In BIG PICTURE NEWS, a US-China trade deal nears, US interest rate cuts appear more likely, Trump raises tariffs on Canada, Milei scores big in Argentina and Putin faces a coup. In CONSUMER & EMPLOYMENT NEWS, supermarkets warn of higher prices, rents now eat up 44% of the average wage, UK home sales drop and job vacancies hit a low point. In DEAL NEWS, Novartis buys Avidity Biosciences, Grindr fields a buyout offer, Legal & General agrees a massive pensions buyout and OpenAI swerved advisers. In MISCELLANEOUS NEWS, the US risks losing ground to China on EVs, Geely targets big sales numbers in the UK, we look at chocolate alternatives, a "final deal" is reached on TikTok and M&S ditches their Indian outsourcer. AND FINALLY, I bring you an interesting way to clean a hotplate...
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