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July 28, 2021
In BIG PICTURE NEWS, Xi’s education crackdown is part of something bigger, the IMF upgrades our GDP forecasts and the FCA relaxed SPAC rules. In TECH NEWS, Chinese tech stocks tank while Google, Apple and Microsoft report big profits. In RETAIL & CONSUMER GOODS NEWS, retail sales climb, Tesco offers golden hellos to lorry drivers, the Morrisons bid gets slated by its top shareholder, Games Workshop hands its staff a nice bonus and Kering echoes LVMH’s success. In MISCELLANEOUS NEWS, some coronavirus winners lose steam, Starbucks faces higher costs, airlines face fuel shortages and the double-jabbed will be able to come to England. AND FINALLY, I bring you some unusual gift ideas and Kinder Bueno sausages (yes, you read that correctly)…