In BIG PICTURE NEWS, the Fed's expected to cut rates, the US economic divide widens, China's trade surplus breaches $1tn, Thailand and Cambodia fight and the UK government faces difficult decisions over cars and energy. In M&A AND IPO NEWS, Netflix agrees a takeover offer, Robinhood makes moves in Indonesia and Unilever's ice cream business floats. In REAL ESTATE-RELATED NEWS, Canary Wharf's revival continues, London is running out of office space and Rightmove tries to stay ahead. In MISCELLANEOUS NEWS, Kroger pays Ocado compensation, China's Nvidia challenger booms and Budweiser prepares for booze-free drinkers. AND FINALLY, I bring you a fun way to do hot chocolate...
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