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FirstFT: China’s tech giants miss out on AI stock market rally
Also in today’s newsletter: US Treasury secretary meets Japanese PM, and Sam Altman testifies in OpenAI trial
Starmer clings to power after four ministers resign
PM due to hold crunch meeting with health secretary Wes Streeting after challenging rivals to launch leadership bids
Resignation of US food and drug regulator head adds to health agency …
Lawyer Kyle Diamantas appointed FDA’s acting leader as concerns mount over hantavirus outbreak
Mexico Rating Outlook Revised to Negative at S&P as Debts Mount
S&P Global Ratings revised Mexico’s credit outlook to negative from stable, citing persistently weak fiscal results, rising debt levels and weak economic growth.
MSCI Removes Stocks Linked to Indonesia’s Richest From Indexes
MSCI Inc. cut some Indonesian stocks linked to the country’s richest billionaires from its indexes, following through on a warning last month that it will …
iOS 27 might add a lot more customization to the Camera app
Apple's next iOS update could include something phone photographers have been waiting for: a lot more control over the Camera app. According to Bloomberg's Mark …
FDA chief resigns after Trump admin forced approval of fruity e-cigs
Makary reportedly spent his year bucking Trump admin and making industry enemies.
Basketball star Brandon Clarke, Memphis Grizzlies forward, dies at age 29
Neither the Grizzlies nor Clarke’s agency, Priority Sports, immediately released details surrounding his death.
Trump's Goal In China? Keep It Simple
Expectations are running high for the US-China summit in Beijing, but Trump’s main goal should be to not make things worse, the Editorial Board writes. …
Pentagon’s Iran war bill nears $30bn as Trump renews threats
Lawmakers demand answers as mounting cost of conflict weighs on the economy
Trump downplays US-Iran differences as he heads to Beijing to meet with …
Trump gives conflicting messages on prominence of Iran war in upcoming talks, with his administration emphasising trade.
US court pauses decision blocking Trump’s 10 percent global tariff
A coalition of 24 states have argued that Trump's latest tariffs do not meet the standards of 1974 Trade Act.
China’s big tech groups miss out on AI stock market frenzy
Tencent and Alibaba left behind as investors focus on pure AI plays
China’s Manufacturing Heartland Tested by Iran War Energy Shock
Economic activity in China’s most important manufacturing hub is heaping pressure on power supplies, sparking an energy stress test as the Iran war chokes shipments …
Japan’s Sojitz Eyes Southeast Asia for New Rare Earths Supply
Japanese trading house Sojitz Corp. is looking to Southeast Asia and other regions as new potential sources of rare earths outside Australia, as it aims …
Cannes juror denounces Hollywood boycott of actors for Gaza war views
2026 Cannes Film Festival juror Paul Laverty denounced Hollywood for boycotting actors who’ve opposed the Gaza war.
CommScope Sued by Lenders for at Least $150 Million Over Alleged Breach
Vistance Networks, formerly known as CommScope Holding Co., was sued by a group of lenders who allege the telecommunications provider breached a debt agreement by …
Meta won’t let you block its AI account on Threads
Meta announced on Tuesday that it's testing a Threads feature that lets users tag a Meta AI account to get answers to questions or context …
Australia has some of the world's costliest homes. Will scrapping tax breaks …
The government hopes reforms will help young people enter the market, while critics say it will stifle supply.
US inflation jumps to 3.8% as Trump’s Iran war sends petrol prices …
April figure marks highest level in three years as effects of conflict reverberate through world’s biggest economy
Trump backs Pakistan as Iran mediator after criticism from Lindsey Graham
US president lauds Islamabad, but his Republican ally says he does not trust Pakistan to facilitate Iran diplomacy.
Lebanon says two paramedics among 13 killed in Israeli strikes
Lebanon's health ministry says the paramedics were carrying out a rescue mission in Nabatieh in response to an earlier attack that killed one person.
Meta will tell parents when their teens add new interests to their …
Starting Tuesday, parents can get more details about what their teens are up to on Instagram. Meta is adding a feature to its Teen Accounts …
Scottish Mortgage defends $1.25tn SpaceX valuation ahead of IPO
UK investment trust’s valuation means its holding in Elon Musk’s company is worth £3bn
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