Tuesday 05/12/23

In COMMODITIES, ENERGY & CRYPTO NEWS, gold hits a high, oil is vulnerable, Brookfield fails in its bid for Origin, bitcoin hit $42k and Coinbase promises more jobs. In CONSUMER, RETAIL & LEISURE NEWS, UK inflation hits mortgage holders the most, shoppers rein in spending while retailers hospitality hope for a flurry and PDD gets serious about the US. In CAR NEWS, GM's Cruise has to testify and Toyota looks at more UK investment. In INDIVIDUAL COMPANY NEWS, Evergrande gets more time, Spotify announces more job cuts, Roche buys into obesity and Qatar halves its stake in Barclays. AND FINALLY, I show you an overly-complicated way of making a scotch egg...

 


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