Tuesday 08/08/23

In MACRO, OIL & ENERGY NEWS, Germany suffers, Saudi Aramco pays out, sceptics diss the fusion illusion but then Siemens warns, wind is in crisis and France exports energy to the UK. In CONSUMER, BUSINESS & EMPLOYMENT TRENDS, UK spending falls, the harvest looks iffy, UK house prices fall, AI data centres are hot, Clarkson plays the game, Zoom wants its staff in the office and PageGroup identifies shifting trends. In INVESTMENT-RELATED NEWS, private equity tries to attract new money, KKR does more deals, UK defence companies suffer, Tilray buys some booze and Mike Ashley takes another nibble of Asos. In MISCELLANEOUS NEWS, BioNTech suffers, the NHS crisis presents "business opportunities" and Tyson Foods makes more closures. AND FINALLY, I bring you a $54m apartment in New York...

 


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