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The Latest Breaking News from FT

Financial Times ‘unconvinced’ Odey libel claim is ‘serious’, High Court told

Mr Odey is suing the publication for at least £79 million in damages over four articles published in 2023.

Evening Standard

EDF will invest £1.1bn in Sizewell C plant, France and UK announce

French energy firm’s 12.5% stake will help to fund nuclear facility in Suffolk alongside £14.2bn UK state investment

The Guardian - UK

Shein files for Hong Kong IPO to speed up London listing, FT reports

The e-commerce platform filed for a London IPO around a year and a half ago, but has been unable to secure regulatory approval, partly linked to its exposure to the Xinjiang region.

Euronews

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Shein files to float in Hong Kong but hopes to keep London IPO alive – reports

The fast fashion retailer confidentially filed a draft prospectus last week with the Hong Kong exchange, the Financial Times reported on Tuesday.

Evening Standard

Erewhon style smoothies have landed in London – but are they even good for you?

Fancy smoothies have become an Instagram status symbol, but they come with a hefty price tag and some big health promises

Evening Standard

Valve's reported profit-per-head from Steam commissions is out there, and at $3.5 million per employee it makes Apple and Facebook look like a lemonade stand

No wonder Gabe Newell can afford all those boats.

PC Gamer

Starmer’s reno of the UK is going brilliantly. If you don’t count the walls falling down

Nothing says you’ve lifted the mood of the nation like having to haul your chancellor to a photocall at a ‘wellbeing centre’, says Guardian columnist Marina Hyde

The Guardian - UK

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'I Still Feel Responsibility,' Says Ex-Apple Executive Sir Jony Ive, Pledging to Fix Tech's Harms With $6.4 Billion AI Device

"I still feel responsibility," former Apple (NASDAQ:AAPL) design chief Jony Ive told the Financial Times in an interview earlier this month. OpenAI announced in May it would acquire his hardware startup for $6.4 billion to develop an AI device aimed at addressing the negative effects of smartphones.

Benzinga

FTSE 100 advances and outperforms European peers

It comes despite ongoing US trade policy uncertainty and mixed economic data.

Evening Standard

'Don’t Invade Our Systems': Automakers Warn Apple Over CarPlay Ultra

Apple's CarPlay Ultra would take Apple's software to your entire screen, including your A/C and speed. Car companies say no thanks.

InsideEVs

Members of British Jewish body suspended after criticising Israel to launch appeal

Board of Deputies representatives hit by disciplinary action say they remain ‘deeply concerned’ about Gaza war

The Guardian - UK

Trump’s war against Jerome Powell is crushing the value of the U.S. dollar

The dollar has lost 10.48% of its value against other currencies on the DXY index, year to date.

Fortune

Sorry Apple Fans, Some Automakers Are Turning Their Backs on CarPlay Ultra

It's been three years since Apple unveiled its upgraded version of CarPlay, designed to take over every screen in a car. It was supposed to launch last year, but 2025 arrived without a single vehicle having the software. Aston Martin only just announced last month that it would integrate CarPlay…

Motor1

Zuckerberg’s political shift didn’t shock Meta staff: ‘The whole time this was all one inch underneath’

Meta has implemented policy shifts that are more closely aligned with the administration since Trump was elected

The Independent UK

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Fortune

Inside a low-key Walmart heir’s bid to save nature (while making a profit), after crediting it with helping him survive rare cancer diagnosis

Lukas Walton, heir to the Walmart empire, has been building his investment vehicle for the past eight years with a focus on making the world more “humane and healthy.”

International Business Times UK

Builder.AI Bankruptcy Reveals £74M Tab with Mossad‑Linked Spy Firm and Top Crisis Lawyers

Builder.ai's bankruptcy reveals a $100M (£74M) debt, with creditors including a Mossad-linked spy firm, a top litigation firm, and crisis PR experts.

Evening Standard

Housebuilding and China trade hopes lift London stocks

Figures showed the unemployment rate rose slightly in the three months to April, as expected.

Fortune

Rolls-Royce CEO fired managers and held staff brainstorms, leading to 600% share price jump

Tufan Erginbilgiç's four pillars involved showing employees the extent of Rolls-Royce's issues, then giving them a say in fixing them.

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Laptop

Jony Ive built the iPhone, now he's building something new to save you from it

Jony Ive and OpenAI's Sam Altman want to redesign your relationship with technology, because "Humanity deserves better."

Windows Central

UK civil servants saved 24 minutes per day using Microsoft Copilot, saving two weeks each per year according to a new report

20,000 UK civil servants are reportedly using Microsoft Copilot AI to support their day to day work, making the department more productive overall, but is it worth it?

Tom’s Hardware

Nvidia GB200 production ramps up after suppliers tackle AI server overheating and liquid cooling leaks

A new report says production of Nvidia's GB200 is ramping up now that suppliers have tackled a series of issues with the manufacturing process.

Evening Standard

How much do London's councils make from day festivals?

Are the capital’s festivals generating crucial revenue for councils?

Fortune

Trump tariff delay trade is back, sending U.S. markets up on EU reprieve

“Investors know this act by heart,” Stephen Innes of SPI Asset Management wrote.

The Independent UK

Russia denies involvement in arson at properties linked to UK Prime Minister Starmer

A top Kremlin official has scoffed at a report that Russia could be involved in recent arson attacks on the private home of British Prime Minister Keir Starmer and other property associated with him

The Independent UK

Voices: Criticising Netanyahu is not antisemitic – this Jewish rebellion shows why

COMMENT: Last month’s declaration by 36 members of the Board of Deputies of British Jews against an escalation of the war in Gaza – in which ‘Israel's soul is being ripped out’ – is not only still reverberating through their own community, but has a much wider significance, writes Donald…

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People

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