Friday 10/06/22

In MACRO & GAS NEWS, China digs in with Covid but exports rise, the ECB aims to raise interest rates and European gas prices rise even more. In TECH NEWS, Big Tech spends big to fend off legislation, Apple goes deeper with BNPL, Facebook rethinks news payments, Twitter continues with the Musk bid and chip shortages could dent prospects for next-gen phones. In EMPLOYMENT/SUPPLY CHAIN NEWS, the UK labour market continues to be tight, Unison gets frisky, feed and fertiliser costs keep rising and the supermarket/supplier relationship gets testy. In INDIVIDUAL COMPANY NEWS, Reliance edges closer to Boots, AO gives up in Germany, DFS gets less comfortable and State Street denies the rumours..AND FINALLY, I bring you a very naughty (but also impressive) seagull...

 


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