More than a dozen executives from the world's largest companies have joined US President Donald Trump on a high-stakes visit to China. The business delegation points to an agenda dominated by trade, technology, and rare earths. The minerals are the building block of many modern industries, and a source of economic leverage for Beijing. Also in the show - the US Senate approves Kevin Warsh to be the next Chairman of the Federal Reserve.
Fans of Paris Saint Germain and Arsenal are facing soaring costs, as they scramble to book trips to Budapest for the final of the Champions League. Demand for flights and accomodation has spiked since the two football teams qualified for the match on May 30. Also in the show - FIFA defends high ticket prices for the upcoming World Cup, and Japan's Nikkei index jumps to record highs on strong tech spending.
The war with Iran has prompted many economies to reevaluate their energy needs and strategy. In Europe, several countries are considering reviving the use of nuclear power. Sweden, Belgium, and Italy are among those rolling back previous restrictions, while France and the UK are spearheading new nuclear projects.
Trade ministers from the Group of 7 industrialized nations have tried to find common ground, amid geopolitical tensions and trade uncertainty. In a clear swipe at China, they pledged to cooperate on securing supply chains of critical minerals. Also in the show - France's finance minister says airlines have enough jet fuel for May and June, and the US FDA makes a u-turn in approving flavored vapes.