Category: Today

In MACRO & MINING NEWS, the EU election campaign kicks off, Germany looks like it’s in recession, France tightens finances, the Bank of England gets a warning, Birmingham council has to take drastic action, Russia shows resilience, Polymetal secures an exit and Amplats cuts jobs. In BUSINESS, CONSUMER & EMPLOYMENT NEWS, overseas investment in China drops, Saudi Arabia imposes conditions on China’s involvement, it turns out that CGT only applies to the few, Moneysupermarket booms and Forvia announces job losses. In FINANCIALS NEWS, Capital One agrees to buy Discover Financial, we look at which banks could be affected by the motor finance investigation and Santander announces a payout. In MISCELLANEOUS NEWS, the EU launches its TikTok investigation, AstraZeneca makes a big step forward, Bayer slashes its dividend and Currys heats up. AND FINALLY, the EU launches its TikTok investigation, AstraZeneca makes a big step forward, Bayer slashes its dividend and Currys heats up

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In MACRO, COMMODITIES & ENERGY NEWS, China has a good start, natural gas prices drop, hydrogen gets exciting and Great British Nuclear seeks out a site. In BUSINESS TRENDS NEWS, gaming slows down, Deloitte reacts to the lack of deals and pub closures look likely if things continue unchanged. In REAL ESTATE NEWS, house prices look like they’ve bottomed out and rent rises are slowing down. In MISCELLANEOUS NEWS, Apple is slapped with a big fine, EV sales slow down and BYD announces a buyback. AND FINALLY, I show you how to practice latte art…

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In BIG PICTURE NEWS, Japan, Europe and the UK economies suffer, we look at business trends regarding China, Twitter and bargain retailers and consumer trends where Jet2 sees good demand and Ryanair makes progress. In CAR-RELATED NEWS, Stellantis warns of a bumpy road, BYD considers Mexico, Lucid cuts its prices, the UK’s used EV market continues to tank and EV charging costs rise. In FINANCIALS/INVESTMENT NEWS, JP Morgan withdraws from a climate group, a US pension giant appeals for private equity to share the spoils more broadly and motor finance is moving closer to becoming the next PPI. In INDIVIDUAL COMPANY NEWS, Musk takes his war on Delaware further, we take a closer look at Renesas’s latest deal and DraftKings buys Jackpocket. AND FINALLY, I show you how to make something simple pretty darn fancy…

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In MACRO & COMMODITIES NEWS, US aid for Ukraine gets another go, UK inflation remains unchanged and Hunt considers more public spending squeezes while BP does a deal in Abu Dhabi, Shell predicts rising LNG demand, hydrogen navigates the hype cycle and BHP unveils write-downs. In BUSINESS TRENDS NEWS, car-carrier WW reveals record profits but Red Sea disruption will continue to disrupt. In REAL ESTATE NEWS, the UK housing market shows further signs of recovery and Canary Wharf has more problems. In MISCELLANEOUS NEWS,Altium agrees to a $5.9bn takeover by Renesas, Lyft shares boom, Uber announces a share buyback, Waymo updates its tech and the maker of “Clash of Clans” searches for its next big hit. AND FINALLY, I bring you Uncle Gordon and Uncle Roger showing you how to cook properly…

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In MACRO & OIL NEWS, NATO members look like they’ll hit defence spending targets, US inflation is stronger than expected and OPEC left its oil demand growth unchanged. In BUSINESS, EMPLOYMENT & CONSUMER TRENDS NEWS, Tui’s heading stateside, Latham & Watkins separates out its Hong Kong business, investors get increasingly upbeat, UK wage growth slows by less than expected and Ranstad sees net profits falling. In CARS & PROPERTY NEWS, Stellantis looks good, the UK’s TRA stands ready to look at the influx of Chinese EVs, we look more closely at the debate on hydrogen fuel cells, warehousing in the US slows down and UK shopping malls are looking more attractive. In MISCELLANEOUS NEWS,Temu takes on Shein’s dodgy suppliers, Coca-Cola fizzes, Hasbro gets downbeat, Airbnb gets upbeat and it’s a mixed bag for Paramount. AND FINALLY, I bring you some egg-cellent hotplate magical trickery…

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In INVESTMENT AND M&A NEWS, PE chiefs see big gains, SSP’s Aussie deal looks pretty sweet, Diamondback Energy buys Endeavour in a $26bn deal and there’s some big consolidation going on in warehousing. In CAR-RELATED NEWS, European carmakers splash out on gigafactories, Michelin does a buyback and Glencore stops nickel production as demand falls. In BUSINESS & EMPLOYMENT TRENDS, Arm gets an AI boost, Chinese fleets double down on Suez, Novo Nordisk aims to invest big and PwC grad promotions are delayed. In MISCELLANEOUS NEWS,TikTok faces down Universal Music, Bitcoin breaches $50k, mortgage rates fall and The Body Shop brings in the administrators. AND FINALLY, I bring you a test on Gen-Z slang…

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In MACRO NEWS, Trump edges ahead of Biden and gives his view on Russia while the UK awaits a growth verdict. In CONSUMER/EMPLOYMENT NEWS, China’s consumers spend less, UK employment weakens, firms fret about hiring and employers race to sort visas. In LISTINGS NEWS, Tod’s looks delist while Shawbrook’s owners consider an IPO. In MISCELLANEOUS NEWS, we see that Musk isn’t the only billionaire pushing back against Delaware and Zizzi’s owner wants to expand its Mexican food offering. AND FINALLY, I show you how to do one-arm pull-ups…

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In MACRO, ENERGY & BUSINESS TRENDS NEWS, Xi and Putin unite, Putin’s opponent gets booted, China’s deflation problem causes concern, there’s a breakthrough in nuclear fusion, Mexico overtakes China and Maersk gets a dose of reality. In CONSUMER GOODS NEWS, Unilever defends shrinkflation, L’Oréal sees slowing price rises and Kering slows down. In TECH NEWS, Arm jumps and Google launches Gemini. In MISCELLANEOUS NEWS, we look at the latest developments in real estate, automotive and media sectors. AND FINALLY, I bring you an unnecessarily aggressive way of making fried rice…

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In MACRO, FOSSIL FUELS & RENEWABLES NEWS, China takes action on slumping markets, Germany’s industrial output falls by more than expected, Geert Wilders’ bid for power falters and we look at the wider consequences of ExxonMobil’s fight against the ESG brigade and who benefits from Biden’s LNG ban, Orsted has a ‘mare, nuclear fusion gets closer and we get our first private nuke plant. In CONSTRUCTION & REAL ESTATE-RELATED NEWS, Barratt buys rival Redrow and UK house prices rise fast. In AUTOMOTIVE NEWS, China gives its EV makers a helping hand and Ford announces low-cost EVs. In MISCELLANEOUS NEWS, we further consider the latest development in sports streaming, Disney unveils its roadmap, Sainsbury’s announces cost-cutting, TikTok puts the pressure on apparel makers, Frasers ups its stake in Boohoo, Uber announces its first ever profit and the UK labour market slows down. AND FINALLY, I bring you some amazing parachuting skills…

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In MACRO, MARKETS & OIL NEWS,China’s stock market has a bump up, Brussels concedes to the farmers and BP sees its profits halve. In TECH, MEDIA & TELECOMS NEWS, TSMC invests in Japan, China ups the ante on advanced chips, Spotify posts a loss and Snap misses its revenue targets while ESPN, Fox and Warner get together for sports streaming as ad agencies evolve and KDDI takes control of Lawson. In REAL ESTATE-RELATED NEWS, Neumann wants to return to WeWork, a Canary Wharf office takes a massive valuation hit, construction sector confidence rises and the UK gets Dutch-style mortgages. In MISCELLANEOUS NEWS, we look at the latest developments in the automotive and banking sectors as M&S outpaces Aldi, Pret gives up on veggies and the Woodside/Santos would-be merger collapses. AND FINALLY, I bring you an amusing husband/wife scenario…

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In MACRO & COMMODITIES NEWS,Putin’s opposition candidate is set to get banned, UK jobs data will be unreliable for a period and a massive Zambian copper deposit is discovered. In TECH NEWS, Microsoft does a deal to create AI stories, Amazon does a deal with Reach to counteract the disappearance of cookies and Yandex sells its Russian operations. In FINANCIALS NEWS, UniCredit returns €8.6bn to shareholders, PE owners pile on the debt, CMC Markets cuts 20% of its workforce and we take a closer look at all the bonus cap furore. In MISCELLANEOUS NEWS, Arrival goes bust, Hertz pauses on EVs, Parisians vote for higher parking fees for SUVs, UK retailers suffer, Watches of Switzerland gets a boost, restaurant giants feel the pressure of their actions regarding the Israel-Hamas war and Novo Nordisk does a deal to expand production. AND FINALLY, I bring you some more crazy backyard trampolining!

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In MACRO & ENERGY NEWS,the Bank of Japan considers moving away from negative interest rates and Biden disrupts LNG. In RETAIL NEWS, Shein continues to battle lawsuits, the UK considers the tourist tax, Hobbs looks for better sites, Sephora booms in the UK and Farfetch falls. In LAW-RELATED NEWS, we look at why Delaware’s such an issue with Musk and how the UK has delayed AI copyright rules. In PLANE-RELATED NEWS, Boeing gets in even more trouble while European airlines head towards a record summer. AND FINALLY, I show you an instance of getting bumped from first to economy class…

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In MACRO, OIL & CRYPTO NEWS, early Eurozone interest rate cuts look unlikely, the Bank of England holds steady, Shell pumps out a dividend despite weaker profits and Hamas victims sue Binance. In CAR NEWS, Musk looks to take Tesla to Texas, Paris votes on charging SUVs more, Volvo cools on Polestar and Ferrari roars. In FINANCIALS NEWS, Deutsche Bank swings the axe, Julius Baer’s profits more than halve and BNP Paribas’s shares drop. In INDIVIDUAL COMPANY NEWS/b>, Apple’s sales rise, Meta rewards shareholders, Amazon’s profits boom on holiday spending and Peloton runs out of puff. AND FINALLY, I bring you a guy who makes sushi from Costco trout…

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In MACRO & CRYPTO NEWS, China slips, the Fed keeps rates unchanged, FTX scraps plans to revive and George Osborne joins Coinbase. In RETAIL, CONSUMER GOODS & RESTAURANT NEWS, Temu takes on Amazon, Walmart plans to open more stores, Morrisons seeks help to “reinvigorate”, H&M’s boss steps down, Boohoo feels the pressure, Adidas beats guidance and McWin buys Sticks’n’Sushi. In PHARMACEUTICAL NEWS, Novo Nordisk share price hits a new high and GSK boosts forecasts. In MISCELLANEOUS NEWS/b>, Musk is rebuffed, Zuck is contrite, Allen Media puts in an offer for Paramount Global and UK house prices rise. AND FINALLY, I show you how to make Italian-style iced coffee!

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In MACRO & OIL NEWS, Russia benefits from war, the Eurozone avoids recession, the IMF warns Jezza, councils are told to sell off assets and Saudi Arabia surprises on oil. In BUSINESS, EMPLOYMENT & CONSUMER TRENDS NEWS, Hong Kong moves to tighten the rules, UK business confidence hits a new high after insolvencies hit a 30-year high last year and deal activity is expected to rebound. Return-to-office orders ramp up while job cuts are announced for UPS and Sky employees and consumers will like the fall in mortgage rates. In RETAIL, RESTAURANT & LEISURE NEWS, John Lewis looks set to turn a profit, Pets at Home falters, SSP keeps getting better, Starbucks suffers from Chinese competition and Saga cruises while Carnival changes course. In TECH & MEDIA NEWS, Microsoft knocks it out of the park, Alphabet doesn’t and Samsung posts terrible earnings while Universal threatens TikTok and WPP frets about AI. AND FINALLY, I bring you some gadgets that you never knew you needed!

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In MACRO, MARKETS & OIL NEWS,Hungary gets shirty, Flutter has US ambitions and BP faces pressure. In BUSINESS, EMPLOYMENT & CONSUMER NEWS, Evergrande gets a wind-up order that could hit the whole Chinese real estate sector, some employers watch their employees’ every move and UK shop price inflation slows right down. In CARS NEWS, Toyota puts in a solid performance, GM might have over-committed, BYD feels the squeeze and Renault ditches its EV listing plans. In INDIVIDUAL COMPANY NEWS, Amazon ditches Roomba, Superdry considers drastic action, Ryanair takes a hit and GSK could have a blockbuster on its hands. AND FINALLY, I show you how to pour the perfect Guinness!

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In MACRO & MARKETS NEWS,Brussels pressures Hungary on Ukraine, we look at Putin’s “opposition” and Xi’s decision to restrict short-selling. In BUSINESS, EMPLOYMENT & CONSUMER TRENDS NEWS, profit warnings hit new highs, pubs have a tough January, Channel 4 is set to make deep staff cuts and traveller patterns look set to change. In TECH NEWS, India gets tough on AI, Taylor Swift has AI problems, non-AI chips lag behind and Newport Wafer Fab’s problems continue. In MISCELLANEOUS NEWS, EVs have a tough year ahead, Ark bounces back and the UK sees rising property sales. AND FINALLY, I bring you a hilarious Uncle Roger video where he casts his eye over Japanese omurice!

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In MACRO, CONSUMER, EMPLOYMENT & CONSUMER TRENDS NEWS,US GDP growth surprises, the ECB leaves rates unchanged, LVMH’s sales lose momentum, research highlights non-compete clauses and there are job losses at Lloyds Bank, Microsoft and Levi’s whilst UK consumers show confidence (but retail sales suffer) and St James’s Place inflows slow to a trickle. In REAL ESTATE NEWS, Blackstone goes shopping, Foxtons is chirpy and rents rise again, but at a slower pace. In TECH & MEDIA NEWS, the FTC launches a Big Tech inquiry, Intel gives a muted outlook, Apple makes App Store changes, Vice and Buzzfeed slip further, Publicis exceeds growth targets and prospects for TV advertising don’t look good. In MISCELLANEOUS NEWS, Tesla warns on growth, Porsche makes a big call on petrol and Fever-Tree makes history. AND FINALLY, I bring you a brilliant pineapple hack!

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In MACRO & ENERGY NEWS, China springs a surprise, Indonesia considers life without Widodo, Germany’s nightmare is to continue, Orbán relents on Sweden’s NATO application and English councils get thrown a bone while the IEA predicts record high nuke power generation and France pressures UK on nuke financing. In BUSINESS, EMPLOYMENT & CONSUMER TRENDS,UK business activity grows but UK factories cut production, the Bank of America gets feisty on WFH and the luxury sector gets divided while in the leisure sector, Wetherspoons wants more pubs while Revolution worries. In PLANES, TRAINS & AUTOMOBILES, EasyJet forecasts shrinking losses, Boeing’s troubles continue, Eurostar passenger numbers return to pre-Covid levels and Tesla and Chinese EV makers suffer in a price war while UK auto lenders could be facing a massive bill. In TECH NEWS, ASML sees strong demand, Microsoft hits $3tn, Spotify wins against Apple and Computacenter keeps winning. AND FINALLY, I bring you a moment from the classic sitcom, The IT Crowd…

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In MACRO & ENERGY NEWS, China gets a boost, the EU recovery fund snags on red tape, Hunt gets £20bn to play with and Hinkley Point C faces an expensive delay. In BUSINESS, EMPLOYMENT & CONSUMER NEWS,Red Sea troubles spread while Ebay, SAP, Wayfair and Abrdn cut jobs and P&G reports strong earnings. In REAL ESTATE-RELATED NEWS, Crest Nicholson’s profits crash, Nationwide cuts mortgage rates and Santander lifts them. In MISCELLANEOUS NEWS, Netflix subscriber numbers rise and Zealand has obesity hopes. AND FINALLY, I bring you some impressive weightlifting from a little girl and nature’s Gatorade…

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In MACRO & ECONOMIC INDICATOR NEWS, the ECB rates chief Lagarde as “poor”, the AfD leader applauds Brexit, Japan rises, the Red Sea troubles are set to have longer-running repercussions, S4 Capital has a downbeat outlook and UK firms are in trouble. In TECH NEWS,Japan searches for more AI, ElevenLabs becomes a unicorn and China goes chip shopping. In M&A NEWS, Française des Jeux buys Kindred and Sony ditches Zee talks. In MISCELLANEOUS NEWS, household disposable incomes hit a new high, 1% mortgage chat attracts criticism and Macquarie raises a ton of money for an infrastructure fund. AND FINALLY, I bring you Gordon’s quick curry and Uncle Roger on rice…

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In MACRO, MARKETS & INVESTMENT NEWS, EY gets positive on the UK economy, market prospects look good for the UK, everyone piles into bonds, big hedge funds make big profits and Exxon sues ESG investors. In REAL ESTATE NEWS,homeowners make a packet on home sales and RICS warns about Help To Buy. In TRAVEL-RELATED NEWS, cruise liners get bigger and Antler sees a boom in luggage sales. In MISCELLANEOUS NEWS, BYD goes all fancy and we look at the perils of cyber security investment. AND FINALLY, I bring you the correct way to zest a lime!

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In MACRO & OIL NEWS, Germany limps on, Hunt hints at tax cuts, the IEA reckons there’s going to be a surplus of oil and the US is going to be a part of that. In LUXURY & RETAIL NEWS,Richemont bucks the trend, Watches of Switzerland has a ‘mare, Bentley doesn’t cut it, Birkenstock shares dive and Sainsbury’s takes a hard look at itself. In REAL ESTATE NEWS, Prologis sees rising profits while in the UK mortgage demand rises but so do mortgage defaults. In MISCELLANEOUS NEWS, European EV sales lose steam, BYD announces a new EV factory and German car parts suppliers talk job cuts while TSMC talks up chips in 2024 and Google announces plans for a $1bn data centre in the UK. AND FINALLY, I bring you an amazing umbrella dance!

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In MACRO NEWS, geopolitics dominates Davos, global stocks weaken, China has demographic and real estate problems and UK inflation rises unexpectedly. In EV NEWS, Hyundai and Kia take on Tesla, Ola Electric goes for an IPO, UK EV depreciation is big and Chinese EV manufacturers get ready for a UK price war. In RETAIL & CONSUMER NEWS, UK house prices drop fast (but sales rise) and estate agents see reasons for optimism while consumers love leisure and travel. In MISCELLANEOUS NEWS, jet fuel suppliers get nervous and Pearson sees profits. AND FINALLY, I bring you some tenpin bowling genius…

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In BIG PICTURE NEWS, China faces a critical year, the ECB holds off on rate cuts, Shell sells its Nigerian business and halts Red Sea shipments (with implications on interest rates) as insolvencies rise and City law firms fall down the pecking order. In FINANCIALS NEWS, Goldman Sachs and Morgan Stanley have their lowest profits in four years while Panmure Gordon and Liberum decide to merge. In RETAIL & CONSUMER NEWS, Uniqlo sues Shein, M&S/Ocado get a nice boost, Hugo Boss sees revenue rise but profit shortfall and UK annual wage growth slows. In MISCELLANEOUS NEWS, Apple edges Samsung, Vodafone signs an AI deal with Microsoft and Fujitsu says it will pony up. AND FINALLY, I bring you some tenpin bowling genius…

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In BIG PICTURE NEWS, Germany’s nightmare continues, we look at the UK election prospects and consider Post Office scandal developments. In BUSINESS, EMPLOYMENT & CONSUMER TRENDS, nightclubs are in trouble, the IMF says AI will threaten jobs, British bosses look to hire while PageGroup says there’s a slowdown, petrol retailers are pushed to be transparent and car insurance gets pricey. In TECH NEWS, Microsoft says AI will transform search, OpenAI changes language and Apple cuts phone prices in China. In MISCELLANEOUS NEWS, John Deere and SpaceX link up, Boeing’s problems get worse, Northvolt gets a boost and Crest Nicholson has yet another profit warning. AND FINALLY, I bring you a bar trick involving Guinness…

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In BIG PICTURE NEWS, the Middle East situation goes up a notch, US inflation comes in higher than expected, Chesapeake and Southwestern look to create a monster, China makes more solar panels than everyone combined and Bitcoin booms. In RETAIL & RESTAURANT NEWS, we look at the Christmas winners and losers, John Lewis gets a new chief, Very does well and retail wages rise. In AUTOMOTIVE NEWS, Hertz offloads a third of its EV fleet, Asian battery makers face a Trump-shaped threat and the FCA looks into car financing that could become the next PPI. In MISCELLANEOUS NEWS, US companies start the year with layoffs, recruiter Robert Walters sheds jobs amd Airbus’s orders take off. AND FINALLY, I bring you a unique golf swing…

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In BIG PICTURE NEWS, EY reckons elections will hold markets back, the Bank of England could hit its inflation target pretty soon, Sunak announces Post Office scandal legislation, HS2’s real costs come out, the government announces our power generation roadmap and crypto gets a boost. In RETAIL & RESTAURANT NEWS, M&S is on track to overtake Waitrose, Sainsbury’s takes an Argos hit and Greggs is on a roll. In REAL ESTATE-RELATED NEWS, Persimmon gets a boost and rent rises slow thanks to “accidental landlords”. In MISCELLANEOUS NEWS, China tries a gaming chip get-around, misinformation is judged to be an imminent AI danger but a DeepMind spin-off aims to turbo-boost drug discovery times. AND FINALLY, I bring you some wholesome family fun…

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In EMPLOYMENT TRENDS NEWS, Eurozone unemployment hits a record low, BlackRock cuts staff, Duolingo replaces employees with AI, Hays has a profit warning and we see why the labour market is likely to get worse. In TECH NEWS, the EU looks into the Microsoft/OpenAI relationship, Ofcom hires ex-Big Tech, Samsung signals a turnaround and Sony prepares to abandon a big deal. In INVESTMENT & CRYPTO NEWS, ESG fund launches drop while crypto and fintech groups get fined, Bitcoin scammers hack the SEC and HMRC goes after crypto investors. In MISCELLANEOUS NEWS, VW loses out in China, Pirelli shares jump, dating apps test customers, Boeing’s troubles persist, Hewlett Packard Enterprise makes an offer for Juniper Networks, GSK makes an offer for Aiolos Bio and the Post Office scandal has repercussions. AND FINALLY, I bring you some baking tips…

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In TECH NEWS, big Cloud operators offer limited AI protection to users, Deloitte rolls out an AI chatbot, Apple announces the sale of its Vision Pro but faces tough times ahead while Samsung is downbeat. In BUSINESS, EMPLOYMENT & CONSUMER NEWS, the EU splashes the cash, Barclays cuts 5,000 staff and UK consumer confidence weakens. In RETAIL NEWS, Majestic Wine has its best ever Christmas and Pandora benefits from its lab-grown diamonds. In INDIVIDUAL COMPANY NEWS, the oil price weakens, Shell braces for a big writedown, ESG investment has its worst year, CMC Markets benefits from market volatility, obesity drug first-movers have the advantage and the Boeing nightmare continues. AND FINALLY, I bring you some New Year fitness inspo…

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In ENERGY-RELATED NEWS, there’s more hope for fusion and we look at how investors get around ESG rules. In BUSINESS TRENDS NEWS, UK manufacturing is getting positive, London restaurant openings rebound, retail fortunes are mixed and Channel plans big job cuts. In PROFESSIONAL SERVICES NEWS, private equity firms are snapping up accountants, Grant Thornton gets demoted, City law firms go poaching and benefit from dementia. In INDIVIDUAL COMPANY NEWS, Boeing faces investigation and OpenAI calls for exemption. AND FINALLY, I bring you a very annoying riddle…

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In MACRO, COMMODITIES, ENERGY & CRYPTO NEWS, we look at 8 reasons to be cheerful about the UK economy, the latest in oil and gas, how gold demand is hitting record highs, how UK nuclear power output is hitting new lows and more crypto nonsense. In BUSINESS, EMPLOYMENT & CONSUMER TRENDS, foreigners buy UK companies, warehouse operators try to tempt new workers, WFH candidates get the cold shoulder, Xerox announced cuts and a weaker jobs market prompts US rate cut speculation. Meanwhile, even rich people are getting more thrifty while in the UK grocery price inflation weakens but people are still suffering. In RETAIL NEWS, Aldi and Lidl have a merry Christmas, as do Mamas & Papas. In MISCELLANEOUS NEWS, US car sales rebound, BYD makes UK inroads, Airbus makes an offer for Atos and SpaceX launches. AND FINALLY, I bring you some random gadgets…

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In MACRO & OIL NEWS, the Bank of England and ECB take the edge of market excitement, the EU fails to agree Ukraine funding, OPEC+ hits a new low in market share and the OECD says hitting net zero will cost trillions. In CONSUMER & RETAIL NEWS, UK consumer confidence reaches a 3-month high, Christmas dinner’s going to cost more, Currys recovers and Shein is accused of using mafia-style tactics. In CARS & TRANSPORT-RELATED NEWS, GM’s Cruise sees big layoffs, Tesla seeks a Nordic expert and Trainline can rest easy. In MISCELLANEOUS NEWS, Vivendi looks to split, Spotify succeeds and we ponder further on Axel Springer’s AI experiment. AND FINALLY, I bring you some important Christmas beverage information…

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In MACRO NEWS, the US keeps interest rates unchanged, the UK’s economy shrinks unexpectedly, Argentina embarks on chainsaw economics and countries reach a deal at COP28. In RETAIL-RELATED NEWS, Shein and Temu’s rise boosts the logistics sector, Inditex smashes it but Etsy cuts jobs. In CAR-RELATED NEWS, Tesla suffers more blows while GM Cruise execs depart. In MISCELLANEOUS NEWS, Visa and Mastercard face restrictions, Axel Springer does a deal with OpenAI, Pfizer’s revenue forecasts look meh and estate agents reckon a recovery is around the corner. AND FINALLY, I bring you some very accurate throwing…

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In MACRO & OIL NEWS, COP28 ditches commitment to phase out fossil fuels, Tusk returns as Polish PM and Occidental is to buy CrownRock in a big shale deal. In EMPLOYMENT & BUSINESS TRENDS NEWS, Hasbro follows other big US companies in announcing job losses, UK companies are still hiring, wage increases look like slowing, small businesses face a tough time, Begbies Traynor is busy, lawyers see earnings rise and businesses get an MI5 briefing. In TECH NEWS, chip giants develop the next generation, Nvidia invests big in AI companies and TikTok takes a big stake in Tokopedia. In MISCELLANEOUS NEWS, we see that there could be light at the end of the tunnel for embattled renters. AND FINALLY, I bring you an amazing looking chocolate pizza 🤤…

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In MACRO & OIL NEWS, COP28 ditches commitment to phase out fossil fuels, Tusk returns as Polish PM and Occidental is to buy CrownRock in a big shale deal. In EMPLOYMENT & BUSINESS TRENDS NEWS, Hasbro follows other big US companies in announcing job losses, UK companies are still hiring, wage increases look like slowing, small businesses face a tough time, Begbies Traynor is busy, lawyers see earnings rise and businesses get an MI5 briefing. In TECH NEWS, chip giants develop the next generation, Nvidia invests big in AI companies and TikTok takes a big stake in Tokopedia. In MISCELLANEOUS NEWS, we see that there could be light at the end of the tunnel for embattled renters. AND FINALLY, I bring you an amazing looking chocolate pizza 🤤…

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In MACRO, COMMODITIES & CRYPTO NEWS, Biden faces scepticism on Ukraine and the economy, central banks face pressure to cut rates, copper whacks Anglo American, China hoovers up uranium, we look at the excitement surrounding synthetic fuel and M&G buys into bitcoin. In REAL ESTATE VS CONSUMER NEWS, the European mortgage is set to slow, UK average asking prices fall as the market calms, mortgage arrears hit a new high and tenants have a nightmare month. In RETAIL & CONSUMER TRENDS NEWS, Macy’s gets a buyout bid, Ocado adds more M&S products, UK shoppers will pay more for less this Christmas and whisky exports rise. In MISCELLANEOUS NEWS, UK car production rises and Cigna abandons its mega bid for Humana. AND FINALLY, I show you how to make Korean army stew…

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In MACRO & OIL NEWS, China dismisses EU trade concerns, Canada imposes an oil and gas emissions cap and there are talks of an Aussie LNG mega-merger. In REAL ESTATE NEWS, UK house prices rise and commercial property negotiates a tricky patch while luxury brands snap up buildings. In CAR NEWS, Tesla loses in Sweden, the Danes sell out and Vertu’s valuation drops. In MISCELLANEOUS NEWS, online luxury falters, Frasers sees better sales and Games Workshop doles out a proper Christmas bonus, redundancies rise and Spotify’s CFO departs while AJ Bell profits and mobile firms face a class action. AND FINALLY, I bring you the definitive way to pronounce “Nike”…

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In TECH NEWS, Google makes an AI breakthrough, BlackRock rolls out an AI tool, Apple graduates towards India and ByteDance announces a share buy back. In M&A NEWS, AbbVie makes an offer for Cerevel Therapeutics, Trive Capital Partners bids for Ten Entertainment and Coventry Building Society considers buying Co-op Bank. In LEISURE & RETAIL NEWS, McDonald’s plans to launch CosMc, Tui considers ditching London and Alibaba loses its lustre. In MISCELLANEOUS NEWS, the EU offers battery makers cash, German factory orders drop, BAT takes a £25bn hit and McKinsey shrinks the top of the pyramid. AND FINALLY, I bring you a very useful practical tip…

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In MACRO, ENERGY & BUSINESS TRENDS NEWS, China’s economy falters, the Eurozone nears recession, the UAE invests in the UK’s wind farm industry, the UK services sector grows, the UK M&A market hits new lows – something Peel Hunt knows only too well. In CAR NEWS, the EU proposes a three-year delay to EV sales tariffs, Tesla’s union battle deepens while the UK sits on the side lines of the Cybertruck launch and Toyota makes a momentous $2bn move. In CONSUMER, RETAIL & LEISURE NEWS, US consumers use more BNPL while its labour market loosens up, UK food inflation is particularly bad, more UK first time buyers use 35 year mortgages, Sainsbury’s wins back customers, Moonpig benefits from AI while SSP and On the Beach benefit from more travel. In MISCELLANEOUS NEWS, SEC warns against AI-washing, Meta and IBM form an AI alliance, Novo Nordisk looks at what’s next and we see that more English councils are on the brink. AND FINALLY, I bring you the latest dating slang…

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In COMMODITIES, ENERGY & CRYPTO NEWS, gold hits a high, oil is vulnerable, Brookfield fails in its bid for Origin, bitcoin hit $42k and Coinbase promises more jobs. In CONSUMER, RETAIL & LEISURE NEWS, UK inflation hits mortgage holders the most, shoppers rein in spending while retailers hospitality hope for a flurry and PDD gets serious about the US. In CAR NEWS, GM’s Cruise has to testify and Toyota looks at more UK investment. In INDIVIDUAL COMPANY NEWS, Evergrande gets more time, Spotify announces more job cuts, Roche buys into obesity and Qatar halves its stake in Barclays. AND FINALLY, I show you an overly-complicated way of making a scotch egg…

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In MACRO NEWS, inflation pressures central banks, Modi’s party triumphs, the EU wobbles on Ukraine and an EU/Mercosur trade agreement gets derailed. In CONSUMER, EMPLOYMENT & BUSINESS TRENDS NEWS, Chinese borrowers are having a nightmare, UK living standards fall, the higher minimum wage risks more redundancies, EY announces more cuts and the NHS continues to outsource. In EV NEWS, Europe falls further behind on battery raw materials and we look at why EV repairs are so high. In M&A NEWS, Alaska Air makes an offer for Hawaiian Airlines and the PIF buys 49% of Rocco Forte Hotels. AND FINALLY, I show you how to find the centre of a circle…

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In MACRO, MARKETS & OIL NEWS, Eurozone inflation falls, France and Germany suffer, global stocks have a strong month and OPEC+ cuts production. In TECH NEWS, Microsoft commits to the UK and gets a seat on OpenAI’s board, PwC pitches a deal chatbot, retailers use AI for inventory and there’s more drama at Twitter. In FINANCIALS NEWS, Metro Bank cuts 20% of staff, Lloyds Bank is set to close more branches whilst being in the running to buy Tesco Bank and Robinhood takes aim at the UK once more. In MISCELLANEOUS NEWS, Tesla’s strike stance grates with European ideals, the Cybertruck is finally ready to deliver Ford cuts profit forecasts, AbbVie is to buy ImmunoGen and the North East gets closer to developing mini-nukes. AND FINALLY, I bring you a bit of music to end the week…

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In BIG PICTURE NEWS, US growth surprises, Chinese factory activity contracts, the UK’s on track to have the second lowest growth in the G7, Nottingham City Council goes under, UK business confidence rises, the ONS reports new unemployment numbers and EY delays hiring while US crude inventories rise and OPEC+ considers production cuts. In CONSUMER, RETAIL & RESTAURANT NEWS, food producer pricing faces CMA scrutiny, more customers will use BNPL over the holidays, mortgage approvals rise, there’s more trouble at Selfridges, Farfetch has a ‘mare and Halfords warns while Greggs gets fancy. In CAR-RELATED NEWS, the EU has a plan, UK car production increases, GM says sorry and Uber recommends the train. In MISCELLANEOUS NEWS,Blackstone buys Rover Group, Cigna aims for Humana, the Saudis buy a chunk of Heathrow and financial advisers will face the music. AND FINALLY, I bring you an answer to the annual debate – Roses or Quality Street 🤔…

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In BIG PICTURE NEWS, the dollar hits a 3-month low, Channel 4 has its worst ad slump for 15 years, London becomes the redundancy capital while AI is set to affect jobs and inflation threatens mini-nukes. In BANKS/INVESTMENT-RELATED NEWS, Goldman Sachs reins in China growth ambitions, Barclays looks set to drop clients, anti-greenwashing reforms get delayed, there’s reaction to the clean energy sell-off, tech funding craters and Hargreaves Lansdown looks set to drop out of the FTSE100. In RETAIL NEWS, Shein’s not a shoo-in, Temu invests in the US, online marketplaces report a surge in activity and Farfetch considers going private. In INDIVIDUAL COMPANY NEWS,GM cuts investment in Cruise, Uber tries to sweet-talk cabbies, Rolls-Royce streamlines, easyJet’s profits take off and Saga’s chief resigns. AND FINALLY, I bring you an unexpected cure for heartburn and the cutest thing you’ll see today…

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In CONSUMER, RETAIL & LEISURE NEWS, Biden looks at extreme ways of lowering prices, Dimon warns of Covid era consequences, UK shop price inflation falls, UK retailers brace for disappointment, Shein prepares to list and Saga considers financing options. In REAL ESTATE NEWS, we look at the costs of China’s property crisis, UK house prices fall and Rightmove remains positive. In TECH NEWS, the US, UK and others unveil an AI pact, Meta is accused of getting children addicted to its platforms and Twitter sheds British users. In MISCELLANEOUS NEWS, it turns out that Turkey supplying Russia with military-linked goods, Deloitte and KPMG are among those advising staff to use burner phones for Hong Kong, Tesla battles against Sweden, VW looks to shed jobs, Metro gets the OK, Aviva buys a Canadian business and Novo Nordisk considers BNPL. AND FINALLY, I bring you some seriously impressive skills…

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In MACRO & COMMODITIES NEWS, Geert Wilders looks to “moderate”, the Lords criticise the Bank of England’s rubbish forecasting, councils worry about the impact of Hunt’s budget cuts and India plans to increase coal mining. In BUSINESS & EMPLOYMENT TRENDS, South Korean defence firms get more orders and vacancies increase heading into Christmas. In REAL ESTATE NEWS, Canary Wharf offices fall short of environmental standards and landlords face shortfalls for social tenants. In MISCELLANEOUS NEWS, China launches an investigation into Zhongzhi, OpenAI faces a test after last weeks drama, UK supermarkets face a beef and lamb shortage, Mountain Warehouse benefits from poor weather and Lush expands. AND FINALLY, I bring you the life skill you’ve always wanted – how to dismount a 7 foot unicycle…

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In MACRO & OIL NEWS, the Eurozone looks shaky and the ECB is open to more rate rises, the Netherlands lurches to the right, Greece’s Syriza sees mass resignations, Turkey whacks the interest rate up to 40%, the UK economy shows signs of recovery, business activity grows and renewables start to pay off. In CONSUMER, RETAIL & LEISURE NEWS, US consumers seek out bargains, UK consumers cut spending but confidence increases, the energy price cap looks set to rise, John Lewis puts another service in-store, Space NK does well but Jet2 suffers jet lag. In FINANCIALS NEWS, Zhongzhi’s troubles worsen, Barclays gets the axe out and Virgin Money profits are hit. In MISCELLANEOUS NEWS, we reflect further on the OpenAI kerfuffle, Musk gets angry about Swedish strikes, South Korean battery makers scale back in the US and Lego looks to the future. AND FINALLY, I bring you an amazing tiny restaurant in London…

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In MACRO, OIL & CRYPTO NEWS, we look at yesterday’s Autumn Statement and kerfuffles about the German budget, Opec+ and Binance’s new direction. In TECH NEWS, OpenAI gets back to “normal”, Nvidia remains calm and Sage announces booming profits. In MANUFACTURING-RELATED NEWS, Thyssenkrupp has a writedown, John Deere proves to be too dear, Nissan plans to build new EVs in Sunderland and GM’s Cruise draws up a plan of action. In MISCELLANEOUS NEWS, business closures outnumber openings and B&Q’s owner issues a second profit warning. AND FINALLY, I show you how a real Chicago deep dish pizza is made…

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In TECH NEWS, we look at the latest on OpenAI, Sam Altman, Emmett Shear and Nvidia. In CAR-RELATED NEWS, Ford downsizes its Michigan battery ambitions, Stellantis talks to CATL, Northvolt makes a major breakthrough and France gets on board with the UK on delaying EV tariffs. In M&A NEWS, Broadcom-VMware’s merger gets approval, Carlyle sells its stake in McDonald’s China business and CRH goes shopping. In MISCELLANEOUS NEWS, Binance’s chief admits money laundering, Deliveroo riders get classed as contractors, we look at Budget expectations and AO World returns to profit. AND FINALLY, I bring you some really great stretches…

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In TECH NEWS, we look at the latest in the OpenAI drama while Nvidia investors weigh up China risks. In CAR-RELATED NEWS, GM’s self-driving car unit faces challenges, Fisker loses another chief accounting officer, Cazoo slides further towards oblivion and the UK faces a “gigafactory gap”. In EMPLOYMENT, BUSINESS AND CONSUMER-RELATED NEWS, India sees a back office boom, EY considers ditching its UK HQ, Compass benefits from outsourcing, Huel benefits from cash-poor workers and Black Friday prospects aren’t looking great. In MISCELLANEOUS NEWS, Citigroup sharpens its axe, Julius Baer has a profits warning, Bayer shares crater and Argentina’s new president looks to mix things up. AND FINALLY, I bring you a potentially fun way to enhance quiz nights at home…

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In TECH NEWS, the Sam Altman drama continues while the government stops advertising on Twitter. In AUTOMOTIVE NEWS, auto exports from Europe and Asia benefit from US subsidies while the chief of GM’s Cruise falls on his sword. In RETAIL NEWS, Halfords dismisses a bid and Go Outdoors continues to suffer. In MISCELLANEOUS NEWS, Taiwan opposition parties falter, Argentina gets a new president and London landlords race to upgrade. AND FINALLY, I bring you an epic bike stunt…

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In M&A/INVESTMENT NEWS, Mars buys Hotel Chocolat, Young’s buys City Pub Group and Arctos buys into Aston Martin’s F1 team while Brookfield ditches its attempt to sell Center Parcs. In CONSUMER & RETAIL NEWS, US consumers get a break, Walmart has a tough time and Amazon starts selling Hyundai cars while in the UK consumers are faced with rising energy bills (although the oil price is falling), Premier Foods cut prices and Burberry is hit by the luxury downturn. In TECH NEWS, aLenovo sees PC recovery, Meta tries to wriggle out of child harm responsibilities and stars give AI voices a try. In INDIVIDUAL COMPANY NEWS, Great Portland ploughs money into London property, Crest Nicholson announces job cuts, Cruise continues to disappoint and Qinetiq’s share price takes a bath. AND FINALLY, I bring you my morning routine…

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In MACRO & ENERGY NEWS, Taiwan elections heat up, UK inflation falls, the US and China announce green energy commitment while the UK offers higher subsidies for offshore windfarms. In TECH NEWS, Meta fights the EU’s digital rules, Big Tech gets concessions on the digital markets bill and Microsoft launches AI chips. In CONSUMER, RETAIL & LEISURE NEWS, average house prices fall, garages will be forced to reveal petrol profits, Target booms on higher earnings, Amazon benefits from cuts, Ocado signs a non-grocery tech deal and Fuller’s aims for a merry Christmas. In INDIVIDUAL COMPANY NEWS, Warren Buffett cashes in, Manulife buys CQS, Mazars announces a tie-up with Forvis and Alstom warns on cash flow. AND FINALLY, I bring you a rather tricky circuit…

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