Friday 10/11/23

In BIG PICTURE NEWS, China falls into deflation, Germany makes energy moves, sugar gets expensive, S4 Capital suffers, used EV prices weaken and Taylor Wimpey calls the low. In CONSUMER, RETAIL & LEISURE NEWS, US auto loan delinquency rates rise, petrol pump price falls see a delay, mortgage arrears rise (but there's a new cheap mortgage deal), WH Smith profits almost doubled, B&M benefits from Wilko's collapse and Flutter puts it all on the US. In TECH NEWS, Apple is dealt a tax blow, Nvidia develops chips for China, SoftBank takes a big hit and Arm waits for an AI boost. In MISCELLANEOUS NEWS, AstraZeneca moves into obesity drugs, Wizz Air cuts profit forecasts and Sony wobbles on sales targets. AND FINALLY, I bring you the making of an impressive advert...


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