Business

US strikes on Iran follow the killing of American troops in Jordan, escalating the battle for control of the Strait of Hormuz after Tehran's attack on Gulf states.

Chinese leaders are prioritizing high-tech stimulus, Germany considers ending its Sunday shopping ban to boost its stagnant economy while Chancellor Merz pitches Germany as a stable investment hub, and Singapore weighs tax cuts for hedge funds to compete with Hong Kong.

Andy Burnham's ascent to prime ministership sparks questions about his "unelected" status, as UK banks like NatWest and Lloyds express support for his devolution agenda, although the country also faces a recruitment freeze leading to a job crisis for newly qualified nurses.

Luxury groups face an inventory squeeze under a new EU ban on product destruction, while Madison Square Garden sues Wired magazine over an LGBTQ+ tracking report, and the Justice Department appears to be pulling back on prosecuting corporate crime.

Xpeng indicates China is close to developing a "killer" rival to Tesla's Model Y, highlighting the intense and rapidly evolving global electric vehicle market.

Maga's embrace of the gender binary and Pete Hegseth's promotion of testosterone for troops exemplify a rightwing aesthetic, while Britain re-evaluates the perception of 'rightwing' as a term.

The UK seeks the extradition of Andrew and Tristan Tate after their arrest in Miami, facing fresh charges of rape and sexual exploitation.

Mastering the art of knowing when to step down from a role is explored as one of the hardest career tricks to achieve successfully.

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