The US economy is more fragile than it appears

Jobs, consumers and stock values are at an ominous inflection point
Israel extends Gaza offensive to areas not yet reached by ground forces

Military evacuation order for Deir al-Balah, where some Israeli hostages are believed to have been held, draws criticism
Bedouin fighters withdraw from Syrian province hit by violence

Troops re-enter southern Sweida after US and Arab states broker deal between Damascus and Tel Aviv
UK minister vows to halve sewage pollution by 2030

Environment secretary Steve Reed says Ofwat is ‘clearly failing’ and promises overhaul of water industry regulation
EU cracks down on state meddling in bank M&A

Twin warnings to Rome and Madrid come as Brussels steps up efforts to revive consolidation
John Lewis weighs reinstatement of prized staff bonus

Employee-owned retail group says workers in line for payout if it beats £200mn profit target