Thursday 04/05/23

In MACRO, MARKETS, OIL & GAS NEWS, the Fed raises interest rates, LSE listing rule changes cause debate, oil majors rake in the trading revenues and France is left behind on gas. In TECH NEWS, AI faces a UK review, Microsoft warns of AI harm, Meta faces a ban, Qualcomm gets gloomy, refurbished iPhones in India are a hit and TikTok launches an ad product. In CONSUMER-RELATED NEWS, Eurozone jobless numbers fall, food price rises prove to be chunky, Heck gives up on vegan, Ryanair has a storming April, Airbnb goes back to basics and Flutter sees success. In MISCELLANEOUS NEWS, European carmakers pour money into China, Thailand sees investment as well, Porsche and Aston Martin benefit from luxury spending, Lloyds profits boom, Icahn fights back (kind of) and Eli Lilly is close to another breakthrough!. AND FINALLY, I bring you a very annoying illusion...


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