Friday 17/11/23

In M&A/INVESTMENT NEWS, Mars buys Hotel Chocolat, Young's buys City Pub Group and Arctos buys into Aston Martin's F1 team while Brookfield ditches its attempt to sell Center Parcs. In CONSUMER & RETAIL NEWS, US consumers get a break, Walmart has a tough time and Amazon starts selling Hyundai cars while in the UK consumers are faced with rising energy bills (although the oil price is falling), Premier Foods cut prices and Burberry is hit by the luxury downturn. In TECH NEWS, aLenovo sees PC recovery, Meta tries to wriggle out of child harm responsibilities and stars give AI voices a try. In INDIVIDUAL COMPANY NEWS, Great Portland ploughs money into London property, Crest Nicholson announces job cuts, Cruise continues to disappoint and Qinetiq's share price takes a bath. AND FINALLY, I bring you my morning routine...

 


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