In MACRO NEWS, China's manufacturing output drops, the EU renews Russia sanctions, Germany takes in more Russian LNG, Lithuania and Estonia aim for Donald's 5%, UK shop prices fall and we're on track to miss clean power targets. In DEEPSEEK NEWS, we look at the popping of the AI bubble. In RETAIL & LEISURE NEWS, WH Smith attracts interest, Oxford Street takes a hit, streetwear suffers, Dr Martens recovers, Ryanair soars and Starbucks has a crack down. In MISCELLANEOUS NEWS, Tesla has issues, Universal announces a Spotify agreement, Amazon wants to launch drones in the north-east and UK rents start to fall. AND FINALLY I bring you Nish Kumar's first experience with ravioli...