Friday 10/05/24

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


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