In BIG PICTURE NEWS, Xi and Trump are set for more meetings, Burnham takes action, rising shipping rates hit the UK economy and Indonesia's stock market takes desperate measures. In IPO AND M&A NEWS, investors are buoyant ahead of Oura's debut and Armani kicks off talks with LVMH and L’Oréal while investment bankers cash in on all the activity. In TECH NEWS, corporate America uses cheaper "open" AI models and North Devon pushes back against a massive data centre. MISCELLANEOUS NEWS, diesel car values fall, a pork pie maker suffers from fat jabs, private credit eases and the ube export ban causes concern.AND FINALLY, I bring you a clever fancy dress costume...