Friday 31/05/24

In MACRO & OIL NEWS, Donny T gets in big doo-doo, Chinese factory activity falls, business confidence hits a new high, Saudi Arabia announces the sale of more Aramco shares and we look at why the European oil majors aren't mirroring the US oil consolidation frenzy. In CONSUMER, RETAIL & LEISURE NEWS, UK living standards since 2010 lag others, shoppers are staying at home, Walmart managers are offered an impressive package, Gap rebounds, Uniqlo remains confident, Dr Martens gets defensive, Subway announces a big bond sale and QR codes are being ditched for paper menus. In TECH NEWS,OpenAI admits that its models are being used for nefarious purposes, Nvidia becomes more valuable than the FTSE100 and Salesforce suffers. In MISCELLANEOUS NEWS, Auto Trader reckons EV prices have further to fall and Rolls-Royce wins a chunky Japanese order. AND FINALLY, I bring you a bit of domestic travel inspo...


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