Tuesday 06/06/23

In TECH NEWS, a Russian cyber attack hits the BBC, Boots and British Airways, we look at the latest discussions in AI, Apple reveals its expensive headset, Spotify sheds 200 and a former ByteDance exec admits state interference. In FINANCIALS/PROPERTY NEWS, US banks brace for commercial property exits, Axa buys a French film studio, India's youth is expected to power the real estate market and UK banks continue to pull mortgages and fear remortgages. In CONSUMER-RELATED NEWS, grocery spending booms on higher prices, spending on cars lags pre-Covid levels and services get a boost from spending. In MISCELLANEOUS NEWS, the oil price rises but the Saudis look isolated, airlines take off and Binance faces charges. AND FINALLY, I bring you some cracking toast...


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