Category: Protected – Watson’s Daily

Monday's daily news

Monday 31/10/22 🎃

Posted on | by Peter Watson | Leave a Comment on Monday 31/10/22 🎃

In MACRO & ENERGY NEWS, Lula wins in Brazil, Russia changes the rules on grain and energy companies in the UK get a boost. In TECH NEWS, Google faces a game-changing court case, the pressure on Meta intensifies, Twitter plans big job cuts, Foxconn employees flee and it's a mixed bag for the Indian gaming scene. In CONSUMER TRENDS NEWS, European consumers cut back and UK property demand in the south-east falls. In BANKS NEWS, HSBC's green credentials come into question, BA's owner sniffs around easyJet and Russian car makers try to resurrect production. AND FINALLY, I bring you a potentially risky Halloween trick...

 

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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!

 

Friday's daily news

Friday 28/10/22

Posted on | by Peter Watson | Leave a Comment on Friday 28/10/22

In MACRO & OIL NEWS, US exports drive growth, the ECB doubles interest rates, Sunak ponders tax rises and Shell is about to get raided. In TECH NEWS, Intel and ST Micro get gloomy, Foxconn suffers from lockdown impact, Apple posts record revenues but Big Tech generally dives as Meta and Amazon have a shocker and Musk buys Twitter while Shopify booms and TikTok aims to launch gaming. In CONSUMER TRENDS NEWS, we're spending money on rent, efficiency gadgets and Unilever's products, but not spending on Sky subscriptions or Made.com furniture. In BANKS NEWS, Credit Suisse undergoes major surgery and Lloyds paints a bleak picture. AND FINALLY, I bring you the new Dalgona...

 

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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!

 

Thursday's daily news

Thursday 27/10/22

Posted on | by Peter Watson | Leave a Comment on Thursday 27/10/22

In MACRO, OIL & ENERGY NEWS, we see a calming of UK finances, a delay for the Budget and the impact, Sunak reinstating the fracking ban, oil companies making a ton of money and BASF downsizing in Europe because of energy costs. In BANKS NEWS, European banks' bumper quarter raises windfall possibilities, Barclays beats forecasts, Standard Charted takes a China hit and Santander frets about loans. In TECH NEWS, Apple causes a kerfuffle and Meta's share price takes a beating. In MISCELLANEOUS NEWS, US mortgage rates hit their highest level since 2021, TV ads look vulnerable while WPP exudes confidence, EV exports from the UK rise and Mercedes-Benz pulls out of Russia. AND FINALLY, I bring you a questionable pasta recipe from Nigella and a KitKat futon...

 

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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!

 

Wednesday's daily news

Wednesday 26/10/22

Posted on | by Peter Watson | Leave a Comment on Wednesday 26/10/22

In MACRO, MARKETS & COMMODITIES NEWS, Sunak names his team, Europe looks to punish Hungary and Poland, the DAX is about to lose its biggest constituent, West Texas gas falls below zero and a lithium miner merges with a SPAC. In TECH NEWS, Google and Micosoft have a 'mare. In CONSUMER/CONSUMER GOODS NEWS, food price rises hit hard, Made.com is close to failure, Coca-Cola fizzes and Adidas cuts Ye. In BANKS NEWS, UBS profits slide and HSBC makes a ton. AND FINALLY, I bring you the Michelin-starred way of chopping an onion...

 

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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!

 

Tuesday's daily news

Tuesday 25/10/22

Posted on | by Peter Watson | Leave a Comment on Tuesday 25/10/22

In MACRO & ENERGY NEWS, Sunak gets the job, China wobbles markets and gas prices fall. In BUSINESS TRENDS NEWS, UK profit warnings rise, lawyers get ready and UK hospitality faces tough times but supply chains ease. In TECH NEWS, the FCA show interest in Big Tech fintech, YMTC boots out US staff and Philips sharpens the axe. In MISCELLANEOUS NEWS, consumers revert to "austerity shopping", Apple hikes subscriptions prices, Tesla cuts prices in China and the Asos/Frasers combo could cause friction. AND FINALLY, I bring you the "breakfast of Asian champions"...

 

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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!

 

Monday's daily news

Monday 24/10/22

Posted on | by Peter Watson | Leave a Comment on Monday 24/10/22

In MACRO & ENERGY NEWS, President Xi confirms a third term, the race for UK PM hots up, Italy's commitment to Europe will be tested, Paris turns down the lights and offshore wind companies chase Asian business. In CONSUMER TRENDS & RETAIL NEWS, transatlantic travel rises while UK consumer spending falls, wine prices are set to rise, first-timer mortgages are withdrawn and companies try to help as Morrisons goes sale-and-leaseback and Frasers buys into Asos. In TECH NEWS, it's a big week for Big Tech but Apple is expected to improve profit growth. AND FINALLY, I bring you some incredible Korean street food (that involves Spam!)...

 

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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!

 

Friday's daily news

Friday 21/10/22

Posted on | by Peter Watson | Leave a Comment on Friday 21/10/22

In MACRO & CURRENCY NEWS, we look at the Truss aftermath, prospects for UK interest rates and the dollar/yen rate's new lows. In EV & ELON MUSK NEWS, Arrival moves to the US and Tesla has a tough time while Musk is "planning to fire" 75% of Twitter's workers and get closer to the Pentagon with SpaceX. In CONSUMER & REAL ESTATE RELATED NEWS, US travel demand remains strong, Hermès gets powered by the wealthy, UK consumer confidence stays low, rents hit record highs, Travis Perkins slows, Dunelm grasps at straws and Segro benefits from warehouse demand. In MISCELLANEOUS NEWS, we look at the incoming ad tide, Snap's weakness, Zara moving into re-sale, Blackstone's profit hit and UK fund manager fortunes. AND FINALLY, I bring you a list of things that lasted longer than Liz Truss did in office...

 

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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!

 

Thursday's daily news

Thursday 20/10/22

Posted on | by Peter Watson | Leave a Comment on Thursday 20/10/22

In MACROECONOMIC NEWS, UK inflation hit a new high, the Bank of England puts the boot in and Truss's future gets shakier by the minute. In CONSUMER & RETAIL NEWS, falling consumer spending hits leisure and tourism, JustEat, P&G and Nestle while Netflix bounces on a cheaper option and rail travellers escape a massive fare hike. In retail, Amazon does insurance, Asos suffers and the high street braces for higher business rates. In FINANCIALS NEWS, bank profits are set to boom but Man Group sees big outflows. In INDIVIDUAL COMPANY NEWS, Tesla disappoints, Uber looks at ads and Tencent does buybacks. AND FINALLY, I bring you canteen food and an interesting fact about KitKats...

 

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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!

 

Wednesday's daily news

Wednesday 19/10/22

Posted on | by Peter Watson | Leave a Comment on Wednesday 19/10/22

In MACRO & ENERGY NEWS, Jeremy Hunt targets banks, Truss faces more humiliation, Macron is trying to stave off humiliation, French utilities warn of a dark winter and the EU tries to address the energy problem. In CAR-RELATED NEWS, Foxconn's car ambitions deepen, Rolls-Royce's first 100% electric vehicle is unveiled, Shell gives up on hydrogen for cars and Lookers forecasts bumper profits. In TECH NEWS, Apple launches new product, Meta is forced to sell Giphy, Microsoft cuts headcount, Netflix stems the losses and Amazon's workers reject unionisation. In REAL ESTATE & FINANCIALS NEWS, real estate investors eye bargains, Bellway expects poor sales, Goldman Sachs de-emphasises retail banking and Panmure makes an offer for a rival. AND FINALLY, I bring you an unusual sleeping bag...

 

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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!

 

Tuesday's daily news

Tuesday 18/10/22

Posted on | by Peter Watson | Leave a Comment on Tuesday 18/10/22

In MACRO & ENERGY NEWS, China delays economic data, Trussonomics gets cancelled, Germany extends the life of nukes, BP pushes further into alternatives and Europe is warned of blackouts. In CONSUMER-GOODS & RETAIL NEWS, Eve Sleep jumps into Bensons Beds, Made looks for buyers, P&G spruces up its ads and Asos takes a beating. In TECH NEWS, we look at whether the tech slowdown is temporary or not, Apple holds back in China and Kanye West buys Parler. In MISCELLANEOUS NEWS, Disney threatens France and 25% of younger people are getting priced out of London. AND FINALLY, I bring you a superb Halloween taxi...

 

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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!

 

Monday's daily news

Monday 17/10/22

Posted on | by Peter Watson | Leave a Comment on Monday 17/10/22

In MACROECONOMIC NEWS, Truss faces even more pressure and Goldman Sachs predicts deeper recession in 2023. In FINANCIALS NEWS, City hiring slows, Goldman Sachs plans a major overhaul and Credit Suisse looks to sell assets. In REAL ESTATE NEWS, UK house prices keep rising and first-time buyers are giving up. In INDIVIDUAL COMPANY NEWS, BMW shifts Mini Electric production to China, Britishvolt faces disaster, Asos prompts financial concern and Meta's version of the metaverse falls short. AND FINALLY, I bring you a beer spa...

 

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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!

 

Friday's daily news

Friday 14/10/22

Posted on | by Peter Watson | Leave a Comment on Friday 14/10/22

In MACRO & CRYPTO NEWS, US inflation keeps going, Kwarteng wavers, NFTs tank and a crypto broker makes deep cuts. In CONSUMER, LEISURE & RETAIL NEWS, we look at what consumers are and are not spending their money on, the latest on the jobs market, Ikea's success, Boots' sales, Kroger buying a rival and the potential for UK supermarket consolidation. In TECH HARDWARE NEWS, chip equipment providers swerve China, VW announces a €2.4bn venture, TSMC pulls back and telecom companies are given extra time to de-Huawei themselves. In MISCELLANEOUS NEWS, Apple announces a savings account, Netflix offers an ad-supported option and Goldman Sachs is down on UK commercial property. AND FINALLY, I bring you a controversial Santa...

 

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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!

 

Thursday's daily news

Thursday 13/10/22

Posted on | by Peter Watson | Leave a Comment on Thursday 13/10/22

In MACRO & ENERGY-RELATED NEWS, Liz Truss faces more pressure on the mini-Budget, the Bank of England plays the blame game, UK GDP drops and investors seek windfall tax clarity while some generators look forward to making profits. In REAL ESTATE NEWS, Barratt reports slowing demand for new-builds, RICS warns on mortgages and negative equity looms. In MISCELLANEOUS NEWS, TikTok makes music moves, M&S looks to cut big stores and the job market slows. AND FINALLY, I bring you a tricky flight...

 

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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!

 

Wednesday's daily news

Wednesday 12/10/22

Posted on | by Peter Watson | Leave a Comment on Wednesday 12/10/22

In MACRO & ENERGY NEWS, the IMF is on a downer, the Bank of England reacts, more companies will get the energy bailout and the windfall tax returns while the European wind industry struggles. In CONSUMER & RETAIL NEWS, the UK jobs market falters, real wages fall, petrol prices rise, grocery inflation hits a record high, Britons plan to spend less on hols, Heathrow posts a cautious outlook and Amazon tries to boost sales. In CAR-RELATED NEWS, Merc smashes it in China but Britishvolt continues to go downhill. In INDIVIDUAL COMPANY NEWS, Meta unveils new gadgetry and What3words looks lost. AND FINALLY, I bring you a tourist security hack...

 

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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!

 

Tuesday's daily news

Tuesday 11/10/22

Posted on | by Peter Watson | Leave a Comment on Tuesday 11/10/22

In MACRO NEWS, we look at the latest in UK government U-turns. In CONSUMER & RETAIL NEWS, late mortgage payments rise, households cut spending (but businesses plan to raise pay), retailers see footfall drop, Joules has good and bad news and retailers in America begin sales early. In CONSUMER SPENDING TRENDS, Netflix posts £1.4bn in revenues from UK subscribers, Hollywood Bowl bowls everyone over, Getir comes to the rescue of Gorillas and spending on PCs drops sharply. In INDIVIDUAL COMPANY NEWS, Tesla smashes it in China and DS Smith posts a surprise update. AND FINALLY, I bring you a superb doormat...

 

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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!

 

Monday's daily news

Monday 10/10/22

Posted on | by Peter Watson | Leave a Comment on Monday 10/10/22

In MACRO & CRYPTO NEWS, Janet Yellen criticises OPEC's decision and we see whether the crypto winter is thawing. In REAL ESTATE NEWS, investors continue to withdraw from property funds while residential property prices look increasingly overvalued. In LEISURE NEWS, West End retailers fear slowdown, city restaurants hope for a pick-up and pubs keep closing. In MISCELLANEOUS NEWS, Amazon commits to electrification, Rivian does a major recall, Meta's virtual reality faces actual reality and UK firms try different ways to tackle rising energy costs. AND FINALLY, I bring you Elvis in a pot...

 

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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!

 

Friday's daily news

Friday 07/10/22

Posted on | by Peter Watson | Leave a Comment on Friday 07/10/22

In MACRO, ENERGY & OIL NEWS, the IMF spreads the gloom, the ECB fears prolonged inflation, Belarus has a "unique" approach and the UK faces a tough time while Germany imports more energy, offends EU members and BP Solar launches a big project. The US talks oil with Venezuela but Shell's run slows down. In CONSUMER TRENDS & HIGH STREET NEWS, UK businesses predict more price rises, house sales collapse, UK hiring slows, Hays Travel returns to profit, Pizza Express suffers and M&S offers digital credit. In TECH NEWS, Samsung and AMD get pessimistic, ByteDance sees bigger losses and Twitter faces headwinds. In MISCELLANEOUS NEWS, Porsche > VW, Peloton's woes continue and Vietnam is looking attractive. AND FINALLY, I bring you the trailer for Super Mario Bros and chocolate Jenga...

 

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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!

 

Thursday's daily news

Thursday 06/10/22

Posted on | by Peter Watson | Leave a Comment on Thursday 06/10/22

In MACRO, MARKET TRENDS & CURRENCY NEWS, the White House gets riled by OPEC+, UK market trends don't look too pretty and there could be some real dollar drama in the offing. In CAR NEWS, Vertu talks a good game while EV sales fall due to financing and energy costs. In RETAIL NEWS, Tesco reins in expectations and Halfords gets tyred. In MISCELLANEOUS NEWS, we look at what could be in store for Twitter, WeWork suffers and UK mortgages break 6%. AND FINALLY, I bring you some important advice from a mortgage advisor...

 

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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!

 

Wednesday's daily news

Wednesday 05/10/22

Posted on | by Peter Watson | Leave a Comment on Wednesday 05/10/22

In MACRO TRENDS & OIL NEWS, US job vacancies fall, used car sales weaken, the Bank of England stops bond buying and OPEC+ plan cuts. In TECH NEWS, the Twitter deal's back on, Apple gets some disappointing news and Naver's share price drops sharply. In RETAIL NEWS, H&M is "cautiously positive" on China, Boden gets at US boost and Greggs defies the odds. In MISCELLANEOUS NEWS, UK lenders face potential mortgage pressure, European mortgage costs surge, Geely takes at hand at Aston Martin and PwC chases EY staff. AND FINALLY, I bring you a weirdly satisfying camping video...

 

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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!

 

Tuesday's daily news

Tuesday 04/10/22

Posted on | by Peter Watson | Leave a Comment on Tuesday 04/10/22

In MACRO, OIL & CRYPTO NEWS, we see early signs of an inflation slowdown, Kwarteng and Truss come under the spotlight, BoE bond-buying is not as frenzied as expected, Turkey's inflation hits 83%, oil rises on OPEC+, North Sea gasfield permits are to get fast-tracked and Kim K gets a much-needed slap. In MANUFACTURING & UTILITIES NEWS, European and British manufacturing take a pasting, water companies get penalised and Telecom Plus (aka Utility Warehouse) benefits from the energy crisis. In REAL ESTATE NEWS, UK lenders offer mortgages again and UK property funds rein in withdrawals. In MISCELLANEOUS NEWS, TikTok smashes it in Europe, Vodafone's in talks with Three, AerCap fights with insurers and we see how the film industry could benefit from the strong dollar. AND FINALLY, I bring you a contest between ninja and samurai and a hilariously-named chihuahua...

 

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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!

 

Monday's daily news

Monday 03/10/22

Posted on | by Peter Watson | Leave a Comment on Monday 03/10/22

In MACRO, OIL & ENERGY NEWS, Kwarteng faces the music, Opec+ looks to cut production and Ofgem warns of potential blackouts. In FINANCIALS NEWS, Credit Suisse attracts attention, UK banks are set to make a killing and NatWest raises mortgage rates. In TRANSPORT & EV NEWS, aircraft orders drop, cargo ship owners cancel sailings, Tesla's deliveries rebound and Arrival wants more cash. In MISCELLANEOUS NEWS, US dealmakers hope for strong dollar stimulation, JLR suffers with dollar-denominated debt, TikTok is to launch shopping in the US and beer prices are set to rise. AND FINALLY, I bring you a man who is trying to set a Greggs world record...

 

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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!

 

Friday's daily news

Friday 30/09/22

Posted on | by Peter Watson | Leave a Comment on Friday 30/09/22

In MACRO, MARKETS & BITCOIN NEWS, Germany announces a massive energy aid package, Truss faces more pressure, the FTSE250 hits a new low and a study quantifies bitcoin's hunger for energy. In UK REAL ESTATE NEWS, mortgage madness hits. In RETAIL, CONSUMER GOODS & LEISURE NEWS, Bed Bath & Beyond sees big losses, Peloton starts selling bikes at Dick's Sporting Goods, Nike's inventories jump, H&M and Next get downbeat, Mitchells & Butlers has energy worries and concerts get cancelled. In MISCELLANEOUS NEWS, the Porsche IPO goes OK considering, Arrival delivers its first van, Facebook freezes hiring, SoftBank cuts 20% of London staff and we see why diesel prices are so high. AND FINALLY, I bring you an amusing example of reverse-scamming...

 

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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!

 

Thursday's daily news

Thursday 29/09/22

Posted on | by Peter Watson | Leave a Comment on Thursday 29/09/22

In MACRO, MARKETS & ENERGY NEWS, ECB officials talk about another big rate increase, the Bank of England steps in, Yellen calls for calm, the M&A and IPO drought continues (although Americans could come bargain-hunting), EDF talks nuke extension, floating LNG terminals see a lot of interest, the EU moves to impose a price cap on Russian oil and Total commits. In CONSUMER, RETAIL & BREWING NEWS, Retirees dip into pension pots, Amazon puts hope on Prime Day II, Morrisons takes a hit and Boohoo suffers but Shepherd Neame returns to profit. In CAR-RELATED NEWS, UK carmaker woes continue, Aston Martin can't catch a break, JLR staff get EV training and Britishvolt looks precarious. In INDIVIDUAL COMPANY NEWS, mortgage lenders take heart, home buying power falls and buy-to-let disappears. AND FINALLY, I bring you a mind-boggling optical illusion...

 

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Wednesday's daily news

Wednesday 28/09/22

Posted on | by Peter Watson | Leave a Comment on Wednesday 28/09/22

In MACRO & MINI-BUDGET IMPACT NEWS, China growth falls behind, Nigeria makes a massive interest rate hike and then we look at the impact of the mini-budget on mortgage lenders and the real estate market. In TECH NEWS, Intel introduces a new chip, Grab aims for profit in 2024 and Zepeto ramps up in the metaverse. In ELECTRIC VEHICLE NEWS, Hertz and BP join up in the US for charger rollout and Nio moans about energy in Europe. In INDIVIDUAL COMPANY NEWS, Best Buy and other retailers take anti-theft measures, Serica's profits skyrocket and Biffa accepts a bid. AND FINALLY, I bring you a googly-eyed car and what a panoramic dog looks like...

 

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Tuesday's daily news

Tuesday 27/09/22

Posted on | by Peter Watson | Leave a Comment on Tuesday 27/09/22

In UK MACRO NEWS, we take a look at sterling devastation and why markets hated the mini-budget so much. In GLOBAL MACRO NEWS, the OECD predicts gloom, the Fed warns the UK, Germany's having a 'mare and Italy goes right. In RETAILER NEWS, Aldi commits, Pendragon gets an offer and MusicMagpie plunges. In INDIVIDUAL COMPANY NEWS, Apple goes to India and investors snap up Porsche. AND FINALLY, I bring you a gathering of Nigels (not sure what the correct collective noun is, I'm afraid)...

 

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Monday's daily news

Monday 26/09/22

Posted on | by Peter Watson | Leave a Comment on Monday 26/09/22

In MACRO, ENERGY & CURRENCY NEWS, Kwarteng doubles down, Truss looks at visas while the market digests the impact of last week's announcements, falling gas prices might help and Germany does LNG with UAE. In CONSUMER TRENDS NEWS, pandemic savings disappear and Christmas isn't looking very merry but travel groups prosper. In REAL ESTATE NEWS, sellers keep putting prices up, first-timers are getting scared off and warehouse space is at a premium. AND FINALLY, I bring you British obsessions...

 

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Friday's daily news

Friday 23/09/22

Posted on | by Peter Watson | Leave a Comment on Friday 23/09/22

In MACRO, ENERGY & CURRENCY NEWS, the Bank of England raises rates, Turkey does the opposite (obvs!), we await a mini-Budget, fracking gets flak and Japan steps in on the yen. In TECH NEWS, SoftBank sounds out Samsung on Arm while Ofcom is to investigate cloud computing. In CAR NEWS, Tesla does a recall and Honda cuts production. In INDIVIDUAL COMPANY NEWS, Credit Suisse thinks about splitting itself, Jupiter is considering selling its stake in Starling, FedEx raises shipping rates and CVS benefits from the pandemic pet boom. AND FINALLY, I bring you a warning against making a d!ck move...

 

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Thursday's daily news

Thursday 22/09/22

Posted on | by Peter Watson | Leave a Comment on Thursday 22/09/22

In MACRO & ENERGY NEWS, Putin wages war, the Fed raises rates, the Bank of England looks like it's about to do the same, Uniper gets nationalised and Truss promises businesses big energy price cuts while South Africa has blackouts. In RETAIL NEWS, the UK's Big Four have an Aldi problem and Walmart slows down hiring. In TECH NEWS, Meta cuts headcount, Tencent gets the go-ahead and Schneider Electric buys Aveva. In INDIVIDUAL COMPANY NEWS, EY's revenues boom and BYD comes to the UK. AND FINALLY, I bring you an amazing singer...

 

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Wednesday's daily news

Wednesday 21/09/22

Posted on | by Peter Watson | Leave a Comment on Wednesday 21/09/22

In MACRO & ENERGY NEWS, Truss talks economic policy, Sweden hikes its interest rate, Uniper edges closer to safety, German factories get a massive price shock and taxpayers stump up. In RETAIL & LEISURE NEWS, UK retailers and pubs hold out hopes for the mini-Budget, Fuller's fears bills, Butlin's gets sold back and Tui expects a return to profit while Mike Ashley departs and Gap announces cuts. In CAR-RELATED NEWS, Ford has a setback and Hertz orders a ton of EVs. In MISCELLANEOUS NEWS, it's the end of an era for SPACs, Deloitte wants to hire and BeReal learns from rivals. AND FINALLY, I bring you a butter spreading hack...

 

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Tuesday's daily news

Tuesday 20/09/22

Posted on | by Peter Watson | Leave a Comment on Tuesday 20/09/22

In MACRO, OIL & ENERGY NEWS, the EU continues its push for more powers, Germany's economy faces more difficulty, Norway's oil fund pushes the environment and we see the consequences of weaning off Russian oil and the argument against the energy bill cap. In EMPLOYMENT & CONSUMER TRENDS, US return-to-office rises, the four-day week continues to be popular and there's a worrying BNPL trend. In CAR-RELATED NEWS, Porsche's IPO price range is announced and the pressure to look at hydrogen - rather than just lithium - increases. In INDIVIDUAL COMPANY NEWS, Apple looks to satellites, China Vanke's spin-off tests investor appetite in Hong Kong, investors get warned about FTX and Boden targets America. AND FINALLY, I bring you a ketchup hack...

 

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Monday's daily news

Monday 19/09/22 👑

Posted on | by Peter Watson | Leave a Comment on Monday 19/09/22 👑

In MACRO & ENERGY NEWS, central banks race to tame inflation, high energy prices attract investors, the Big Five energy companies turn away new customers and even talk about windfall taxes. In COST-OF-LIVING & RETAIL NEWS, alt-meat faces challenges, milk becomes more expensive than petrol, restaurants give staff free meals and home goods sellers in the US see a slowdown. In MISCELLANEOUS NEWS, US tech has its longest IPO drought, China pushes robotics and UK commercial property looks vulnerable. AND FINALLY, I bring you the Queen's life in pictures...

 

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Friday's daily news

Friday 16/09/22

Posted on | by Peter Watson | Leave a Comment on Friday 16/09/22

In MACRO & ENERGY NEWS, Russia and China meet, Sweden gets a new PM, Nigeria's inflation hits a new high, Shell's CEO steps down and EDF's problems persist. In FINANCIALS NEWS, Chinese banks cut deposit rates, Corebridge's IPO falls flat, US regulators turn their attention to BNPL and the proposed scrapping of the bonus cap gains momentum. In CONSUMER/RETAIL NEWS, US retail sales come in above expectations and Shein has designs on the US while H&M, THG and John Lewis suffer from consumer belt-tightening. Hilton Foods has a shocker but Wickes manages to insulate itself from the worst. In MISCELLANEOUS NEWS, Adobe goes shopping, FedEx posts a warning, Patreon takes a hit and Patagonia is gifted. AND FINALLY, I bring you a brilliant family story...

 

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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!

 

Thursday's daily news

Thursday 15/09/22

Posted on | by Peter Watson | Leave a Comment on Thursday 15/09/22

In ENERGY, MACRO & REGULATOR NEWS, the EU comes up with an energy plan, the UK gives more details for businesses and UK inflation calms while Google, Meta and Activision face hurdles and Amazon gets sued by California. In REAL ESTATE-RELATED NEWS, UK house price growth doubles but Redrow's the latest developer seeing a slowdown and Dunelm defies doom. In CONSUMER & RETAIL NEWS,food prices surge, Inditex sees strong sales and Naked Wines looks dodgy. In MISCELLANEOUS NEWS, Disney talks app, Netflix predicts ad-subscription potential, Tesla considers battery plans, Zoom tries to broaden its capabilities, Aston Martin hits another speedbump and Kwarteng looks at lifting the City bonus cap. AND FINALLY, I bring you the joys of furikake...

 

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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!

 

Wednesday's daily news

Wednesday 14/09/22

Posted on | by Peter Watson | Leave a Comment on Wednesday 14/09/22

In MACRO & ENERGY NEWS, sterling falls while US inflation stays high, UK businesses face a delay to energy support and Goldman Sachs reckons that European gas prices will halve. In CONSUMER & RETAIL NEWS, UK unemployment hits new lows - but real wages continue to fall - while consumers search out smaller properties, Amazon coughs up while facing more union pressure, Ocado falters, Aldi triumphs and Joules takes a beating. In FINANCIALS NEWS, JP Morgan moans about investment banking fees, UBS doles out the cash and Chinese banks are told to check their exposure to Fosun. In MISCELLANEOUS NEWS, Google faces more lawsuits, we look at whose got the most debt, Fever-Tree's performance under pressure and why some stocks are weathering the inflation storm better than others. AND FINALLY, I bring you what happens when you invite Sia out to a dinner party...

 

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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!

 

Tuesday's daily news

Tuesday 13/09/22

Posted on | by Peter Watson | Leave a Comment on Tuesday 13/09/22

In MACRO NEWS, Xi Jinping sets off to meet Putin, Russia's budget surplus disappears, Indonesia is tempted by cheap Russian oil, the UK economy stagnates, Kwarteng goes for growth, energy regulation faces an overhaul and UK banks face stress tests. In EMPLOYMENT & CONSUMER NEWS, Wall St jobs are in favour again (but Goldman aims to cut hundreds), staff want to stay home, Electrolux has a profit warning and e-car charging gets a boost. In TECH NEWS, the Twitter drama progresses, Insta stumbles and Oracle delights. In INDIVIDUAL COMPANY NEWS, Peloton's chairman stands down, Philips faces sleepless nights and De La Rue needs to up its game. AND FINALLY, I thought I'd leave you with a great Allie Sherlock moment...

 

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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!

 

Monday's daily news

Monday 12/09/22

Posted on | by Peter Watson | Leave a Comment on Monday 12/09/22

In MACRO & ENERGY NEWS, India overtakes the UK and we look at the latest on energy in Europe and the UK. In ELECTRIC VEHICLE NEWS, we look at bottlenecks for EV sales. In MISCELLANEOUS NEWS, agriculture is hit by higher energy costs, Netflix teams up with Ubisoft, Byju causes concern and Gieves & Hawkes sparks interest. AND FINALLY, I bring you a meat vending machine...

 

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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!

 

Friday's daily news

Friday 09/09/22

Posted on | by Peter Watson | Leave a Comment on Friday 09/09/22

In MACRO, ENERGY & OIL NEWS, the ECB jacks up rates, Truss unveils her energy plan and the EU is about to debate Europe's while India and China undermine an oil price cap. In AUTOMOTIVE NEWS, Ford and GM unveil new EVs, Rivian teams up with Mercedes and Cazoo quits Europe. In TECH NEWS, we reflect on Apple's event while Darktrace tanks by over 30%. In MISCELLANEOUS NEWS, we consider the state of container shipping, a new Botox rival, the latest on EY and Deloitte, ABF's profit warning and thoughts from a restauranteur. AND FINALLY, I leave you with some thoughts about what happens next...

 

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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!

 

Thursday's daily news

Thursday 08/09/22

Posted on | by Peter Watson | Leave a Comment on Thursday 08/09/22

In BIG PICTURE NEWS, the US cracks down on tech in China, China's exports drop, we look at the energy latest in Europe while Putin makes more threats, metals suffer, the oil price drops, Repsol sells itself, sterling hits new lows and Celsius' story gets worse. In CONSUMER/RETAIL NEWS, Americans are buying flash cars, UK property shows weakness, Revolut revokes job offers and Amazon slows hiring while in retail, GameStop disappoints, WH Smith takes a hit, Halfords benefits from maintenance and John Lewis identifies an emerging trend. In INDIVIDUAL COMPANY NEWS, Microsoft invests in CloudKitchens, Netflix looks at more ways to save and Cineworld files for bankruptcy.AND FINALLY, I bring you an epic game for train geeks...

 

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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!

 

Wednesday's daily news

Wednesday 07/09/22

Posted on | by Peter Watson | Leave a Comment on Wednesday 07/09/22

In MACRO, COST-OF-LIVING & CURRENCY NEWS, Truss addresses energy, PwC's report warns of a wage hit, Sturgeon moves on rents and evictions and the Yen hits new lows. In CONSTRUCTION & REAL ESTATE NEWS, UK construction activity fell, Berkeley cuts back and the sale of TikTok's office boosts the London market. In INDIVIDUAL COMPANY NEWS, VW hits Porsche resistance, Juul pays out, Travis Kalanick builds another empire and EY closes in on separation. AND FINALLY, I bring you some potato waffle ideas...

 

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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!

 

Tuesday's daily news

Tuesday 06/09/22

Posted on | by Peter Watson | Leave a Comment on Tuesday 06/09/22

In MACRO, ENERGY & OIL NEWS, Truss becomes PM and has a bulging in-tray, utilities companies get panicky, Russia cuts off the pipeline, JP Morgan moves to London, Brussels pushes for more control over corporates and OPEC+ cuts production. In TECH NEWS, Irish regulators crack down on Instagram and Apple aims to double headcount in its digital ad division. In CAR NEWS, VW aims to list Porsche in a big IPO, UK car sales halt their slide but Aston Martin has a discounted rights issue. In MISCELLANEOUS NEWS, consumer spending slows, Vistry merges with Countryside and Deliveroo goes to court again. AND FINALLY, I bring you a hotel with its own beer tap...

 

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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!

 

Monday's daily news

Monday 05/09/22

Posted on | by Peter Watson | Leave a Comment on Monday 05/09/22

In MACRO, BIG PICTURE NEWS, Germany decides to impose a windfall tax on energy companies, the UK tech industry worries about blackouts and we look at how the G7 oil price cap might work while the pound tumbles and has repercussions. In RETAIL NEWS, Bed Bath & Beyond's CFO dies and Matalan goes up for sale. In EV-RELATED NEWS, EVs leave Germany while Coventry's giga bid gets "torpedoed" for now. In MISCELLANEOUS NEWS, Swimply makes use of swimming pools while UK banks get into BNPL. AND FINALLY, I bring you lab-grown kebabs...

 

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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!

 

Friday's daily news

Friday 02/09/22

Posted on | by Peter Watson | Leave a Comment on Friday 02/09/22

In MACRO, CURRENCY & ENERGY-RELATED NEWS, Eurozone jobless hits a new low, sterling flirts with dollar parity, Germans face a wait for energy price relief, "Don't Pay" gathers momentum, Network Rail braces itself and energy companies discuss a solution. In TECH NEWS, Nvidia has China problems, Microsoft/Activision faces scrutiny, Twitter tries to edit and OnlyFans booms. In CONSUMER/CONSUMER GOODS NEWS, hurdles for consumers pile up, Reckitt Benckiser has a 'mare, Campbell Soup raises sales guidance and Pernod Ricard toasts a strong performance. In MISCELLANEOUS NEWS, Credit Suisse aims to cut staff, Polestar makes a big loss and Aussie lithium refiner touts for customers. AND FINALLY, I bring you the reason why milk neutralises spicy heat...

 

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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!

 

Thursday's daily news

Thursday 01/09/22

Posted on | by Peter Watson | Leave a Comment on Thursday 01/09/22

In BIG PICTURE NEWS, Eurozone inflation hits a record high, Japan increases its defence spend, wheat prices get cheaper and oil prices weaken. In COST IMPACT NEWS, rising energy costs hit German production, prompt British factory workers to wear jumpers and cause BrewDog to get downbeat while real earnings continue to fall as John Lewis offers staff free meals. In SOCIAL/MEDIA NEWS, Disney considers a Prime-style option, Netflix wants top dollar for ads and Snap cuts 20% of its staff. In INDIVIDUAL COMPANY NEWS, Klarna's losses quadruple, Toyota invests a ton in batteries, Bed Bath & Beyond tastes reality and Fulham Shore navigates the restaurant minefield. AND FINALLY, I bring you questionable fish & chips and spreadable coffee...

 

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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!

 

Wednesday's daily news

Wednesday 31/08/22

Posted on | by Peter Watson | Leave a Comment on Wednesday 31/08/22

In MACRO, ENERGY & CRYPTO/CURRENCY NEWS, US job vacancies rise, German inflation hits new highs, Goldman says UK inflation could hit 22%, wholesale gas prices fall, Gazprom gets shirty, oil prices weaken, sterling crumbles and NFT demand evaporates. In COST-OF-LIVING NEWS, bars and clubs suffer, banks pull landlord mortgages, TfL warns of fare rises and credit card spending rises. In SOCIAL MEDIA NEWS, rules are thrashed out in the US and we look at the latest Twitter drama. In MISCELLANEOUS NEWS, Ryanair says it'll benefit from recessions and Lurpak's owner spreads joy. AND FINALLY, I bring you the definitive explanation for your washing machine drawer...

 

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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!

 

Tuesday's daily news

Tuesday 30/08/22

Posted on | by Peter Watson | Leave a Comment on Tuesday 30/08/22

In MACRO, ENERGY & CURRENCY NEWS, Russia sees GDP contraction, the UK heads towards recession, Europe unveils energy measures, Shell predicts prolonged energy shortages while businesses forecast a major hit and the Euro gets a kicking. In EV-RELATED NEWS, Honda and LG announce a US gigafactory, Britishvolt comes unstuck and Chinese manufacturers focus on the UK. In COST-OF-LIVING NEWS, smaller businesses could get hit harder by rising interest rates, workers forego pensions and students suffer. In INDIVIDUAL COMPANY NEWS, Deloitte reckons Amazon and Neflix will bounce back, Pinduoduo surprises on the upside and a British cybersecurity start-up suffers from tech fatigue. AND FINALLY, I bring you some hospital bag packing errors...

 

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Friday's daily news

Friday 19/08/22

Posted on | by Peter Watson | Leave a Comment on Friday 19/08/22

In MACRO & ENERGY NEWS, Turkey does it again, China ups coal usage and Germany cuts VAT on gas sales. In CONSUMER/RETAILER NEWS, UK consumer confidence hits a new low, Britons are expected to keep drinking, full English brekkie prices rise and Halifax targets the wealthy while Made.com and AO World have issues. Estée Lauder and Kohl's hit problems and a big shareholder sells out of Bed Bath & Beyond. In TECH NEWS, Apple Pay motors and Snap gives up on yet another bit of hardware. In INDIVIDUAL COMPANY NEWS, Geely experiences the good and bad and Carlsberg loses its fizz while P&O's owner is laughing. AND FINALLY, I bring you rice pizzas and an accessible hangover cure...

 

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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!

 

Thursday's daily news

Thursday 18/08/22

Posted on | by Peter Watson | Leave a Comment on Thursday 18/08/22

In MACRO, ENERGY & CLIMATE CHANGE NEWS, UK inflation hits a 40-year high, the Fed looks like it'll continue to raise rates, the Yangtze river is drying up, Biden's clean energy push faces hurdles and Uniper is on the brink. In CONSUMER & RETAIL NEWS, we look at what's getting more expensive, Target disappoints and Amazon's looking at a new feature. In LEISURE NEWS, Entain gets a big fine, Cineworld is in trouble and Soho House's owner reins it in. In MISCELLANEOUS NEWS, Tencent has a tough time, meme stocks ride again and UK house price growth slows. AND FINALLY, I bring you Italian reactions to Starbucks coffee and ketchup on pasta...

 

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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!

 

Wednesday's daily news

Wednesday 17/08/22

Posted on | by Peter Watson | Leave a Comment on Wednesday 17/08/22

In COMMODITIES & ENERGY NEWS, BHP benefits from rising coal prices, gas prices jump, the EU digs for lithium and Germany does a U-turn on nuclear. In EMPLOYMENT & CONSUMER TRENDS NEWS, wages crater, job figures calm down, hospitality loses 200k overseas workers and what consumers watch evolves. In RETAIL NEWS, Bed Bath & Beyond's shares triple, Walmart and Home Depot reassure, Ted Baker closes in on a sale and Aldi is set to overtake Morrisons. In MISCELLANEOUS NEWS, Apple wants more office "facetime" and WeWork's founder rises again. AND FINALLY, I bring you some rather unusual baby names...

 

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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!

 

Tuesday's daily news

Tuesday 16/08/22

Posted on | by Peter Watson | Leave a Comment on Tuesday 16/08/22

In MACRO & COMMODITIES NEWS, China cuts its lending rate, we look at what might happen with a Taiwan blockade, the Rhine goes lower and Kosovo has blackouts while oil and metal prices fall. In COST-OF-LIVING & RETAIL NEWS, the gap between staying in and going out narrows in the US, Spanish go for own-labels, Nationwide helps its staff, Aldi ups pay again, a new UK lender considers 50-year mortgages, Joules gets a new boss and Ted Baker is close to being taken over. In FINANCIALS NEWS, Phoenix rises and Goldman cuts pay. In MISCELLANEOUS NEWS, Apple benefits, Disney comes under pressure, the UK approves a new Covid booster and Treatt suffers. AND FINALLY, I bring you the right way to use an electric fan...

 

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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!

 

Monday's daily news

Monday 15/08/22

Posted on | by Peter Watson | Leave a Comment on Monday 15/08/22

In BUSINESS TRENDS NEWS, SMEs fear their prospects, the City of London loses restaurants and craft brewers worry about recession. In EMPLOYMENT TRENDS, salaries rise but those at asset managers fall, the four-day week experiment looks like it'll fall flat and PwC lowers its entry requirements. In MISCELLANEOUS NEWS, US consumers still spend on fun, Zalando remains undeterred, Rightmove says house prices are falling and Saudi Aramco hits a new profit record. AND FINALLY, I bring you a surfing labrador...

 

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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!

 

Friday's daily news

Friday 12/08/22

Posted on | by Peter Watson | Leave a Comment on Friday 12/08/22

In MACRO, OIL & ENERGY NEWS, Germany's problems worsen, western sanctions are having "limited impact" on Russian oil output and European electricity prices climb to new highs. In MANUFACTURING & ENGINEERING NEWS, US factory prices fall, Siemens has its first quarterly loss in 12 years, Britishvolt has problems and Rivian's losses almost triple. In EMPLOYMENT/COST-OF-LIVING NEWS, lockdowns hit the young, big companies raise wages and punters pull back on gambling. In MISCELLANEOUS NEWS, Hong Kong's population shows a record decline, Savills sounds a cautionary note, GSK faces trouble and Johnson & Johnson plans to withdraw baby powder completely. AND FINALLY, I bring you a ridiculous landing of a plane...

 

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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!

 

Thursday's daily news

Thursday 11/08/22

Posted on | by Peter Watson | Leave a Comment on Thursday 11/08/22

In MACRO & ENERGY NEWS, US inflation eases, Taiwan gets feisty with Foxconn, Vestas likes US clean energy subsidies, E.ON cuts the value of its Nord Stream stake and the Rhine dries up. In FINANCIALS/INVESTMENT NEWS, Aviva gets a boost, the Pru suffers from Hong Kong lockdowns, Admiral looks forward, Robinhood takes a bath and SoftBank has a historic moment. In CONSUMER SPENDING TRENDS NEWS, Tui suffers with flight disruption, Deliveroo doesn't deliver, Bumble's sales rise and estate agents see a continued fall in buyer interest. In INDIVIDUAL COMPANY NEWS, Fox predicts higher spending and Disney adds subscribers. AND FINALLY, I bring you a "how to" guide on escaping prison...

 

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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!

 

Wednesday's daily news

Wednesday 10/08/22

Posted on | by Peter Watson | Leave a Comment on Wednesday 10/08/22

In MACRO & CRYPTO NEWS, Russian oil flow to central Europe stops, Xi Jinping tightens his grip on power and Coinbase takes flak. In CONSUMER TRENDS NEWS, it looks like we are spending on travel, fashion, streaming and property, not so much on used cars and we will be spending more on olive oil while IWG sees a slowing influx. In TECH NEWS, Microsoft cuts spending and chipmakers expect a slowdown. In INDIVIDUAL COMPANY NEWS, Musk sells Tesla shares, Abrdn suffers while L&G gets a boost and Domino's pulls out of Italy. AND FINALLY, I bring you a sighting of the "Loch Ness monster" and a great drum cover of a Top Gun classic...

 

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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!

 

Tuesday's daily news

Tuesday 09/08/22

Posted on | by Peter Watson | Leave a Comment on Tuesday 09/08/22

In TECH NEWS, SoftBank has troubles, Baidu does driverless robotaxis, Vertical Aerospace does flying taxis and Intel urges the UK to throw money at chips. In CONSUMER/RETAIL NEWS, London rents rise, spending patterns change, Next is to take a chunk of Joules and The Works gets gloomy about Christmas. In EMPLOYMENT TRENDS NEWS, PageGroup sees signs of a slowdown and Berenberg is to wield the axe. In MISCELLANEOUS NEWS, News Corp benefits from ad sales, Veolia sells waste business, BioNTech puts hopes in a new Covid vaccine jab and Norway decides to cut power exports. AND FINALLY, I bring you a brilliant Tina Turner cover (and no - for once, it's not Pomplamoose 🤣)...

 

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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!