In BIG PICTURE NEWS, Israel and Iran stop counterstrikes, Berlin ditches the Franco-German fighter jet project, Switzerland weighs up a Franco-Italian tie-up, the Pentagon put Alibaba, Baidu and BYD back on the blacklist, Trump's $100k visa fee is blocked and Reeves pushes companies to use AI. In CONSUMER & EMPLOYMENT TRENDS, China's silver economy booms, European drivers cut back on fuel use and Campbell's sales drop while Meta launches the "Workforce Academy" and Wix.com cuts 20% of its workforce. In IPO AND M&A NEWS, OpenAI decides to do an IPO, university endowments look set to do well from SpaceX, Tate & Lyle agrees to the Ingredion takeover, Intesa bids for Monte dei Paschi and software buyout deals collapse. In MISCELLANEOUS NEWS, Apple unveils Siri AI, Apollo and Blackstone raise $35bn in chip financing, Brazil looks to break China's rare earth dominance and AstraZeneca has good news on an anti-obesity drug. AND FINALLY, I bring you a bit of unusual piano playing...
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