In BIG PICTURE NEWS, a new Gaza deal is to be discussed, Musk launches a political party, China reroutes to dodge Trump's tariffs and the government launches a welfare scheme. In BUSINESS, EMPLOYMENT AND CONSUMER TRENDS, China buys up mines, Japanese shipbuilders consolidate, London IPOs reach new lows, consulting rebounds, AI prompts the need for netter training, hiring weakens and a winner emerges in American beer. In CAR-RELATED NEWS, Musk loses momentum in China, UK carmakers are on target for EV sales and expectations are high for car finance compensation. In MISCELLANEOUS NEWS, Japan reverts to nuclear and M&S sees the cyberattack as an "opportunity for a reset". AND FINALLY, I bring you a Ralph update...