• Laredo’s Future Rides on Trump’s Next Trade Move — The New York Times Business - 19:20
• Global Oil Price Jumps as War Threats Intensify — The New York Times Business - 19:00
• Sony Revives Cinerama Dome in Los Angeles as Box Office Sales Rebound — The New York Times Business - 18:58
• Trump’s Trade Negotiator Doubles Down on Tariffs Before Global Duties Expire — The New York Times Business - 18:48
• Nasdaq Slips Ahead of Earnings From Tesla, Alphabet — Wall Street Journal - 18:24
• Paramount Wins EU Approval for $81 Billion Warner Bros. Deal — Wall Street Journal - 18:20
• Segro board signals it would back £14bn takeover after battle with US bidder — Financial Times - 18:18
• The real barrier to Africa’s solar energy boom — Financial Times - 17:52
• Greek tycoon’s tanker towed into Iranian waters — Financial Times - 17:38
• UK education secretary accused of misleading claim about Oxford entry — Financial Times - 17:23

Trump administration's continued reliance on tariffs and threats against Iran, coupled with Pakistan's request for US financial aid and EU airline ownership rule reviews, underscore a turbulent global landscape heavily influenced by trade disputes and geopolitical tensions in the Middle East impacting oil prices.

• Pakistan seeks $10bn US facility to shore up reserves — Financial Times -
• EU review of airline ownership rules clouds Apollo’s £5.7bn easyJet bid — Financial Times -
• The battle over America’s War Powers Act — Financial Times -

• Trump Administration Plans to Stick With Tariffs, Trade Representative Says — The New York Times Business -
• Trump threatens to destroy Iranian bridges and power plants — Financial Times -
• Laredo’s Future Rides on Trump’s Next Trade Move — The New York Times Business -
• Mercedes risks US sales ban under Senate China bill — Financial Times -
• Global Oil Price Jumps as War Threats Intensify — The New York Times Business -
• See How Houthis Put the Red Sea at Risk as an Alternative Oil Route — The New York Times Business -
• Trump’s New Trade Fights (and Deals) — The New York Times Business -
• What new EU rules mean for the aviation industry — Financial Times -
• Oil rises past $95 after Trump threatens further Iran escalation — Financial Times -
• Trump’s Board of Peace to set up Gaza ‘pilot’ city — Financial Times -
• Why the EU faces a Russian oil vs LNG sanctions stand-off — Financial Times -
• Who will win the war of neo-mercantilists? — Financial Times -
• US will cut aluminium tariffs to boost defence supply chain — Financial Times -
• Trump Plans to Impose Tariffs on Generic Drugs — The New York Times Business -
• Trump plans 100% tariffs on generic drugs in 2028 — Financial Times -
• Trump Lifts Ban on Direct Flights to Lebanon — The New York Times Business -
• At GM, Trump’s Second Term Means Big Trucks—and a Push Into the Defense Industry — Wall Street Journal -

The AI boom continues to drive stock market growth, with **major investments like AMD's $5bn deal with Anthropic highlighting its economic significance, though OpenAI's self-inflicted cyber breach raises concerns about AI's autonomy and security implications for the tech sector and publishers wrestling with Google's AI search evolution**.

• Stocks and the Economy Are Increasingly Relying on the A.I. Boom — The New York Times Business -
• OpenAI admits AI ‘agent’ caused major cyber breach by itself — Financial Times -
• AMD to invest up to $5bn in Anthropic in chip deal — Financial Times -

• AMD and Anthropic Sign Major Chips-and-Investment Deal — Wall Street Journal -
• Volkswagen Strengthens Horizon Robotics Tie-Up to Advance Self-Driving Technology in China — Wall Street Journal -
• Is AI productivity growth in the room with us right now? — Financial Times -
• Google Was a Lifeline for Publishers. Now Some Are Thinking of Cutting It Off. — Wall Street Journal -

**Significant M&A activity including Prologis's final bid for Segro and Penske Automotive's potential privatization defines a dynamic market, while Nasdaq slips ahead of key tech earnings and private capital misses out on the IPO and deal boom**.

• Prologis Makes Final $18.7 Billion Bid to Take Over U.K.’s Segro — Wall Street Journal -
• Nasdaq Slips Ahead of Earnings from Tesla, Alphabet — Wall Street Journal -
• Penske, Mitsui Bid to Take Penske Automotive Private in Near $4 Billion Deal — Wall Street Journal -

• Kone Confirms Guidance Despite Costs of TK Elevator Acquisition — Wall Street Journal -
• Prologis lifts Segro offer to £14bn as takeover battle intensifies — Financial Times -
• Kloeckner Says Boards View Worthington’s Delisting Bid Favorably — Wall Street Journal -
• The train that derailed a private equity titan — Financial Times -
• Private capital misses out as IPO and deal boom lifts Wall Street banks — Financial Times -
• How a billionaire’s dream for a Florida railway went south — Financial Times -

New Prime Minister Andy Burnham's early policy moves, including **a £2 cap on bus fares and reviewing prisoner early-release schemes, coincide with UK inflation falling to 2.6%, though the Bank of England may discount this improvement, while the housing market remains dysfunctional and defence spending debates continue**.

• Streeting refuses to commit to 3% defence spending ambition — Financial Times -
• Can ‘Brand Burnham’ survive the move to Number 10? — Financial Times -
• Burnham signals review of early-release scheme for prisoners — Financial Times -

• The West Country: the UK’s most dysfunctional property market — Financial Times -
• Burnham can be the failure that Britain needs — Financial Times -
• Cutting VAT from energy bills is a painkiller, not a cure — Financial Times -
• UK inflation falls more than expected to 2.6% in June — Financial Times -
• Burnham launches £2 cap on bus fares — Financial Times -
• June’s encouraging inflation will be discounted by Bank of England — Financial Times -
• New UK energy secretary previously called for acceleration of net zero target — Financial Times -
• Investors could do with their own ‘Number 10 North’ — Financial Times -
• The UK’s biggest university is a private company — Financial Times -

Diverse company earnings reports show Cal-Maine hurt by low egg prices but **GE Vernova, AT&T, Santander, Airbus, SSAB, and Equinor posting positive results, while corporate governance issues arise at Vale and Lloyd's of London, and global economic concerns include Japan's sliding yen and Venezuela's untraced oil money**.

• Vale shareholders elect new chair following governance dispute — Financial Times -
• Cal-Maine’s Sales Crack, Hurt by Historically Low Egg Prices — Wall Street Journal -
• The Lucid dream can continue on a bed of Saudi money — Financial Times -

• Nike Reboots Its Troubled China Operations — Wall Street Journal -
• Philip Morris Ramps Spending to Grow Zyn Brand — Wall Street Journal -
• NHS England adds caveat to pro-Palantir data after watchdog probe — Financial Times -
• Germany to buy stakes in defence start-ups — Financial Times -
• Bill Gates’s Personal Emails Weren’t Part of Epstein Review — Wall Street Journal -
• Lloyd’s of London Criticizes Former CEO’s Close Relationship With Subordinate — Wall Street Journal -
• Environment Agency launches criminal proceedings against former Southern Water CEO — Financial Times -
• PulteGroup Profit Falls on Declining Revenue — Wall Street Journal -
• GE Vernova Boosts 2026 Revenue Target — Wall Street Journal -
• AT&T Revenue Rises on Growth in Postpaid Phone, Internet Customers — Wall Street Journal -
• FirstFT: Where is Venezuela’s oil money? — Financial Times -
• US start-up wins EU approval for sight-restoring bionic eye — Financial Times -
• Japan’s cup noodle pioneer gives cold shoulder to boiling water — Financial Times -
• Robinhood Revamps $695 Platinum Card After Customers Take Issue With Perks — Wall Street Journal -
• Cartier’s Love Bracelet Has the Hype. The Birkin Still Has the Upper Hand. — Wall Street Journal -
• See How Tesla’s Market Value Eclipses All the Other Automakers — Wall Street Journal -
• How Donald Trump Jr.’s 1789 Capital Is Cashing In Without Apology — The New York Times Business -
• Santander Sees Targets on Track After Customer Gains, Lending Boost Profit — Wall Street Journal -
• Airbus Shares Climb on Midterm Profitability Goal — Wall Street Journal -
• Wetherspoons issues fourth profit warning this year — Financial Times -
• Steelmaker SSAB’s Earnings Rise Despite Higher Costs From Iran War — Wall Street Journal -
• India’s Gen Z takes on Modi — Financial Times -
• Equinor Hikes Buyback as Earnings Jump on Higher Energy Prices — Wall Street Journal -
• Tokyo vows to take ‘bold’ action as yen keeps sliding — Financial Times -
• How shifts in capital flows could change the dollar’s role — Financial Times -
• The US has collected about $13bn of Venezuela’s oil money. Where is it? — Financial Times -
• European heatwave wiped €2bn from value of grain crop, analysis estimates — Financial Times -
• Lebanon proposes $1mn ‘golden visa’ for low-tax residency — Financial Times -
• The US has $13bn in Venezuelan oil money. Where is it? — Financial Times -
• Investors fear Japanese bond bets risk becoming new ‘widow-maker trade’ — Financial Times -