Friday 18/06/21

In MACRO, TRADE & CURRENCY NEWS, the US economy drives global inflation, UK output accelerates but food and drink exports fall to the EU and the rising numbers of crypto owners spark concerns. In M&A AND IPO NEWS, JPMorgan Chase buys Nutmeg, Ebay sells its South Korean unit and OnlyFans gets closer to a flotation. In CORONATREND/POST-CORONATREND NEWS, ByteDance more than doubles its revenues, the global bicycle shortage continues, takeaway sales remain steady, Airbnb and Vrbo seek more hosts and Premier Inn sees more leisure bookings. In MISCELLANEOUS NEWS,WFH sparks ongoing discussion, pigs-in-blankets may be in short supply, Lordstown makes more excuses and Sports Direct spruces up. AND FINALLY, I bring you Elon Musk's favourite interview question...


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