In BIG PICTURE NEWS, Warsh tries to ease investor concerns, we see the consequences of Trump lashing out, Japanese inflation rises, the UK posts a budget deficit and reviews business rates, Zelensky remains defiant and India's reliance on Russian oil continues. In INVESTMENT-RELATED NEWS, Shein seeks a $27bn valuation, Alibaba announces a big share placement, US buyers shop for Europe's asset managers and Blank Street raises funds. In PROPERTY-RELATED NEWS, small builders struggle, northern commuter belt house prices rise and Magnet warns of more store closures. In MISCELLANEOUS NEWS, Anthropic struggles, Zoox hits the road, JLR delays the all-electric Defender, OG running shoe brands bottom out, British restaurant groups struggle and UK recruiters have a rebound of sorts. AND FINALLY, I bring you some amazing wrapping skills...
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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!