Friday 05/03/21

In MACRO, OIL & VACCINE NEWS, Biden's stimulus package causes deadlock, US/UK trade thaws, Beijing targets 6% GDP growth, we take a sector-by-sector look at the UK budget impact, oil rises and Italy blocks AstraZeneca exports. In CAR-RELATED NEWS, Tesla gets involved in a nickel project, GM considers a battery factory and UK car sales hit a 60-year low. In RETAIL & HIGH STREET NEWS, Costco prosper, Gap predicts an apparel bounce-back, M&S abandons banking and B&M's strength continues while William Hill and Entain say no more closures. In INDIVIDUAL COMPANY NEWS, Apple faces app store scrutiny, Lufthansa suffers and Deliveroo aims for a $10bn valuation. AND FINALLY, I thought I'd leave you with Welsh goats and cupcake roulette...

 


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