Category: Protected – UOL Spring 2023

In MARKETS, MACRO & CURRENCY NEWS,US stocks weaken, markets take in Sunak’s election announcement, Sunak suffers more blows, Argentina’s peso plunges and ethereum gets the nod. In BUSINESS TRENDS NEWS, we see the ending of US “revenge” travel, Western countries gearing up for war and office trends in the US and UK. In TECH NEWS, Elon Musk drums up more financing for xAI and Nvidia’s jump looks astounding. In MISCELLANEOUS NEWS, the DoJ sues Live Nation and Xiaomi puts in a strong performance. AND FINALLY, I bring you something I might actually make for lunch next week…

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In MACRO & COMMODITIES NEWS, Sunak calls an election, inflation doesn’t behave, the US gets pernickety and BHP’s final offer looks insufficient. In TECH NEWS, Nvidia’s revenues climb, China has hopes for “Chat Xi PT” and OpenAI signs a deal with the WSJ’s owner. In RETAIL NEWS,Amazon pumps up its distribution, Target announces weaker sales and M&S booms. In CAR NEWS, China asks carmakers to buy local, EU car registrations jump but Tesla sales drop. AND FINALLY, I bring you some amazing kitchen gadgetry…

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In BIG PICTURE NEWS, the EU trading deficit with China shrinks, the UK tries to mend fences with the UAE, the IMF gets bullish about UK interest rate cuts, the Bank of England signals a cut will be next, the government advises stockpiling, factory output rises, an Anglesey nuclear power station is on the cards, Adani faces more allegations, metal prices rise and ether gets a boost. In TECH NEWS, Microsoft pushes Copilot, traders brace themselves for Nvidia and Amazon has a change of heart. In RETAIL & CONSUMER NEWS, US retailers cut prices, Lululemon has a management restructure, B&Q’s owner is downbeat and Nestlé reformulates its food. In MISCELLANEOUS NEWS, we see a data centre-driven real estate frenzy, whether China’s real estate plan will actually work, Cazoo’s failure, Nio’s progress, Grant Thornton’s streamlining, Pixar’s cuts and AstraZeneca’s grand plan!. AND FINALLY, I bring you a filet mignon that isn’t a filet mignon…

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In MACRO, MARKETS, COMMODITIES & CRYPTO NEWS, we look at the implications of the Putin/Xi meeting, Japan’s GDP contracts faster than expected, Dutch government looks set to cause ructions with Brussels, Sunak hopes for a miracle, the Dow hits a new high, there’s more oil consolidation, Chevron pulls out of the North Sea, Copper looks vulnerable and the CME considers bitcoin trading. In RETAIL, CONSUMER GOODS & LEISURE NEWS, Walmart sees sales growth, JD.com beats estimates, Shein turns to London, Watches of Switzerland bets on US growth, Under Armour wobbles, Premier Foods booms and EasyJet is positive. In TMT NEWS, Microsoft offers relocation, Meta’s under EU pressure, Sony warns global tech, TikTok takes an interesting turn, Reddit surges and BT wrong-foots the naysayers. In MISCELLANEOUS NEWS, fixed-rate mortgages costs fall and Love Islanders are charged. AND FINALLY, I bring you an amazing table tennis rally and a song that I just can’t get out of my head…

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In MACRO & “GREEN” NEWS, Putin arrives in China, Argentina’s inflation moderates, the UK’s economy outpaces the Eurozone’s, the Dutch far-right form a government, Labour lays out its stall, the Bank of England gets a poor report card, AI start-ups aim to tackle climate change, Calpers channels money into green investments, aviation chases green fuel and M&S takes initiative with packaging. In TECH NEWS, Microsoft’s emissions jump, data centres prompt Big Tech spending, Google uses AI for the good, PolyAI attracts a nice valuation and Raspberry Pi heads for flotation. In CONSUMER GOODS, RETAIL & LEISURE NEWS, Burberry profits weaken, Gail’s goes to Waitrose, TUI delivers and Eurostar gets bullish. In MISCELLANEOUS NEWS,China makes big plans for a real estate solution, we look at some M&A developments and difficulties facing UK universities. AND FINALLY, I bring you some incredible ab control!

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In BIG PICTURE NEWS, Putin visits China, Biden tries to outdo Trump, new US tariffs will hit clean tech, Pill sounds caution about UK rate cuts, Vietnam promises more energy, UK fusion gets shut out and Blackrock gets big in crypto. In TECH NEWS, Google unveils a new AI assistant, Sutskever resigns from OpenAI, Selipsky resigns from AWS, SMIC warns of a chip price war, Tencent booms and Sony profits jump. In CAR-RELATED NEWS, China EV makers aim to conquer the world (ex-US), Stellantis is to sell cheap Chinese EVs and we look at how to improve the economics of charging. In MISCELLANEOUS NEWS, Anglo American announces a break-up plan, Currys returns to sales growth, Greggs feels the heat, Revolution’s plans are put on hold and HSBC and Deloitte grads take a hit. AND FINALLY, I bring you a handstand competition and a joke for lawyers…

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In MACRO & COMMODITIES NEWS, the City gets excited about the UK, BHP gets its latest offer rejected and we look at why everyone’s getting so hung up on copper. In TECH NEWS,Microsoft is to face EU competition charges, Hunt has $1tn tech dreams, Apollo and Intel consider building a chip plant in Ireland, Permira takes Squarespace private, OpenAI rolls out updates and SoftBank reports solid performance. In RETAIL NEWS, Temu’s US growth slows, Walmart announces layoffs, GameStop booms again, Heathrow lays into the tourist tax and Asda aims to build a new “town centre”. In MISCELLANEOUS NEWS, EVs emerge as the top company perk, superfans offer opportunity and housebuilding slows. AND FINALLY, I thought I’d bring you a mesmerising pancake…

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In MACRO, OIL & BUSINESS TRENDS NEWS,China goes for growth, Spain gets a reprieve, US shale faces accusations, China and ESG ETF closures increase, China pushes Hainan, Miniso has big ambitions, Saudis get frustrated with management consultants, takeover interest in UK companies rises, business parks empty and office rents rise. In EMPLOYMENT, CONSUMER & RETAIL TRENDS, we see the end of The Great Resignation, wage rises raise inflation concerns, longer-term mortgages raise retirement concerns, sake hits the UK and Fever-Tree aims at Aperol Spritz. In CAR NEWS, Chinese EVs ratchet up the pressure, Tesla turmoil prompts uncertainty and motorbikes head the same way as cars. In MISCELLANEOUS NEWS, Alibaba becomes a leading AI investor, Apple faces newspaper ire, Musk defends X, Arm aims at AI and Didi wants to have another crack at the UK. AND FINALLY, I thought I’d bring you an annoyingly catchy song and skilful dance…

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In MACRO & COMMODITIES NEWS, the UK exits recession, the Bank of England leaves interest rates unchanged, Sweden cuts them, Trump allegedly tries to do a deal with the oil industry, Calpers considers its vote in the Exxon saga, oil companies face hurdles going stateside and the Anglo American saga drags on. In BUSINESS & CONSUMER TRENDS NEWS, China’s trade hits growth again, Chinese tech migrates to the Middle East, the US pours money into tech, HSBC sides with China and tourists swerve Britain for tax-free shopping. In TECH & MEDIA NEWS, Asia cracks down on Big Tech, TikTok makes AI updates, we look at Arm’s valuation and Warner takes a hit. In MISCELLANEOUS NEWS, BYD wants Europe, Ferragamo revenues are dented and Gordon Ramsay is to open a sky-high restaurant. AND FINALLY, I thought I’d show you how to choose the right dried pasta…

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In MACRO, MARKETS & CRYPTO NEWS, Sunak has one final job, the IPO pipeline is building up and FTX is ready to compensate. In TECH & MEDIA NEWS, Intel cuts its outlook, Arm underwhelms, Informa does a deal with Microsoft, Shopify drops and Uber hits a speed bump while Disney and Sky offer more streaming options. In CAR NEWS, VW sticks up for China, Tesla is “under investigation for fraud”, Toyota continues to play catch-up and Cazoo faces administration. In MISCELLANEOUS NEWS, the housing market stutters, the jobs market reaches a turning point, Direct Line is under the weather, Airbnb gets wary and AstraZeneca signals the end of an era. AND FINALLY, I thought I’d show you what A&E would look like if it was based on homeopathy…

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In BIG PICTURE NEWS, global debt hits new highs, rampant Argentinian inflation necessitates 10,000 peso notes, Sweden is expected to cut rates and taxpayers are to fund HS2 in London after all. In CAR NEWS,Chinese dealerships ditch foreign brands, Musk sends a fixer to China, UK carmakers appeal for help in the EV snub and Ford is ready to restrict the sale of petrol models. In TECH & MEDIA NEWS, Microsoft makes a “secret” AI tool for US spies, Apple unveils a new powerful chip, the US tightens the ban on supplying chips to Huawei, TikTok fights back, Reddit beats expectations and Ofcom pressures the tech industry while Disney plans for the future. In MISCELLANEOUS NEWS, the UK construction sector grows, house prices steady in April, student accommodation becomes a cash cow and UBS profits from its rival’s misfortune. AND FINALLY, I thought I’d show you that Big Brother is watching you on London Underground…

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In MACRO & CRYPTO NEWS, global trade is expected to grow sharply, the EU and France appeal to China, the Bank of England remains divided, a Labour government could be a boost, the SNP gets a new leader and Robinhood warns of a lawsuit. In CONSUMER & EMPLOYMENT NEWS, spring sales are dampened, Pandora benefits from lab diamonds and employers rein things in. In REAL ESTATE NEWS, Savills does a U-turn on house prices, the London exodus runs out, there’s doubt about a lab rescue and Heineken plans a pub refresh. In MISCELLANEOUS NEWS, EV taxes are imposed, a British driverless car start-up raises $1bn, Qualcomm is to get an AI boost and Boeing slips up yet again. AND FINALLY, I thought I’d bring you some plane passenger initiative…

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In MACRO, COMMODITIES & ENERGY NEWS, Turkey stops trade with Israel over Gaza, the OECD sticks the boot into the UK, Shell beats profit forecasts, Gazprom has its worst loss in decades, US cattle prices fall and Ørsted warns of the high price of renewables. In TECH NEWS, Apple’s revenues fall, Chinese AI start-ups chase OpenAI and TikTok’s feistiness continues. In M&A NEWS, Sony and Apollo make Paramount an all-cash offer, Nightcap considers a bid for Revolution Bars, Mayer Brown is to spin off its China business, Special Opportunities REIT looks to list in London and investors look to other ways to access IPOs. In MISCELLANEOUS NEWS, Lloyd’s insurers count the cost of Baltimore, Maersk’s profit falls, Goldman Sachs removes the bonus cap, Peloton’s latest CEO exits and Novo Nordisk gets fat from weight-loss drugs. AND FINALLY, I thought I’d bring you some holiday inspo😁…

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In BIG PICTURE NEWS, US interest rates look like they’ll be higher for longer, Sunak faces a reckoning, councils suffer, UK manufacturing falters and UK universities face more course closures. In RETAIL, CONSUMER GOODS & LEISURE NEWS, Mulberry sales fall, Next surges, Mango plans more UK stores, Flutter shareholders vote for New York and Viking has a decent debut. In CAR-RELATED NEWS, Chinese EV makers post higher sales, Tesla’s move away from charging freaks companies out and Aston Martin makes more promises. In MISCELLANEOUS NEWS, Johnson & Johnson wants to make a deal, OnlyFans faces investigation and UK house prices fall. AND FINALLY, I bring you what looks like a very satisfying beverage…

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In BIG PICTURE NEWS, Biden looks to loosen marijuana rules, the EU exits recession and investigates greenwashing, food importers brace for cost increases, council funding looms large, a lithium miner eyes Durham and cocoa prices drop suddenly. In RETAIL, CONSUMER GOODS & RESTAURANTS NEWS, Amazon sees sales surge, Adidas sees profits boom, Puig goes for a chunky IPO valuation, fast-food giants acknowledge price-strapped customers and Starbucks undershoots expectations. In CARS NEWS, Musk fires his entire supercharger team and a major vehicle-carrier warns of a new wave of car imports. In MISCELLANEOUS NEWS, eight newspapers sue OpenAI and Microsoft, Huawei takes Apple market share, Binance’s CZ gets a four month sentence and UK mortgage approvals rise. AND FINALLY,I bring you an amazing bike stunt…

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In MACRO, BUSINESS & CONSUMER TRENDS NEWS, China’s factory activity increases, German inflation remains stubbornly high, Scotland’s in a kerfuffle, ad jobs are hit by spending cuts, Getir goes back there and non-food shop prices fall. In TECH & MEDIA NEWS, Apple poaches Google staff, the FT signs a deal with OpenAI and Meta faces EU investigation. In RETAIL & LEISURE NEWS, Frasers Group hoovers up MatchesFashion assets, Vinted gets minted and McDonald’s doubles down on China. In MISCELLANEOUS NEWS, Tesla gets a China boost, Ford faces safety issues, house sales rise, rents hit new highs and WeWork comes up with a way to shut out Neumann. AND FINALLY, I bring you an example of making the moment count…

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In AUTOMOTIVE NEWS, European makers embrace Chinese tech, Musk makes a pit stop in China, the EU ponders car tariffs on Chinese car imports, luxury cars succumb to a weakness and car insurance rises. In CONSUMER TRENDS NEWS, the cost-of-living crisis hits leisure spending, job vacancies fall, business travel returns and Gucci suffers from fakery. In IPO AND M&A NEWS, CVC shares jump on debut and Darktrace gets taken out. In MISCELLANEOUS NEWS, new aeroplanes pile up, cheap solar boosts desalination and Pedro Sanchez makes a big decision. AND FINALLY, I bring you the right way to drink an espresso…

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In MACRO, MARKETS & MINING NEWS, Biden takes a hit, the Bank of Japan keeps interest rates unchanged, markets drop on US disappointment and we take a closer look at the BHP deal. In TECH NEWS, the US pushes for more China chip bans, Intel disappoints, Microsoft benefits from its AI push, Alphabet breaks $2tn, Musk’s xAI gets a Sequoia boost and LG Electronics’ profits rebound. In EV NEWS, Stellantis moans about EV quotas, global battery production rises (but not fast enough), South Korea warns of China’s EV supply chain dominance and Toyota puts big money into its Indiana facility. In MISCELLANEOUS NEWS, luxury is looking good as Hermès puts in a solid performance, WH Smith expects a busy summer, consumer confidence rises, Canary Wharf Group suffers and we look at the effect of the decision on non-compete clauses. AND FINALLY, I bring you an example of Finnish bus driving…

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In MACRO, MINING & ENERGY NEWS, Spain’s PM considers resignation, Indonesia raises interest rates, BHP suggests a takeover of Anglo American and the UK generates a record low proportion of fossil fuel-generated electricity. In TECH NEWS, China searches for its own ChatGPT, the EU investigates Nuctech, the CMA looks into Big Tech’s AI deals, call centre days look numbered, Meta’s shares fall on AI spending concerns and IBM buys HashiCorp. In LUXURY & CONSUMER GOODS NEWS, Moncler and Prada put in decent performances, Burberry looks increasingly like a takeover target and Reckitt Benckiser shines. In MISCELLANEOUS NEWS, Suez trade drops sharply, car production falls, Lloyds Bank takes a hit to profits and Boeing burns through cash. AND FINALLY, I bring you some very clever videos…

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In MACRO & COMMODITIES NEWS, the US Senate passes a $95bn aid bill, the Bank of England’s chief economist sounds cautious, UK borrowing is higher than expectations, we look at UK election timing options, Ithaca buys Eni assets, De Beers’ output falls, farmers expand cocoa planting and Tianqi Lithium warns of losses. In EMPLOYMENT, CONSUMER & RETAIL NEWS, the US regulator bans non-compete clauses, UK grocery prices slow down, Asda sees a fall in sales, JD Sports expands in the US, ABF gets upbeat and Kering gets downbeat. In CAR NEWS, GM raises its profit outlook and Tesla doubles down on affordable EVs. In MISCELLANEOUS NEWS, Congress approves a ban on TikTok, Spotify’s profits boom, Mattel falls short and Sunak champions investing in defence. AND FINALLY, I bring you a really expensive way to chop carrots…

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In MARKETS & M&A NEWS, the FTSE hits a record high, investors start pricing in a US rate increase, the FTC attempts to scupper a deal and City advisers rake in the Nationwide fees. In TECH NEWS, TikTok faces pressure on both sides of the Atlantic while Chinese tech workers get hit by the “curse of 35”. In CAR NEWS, Tesla continues to suffer as EU sales slide. In MISCELLANEOUS NEWS,consulting firms continue to streamline, the Bank of England warns about shadow banking, Revolut keeps pushing, Thames Water wants bills to go higher and Orkney looks to power cruise ships. AND FINALLY,I ask whether you can pass the “old man” test🤣…

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In AUTOMOTIVE NEWS, we see that an EV glut could cause problems, Tesla has a tough time and Nissan cuts profit estimates. In AI NEWS, the US seeks an alliance with Abu Dhabi and commodities traders use AI to get an edge. In CONSUMER & REAL ESTATE NEWS, UK households cut spending the most and asking prices in the UK approach record highs. In MISCELLANEOUS NEWS, Chinese flying taxis take off and the Resolution Foundation says that higher interest rates could hold back the green energy transition. AND FINALLY, I show you what sort of apartment you could get in New York City for a mere $54.6m…

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In MACRO & COMMODITIES NEWS, Iran takes action, Sunak faces a big test and there’s bad news for chocolate fans. In TECH & MEDIA NEWS, Google streamlines and Meta unveils a new model while Big Tech seeks AI monetisation, TSMC considers charging more for certain chips and Netflix benefits from the password crackdown. In CAR-RELATED NEWS, EV sales in Germany crater and UK car insurance prices fall. In MISCELLANEOUS NEWS, LVMH has impressive export stats, Thames Water woes continue and Brevan Howard makes deep cuts while Citadel doubles its office space. AND FINALLY, I show you how astronauts drink coffee…

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In MACRO & BUSINESS TRENDS NEWS, the Israeli public is split on how to respond, the Vix soars, China relies on manufacturing as a saviour and Bailey banks on a “strong drop” next month. In TECH & MEDIA NEWS,ASML forecasts a chip rebound, we look at how AI’s growth will impact the global supply of electricity, how OpenAI’s model matches doctors and the current state of investigations into TikTok. In RETAIL & LEISURE NEWS, Amazon has a secret operation, Asos tries to fend off a Shein onslaught and Saga seeks support. In MISCELLANEOUS NEWS, Tesla pushes for change, VW aims to lower EV costs, Prologis warns of a slowdown and UK rental costs rise. AND FINALLY, I bring you a great trick to keep your brown sugar moist…

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In MACRO & COMMODITIES NEWS, US inflation remains stubborn, the IMF sticks the boot into the UK again, Hunt it hopeful about tax cuts and Bailey is hopeful about interest rate cuts while wage growth slows and unemployment rises. We also look at Israel’s potential next moves. In RETAIL & LEISURE NEWS, LVMH is held back, B&M powers on, DM’s chief departs, Superdry limps on and TGI Fridays’ aims for a London listing. In FINANCIALS NEWS, loan growth at US banks stalls while Morgan Stanley is bullish on M&A. In MISCELLANEOUS NEWS, AI investment continues and Tesla disappoints with Cybertruck delays. AND FINALLY, I bring you a fancy way of picking up a bottle…

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In MACRO, MARKETS & COMMODITIES NEWS, Iran forces action, US stocks have a wobble, China’s GDP growth jumps, oil stays calm but metals prices rise. In TECH & MEDIA NEWS, Samsung boosts US chipmaking, we look at AI development, Apple loses its top spot and Trump Media takes a tumble. In CAR-RELATED NEWS, hybrids trounce EVs, Tesla announces a 10% headcount reduction, Britishvolt’s former site looks like it’s set for a data centre future and Inchcape sells up. In MISCELLANEOUS NEWS, Goldman does what it does best, CVC goes Dutch and Page Group suffers. AND FINALLY, I introduce you to the best camping buddy…

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In MACRO, OIL & MARKETS NEWS, Biden reacts to Iran dialling things up, the oil price implies that the situation isn’t expected to escalate, Shell’s latest threat could have major consequences and China’s capital markets slow down. In BUSINESS & CONSUMER TRENDS NEWS, Serbia buys French fighter jets, Asahi moves towards non-alcoholic beverages, Jaguar becomes the latest carmaker to rein in EV eagerness, weather damage claims hit a new high, rents halve and drivers face price rises. In LEGAL NEWS, the UK rethinks AI legislation and legal changes could threaten David vs Goliath actions. In MISCELLANEOUS NEWS, CVC and Zopa consider respective IPOs and we see just how rubbish the Bank of England has been. AND FINALLY, I show you how to backflip…

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In MACRO & ENERGY NEWS, China’s inflation weakens but strong inflation hits US and UK election prospects, the ECB sticks, Vietnam condemns a fraudster to death, UK energy imports are set for a new high, western countries facilitate Russian LNG exports and 💩 fuel is set to power planes. In TECH & MEDIA NEWS, there’s a piece missing in the US chip puzzle, the CMA is concerned about AI, Taylor Swift returns to TikTok, Spotify plans new tools and Instagram makes some safeguarding efforts. In BUSINESS & CONSUMER TRENDS NEWS,drugmakers seek out China alternatives, UK job vacancies rise and mortgage demand returns to growth. In M&A NEWS, BP gets targeted, Fortress buys Poundstretcher and Lok’nStore recommends a takeover. AND FINALLY, I bring you some cool gadgets you never realised you needed…

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In MACRO & REGULATION NEWS, US inflation rises unexpectedly, China gets downgraded, the IMF warns about trade wars, the FCA proposed ditching MiFID rules and watered-down Basel III rules could be good news for US banks. In EMPLOYMENT & BUSINESS TRENDS NEWS, McKinsey makes more cuts, Lloyds Bank decides to cut risk staff and UK SMEs lack confidence. In CAR NEWS,VW sees EV sales drop and Aston Martin commits to petrol. In MISCELLANEOUS NEWS, new AI models launch but risk controls struggle to keep up, Tesco triples profits, Revolution Bars still chases funding, Blackstone splashes out in New Bond Street and UK estate agents report a continued rise in demand. AND FINALLY, I bring you a pet peeve of mine…

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In BIG PICTURE NEWS, China and Russia get closer, the EU investigates Chinese wind turbines and BP gets downbeat but drilling is set to start at a big North Sea oil field. In CAR NEWS, Chinese vehicle sales rise but Chinese EV imports pile up at European ports and GM tries again with Cruise. In TECH NEWS,OpenAI and Meta prepare new AI models while Klarna puts AI over people. In MISCELLANEOUS NEWS, Frasers and Next circle the carcass of Ted Baker, Stonegate struggles and HSBC sells its Argentina business. AND FINALLY, I bring you a talented axe-man…

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In MACRO & COMMODITIES NEWS, Jamie Dimon warns of global economic risks, German factory production expands, gold hits a record high, Shell threatens to head across The Pond and Vitol puts in another strong performance. In RETAIL & BEAUTY NEWS, UK retail sales growth picks up, we look at John Lewis’s new boss, Ted Baker closes stores and Puig eyes an IPO. In TECH NEWS,TSMC plans to make chips in the US and Microsoft invests in AI in London. In MISCELLANEOUS NEWS, European defence firms warn about over-reliance on Chinese cotton, Tesla settles an Autopilot lawsuit, Lotus promises to make more cars and mortgage costs calm down. AND FINALLY, I bring you the beginning of McDonald’s…

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In MACRO NEWS, Biden gets shirty with China, Aukus may get a new member and the UK looks like it’s out of recession. In BUSINESS, EMPLOYMENT & CONSUMER TRENDS NEWS, recruitment and starting pay growth lose momentum, flexible working rules take criticism, calls for City law firms to ease off increase, McKinsey’s job cuts signal a change, investment banks want more freedom to sack staff in France and an increase in student numbers presents future challenges while consumers continue to face a number of challenges. In RETAIL & LEISURE NEWS, retail insolvencies boom, London hopes to bask in Paris’s moment, staycations come off the boil and consumers seek out “immersive hospitality”. In MISCELLANEOUS NEWS, the National Grid is criticised for not doing enough to store power, a superfund is set to launch that will back fast-growing companies and China’s property crisis could prove to be problematic for the City. AND FINALLY, I bring you a chirpy lad showing you how to do a ridiculously hard exercise…

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In TMT NEWS, LG is downbeat, Samsung is upbeat, a Chinese robot maker is determined, the music industry pushes back against AI, Google’s move to charge for AI power could bring cheer for rivals, X dishes out the blue ticks, Disney wants a password crackdown and Vodafone/Three faces scrutiny. In REAL ESTATE NEWS, European house prices fall, the UK housing market perks up and Kering buys its Saint Laurent store in Milan. In CONSUMER & RETAIL TRENDS NEWS, UK wage growth slows, retailers suffer and Amazon sellers face a rise in scam returns. In MISCELLANEOUS NEWS, EV demand continues to wane, Ford delays EV launches, JP Morgan moves into advertising and Alaska Air gets some compensation from Boeing. AND FINALLY, I bring you a fun dad…

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In MACRO NEWS, US inflation stays high and might delay our interest rate cuts (which might dent Sunak’s bid for re-election), Eurozone inflation falls and more Baltimore repercussions emerge. In MEDIA NEWS, Bob beats Nelson, Paramount enters exclusive talks with Skydance and Spotify looks to raise prices again. In CAR NEWS, Tesla looks for gigafactory sites in India and Ford EV sales surge while Fisker’s troubles worsen. In MISCELLANEOUS NEWS, Google considers charging for AI, the Taiwan earthquake underlines the need for diversification, the EU investigates Chinese solar manufacturers, the beauty industry slows down and Morgan Stanley decides to stay in Canary Wharf. AND FINALLY, I thought I’d bring you some very fancy potatoes…

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In MACRO, ENERGY & BUSINESS TRENDS NEWS, inflation in Germany falls, EU gas storage hits new highs, the Bank of England’s forecasting gets an overhaul and UK manufacturing turns around. In CAR NEWS, Tesla disappoints, Xiaomi still has room, used EV prices fall and car manufacturers face an uncomfortable scenario. In RETAIL & LEISURE NEWS, Amazon pulls back on tech, Superdry goes terminal, Waitrose cuts prices again and shares in Revolution Bars get suspended. In MISCELLANEOUS NEWS, Deloitte reverses the office trend, house prices and mortgage approvals rise, Home Depot goes shopping, BC Partners offloads and Microsoft sells Teams separately. AND FINALLY, I thought I’d bring you some gym inspo…

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In MACRO, ENERGY & COMMODITIES NEWS, another Trump/Biden race looks likely to create more uncertainty, Turkey’s Erdogan takes a hit, solar panels get used as fences and coffee prices rise. In TECH & MEDIA NEWS, the US and UK agree on AI safety, Reddit has a whinge, Truth Social plummets, Disney faces ructions and Liberty Media looks to MotoGP’s future. In CONSUMER & RETAIL NEWS, UK shop inflation drops, Shein shines, retailers suffer but Oxford Street prospers and Frasers does nepotism. In MISCELLANEOUS NEWS, BYD’s sales boom, Xiaomi’s shares jump and we look at what’s next for weight-loss drugs. AND FINALLY, I thought I’d bring you some key broccoli knowledge…

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In BIG PICTURE NEWS, the yen hits a new low, more weakness is predicted for Germany and we look at the ongoing effects of the Baltimore bridge disaster. In M&A NEWS, we see that the number of big deals doubles in Q1, F1 is close to buying MotoGP, Citizen M looks to sell, the DS Smith race heats up and the Bank of England gets concerned about what’s next for PE firms. In CAR NEWS, CATL dismisses the imminence of solid state, Chinese EVs are set to storm Europe, Fisker cuts prices, UK car production rises again but there are problems with exports to Canada. In MISCELLANEOUS NEWS, Amazon puts more money into Anthropic, more companies look to AI to streamline supply chains, confidence returns to the UK property market, Morrisons posts strong sales growth and consumers search for affordable Easter eggs. AND FINALLY, I thought I’d bring you some inspirational sporting moments…

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In BIG PICTURE NEWS, US business in China stalls, the Bridge collapse sends shockwaves, Larry warns of a retirement crisis, the French budget deficit is worse than expected, the UK outlook improves and worries increase over China cornering the copper market. In MEDIA NEWS, Truth Social booms on debut, Twitter usage drops markedly and finfluencers are warned. In CONSUMER, RETAIL & LEISURE NEWS, we look at the fortunes of the US and UK consumer, Amazon’s hopes for an anti-obesity drug boost, Asos’s ongoing nightmare, 888 changing its name and Flutter looking to triple its US profits. In MISCELLANEOUS NEWS, BYD misses profit forecasts, Tesla pushes “full self-driving”, Bellway is surprised on the upside and DS Smith is hot property. AND FINALLY, I thought I’d bring you some great misheard lyrics…

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In BIG PICTURE NEWS, Balkan leaders talk conscription, the US and UK accuse China of cyber attacks, British energy imports hit a new high, cocoa prices overtake those of copper and bitcoin’s rise wakes VCs up. In RETAIL & LEISURE NEWS, UK retail sales stabilise, Kingfisher sees a DIY slowdown, Merlin Entertainment looks to surge pricing and Revolution Bars is set to close 25% of its venues. In CAR-RELATED NEWS, CATL presses on with US efforts, Nissan looks to spread the cost of EVs and Fisker’s nightmare continues. In MISCELLANEOUS NEWS, the EU takes on Big Tech under the new law, Boeing’s chief bites the bullet, Novo Nordisk makes an acquisition and Canva buys Affinity to target pro designers. AND FINALLY, I bring you an exciting new baking innovation…

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In MACRO NEWS, the US and Japan get very cosy and KPMG predicts 3% interest rates. In INVESTMENT-RELATED NEWS, US investment funds pull big money out of ESG funds, green investment trusts suffer, tech founders sell shares and bitcoin fund inflows dry up. In BUSINESS TRENDS NEWS, China bans chips from Intel and AMD, China’s ecommerce players succeed in South Korea and the aviation industry is in full flight. In MISCELLANEOUS NEWS, a Chinese EV battery maker mulls a site in the UK, Ferrari doubles sales in Taiwan and two PE firms gang up to buy into pet food. AND FINALLY, I bring you a bullet train fact…

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In MACRO NEWS, the Bank of England leaves interest rates unchanged, government borrowing is higher than expected, Turkey hikes rates and Milei gets his chainsaw out. In TMT NEWS, Apple faces an antitrust case, Reddit booms on its debut, Warner Bros Discovery launches Max in Europe and Three has a ‘mare. In FINANCIALS NEWS, Nationwide agrees to take over Virgin Money, Direct Line plans to cut costs and M&G rebounds. In MISCELLANEOUS NEWS, consumer confidence stalls, Next triumphs, Gatwick profits are up, Samsonite considers a secondary listing, private sector activity shows steady growth and Accenture cuts revenue forecasts. AND FINALLY, I bring you a really fun clock…

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In MACRO, BUSINESS & EMPLOYMENT TRENDS NEWS, the Fed sticks to its rate cut plans, Vietnam is in turmoil, the weight-loss drug trend could be big in China and Gen-Z rage-quitting rises. In TECH NEWS, Intel gets money from the US government, Microsoft hires a co-founder of DeepMind and Google gets a fine from the French. In DEALS NEWS, Reddit prices its IPO at the top end while Apollo offers $11bn for Paramount’s Hollywood studio. In MISCELLANEOUS NEWS, Boeing reports cash burn, Temu’s owner is sitting pretty, Prudential profits rise and UK rents see their biggest ever annual increase. AND FINALLY, I bring you some of my favourite videos on Throwback Thursday…

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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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In MACRO & ENERGY-RELATED NEWS, the Bank of Japan goes crazy, China’s industrial production rises, the Eurozone’s trade surplus hits a record high and the world’s biggest solar panel maker announces deep cuts. In REAL ESTATE NEWS, Evergrande faces accusations, British Land sells half of its stake in Meta’s abandoned office block and L&G decides to exit the property market. In TECH NEWS, Nvidia’s got a kick-🍑ss new chip and Google is in talks with Apple about chatbots. In MISCELLANEOUS NEWS, Ford’s in trouble, Nissan-Honda doesn’t look convincing, Fisker pauses production, UK wages grow, Reckitt’s in a pickle and potential suitors abandon Currys while Deloitte launches a major overhaul and PE firms invest in pro services. AND FINALLY, I bring you a heart-warming moment…

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In MACRO NEWS, Putin wins, Wilders is in a pickle and the Bank of England is likely to keep rates unchanged In BUSINESS TRENDS NEWS, recession fears recede, pubs and bars close and ITV announces more cuts. In CAR NEWS, CATL posts solid earnings while Honda and Nissan announce an EV tie-up. In MISCELLANEOUS NEWS, UK house prices rise, Nespresso aims to roll out cafés, Knoops targets expansion and Voicify is in hot water. AND FINALLY, I bring you a potentially problematic strongman event…

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In MEDIA & TECH NEWS, the TikTok drama continues, Reliance buys out Paramount and the government’s AI ambitions look questionable. In RETAIL NEWS, John Lewis decides to focus on retail (finally!) while US retail bounces back. In PHARMACEUTICALS NEWS, Wegovy helps Denmark avoid recession and AstraZeneca boosts its pipeline with an acquisition. In MISCELLANEOUS NEWS, Biden doles out a hefty lithium loan, Hapag-Lloyd expects an earnings hit, the IEA adjusts its forecasts, Vistry defies the downturn and Deliveroo expects higher earnings. AND FINALLY, I bring you some kitchen essentials…

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In BUSINESS & EMPLOYMENT TRENDS, US solar players suffer Chinese competition and Japanese workers get a hefty pay rise. In RETAIL & CONSUMER GOODS NEWS, Dollar Tree shuts stores, Inditex invests and Adidas has its first loss in 30 years. In TECH NEWS, we look at what’s next for TikTok and Arm designs a chip for self-driving cars. In MISCELLANEOUS NEWS, Fisker looks dodgy, UK estate agents perk up, Moody’s decides to leave Canary Wharf, Eli Lilly does a distribution deal with Amazon and Metro Bank increases job cuts. AND FINALLY, I bring you a pretty amazing basketball referee…

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In MACRO, ENERGY & OIL NEWS, US inflation surprises, the UK shows signs of puling out of recession, nuke fusion gets closer and OPEC raises 2024 economic forecasts. In CONSUMER, RETAIL & LEISURE-RELATED NEWS, household bills are set to rise, mortgage arears hit a new high, Morrisons suffers and Cathay Pacific posts its first profit since the pandemic. In CAR NEWS, Porsche moans about EV development impact, Mercedes-Benz welcomes China competition and we consider Xiaomi’s move into EVs. In MISCELLANEOUS NEWS, Apple bows to Brussels, Lego beats rivals, we mull a UK TikTok ban and vets face investigation. AND FINALLY, I bring you some cappuccino etiquette…

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In MACRO, ENERGY & CRYPTO NEWS, Japan avoids recession, the UK’s inflation basket changes, EQT creates an integrated gas group and the FCA lifts a ban on crypto-backed securities. In TECH & MEDIA NEWS, a Singapore chipmaking start-up opts for Italy, Apple is to open a store in Shanghai, Reddit aims high, Telegram nears profitability and the TikTok debate gets more heated. In CAR NEWS, BYD hits problems overseas and Xiaomi does what Apple couldn’t. In MISCELLANEOUS NEWS, PE firms are left wearing a lot of assets, Superdry has more financing talks and Elliott walks away from Currys. AND FINALLY, I bring you a bit of Cirque du Soleil…

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In MACRO, OIL & ENERGY NEWS, Biden’s economic rating ebbs away, Saudi Aramco pays up despite oil price weakness, cheap power deals are on offer in the UK but the SMR decision has been postponed. In BUSINESS & EMPLOYMENT TRENDS NEWS, China goes lukewarm on Apple and Tesla, Russia stands to benefit from the Red Sea problems, New York vacant office space exceeds that in London and a slowing UK jobs market puts pressure on the Bank. In FINANCIALS NEWS, hedge funds threaten an Indian withdrawal, Abrdn has a ‘mare and EY staff get frustrated. In MISCELLANEOUS NEWS, CATL booms, Nintendo plans another movie and we look at how fashion retailers can fend Shein off. AND FINALLY, I bring you a ridiculous sandwich…

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In BIG PICTURE NEWS, the ECB looks at a June rate cut, Hunt takes £200m from councils, Chinese trade is boosted by Russia, Washington pushes for more China restrictions, Apple faces an EU probe, AI’s predicted to suck energy and UK wage expectations calm. In M&A NEWS, Nationwide buys Virgin Money, Mondi bids for DS Smith and Warner chases Believe. In MISCELLANEOUS NEWS, Rivian unveils new EVs, Rentokil revenues jump, Aviva’s profits rise, Darktrace strengthens but ITV has a ‘mare. AND FINALLY, I bring you sunglasses that are made out of jeans!

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In MACRO & ENERGY NEWS, we take a look at the Budget, what China’s doing to spark the economy and the UK’s record support for renewables. In TECH & MEDIA NEWS, Worldcoin meets resistance, OpenAI counterpunches Musk, Meta and Google get a Temu boost and JD.com posts solid earnings. In CAR NEWS, BYD cuts prices and Apple’s not the only one abandoning driverless. In MISCELLANEOUS NEWS, UK construction activity stabilises, Capita falls into the red and Legal & General makes tough choices. AND FINALLY, I show you how to build a house 👍

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In MACRO & CRYPTO NEWS, China announces an “ambitious” growth target and we take a look at six US swing states, prospects for Hunt’s budget, the end of recession and crypto reaching new highs. In FINANCIALS NEWS, the IMF warns of US bank failures, Monzo gets its $5bn valuation and M&A shows signs of a turnaround. In RETAIL & LEISURE NEWS, Target aims for a turnaround, M&S outpaces the Germans and Greggs puts in a great performance while Starbucks suffers. In MISCELLANEOUS NEWS, Apple faces long-term pressure, Sony and Nintendo look like they’ll have the field to themselves, Facebook and Instagram have outages, Tesla firefights, UK cars sales hit new highs, Eli Lilly ups capacity, IWG benefits from WFH and London rent rises slow down. AND FINALLY, I bring you some interesting tones!

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In MACRO, BUSINESS TRENDS & COMMODITIES NEWS, Trump gets momentum and US defence companies lag Europeans while iron ore and pork prices fall. In CAR-RELATED NEWS, the Chinese EVs are coming, Tata wants to split out its car business and the UK’s used-car market shows signs of rebounding. In TECH NEWS, Apple gets a big fine, China tries to help smaller AI players and Twitter’s ex-boss sues Musk. In MISCELLANEOUS NEWS, Hipgnosis slashes the value of its portfolio, Clarkson delivers and there’s more evidence of a retail sales slowdown. AND FINALLY, I bring you flat croissants…

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