In BIG PICTURE NEWS, Chinese house prices continue to weaken and its industrial output looks shaky, London overtakes Paris as investors take fright and businesses try to keep their options open, investment in the UK lags other G7 members and wind looks set to overtake gas. In IPO-RELATED NEWS, Shein looks at new revenue streams ahead of its proposed London listing and ad agency Havas prepares for its IPO. In MISCELLANEOUS NEWS, Apple ditches its BNPL service, Europe sparks investment in defence, BYD aims for Europe and the FT reckons that there's enough slack in state schools to absorb an influx. AND FINALLY, I bring you the fruits of media training...