In MARKETS & SANCTIONS NEWS, China wants to spend on infrastructure, Europe faces recession, the ECB opens the door to higher interest rates, European gas prices spike, coal-powered plants get a stay of execution and Sunak reconsiders a windfall tax. In CONSUMER & RETAIL NEWS, we look at the prospect of house price weakness, Mattel sees a sales boom, Ted Baker and Boots line up suitors while WH Smith starts Christmas shopping. In TECH NEWS, it's a mixed bag for Meta, Alphabet, Twitter and Spotify. In INDIVIDUAL COMPANY NEWS, Mercedes prioritises top-end, Ford posts a Q1 loss, Renault looks to sell its Russia business, Deutsche Bank sees a new high in profits and Lloyds Bank does OK.AND FINALLY, I bring you a crowd that isn't and a drum solo on rubber chickens...
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