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April 25, 2024

In Summary

In MACRO, MINING & ENERGY NEWS, Spain’s PM considers resignation, Indonesia raises interest rates, BHP suggests a takeover of Anglo American and the UK generates a record low proportion of fossil fuel-generated electricity. In TECH NEWS, China searches for its own ChatGPT, the EU investigates Nuctech, the CMA looks into Big Tech’s AI deals, call centre days look numbered, Meta’s shares fall on AI spending concerns and IBM buys HashiCorp. In LUXURY & CONSUMER GOODS NEWS, Moncler and Prada put in decent performances, Burberry looks increasingly like a takeover target and Reckitt Benckiser shines. In MISCELLANEOUS NEWS, Suez trade drops sharply, car production falls, Lloyds Bank takes a hit to profits and Boeing burns through cash. AND FINALLY, I bring you some very clever videos…

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LATEST EVENTS & MEDIA

The Big Weekly Quiz 💥 🤑 😭 20/04/24

How’s your knowledge of this week’s biz news? Find out here 👉

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The Big Weekly Quiz 📃 🐭 👕 06/04/24

Fancy a little test of this week’s biz news? Have a go at this 👉

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LATEST PUBLICATION

Watson’s Weekly 20-04-2024

A look back at the news from the week commencing Monday 15th April 2024…

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Watson’s Weekly 06-04-2024

A look back at the news from the week commencing Tuesday 2nd April 2024…

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LATEST VIDEOS

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Saturday 16/07/2022

In this video, Ralph and I talk about the rise of populism in the UK and Europe, why the current cost-push inflation we are experiencing is so difficult to control and whether Peloton’s desire to morph from a fitness equipment company to a subscription company is the way forward.

Saturday 09/07/2022

This week, Ralph and I talk about why everyone keeps going on about London being so good at finance and Elon Musk’s abandonment of the Twitter takeover.