Thursday 18/05/23

In MACROECONOMIC NEWS, Japan exits recession, Europe softens towards the UK, the Bank of England acknowledges the wage-price spiral and South Africa could be heading for the naughty step. In RETAIL NEWS, Shein raises $2bn, Target earnings are squeezed, JD Sports heads for Β£1bn in profits and Watches of Switzerland does well on watch sales but not elsewhere. In TECH NEWS, Tencent revenues rise, TikTok faces a ban in Montana, Apple's headset gets ever closes and Inmarsat has its strongest ever results. In INDIVIDUAL COMPANY NEWS, UBS/Credit Suisse has a reality check, British Land suffers and Purplebricks gets sold for Β£1. AND FINALLY, I bring you the different running styles of Hollywood actors...


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