Watson’s Weekly 02 -12-2023

This is an amalgamation of the “best bits” of the daily weekday newsletter/blog woven together to form a concise and coherent view on the things that matter in the commercial and economic news of the week. 

THE COLOURED HIGHLIGHT REFERS TO THE EDITION WHERE THE STORY APPEARED IN WATSON’S DAILY. Clicking on the day will take you to the appropriate edition of Watson’s Daily.

IN BIG PICTURE NEWS...

This was the week when Europe’s inflation fell closer to target, when Shein filed for an IPO and when Tesla finally delivered on the Cybertruck…

IN COMMODITIES NEWS…

IN OIL NEWS…

IN RENEWABLES NEWS…

MEANWHILE…

IN BUSINESS, EMPLOYMENT & CONSUMER TRENDS NEWS...

IN BUSINESS TRENDS…

IN EMPLOYMENT TRENDS…

IN CONSUMER TRENDS…

IN RETAIL & LEISURE NEWS...

IN RETAIL NEWS…

IN LEISURE NEWS…

IN FINANCIALS NEWS...

IN BANKS NEWS…

IN INVESTMENT/WEALTH MANAGEMENT NEWS…

IN REAL ESTATE NEWS...

IN CHINA…

IN THE UK…

IN AUTOMOTIVE NEWS...

IN EV NEWS…

  • The EU’s got a plan to get around the 10% Brexit tariff on EVs – it will extend the validity of the 2023 “statements of origin” into 2024 while the car industry itself continues to lobby for a three-year suspension of the tariff.
  • Tesla’s Cybertruck is now ready for delivery and the prices have already been announced. Funnily enough, the prices are way higher than what had been stated previously ($61,000 starting price – way north of the $40,000 that had originally been touted!) but then again, those who’d put their deposit down have had a few more years to save the extra pennies given how many delays there have been to its release! Meanwhile, Tesla continues to battle Swedish unions – and there’s a bigger battle at stake here because losing in Sweden could have global implications for its workers!

IN OTHER CAR NEWS…

IN TECH NEWS...

IN AI NEWS…

IN SOCIAL MEDIA NEWS…

ELSEWHERE…

IN M&A NEWS...

IN OTHER NEWS...

BANTER

My favourite “alternative” story from this week was the one about which is better – Roses or Quality Street! I agree with the conclusion in this article 👍