Andy Burnhams Electoral Reform Proposal Could Reshape UK Political Landscape Market Implications Emerge Irans Potential Tariffs on Strait of Hormuz Internet Cables Could Raise European Connectivity Costs Microns New Milestone Dicks Earnings and Paxtons Primary Victory Highlight CNBCs Morning Squawk Artificial Intelligence Reshapes Investment Management Deloitte Highlights Transformative Potential Skymap Pharma Emerges as Highest Bidder for IMPCL as Centre Advances Disinvestment ADP April Private Payrolls Rise 109000 Exceeding Forecasts Fed Rate Cut Prospects Dim Singapore Bankruptcy Cases Rise Overspending and Business Failures Cited as Key Drivers