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November 22, 2019
In MACRO & OIL NEWS, US-China trade talks take a more positive turn, Labour’s manifesto launch ruffles feathers and Saudi Aramco sidelines foreign banks. In BID NEWS, Charles Schwab closes in on TD Ameritrade, Google’s acquisition of Fitbit faces resistance, LVMH increases its bid for Tiffany and Xerox threatens HP with a hostile bid if it doesn’t play ball. In RETAIL NEWS, both Macy’s and Kroger disappoint. In INDIVIDUAL COMPANY NEWS, Francaise des Jeux’s IPO nets the government €2bn, WeWork cuts 17% of the workforce and Royal Mail has a bad day. , In OTHER NEWS, I bring you a knife made of fungus and a Jesus/Phil Collins statue…