Business

Andy Burnham's policy decisions on North Sea exploration licences and a devolution 'big bang', the UK's focus on insiders versus outsiders for growth, steel quota risks in a potential India deal, British Steel nationalisation disputes, Northern banks supporting devolution, the nursing job crisis, and broader political shifts define the current landscape.

Crumbling EU support for Russia sanctions, India's misdiagnosed rupee problem, the ECB's response to rising oil prices, a US strike on Iran, China's economic stimulus plans, Germany's pitch as an investment bedrock, and its debate over Sunday shopping highlight major international economic and geopolitical developments.

Prediction markets Kalshi and Polymarket seeing billions in World Cup bets amid their fierce rivalry, US day traders flocking to perpetual crypto futures, and the growing trend of individuals seeking their 'Zone of Genius' against AI job displacement underscore significant shifts in digital finance and the future of work.

Adidas leveraging its World Cup moment for US sales, Big Food companies struggling with shoppers and investors, GameStop's persistent pursuit of eBay, Xpeng's ambition to rival Tesla Model Y, and luxury groups facing an inventory squeeze due to an EU destruction ban reveal diverse corporate and industry challenges.

**America's most generous 401(k) plans, the intriguing 'Case of the 3:30 Emails', the art of executive succession, Singapore's tax cut considerations for hedge funds, Madison Square Garden's lawsuit against Wired Magazine, the UK's extradition request for Andrew and Tristan Tate, and the Justice Department's pullback on corporate crime prosecution** reflect key legal, ethical, and operational issues.

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