Tuesday 06/12/22

In MACRO, ENERGY & CRYPTO NEWS, Ramaphosa survives, oil prices gyrate, European gas demand falls but we export it, Circle's $9bn deal falls through, Genesis owes, Coinbase looks tired, Binance is ordered to hand over data and the UK looks to regulate crypto. In CONSUMER & RETAIL NEWS, European and UK customers tighten their belts, Sainsbury's tries to help and B&Q opens smaller stores. In TECH NEWS, Foxconn feels the Covid impact, Nexperia fights back and TikTok is expected to avoid ad woes. In MISCELLANEOUS COMPANY NEWS, Toyota announces EV plans, PepsiCo cuts headcount and London office values are to fall. AND FINALLY, I bring you a space-saving Christmas tree...

 


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