In BIG PICTURE NEWS, we see some major trade developments, new highs for UK borrowing costs and warnings about running out of gas along with falling water levels. In TECH & MEDIA NEWS, China eases up on H200 chips, OpenAI slows down, Meta's under pressure, Apple's services business takes flak and Disney sues the Trump administration. In RETAIL & CONSUMER NEWS, we take a closer look at Shein and Qiaodan, Ikea takes on eBay and Vinted, M&S is crowned fastest-growing grocer in Britain and Drastic Dave wields the axe. In INVESTMENT & TRADING NEWS, observers warn of a crash (but fund managers are bullish), short sellers gain, Unitree's IPO smashes it and Mike Ashley buys deeper into Hugo Boss. AND FINALLY, I bring you an entertaining mum...