Trade relations between the U.S. and China continue to be strained as new tariffs increase disruption, while UK retail giant Marks & Spencer (M&S) grapples with a cyber-attack. Despite these challenges, the FTSE 100 index rises to an 11-day high.

In a major shift that could redefine global manufacturing landscapes, Apple plans to relocate all U.S.-bound iPhone production from China to India by 2026. This strategic move comes in response to rising U.S.-China tensions, changing supply chain dynamics, and India's emergence as a tech manufacturing hub.