Wednesday 20/03/24

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In MACRO & MINING NEWS, the BoJ's decision provides a boost, UK inflation falls, Hunt hints at an October election, fund managers get bullish, Hong Kong gets a tougher security law and mining giant Vale faces a massive legal action. In RETAIL & CONSUMER-RELATED NEWS, Kering issues a profit warning, Ted Baker brings in the administrators, Tesco gets a Lidl slap, DFS and Wickes report weak demand, shoplifting prompts a rethink on self-checkout, Unilever ditches ice cream and Trustpilot returns to profitability. In CAR NEWS, Renault calls for a war chest, XPeng cuts losses and Bentley benefits from bespoke. In MISCELLANEOUS NEWS, Close Brothers puts some money aside, investment bank bonuses are slashed, we take a closer look at Nvidia's new chip and who else is benefiting from Nvidia's rise while Xiaomi beats estimates. AND FINALLY, I bring you the biggest croissant I've ever seen!

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

 

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