Friday 03/03/23

In MACRO NEWS, we look at China's tricky position, a Russia sanction crackdown and pressure on the ECB. In TECH NEWS, ESG causes a kerfuffle, Bridgewater cuts jobs, Revolut posts its first annual profit, Vanguard gives up and Chinese banks offer mortgages for 95-year-olds. In CONSUMER & RETAIL NEWS, consumers return to the high street and the over-50s return to work while Macy's suffers and Nordstrom shuts down. In INDIVIDUAL COMPANY NEWS, Taylor Wimpey plans job cuts, Purplebricks' story becomes a cautionary tale and there's hindsight on Worldpay/FIS. AND FINALLY, I bring you Bieber pasta...


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