Tuesday 13/02/24

In INVESTMENT AND M&A NEWS, PE chiefs see big gains, SSP's Aussie deal looks pretty sweet, Diamondback Energy buys Endeavour in a $26bn deal and there's some big consolidation going on in warehousing. In CAR-RELATED NEWS, European carmakers splash out on gigafactories, Michelin does a buyback and Glencore stops nickel production as demand falls. In BUSINESS & EMPLOYMENT TRENDS, Arm gets an AI boost, Chinese fleets double down on Suez, Novo Nordisk aims to invest big and PwC grad promotions are delayed. In MISCELLANEOUS NEWS,TikTok faces down Universal Music, Bitcoin breaches $50k, mortgage rates fall and The Body Shop brings in the administrators. AND FINALLY, I bring you a test on Gen-Z slang...

 


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