Thursday 01/09/22

In BIG PICTURE NEWS, Eurozone inflation hits a record high, Japan increases its defence spend, wheat prices get cheaper and oil prices weaken. In COST IMPACT NEWS, rising energy costs hit German production, prompt British factory workers to wear jumpers and cause BrewDog to get downbeat while real earnings continue to fall as John Lewis offers staff free meals. In SOCIAL/MEDIA NEWS, Disney considers a Prime-style option, Netflix wants top dollar for ads and Snap cuts 20% of its staff. In INDIVIDUAL COMPANY NEWS, Klarna's losses quadruple, Toyota invests a ton in batteries, Bed Bath & Beyond tastes reality and Fulham Shore navigates the restaurant minefield. AND FINALLY, I bring you questionable fish & chips and spreadable coffee...


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