Thursday 19/05/22

In MACROECONOMIC NEWS, Turkey's Erdogan blocks NATO accession talks while Sunak warns us to strap in. In RETAIL & REAL ESTATE NEWS, Target and Walmart weakness trigger a US sell-off, Burberry goes more niche, Watches of Switzerland sees sales boom, UK pub chains adapt, British Land puts in a decent performance and UK house prices lose momentum. In M&A NEWS, we see a shipping/aviation move, Barclays buying into Barrenjoey and the PIF buying a chunk of Nintendo. In INDIVIDUAL COMPANY NEWS, Tencent has a 'mare, Tesla has a tantrum and Impossible comes to the UK.AND FINALLY, I bring you a chip shop abomination and a cautionary parental tale...

 


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