Monday 11/03/24

In MACRO, OIL & ENERGY NEWS, Biden's economic rating ebbs away, Saudi Aramco pays up despite oil price weakness, cheap power deals are on offer in the UK but the SMR decision has been postponed. In BUSINESS & EMPLOYMENT TRENDS NEWS, China goes lukewarm on Apple and Tesla, Russia stands to benefit from the Red Sea problems, New York vacant office space exceeds that in London and a slowing UK jobs market puts pressure on the Bank. In FINANCIALS NEWS, hedge funds threaten an Indian withdrawal, Abrdn has a 'mare and EY staff get frustrated. In MISCELLANEOUS NEWS, CATL booms, Nintendo plans another movie and we look at how fashion retailers can fend Shein off. AND FINALLY, I bring you a ridiculous sandwich...


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