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CNBC's The China Connection newsletter: Spectacle-heavy Trump-Xi summit was more about domestic messaging
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Samsung to inject $1 billion into Nvidia- and KKR-backed AI infrastructure firm
Samsung Electronics and its five affiliates are investing $1 billion in KKR-launched Helix as the group expands its push into global AI infrastructure.

Burnham to unveil public body to invest in electricity grid
The prime minister will say he wants to reduce energy costs in his first conference speech as Labour leader.
OpenAI abandons plan to release upcoming model as safety concerns escalate
The heads of OpenAI and rival Anthropic have both indicated recently that top AI labs should slow the pace of model development.

Warning more homes will be uninsurable due to flood risk
Aviva boss Amanda Blanc said England was "for sure" building homes that might be uninsurable at some point in the future.

Unis are offering degrees in content creation for £30,000. But are they worth it?
Content creation degrees aim to help people make money from their social media posts.
LeBron James is already boosting ticket and merchandise demand for Philadelphia 76ers
NBA star LeBron James is having a major financial impact on the Philadelphia 76ers and Philadelphia, boosting sponsorships, ticket sales and economic activity