Energy & Policy: New Zealand passed a Gas (Market Transparency) Amendment Bill to let regulators collect and publish clearer gas reserve, production and demand data, aiming to reduce uncertainty for businesses as supplies tighten. Fuel Prices: Mumbai’s CNG cost jumped by ₹2 per kg to ₹86 after Mahanagar Gas Limited revised retail rates, citing pressure from global energy markets and West Asia-linked supply disruptions. Carbon Markets: California regulators approved a major overhaul of the cap-and-invest carbon program, potentially redirecting billions in free pollution permits toward refineries and other big polluters—sparking fresh budget fights and criticism. Retail Demand: British retailers reported weaker May sales (CBI balance -46), with firms still planning cost cuts and headcount reductions amid worries that higher energy prices will squeeze households. Ecommerce & Services: Amwhiz launched an all-in-one Shopify offering for Indian ecommerce brands, bundling store build, POS, WhatsApp API and automation under one team. Logistics: IATA said global air cargo demand rose 4% year-on-year in April, led by Asia-linked trade, while capacity fell and Gulf hub disruptions continued to reshape routes. Local Business Boosts: Route 66 shop owners in Tulsa say centennial celebrations are driving visitor surges, while Indianapolis City Market’s Whistler Plaza redevelopment is set to begin in June to revive downtown footfall. Housing & Insurance: Florida’s home insurance market is “stabilizing” after reforms, with AM Best pointing to underwriting gains and possible future rate easing.