• Tories and Labour try to call Nigel Farage’s bluff — Financial Times - 17:30
• Four Seasons Sets Sail, Offering Luxury and Curated Cruise Experiences — The New York Times Business - 17:25
• Trump threatens to remove all US troops from Europe — Financial Times - 17:17
• Nigel Farage quits as MP to force by-election — Financial Times - 17:14
• How AI is changing the world of retail investment — Financial Times - 17:10
• Iran’s Strikes on Ships in Strait of Hormuz Test Cease-Fire and Threaten Oil Flow — The New York Times Business - 17:06
• Disney accuses US media regulator of trying ‘to sit in the editor’s chair’ — Financial Times - 17:01
• Mariska Hargitay to Host the Emmys — The New York Times Business - 17:00
• Opinion | Decades Late, Cuba Approves Serious Market Reforms — Wall Street Journal - 16:39
• Energy & Utilities Roundup: Market Talk — Wall Street Journal - 16:31

**Iran’s strikes on ships in the Strait of Hormuz have escalated concerns, driving oil futures higher and highlighting the enduring impact of the Iran war on the world order and global energy supply dynamics**.

• Iran’s Strikes on Ships in Strait of Hormuz Test Cease-Fire and Threaten Oil Flow — The New York Times Business -
• Explosions shake Damascus as Macron visits — Financial Times -
• Rising Gulf Oil Output Sets Stage for Market Share Battle — Wall Street Journal -

• Oil Futures Pick Up After Iran Fires At Vessels — Wall Street Journal -
• Has the Iran war changed the world order? You asked, Gideon Rachman answered — Financial Times -
• Energy & Utilities Roundup: Market Talk — Wall Street Journal -
• Shell’s Traders Get Boost From Conflict But Gas Output Falls on Lost Qatari Volumes — Wall Street Journal -
• Qatari gas tanker hit in Strait of Hormuz — Financial Times -
• UAE’s Adnoc strikes $1bn deal for Shell’s South African fuels business — Financial Times -
• Trucks cannot replace Strait of Hormuz shipping, says top freight forwarder — Financial Times -
• Greek shipping companies made almost $4bn carrying Russian oil in past three years — Financial Times -
• Modi government faces backlash over petrol-blending — Financial Times -
• The Iran War Has Oil-Rich Alaska Freaked Out About $9 Gas — Wall Street Journal -
• China fires ballistic missile into Pacific nuclear-free zone — Financial Times -

Banking watchdogs issued warnings on AI-driven cyber attacks, as the AI chip demand boosted Samsung's profits while SpaceX received bullish recommendations and Microsoft announced job cuts amidst industry adjustments.

• Top banking watchdogs issue stark warning over AI-driven cyber attacks — Financial Times -
• SpaceX wins bullish recommendations from Wall Street banks — Financial Times -
• Why Index Funds Haven’t Boosted SpaceX — The New York Times Business -

• The space bit of SpaceX is worth $8 a share, says Morgan Stanley — Financial Times -
• Tech, Media & Telecom Roundup: Market Talk — Wall Street Journal -
• Those Soldiers Flooding Your Feeds? They Might Not Be Real. — The New York Times Business -
• Microsoft to axe 4,800 jobs as it resets Xbox — Financial Times -
• Samsung Expects Another Record Quarter on Robust AI Chip Demand — Wall Street Journal -
• Samsung Made More Profit Last Quarter Than the Last Two Years Combined — The New York Times Business -
• Samsung shares tumble 10% despite record quarterly profit from AI boom — Financial Times -
• Masa Son’s greatest gamble — Financial Times -
• How to stop AI becoming the enemy of younger workers — Financial Times -

The Bank of England is easing capital rules for UK lenders, while Nigel Farage created a political stir by quitting as an MP, and Andy Burnham faces warnings over public finances and proposed new taxes.

• Bank of England plans to ease capital rule for UK lenders — Financial Times -
• Farage bids to be ringmaster of his own circus — Financial Times -
• Nigel Farage quits as MP to force by-election — Financial Times -

• Nigel Farage to make statement on his ‘future in public life’ — Financial Times -
• Burnham warned of ‘unsustainable’ public finances by UK fiscal watchdog — Financial Times -
• The brutal logic of housing London’s homeless — Financial Times -
• Burnham rules out splitting Treasury to avoid disruption — Financial Times -
• Labour and the Tories need to outflank the extremists — Financial Times -
• Retailers warn over potential scale of Burnham’s proposed warehouse tax — Financial Times -
• London’s Tube nears a decade without new air-conditioned trains — Financial Times -
• Growing UK pension surpluses fuel debate over what to do with excess funds — Financial Times -
• The pitfalls of giving more power to the regions — Financial Times -
• Thames Water creditors willing to bid for utility even if it is nationalised — Financial Times -

Donald Trump is once again pushing for the US to control Greenland and urging NATO countries to increase defense spending, while French far-right leader Marine Le Pen was cleared to run for president and Canada is redirecting defense contracts away from the US.

• Trump revives calls for US to control Greenland — Financial Times -
• French far-right leader Le Pen cleared to run for president — Financial Times -
• Trump Promised a Foreign Investment Boom. It’s Getting Harder to Deliver. — The New York Times Business -

• Trump’s intervention hangs over World Cup as US crashes out — Financial Times -
• Nato countries unveil billions in defence deals to mollify Trump — Financial Times -
• Trump and the Fifa debacle — Financial Times -
• FirstFT: How Europe would fight without America — Financial Times -
• Canada tells UAE it is not ready for its C$70bn investment — Financial Times -
• Nato opens its cheque books in bid to keep Trump engaged — Financial Times -
• EU to delay pre-authorised travel system after border chaos — Financial Times -
• How Europe would fight without America — Financial Times -
• Canada chooses Germany’s TKMS for landmark submarine contract — Financial Times -

The US trade deficit widened on record goods imports, companies like Nestlé are adapting products for new health trends, and the global agricultural and automotive sectors are seeing significant innovations and market shifts, including in the EV space.

• Why Are Berries Everywhere, in Every Season? Driscoll’s. — The New York Times Business -
• Zyn’s Popularity Has Tobacco Companies Racing to Cash In — The New York Times Business -
• Fiat’s Next Move in America: Tiny, Cute, Electric and $14,000 — Wall Street Journal -

• U.S. Trade Deficit Widens in May on Record Goods Imports — The New York Times Business -
• Rise of non-compete clauses blamed for harming productivity — Financial Times -
• What markets, Mervyn and Maradona tell us about Fedspeak — Financial Times -
• Energy transition or energy addition? What the latest data shows — Financial Times -
• Finland Shows the Trust Barrier Facing Chinese EV Makers in the West — Wall Street Journal -
• Auto & Transport Roundup: Market Talk — Wall Street Journal -
• Nestlé to Tweak Some Food Recipes to Appeal to Duller GLP-1 Palates — Wall Street Journal -
• Japanese wages continue to rise, boosting BoJ normalisation policy — Financial Times -
• Four Seasons Sets Sail, Offering Luxury and Curated Cruise Experiences — The New York Times Business -
• As Messi Dominates the World Cup, a War Is Waged Over Maradona’s Image — The New York Times Business -
• China gives its investors more access to bonds in Hong Kong — Financial Times -
• To Reduce Electrical Grid Strain Amid Heat Wave, Data Centers Are Ordered to Use Backup Power — The New York Times Business -
• K-pop, markets edition — Financial Times -
• The death of secular stagnation — Financial Times -
• LG Electronics Expects Quarterly Earnings to Surge, Buoyed by Tariff Refund — Wall Street Journal -
• German business leaders warn Merz more is needed to prevent ‘lost decade’ — Financial Times -
• How to manage the next emerging markets capital flows boom — Financial Times -
• Jet-Fuel Prices Have Plunged but Aren’t Resulting in Much Lower Fares — Wall Street Journal -

Prince Harry lost his phone hacking suit against the Daily Mail, Getty Images called off its merger with Shutterstock due to regulatory hurdles, and South Africa suspended funds for Johannesburg over financial mismanagement.

• South Africa suspends funds for Johannesburg over ‘wasteful’ spending — Financial Times -
• Prince Harry Loses Daily Mail Phone Hacking Suit — Wall Street Journal -
• Getty Images Calls Off Shutterstock Deal After U.K. Hurdle — Wall Street Journal -

• Prince Harry loses phone-hacking case against publisher of Daily Mail — Financial Times -
• Vale’s corporate governance battle intensifies as chair steps down — Financial Times -
• Monaco bombing suspect shot dead in Kyiv — Financial Times -
• Democratic Lawmakers Probe Lutnick’s Possible Ties to Cantor Fitzgerald Deal — Wall Street Journal -
• Platner to ‘reflect’ on US Senate campaign after sexual assault allegations — Financial Times -
• The Big Four’s problems Down Under — Financial Times -
• Fifa’s red card scandal crosses ‘Rubicon’ on to the pitch — Financial Times -
• ‘Payback time’: Indonesia’s ‘dragons’ versus the president — Financial Times -
• Locals Are Clashing With Scientologists Over the Future of This Florida Downtown — Wall Street Journal -