Tariff Refund Reality Check: A U.S. Supreme Court win on tariffs is still leaving some small retailers stuck—Michigan shop owner Andy Linn says refunds may be out of reach because many businesses weren’t the “importer of record,” a paperwork role often held by brokers or freight forwarders. AI Capital Formation: Nandan Nilekani-backed Fundamentum launched F2A and a Rs 2,000 crore AI/deeptech fund (up to Rs 3,000 crore with co-investments), signaling fresh money for long-term frontier builders. Enterprise AI Shift: Persistent Systems and Kong are teaming up to help companies move AI from pilots to governed production, arguing the bottleneck is control across hybrid environments. China Investment Pulse: China’s outbound direct investment rose 3.9% in Jan–Apr, while inbound FDI “actual use” fell—yet new overseas-invested firms kept growing. Local Growth & REITs: Qatar registered its first Salwa REIT fund, while India’s listed REITs distributed Rs 2,566 crore in Q4 FY26. Security & Crime Prevention: A new push for CCTV and vigilance highlights how small firms are tightening shop-floor defenses as threats persist.