesia unexpectedly raising interest rates to support the rupiah, Chinese exports climbing due to an AI boom, Africa's fastest-growing companies and fintech solutions addressing financial problems, and Nigeria's food businesses prospering despite economic shocks.

• Indonesia unexpectedly raises interest rate to support rupiah — Financial Times -
• Chinese exports climb as AI boom fuels trade — Financial Times -
• Africa’s Fastest-Growing Companies — Financial Times -

• Earnings, not valuations, are fuelling the US stock market — Financial Times -
• Nigeria’s big food businesses prosper through insecurity and economic shock — Financial Times -
• ‘Age of electricity’ lights the path for Sun King’s solar success — Financial Times -
• Trading app drives change in Egypt’s investment culture — Financial Times -
• Africa’s manufacturers struggle against the odds — Financial Times -
• Fintechs offer fix to Africa’s financial problems — Financial Times -
• China’s ‘silver economy’ shines as birth rate plunges — Financial Times -

Political and policy news covers the Pentagon restoring Chinese companies like Alibaba to a military blacklist, Brazil becoming a new front in the fight to break China's rare-earth dominance, EU capitals preparing to scrutinize a new bloc budget draft, and discussions around UK defense spending, Scotland's potential long-term debt, and Trump's foreign policy stances on Canada, Netanyahu, and Taiwan.

• EU capitals to rip apart ‘sacrificial lamb’ first draft of new bloc budget — Financial Times -
• Trump critic Doug Ford urges president to ‘get a deal’ with Canada — Financial Times -
• Gender divides emerge as big factor in Burnham by-election — Financial Times -

• Italy’s World Cup of banking drama — Financial Times -
• Who calls the shots? Trump and Netanyahu clash over war goals — Financial Times -
• UK’s Ajax armoured vehicles set for £250mn funding boost despite delays — Financial Times -
• Investors warn Scotland to avoid long-term debt to limit independence premium — Financial Times -
• UK turns to imported chicken as demand surges — Financial Times -
• Will Trump abandon Taiwan? — Financial Times -
• ASML chief warns EU against directing chip supplies — Financial Times -
• Pentagon restores Alibaba, Baidu and BYD to Chinese military groups blacklist — Financial Times -
• The Fight to Break China’s Rare-Earth Dominance Moves to a New Front in Brazil — Wall Street Journal -

**GSK's acquisition of cancer biotech Nuvalent for $10.6 billion** marks one of the UK drugmaker's largest deals, signaling accelerated M&A activity in the biotech sector.

• GSK to Buy Nuvalent for $10.6 Billion in Oncology Push — Wall Street Journal -
• GSK to buy cancer biotech Nuvalent for $10.6bn — Financial Times -