G7 meets amid tensions over Trump and China role
The G7 summit faces deep internal divisions as Donald Trump's confrontational stance strains diplomacy with traditional allies. Analysts argue that excluding China from the discussions may undermine the group's relevance on global economic and security issues. Indian Prime Minister Modi is scheduled to meet Trump bilaterally on June 17, marking their first face-to-face talks since February.
The 2026 FIFA World Cup is projected to generate $13 billion in revenue, making it the most lucrative edition in history. Forbes reveals the tournament's highest-paid players, while USMNT players stand to earn substantial bonuses from FIFA's expanded prize pool. The financial scale underscores professional soccer's explosive commercial growth.
The upcoming World Cup is driving a surge in China's summer outbound travel bookings as fans plan trips abroad. April economic data from China presents a mixed picture of recovery pace. Tunisia is actively courting Chinese tourists, pointing to growing demand for long-haul destinations from the Chinese market.
Analysts warn that Hong Kong's commercial landlords must refurbish or repurpose office space to retain AI-driven tenants as technology firms expand. Specialised data centres are increasingly critical to supporting AI infrastructure. Forbes highlights how AI agents are being deployed to make urban management more efficient worldwide.
The U.S. Department of Justice has approved Paramount's acquisition of Warner Bros. Discovery, paving the way for a $111 billion merger that would unite CBS, HBO, CNN, and Warner Bros. under one roof. The decision could still face legal challenges from state attorneys general. If completed, the deal would reshape the global entertainment landscape by combining two of the industry's largest studios.