In CURRENCY & OIL NEWS, we look at why sterling is weakening and the consequences of China nearing "peak oil". In FINANCIALS NEWS, private valuations come under scrutiny, Binance withdraws from Russia and space insurance becomes increasingly necessary. In REAL ESTATE NEWS, Evergrande faces another clampdown, UK commercial real estate landlords take a hit, Zoopla confirms the house price trend and mortgage payers make tough choices. In INDIVIDUAL COMPANY NEWS, Meta launches AI chatbots, McKinsey makes another opioid payout, Ford and GM come to a major crossroads, Lululemon and Peloton play nice and H&M sees profits rise. AND FINALLY, I bring you something quite pointless but impressive...
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